PEDEVCO Corp. (PED)
NYSEAMERICAN: PED · Real-Time Price · USD
0.788
+0.017 (2.20%)
At close: Feb 4, 2025, 4:00 PM
0.810
+0.022 (2.78%)
After-hours: Feb 4, 2025, 7:48 PM EST
PEDEVCO Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for PEDEVCO stock have an average target of 1.83, with a low estimate of 1.50 and a high estimate of 2.25. The average target predicts an increase of 132.23% from the current stock price of 0.79.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 20, 2024.
Analyst Ratings
The average analyst rating for PEDEVCO stock from 3 stock analysts 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| 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 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| D. Boral Capital | D. Boral Capital | Strong Buy Maintains $2.25 → $1.5 | Strong Buy | Maintains | $2.25 → $1.5 | +90.36% | Nov 20, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $1.75 | Strong Buy | Initiates | $1.75 | +122.08% | Jul 17, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $2.25 | Strong Buy | Maintains | $2.25 | +185.53% | May 16, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $2.5 | Strong Buy | Reiterates | $2.5 | +217.26% | Sep 14, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $2.75 → $2.5 | Strong Buy | Maintains | $2.75 → $2.5 | +217.26% | Aug 15, 2023 |
Financial Forecast
Revenue This Year
38.89M
from 30.78M
Increased by 26.32%
Revenue Next Year
39.96M
from 38.89M
Increased by 2.77%
EPS This Year
0.08
from 0.00
Increased by 2,453.14%
EPS Next Year
0.06
from 0.08
Decreased by -21.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 41.4M | 44.2M | 70.0M |
| Avg | 38.9M | 40.0M | 67.4M |
| Low | 36.9M | 36.5M | 65.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.4% | 13.7% | 75.3% |
| Avg | 26.3% | 2.8% | 68.6% |
| Low | 20.0% | -6.2% | 63.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.09 | 0.07 | 0.12 |
| Avg | 0.08 | 0.06 | 0.11 |
| Low | 0.06 | 0.04 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3,015.7% | -5.1% | 92.3% |
| Avg | 2,453.1% | -21.7% | 85.0% |
| Low | 1,838.7% | -49.4% | 79.5% |
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.