PBF Energy Inc. (PBF)
NYSE: PBF · IEX Real-Time Price · USD
55.92
+0.43 (0.77%)
Apr 19, 2024, 4:00 PM EDT - Market closed
PBF Energy Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for PBF Energy stock have an average target of 57.09, with a low estimate of 36 and a high estimate of 74. The average target predicts an increase of 2.09% from the current stock price of 55.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PBF Energy 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 6 | 6 | 6 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $39 → $56 | Hold | Maintains | $39 → $56 | +0.14% | Apr 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $65 → $71 | Buy | Maintains | $65 → $71 | +26.97% | Apr 11, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $50 → $61 | Hold | Maintains | $50 → $61 | +9.08% | Apr 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $54 → $59 | Buy | Maintains | $54 → $59 | +5.51% | Apr 1, 2024 |
| Mizuho | Mizuho | Strong Buy → Hold Downgrades $52 → $58 | Strong Buy → Hold | Downgrades | $52 → $58 | +3.72% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
31.68B
from 38.32B
Decreased by -17.33%
Revenue Next Year
29.72B
from 31.68B
Decreased by -6.20%
EPS This Year
7.48
from 16.52
Decreased by -54.71%
EPS Next Year
5.33
from 7.48
Decreased by -28.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 43.3B | 39.9B | 38.5B |
| Avg | 31.7B | 29.7B | 32.1B |
| Low | 1.3B | 848.2M | 25.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.1% | 25.9% | 29.7% |
| Avg | -17.3% | -6.2% | 8.1% |
| Low | -96.6% | -97.3% | -12.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.68 | 9.69 | 6.98 | 2.42 | 0.74 |
| Avg | 7.48 | 5.33 | 3.60 | 2.32 | 0.71 |
| Low | 1.52 | 1.81 | -1.32 | 2.25 | 0.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -29.3% | 29.6% | 30.9% | -32.9% | -68.4% |
| Avg | -54.7% | -28.7% | -32.5% | -35.4% | -69.6% |
| Low | -90.8% | -75.8% | - | -37.3% | -70.5% |
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.