PEDEVCO Stock Forecast

Stock Price Forecast

The 2 analysts that cover PEDEVCO stock have a consensus rating of "Strong Buy" and an average price target of $1.63, which forecasts a 146.97% increase in the stock price over the next year. The lowest target is $1.5 and the highest is $1.75.

Price Target: $1.63 (+146.97%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1.50	$1.63	$1.75	$1.75
Change	+127.27%	+146.97%	+165.15%	+165.15%

Analyst Ratings

The average analyst rating for PEDEVCO stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	3	3	3	3	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jesse Sobelson D. Boral Capital	D. Boral Capital	Strong Buy Maintains $1.5	Strong Buy	Maintains	$1.5	+127.27%	May 20, 2025
Jesse Sobelson D. Boral Capital	D. Boral Capital	Strong Buy Maintains $1.5	Strong Buy	Maintains	$1.5	+127.27%	Apr 2, 2025
Jesse Sobelson D. Boral Capital	D. Boral Capital	Strong Buy Maintains $1.5	Strong Buy	Maintains	$1.5	+127.27%	Mar 13, 2025
Jesse Sobelson D. Boral Capital	D. Boral Capital	Strong Buy Maintains $2.25 → $1.5	Strong Buy	Maintains	$2.25 → $1.5	+127.27%	Nov 20, 2024
James Molloy Alliance Global Partners	Alliance Global Partners	Strong Buy Initiates $1.75	Strong Buy	Initiates	$1.75	+165.15%	Jul 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

36.31M

from 39.55M

-8.21%

from 39.55M

Revenue Next Year

38.48M

from 36.31M

5.99%

from 36.31M

EPS This Year

0.06

from 0.20

-69.60%

from 0.20

EPS Next Year

0.08

from 0.06

33.33%

from 0.06

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.06M	15.86M	30.03M	30.78M	39.55M	36.31M	38.48M
Revenue Growth	-37.87%	96.80%	89.37%	2.50%	28.49%	-8.21%	5.99%
EPS	-0.45	-0.02	0.03	0.02	0.20	0.06	0.08
EPS Growth	-	-	-	-34.93%	921.21%	-69.60%	33.33%
Forward PE	-	-	-	-	-	10.89	8.17
No. Analysts	-	-	-	-	-	3	2

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

Revenue Forecast

Revenue	2025	2026
High	37.8M	40.0M
Avg	36.3M	38.5M
Low	35.2M	37.3M

Revenue Growth

Revenue Growth	2025	2026
High	-4.4%	10.2%
Avg	-8.2%	6.0%
Low	-11.1%	2.8%

EPS Forecast

EPS	2025	2026
High	0.07	0.08
Avg	0.06	0.08
Low	0.05	0.08

EPS Growth

EPS Growth	2025	2026
High	-63.1%	38.6%
Avg	-69.6%	33.3%
Low	-75.4%	29.4%

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.