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NYSE: PR
Permian Resources Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for PR

Based on 13 analysts offering 12 month price targets for Permian Resources Corp.
Min Forecast
$15.00+10.46%
Avg Forecast
$18.46+35.95%
Max Forecast
$21.00+54.64%

Should I buy or sell PR stock?

Based on 13 analysts offering ratings for Permian Resources Corp.
Strong Buy
Strong Buy
9 analysts 69.23%
Buy
3 analysts 23.08%
Hold
1 analysts 7.69%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PR stock forecasts and price targets.

PR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-15
lockedlocked$00.00+00.00%2024-10-14
lockedlocked$00.00+00.00%2024-10-01
lockedlocked$00.00+00.00%2024-09-30
lockedlocked$00.00+00.00%2024-09-30
UBS
Top 24%
77
Strong BuyMaintains$18.00+32.55%2024-09-18
Mizuho
Top 3%
98
BuyMaintains$19.00+39.91%2024-09-16
JP Morgan
Top 17%
84
Strong BuyMaintains$17.00+25.18%2024-09-12
Susquehanna
Bottom 2%
2
HoldMaintains$15.00+10.46%2024-09-04
Citigroup
Bottom 15%
15
Strong BuyMaintains$18.00+32.55%2024-08-09

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Forecast return on equity

Is PR forecast to generate an efficient return?
Company
15.99%
Industry
18.5%
Market
52.04%
PR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PR forecast to generate an efficient return on assets?
Company
8.66%
Industry
9.68%
PR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PR earnings per share forecast

What is PR's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.48+2.64%
Avg 2 year Forecast
$1.64+13.69%
Avg 3 year Forecast
$1.66+15.51%
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PR revenue forecast

What is PR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$5.1B+15.89%
Avg 2 year Forecast
$5.4B+24.32%
Avg 3 year Forecast
$5.5B+26.41%
PR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PR earnings growth forecast

How is PR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
5.5%
Industry
3.73%
Market
19.96%
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PR revenue growth forecast

How is PR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
10.74%
Industry
5.19%
Market
8.74%
PR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PR vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
PR$13.58$18.46+35.95%Strong Buy
OVV$41.06$54.75+33.34%Buy
EXE$85.79$97.56+13.71%Buy
APA$24.85$33.20+33.60%Hold
AR$27.35$33.46+22.35%Buy
View Top Oil and Gas Stocks

Permian Resources Stock Forecast FAQ

Is Permian Resources Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: PR) stock is to Strong Buy PR stock.

Out of 13 analysts, 9 (69.23%) are recommending PR as a Strong Buy, 3 (23.08%) are recommending PR as a Buy, 1 (7.69%) are recommending PR as a Hold, 0 (0%) are recommending PR as a Sell, and 0 (0%) are recommending PR as a Strong Sell.

If you're new to stock investing, here's how to buy Permian Resources stock.

What is PR's earnings growth forecast for 2024-2026?

(NYSE: PR) Permian Resources's forecast annual earnings growth rate of 5.5% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 3.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.96%.

Permian Resources's earnings in 2024 is $682,462,000.On average, 5 Wall Street analysts forecast PR's earnings for 2024 to be $1,186,149,520, with the lowest PR earnings forecast at $1,067,374,061, and the highest PR earnings forecast at $1,292,084,390. On average, 7 Wall Street analysts forecast PR's earnings for 2025 to be $1,313,833,139, with the lowest PR earnings forecast at $963,044,266, and the highest PR earnings forecast at $1,749,530,416.

In 2026, PR is forecast to generate $1,334,859,606 in earnings, with the lowest earnings forecast at $938,968,159 and the highest earnings forecast at $1,869,910,949.

What is PR's revenue growth forecast for 2024-2026?

(NYSE: PR) Permian Resources's forecast annual revenue growth rate of 10.74% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.19%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.74%.

Permian Resources's revenue in 2024 is $4,370,309,000.On average, 5 Wall Street analysts forecast PR's revenue for 2024 to be $4,064,502,641,784, with the lowest PR revenue forecast at $3,933,514,175,999, and the highest PR revenue forecast at $4,191,650,166,024. On average, 5 Wall Street analysts forecast PR's revenue for 2025 to be $4,360,407,622,833, with the lowest PR revenue forecast at $3,980,261,949,725, and the highest PR revenue forecast at $4,645,324,268,810.

In 2026, PR is forecast to generate $4,433,446,505,010 in revenue, with the lowest revenue forecast at $4,041,238,702,475 and the highest revenue forecast at $4,825,654,307,544.

What is PR's forecast return on assets (ROA) for 2024-2026?

(NYSE: PR) forecast ROA is 8.66%, which is lower than the forecast US Oil & Gas E&P industry average of 9.68%.

What is PR's Price Target?

According to 13 Wall Street analysts that have issued a 1 year PR price target, the average PR price target is $18.46, with the highest PR stock price forecast at $21.00 and the lowest PR stock price forecast at $15.00.

On average, Wall Street analysts predict that Permian Resources's share price could reach $18.46 by Oct 15, 2025. The average Permian Resources stock price prediction forecasts a potential upside of 35.95% from the current PR share price of $13.58.

What is PR's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: PR) Permian Resources's current Earnings Per Share (EPS) is $1.44. On average, analysts forecast that PR's EPS will be $1.48 for 2024, with the lowest EPS forecast at $1.33, and the highest EPS forecast at $1.61. On average, analysts forecast that PR's EPS will be $1.64 for 2025, with the lowest EPS forecast at $1.20, and the highest EPS forecast at $2.18. In 2026, PR's EPS is forecast to hit $1.66 (min: $1.17, max: $2.33).

What is PR's forecast return on equity (ROE) for 2024-2026?

(NYSE: PR) forecast ROE is 15.99%, which is considered weak.
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