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NASDAQ: PDCE
PDC ENERGY INC Stock Forecast, Predictions & Price Target

Analyst price target for PDCE

Based on 3 analysts offering 12 month price targets for PDC ENERGY INC.
Min Forecast
$80.00+24.3%
Avg Forecast
$88.67+37.77%
Max Forecast
$102.00+58.48%

Should I buy or sell PDCE stock?

Based on 3 analysts offering ratings for PDC ENERGY INC.
Strong Buy
Strong Buy
3 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PDCE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 1%
100
Strong BuyMaintains$102.00+58.48%2022-05-10
Anonymous
KeyBanc
Strong BuyMaintains$84.00+30.52%2022-04-08
KeyBanc
Top 1%
100
Strong BuyMaintains$80.00+24.30%2022-03-31
MKM Partners
Top 1%
100
Strong BuyMaintains$84.00+30.52%2022-03-01

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Forecast return on equity

Is PDCE forecast to generate an efficient return?
Company
70.07%
Industry
-342.53%
Market
39.99%
PDCE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PDCE forecast to generate an efficient return on assets?
Company
33.8%
Industry
17.61%
PDCE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PDCE earnings per share forecast

What is PDCE's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$17.54+245.96%
Avg 2 year Forecast
$18.34+261.74%
Avg 3 year Forecast
$20.30+300.39%
PDCE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PDCE revenue forecast

What is PDCE's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$4.0B+110.76%
Avg 2 year Forecast
$4.1B+116.91%
Avg 3 year Forecast
$4.2B+120.53%
PDCE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PDCE earnings growth forecast

How is PDCE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
91.83%
Industry
31.62%
Market
16.55%
PDCE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PDCE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PDCE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PDCE revenue growth forecast

How is PDCE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
47.06%
Industry
14.92%
Market
8.35%
PDCE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PDCE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PDCE vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
PDCE$64.36$88.67+37.77%Strong Buy
MTDR$49.22$56.00+13.77%Strong Buy
MUR$34.37$48.50+41.11%Buy
MGY$23.77$24.88+4.65%Buy
CIVI$62.06$67.00+7.96%Strong Buy

PDC ENERGY Stock Forecast FAQ

Is PDC ENERGY Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: PDCE) stock is to Strong Buy PDCE stock.

Out of 3 analysts, 3 (100%) are recommending PDCE as a Strong Buy, 0 (0%) are recommending PDCE as a Buy, 0 (0%) are recommending PDCE as a Hold, 0 (0%) are recommending PDCE as a Sell, and 0 (0%) are recommending PDCE as a Strong Sell.

What is PDCE's earnings growth forecast for 2022-2024?

(NASDAQ: PDCE) PDC ENERGY's forecast annual earnings growth rate of 91.83% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 31.62%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.55%.

PDC ENERGY's earnings in 2022 is $499,387,000.On average, 6 Wall Street analysts forecast PDCE's earnings for 2022 to be $1,673,831,097, with the lowest PDCE earnings forecast at $1,270,164,875, and the highest PDCE earnings forecast at $2,192,966,854. On average, 5 Wall Street analysts forecast PDCE's earnings for 2023 to be $1,750,174,591, with the lowest PDCE earnings forecast at $1,204,318,612, and the highest PDCE earnings forecast at $2,544,146,924.

In 2024, PDCE is forecast to generate $1,937,216,150 in earnings, with the lowest earnings forecast at $1,320,742,439 and the highest earnings forecast at $2,553,689,861.

What is PDCE's revenue growth forecast for 2022-2024?

(NASDAQ: PDCE) PDC ENERGY's forecast annual revenue growth rate of 47.06% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 14.92%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.35%.

PDC ENERGY's revenue in 2022 is $1,886,322,000.On average, 4 Wall Street analysts forecast PDCE's revenue for 2022 to be $379,398,534,382, with the lowest PDCE revenue forecast at $311,643,683,812, and the highest PDCE revenue forecast at $455,484,368,691. On average, 3 Wall Street analysts forecast PDCE's revenue for 2023 to be $390,458,798,017, with the lowest PDCE revenue forecast at $367,975,639,152, and the highest PDCE revenue forecast at $430,004,727,702.

In 2024, PDCE is forecast to generate $396,986,166,720 in revenue, with the lowest revenue forecast at $396,986,166,720 and the highest revenue forecast at $396,986,166,720.

What is PDCE's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: PDCE) forecast ROA is 33.8%, which is higher than the forecast US Oil & Gas E&P industry average of 17.61%.

What is PDCE's Price Target?

According to 3 Wall Street analysts that have issued a 1 year PDCE price target, the average PDCE price target is $88.67, with the highest PDCE stock price forecast at $102.00 and the lowest PDCE stock price forecast at $80.00.

On average, Wall Street analysts predict that PDC ENERGY's share price could reach $88.67 by May 10, 2023. The average PDC ENERGY stock price prediction forecasts a potential upside of 37.77% from the current PDCE share price of $64.36.

What is PDCE's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: PDCE) PDC ENERGY's current Earnings Per Share (EPS) is $5.07. On average, analysts forecast that PDCE's EPS will be $17.54 for 2022, with the lowest EPS forecast at $13.31, and the highest EPS forecast at $22.98. On average, analysts forecast that PDCE's EPS will be $18.34 for 2023, with the lowest EPS forecast at $12.62, and the highest EPS forecast at $26.66. In 2024, PDCE's EPS is forecast to hit $20.30 (min: $13.84, max: $26.76).

What is PDCE's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: PDCE) forecast ROE is 70.07%, which is considered strong.
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