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

Analyst price target for PR

Based on 13 analysts offering 12 month price targets for Permian Resources Corp.
Min Forecast
$14.00-19.22%
Avg Forecast
$19.31+11.41%
Max Forecast
$24.00+38.49%

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
1 analysts 7.69%
Hold
3 analysts 23.08%
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%2024-04-23
lockedlocked$00.00+00.00%2024-04-22Find Out Why
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-19Find Out Why
lockedlocked$00.00+00.00%2024-04-17
Mizuho
Top 1%
100
Strong BuyMaintains$20.00+15.41%2024-04-15
RBC Capital
Top 2%
99
BuyReiterates$17.00-1.90%2024-04-12
JP Morgan
Top 10%
91
Strong BuyMaintains$20.00+15.41%2024-04-12Find out why
Raymond James
Top 1%
100
Strong BuyInitiates Coverage On$24.00+38.49%2024-04-09
Stifel Nicolaus
Top 8%
93
Strong BuyMaintains$20.00+15.41%2024-03-22Find out why

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Forecast return on equity

Is PR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.16%

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 6 analysts?
Avg 1 year Forecast
$5.0B+58.9%
Avg 2 year Forecast
$5.2B+67.88%
Avg 3 year Forecast
$5.1B+62.36%
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
35.45%
Market
28.66%
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
27.84%
Industry
6.51%
Market
9.03%
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$17.33$19.31+11.41%Strong Buy
TPL$592.02$694.17+17.25%Buy
OVV$53.14$59.30+11.59%Buy
CHK$91.47$101.00+10.42%Buy
MRO$27.74$33.20+19.68%Strong Buy

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, 1 (7.69%) are recommending PR as a Buy, 3 (23.08%) 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 27.84% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 6.51%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Permian Resources's revenue in 2024 is $3,120,893,000.On average, 6 Wall Street analysts forecast PR's revenue for 2024 to be $3,827,846,645,624, with the lowest PR revenue forecast at $3,173,557,611,351, and the highest PR revenue forecast at $4,048,694,936,295. On average, 5 Wall Street analysts forecast PR's revenue for 2025 to be $4,043,940,265,346, with the lowest PR revenue forecast at $3,083,249,737,812, and the highest PR revenue forecast at $4,353,302,621,880.

In 2026, PR is forecast to generate $3,911,128,257,857 in revenue, with the lowest revenue forecast at $3,106,282,104,875 and the highest revenue forecast at $4,423,542,079,077.

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 13 Wall Street analysts that have issued a 1 year PR price target, the average PR price target is $19.31, with the highest PR stock price forecast at $24.00 and the lowest PR stock price forecast at $14.00.

On average, Wall Street analysts predict that Permian Resources's share price could reach $19.31 by Apr 23, 2025. The average Permian Resources stock price prediction forecasts a potential upside of 11.41% from the current PR share price of $17.33.

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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