Plains GP Holdings, L.P. (PAGP)

Plains GP Holdings Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Plains GP Holdings stock have an average target of 19.82, with a low estimate of 16 and a high estimate of 23. The average target predicts an increase of 1.95% from the current stock price of 19.44.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$19.82	$20	$23
Change	-17.70%	+1.95%	+2.88%	+18.31%

Analyst Ratings

The average analyst rating for PAGP stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	4	4	3	5	5	5
Buy	1	1	1	2	3	3
Hold	2	2	2	1	1	1
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	9	9	8	10	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robert Kad Morgan Stanley	Morgan Stanley	Buy Maintains $19 → $20	Buy	Maintains	$19 → $20	+2.88%	Jun 10, 2024
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $19 → $20	Buy	Maintains	$19 → $20	+2.88%	May 8, 2024
Spiro Dounis Citigroup	Citigroup	Hold Maintains $18 → $18	Hold	Maintains	$18 → $18	-7.41%	May 6, 2024
Selman Akyol Stifel	Stifel	Strong Buy Maintains $18 → $22	Strong Buy	Maintains	$18 → $22	+13.17%	Apr 16, 2024
Shneur Gershuni UBS	UBS	Strong Buy Maintains $22 → $23	Strong Buy	Maintains	$22 → $23	+18.31%	Apr 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

45.84B

Decreased by -5.89%

from 48.71B

Revenue Next Year

55.31B

Increased by 20.65%

from 45.84B

EPS This Year

1.40

Increased by 38.38%

from 1.01

EPS Next Year

1.58

Increased by 13.19%

from 1.40

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	33.67B	23.29B	42.08B	57.34B	48.71B	45.84B	55.31B	58.59B	37.75B	39.55B
Revenue Growth	-1.13%	-30.83%	80.67%	36.28%	-15.05%	-5.89%	20.65%	5.93%	-35.58%	4.79%
EPS	1.96	-3.07	0.31	0.86	1.01	1.40	1.58	1.50	2.39	1.88
EPS Growth	-7.11%	-	-	177.42%	17.44%	38.38%	13.19%	-5.27%	59.60%	-21.32%
Forward PE	-	-	-	-	-	13.91	12.29	12.97	8.13	10.33
No. Analysts	-	-	-	-	-	14	13	9	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	55.9B	59.5B	61.1B	38.9B	40.7B
Avg	45.8B	55.3B	58.6B	37.7B	39.6B
Low	11.7B	49.0B	55.9B	36.3B	38.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	14.8%	29.9%	10.4%	-33.7%	7.9%
Avg	-5.9%	20.7%	5.9%	-35.6%	4.8%
Low	-75.9%	6.8%	1.1%	-38.1%	0.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.54	2.56	2.58	3.30	2.27
Avg	1.40	1.58	1.50	2.39	1.88
Low	0.43	0.30	0.25	1.52	1.50

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	151.8%	83.2%	63.0%	120.0%	-5.2%
Avg	38.4%	13.2%	-5.3%	59.6%	-21.3%
Low	-57.3%	-78.3%	-83.9%	1.4%	-37.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.