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NYSE: PXD
Pioneer Natural Resources Co Stock Forecast, Predictions & Price Target

Analyst price target for PXD

Based on 19 analysts offering 12 month price targets for Pioneer Natural Resources Co.
Min Forecast
$167.00-6.97%
Avg Forecast
$208.74+16.28%
Max Forecast
$260.00+44.83%

Should I buy or sell PXD stock?

Based on 19 analysts offering ratings for Pioneer Natural Resources Co.
Strong Buy
Strong Buy
10 analysts 52.63%
Buy
4 analysts 21.05%
Hold
5 analysts 26.32%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PXD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 8%
93
Strong BuyMaintains$233.00+29.79%2021-11-19
Morgan Stanley
Top 20%
81
HoldMaintains$206.00+14.75%2021-11-19
MKM Partners
Top 1%
100
Strong BuyMaintains$247.00+37.59%2021-11-05
TD Securities
Bottom 1%
1
Strong BuyMaintains$215.00+19.76%2021-11-04
Raymond James
Top 1%
100
Strong BuyMaintains$260.00+44.83%2021-10-26
Piper Sandler
Top 12%
89
Strong BuyMaintains$254.00+41.49%2021-10-21Find out why
KeyBanc
Top 1%
100
Strong BuyMaintains$205.00+14.19%2021-10-19
Truist Securities
Top 5%
96
HoldMaintains$214.00+19.21%2021-10-07Find out why
Anonymous
KeyBanc
Strong BuyMaintains$192.00+6.95%2021-10-07
Mizuho
Top 17%
84
Strong BuyMaintains$231.00+28.68%2021-07-15

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Forecast return on equity

Is PXD forecast to generate an efficient return?
Company
10.76%
Industry
7.25%
Market
37.06%
PXD's Return on Equity is forecast to be low in 3 years (10.76%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is PXD forecast to generate an efficient return on assets?
Company
6.64%
Industry
3.27%
PXD is forecast to generate higher Return on Assets (6.64%) than the US Oil & Gas E&P industry average (3.27%)
Forecast

PXD earnings per share forecast

What is PXD's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$12.59+134.01%
Avg 2 year Forecast
$18.99+252.97%
Avg 3 year Forecast
$17.46+224.54%
PXD's earnings are forecast to grow at an exceptional rate of 54.2% per year
Forecast

PXD revenue forecast

What is PXD's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$15.7B+29.77%
Avg 2 year Forecast
$19.2B+58.99%
Avg 3 year Forecast
$19.0B+57.17%
PXD's revenue is forecast to grow at a rate of 18.15% per year, which is not exceptional
Forecast

PXD earnings growth forecast

How is PXD forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
54.2%
Industry
132.27%
Market
14.37%
PXD's earnings are forecast to grow slower (54.2% per year) than the US Oil & Gas E&P industry average (132.27%)
Forecast
PXD's earnings are forecast to grow faster (54.2% per year) than the US market average (14.37%)
Forecast
PXD's earnings are forecast to grow faster (54.2% per year) than the risk-free savings rate (1.4%)
Forecast

PXD revenue growth forecast

How is PXD forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
18.15%
Industry
18.7%
Market
10.03%
PXD's revenues are forecast to grow slower (18.15% per year) than the US Oil & Gas E&P industry average (18.7%)
Forecast
PXD's revenues are forecast to grow faster (18.15% per year) than the US market average (10.03%)
Forecast

Pioneer Natural Resources Stock Forecast FAQ

Is Pioneer Natural Resources Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NYSE: PXD) stock is to Strong Buy PXD stock.

Out of 19 analysts, 10 (52.63%) are recommending PXD as a Strong Buy, 4 (21.05%) are recommending PXD as a Buy, 5 (26.32%) are recommending PXD as a Hold, 0 (0%) are recommending PXD as a Sell, and 0 (0%) are recommending PXD as a Strong Sell.

What is PXD's earnings growth forecast for 2021-2023?

(NYSE: PXD) Pioneer Natural Resources's forecast annual earnings growth rate of 54.2% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 132.27%, and while it is forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Pioneer Natural Resources's earnings in 2021 is $1,325,000,000.On average, 10 Wall Street analysts forecast PXD's earnings for 2021 to be $3,073,643,296, with the lowest PXD earnings forecast at $2,812,420,236, and the highest PXD earnings forecast at $3,686,418,885. On average, 10 Wall Street analysts forecast PXD's earnings for 2022 to be $4,636,098,982, with the lowest PXD earnings forecast at $3,649,798,830, and the highest PXD earnings forecast at $5,165,869,113.

In 2023, PXD is forecast to generate $4,262,574,419 in earnings, with the lowest earnings forecast at $3,715,714,929 and the highest earnings forecast at $4,938,824,771.

What is PXD's revenue growth forecast for 2021-2023?

(NYSE: PXD) Pioneer Natural Resources's forecast annual revenue growth rate of 18.15% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 18.7%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Pioneer Natural Resources's revenue in 2021 is $12,081,000,000.On average, 5 Wall Street analysts forecast PXD's revenue for 2021 to be $3,827,300,631,669, with the lowest PXD revenue forecast at $3,575,413,732,592, and the highest PXD revenue forecast at $4,360,472,033,561. On average, 5 Wall Street analysts forecast PXD's revenue for 2022 to be $4,689,354,795,794, with the lowest PXD revenue forecast at $4,416,051,511,931, and the highest PXD revenue forecast at $4,866,373,212,784.

In 2023, PXD is forecast to generate $4,635,660,273,729 in revenue, with the lowest revenue forecast at $4,393,674,216,897 and the highest revenue forecast at $5,054,693,067,062.

What is PXD's forecast return on assets (ROA) for 2021-2024?

(NYSE: PXD) forecast ROA is 6.64%, which is higher than the forecast US Oil & Gas E&P industry average of 3.27%.

What is PXD's Price Target?

According to 19 Wall Street analysts that have issued a 1 year PXD price target, the average PXD price target is $208.74, with the highest PXD stock price forecast at $260.00 and the lowest PXD stock price forecast at $167.00.

On average, Wall Street analysts predict that Pioneer Natural Resources's share price could stay at $208.74 by Nov 19, 2022. The average Pioneer Natural Resources stock price prediction forecasts a potential downside of N/A from the current PXD share price of $179.52.

What is PXD's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: PXD) Pioneer Natural Resources's current Earnings Per Share (EPS) is $5.38. On average, analysts forecast that PXD's EPS will be $12.59 for 2021, with the lowest EPS forecast at $11.52, and the highest EPS forecast at $15.10. On average, analysts forecast that PXD's EPS will be $18.99 for 2022, with the lowest EPS forecast at $14.95, and the highest EPS forecast at $21.16. In 2023, PXD's EPS is forecast to hit $17.46 (min: $15.22, max: $20.23).

What is PXD's forecast return on equity (ROE) for 2021-2024?

(NYSE: PXD) forecast ROE is 10.76%, which is considered weak.
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