PBF Energy Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for PBF Energy stock have an average target of 34.18, with a low estimate of 25 and a high estimate of 44. The average target predicts an increase of 6.85% from the current stock price of 31.99.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$25	$34.18	$35	$44
Change	-21.85%	+6.85%	+9.41%	+37.54%

Analyst Ratings

The average analyst rating for PBF Energy stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	0	0	0	0	0
Buy	3	3	3	3	1	1
Hold	6	7	6	6	8	9
Sell	0	0	0	1	2	2
Strong Sell	0	0	0	0	0	0
Total	10	10	9	10	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nitin Kumar Mizuho	Mizuho	Hold Maintains $36 → $33	Hold	Maintains	$36 → $33	+3.16%	Nov 4, 2024
Jason Gabelman TD Cowen	TD Cowen	Hold Maintains $32 → $27	Hold	Maintains	$32 → $27	-15.60%	Nov 1, 2024
Jean Ann Salisbury B of A Securities	B of A Securities	Sell Initiates $25	Sell	Initiates	$25	-21.85%	Oct 17, 2024
Paul Cheng Scotiabank	Scotiabank	Hold Maintains $45 → $31	Hold	Maintains	$45 → $31	-3.09%	Oct 10, 2024
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $51 → $39	Buy	Maintains	$51 → $39	+21.91%	Oct 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

34.10B

from 38.32B

-11.02%

from 38.32B

Revenue Next Year

33.45B

from 34.10B

-1.93%

from 34.10B

EPS This Year

-2.78

from 16.52

EPS Next Year

-0.42

from -2.78

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	24.51B	15.12B	27.25B	46.83B	38.32B	34.10B	33.45B	33.01B
Revenue Growth	-9.85%	-38.32%	80.30%	71.83%	-18.16%	-11.02%	-1.93%	-1.30%
EPS	2.64	-11.64	1.90	22.84	16.52	-2.78	-0.42	1.91
EPS Growth	139.74%	-	-	1,103.21%	-27.68%	-	-	-
Forward PE	-	-	-	-	-	-	-	16.76
No. Analysts	-	-	-	-	-	16	16	12

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

Revenue Forecast

Revenue	2024	2025	2026
High	37.8B	39.2B	38.4B
Avg	34.1B	33.4B	33.0B
Low	31.7B	28.1B	26.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-1.5%	14.9%	14.7%
Avg	-11.0%	-1.9%	-1.3%
Low	-17.3%	-17.6%	-21.6%

EPS Forecast

EPS	2024	2025	2026
High	-2.16	1.84	4.64
Avg	-2.78	-0.42	1.91
Low	-3.24	-2.17	-1.81

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.