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

Analyst price target for PR

Based on 10 analysts offering 12 month price targets for Permian Resources Corp.
Min Forecast
$14.00-10.03%
Avg Forecast
$17.00+9.25%
Max Forecast
$23.00+47.81%

Should I buy or sell PR stock?

Based on 10 analysts offering ratings for Permian Resources Corp.
Strong Buy
Strong Buy
6 analysts 60%
Buy
1 analysts 10%
Hold
3 analysts 30%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2024-01-24
lockedlocked$00.00+00.00%2024-01-23
lockedlocked$00.00+00.00%2024-01-05
UBS
Top 27%
74
HoldMaintains$14.00-10.03%2023-12-14
Stifel Nicolaus
Bottom 14%
14
Strong BuyMaintains$18.00+15.68%2023-11-30
Wells Fargo
Top 49%
52
Strong BuyInitiates Coverage On$17.00+9.25%2023-11-15
Benchmark
Top 8%
93
Strong BuyMaintains$16.00+2.83%2023-10-18
Citigroup
Top 28%
73
Strong BuyMaintains$17.00+9.25%2023-10-16

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Forecast return on equity

Is PR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.15%

Forecast return on assets

Is PR forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

PR revenue forecast

What is PR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$5.0B+61.1%
Avg 2 year Forecast
$5.3B+69.03%
Avg 3 year Forecast
$6.3B+101.54%
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
51.46%
Industry
30.85%
Market
30.44%
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
32.48%
Industry
5.81%
Market
10.51%
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$15.56$17.00+9.25%Strong Buy
TPL$1,575.42$1,414.00-10.25%Hold
CHK$82.78$97.33+17.58%Strong Buy
OVV$49.41$54.43+10.16%Buy
MRO$24.25$31.45+29.69%Strong Buy

Permian Resources Stock Forecast FAQ

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

The consensus among 10 Wall Street analysts covering (NYSE: PR) stock is to Strong Buy PR stock.

Out of 10 analysts, 6 (60%) are recommending PR as a Strong Buy, 1 (10%) are recommending PR as a Buy, 3 (30%) 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 revenue growth forecast for 2024-2026?

(NYSE: PR) Permian Resources's forecast annual revenue growth rate of 32.48% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.81%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.51%.

Permian Resources's revenue in 2024 is $3,120,893,000.On average, 5 Wall Street analysts forecast PR's revenue for 2024 to be $3,880,784,040,486, with the lowest PR revenue forecast at $3,587,152,234,916, and the highest PR revenue forecast at $4,183,261,386,490. On average, 3 Wall Street analysts forecast PR's revenue for 2025 to be $4,071,716,497,288, with the lowest PR revenue forecast at $3,765,575,893,440, and the highest PR revenue forecast at $4,584,089,409,813.

In 2026, PR is forecast to generate $4,855,013,030,430 in revenue, with the lowest revenue forecast at $4,855,013,030,430 and the highest revenue forecast at $4,855,013,030,430.

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

(NYSE: PR) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of N/A.

What is PR's Price Target?

According to 10 Wall Street analysts that have issued a 1 year PR price target, the average PR price target is $17.00, with the highest PR stock price forecast at $23.00 and the lowest PR stock price forecast at $14.00.

On average, Wall Street analysts predict that Permian Resources's share price could reach $17.00 by Feb 28, 2025. The average Permian Resources stock price prediction forecasts a potential upside of 9.25% from the current PR share price of $15.56.

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

(NYSE: PR) forecast ROE is N/A, which is considered weak.
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