Pioneer Natural Resources Company (PXD)
NYSE: PXD · IEX Real-Time Price · USD
270.31
+2.34 (0.87%)
At close: Apr 19, 2024, 4:00 PM
269.90
-0.41 (-0.15%)
After-hours: Apr 19, 2024, 7:59 PM EDT
Pioneer Natural Resources Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for PXD stock have an average target of 260.29, with a low estimate of 224 and a high estimate of 332. The average target predicts a decrease of -3.71% from the current stock price of 270.31.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Pioneer Natural Resources stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 4 | 3 | 2 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 14 | 14 | 12 | 13 | 13 | 15 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 23 | 23 | 22 | 22 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $230 → $282 | Hold | Maintains | $230 → $282 | +4.32% | Apr 11, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $279 | Hold | Reiterates | $279 | +3.21% | Apr 11, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $238 → $278 | Hold | Maintains | $238 → $278 | +2.84% | Apr 5, 2024 |
| Mizuho | Mizuho | Hold Maintains $276 → $290 | Hold | Maintains | $276 → $290 | +7.28% | Mar 19, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $237 → $246 | Hold | Maintains | $237 → $246 | -8.99% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
17.98B
from 19.36B
Decreased by -7.14%
Revenue Next Year
19.42B
from 17.98B
Increased by 8.00%
EPS This Year
20.61
from 20.21
Increased by 1.96%
EPS Next Year
22.04
from 20.61
Increased by 6.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 28.5B | 32.0B | 28.0B |
| Avg | 18.0B | 19.4B | 18.8B |
| Low | 12.6B | 13.8B | 14.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.1% | 78.1% | 44.2% |
| Avg | -7.1% | 8.0% | -3.4% |
| Low | -35.1% | -23.0% | -27.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.19 | 30.04 | 27.04 | 21.11 | 23.31 |
| Avg | 20.61 | 22.04 | 21.34 | 19.48 | 20.67 |
| Low | 16.58 | 17.08 | 14.29 | 17.34 | 18.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.6% | 45.8% | 22.7% | -1.1% | 19.7% |
| Avg | 2.0% | 6.9% | -3.1% | -8.7% | 6.1% |
| Low | -18.0% | -17.1% | -35.2% | -18.8% | -4.9% |
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.