Pedevco Corp Stock Forecast, Predictions & Price Target

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Analyst price target for PED

Based on 2 analysts offering 12 month price targets for Pedevco Corp.
Min Forecast
Avg Forecast
Max Forecast

Should I buy or sell PED stock?

Based on 2 analysts offering ratings for Pedevco Corp.
Strong Buy
Strong Buy
2 analysts 100%
0 analysts 0%
0 analysts 0%
0 analysts 0%
Strong Sell
0 analysts 0%

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PED stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
EF Hutton
Bottom 17%
Strong BuyInitiates Coverage On$2.00+80.18%2022-01-28
Roth Capital
Top 4%
Strong BuyInitiates Coverage On$1.95+75.68%2022-01-24

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PED vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
PED$1.11$1.98+77.93%Strong Buy
USEG$2.40$4.00+66.67%Strong Buy

Pedevco Stock Forecast FAQ

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

The consensus among 2 Wall Street analysts covering (NYSEMKT: PED) stock is to Strong Buy PED stock.

Out of 2 analysts, 2 (100%) are recommending PED as a Strong Buy, 0 (0%) are recommending PED as a Buy, 0 (0%) are recommending PED as a Hold, 0 (0%) are recommending PED as a Sell, and 0 (0%) are recommending PED as a Strong Sell.

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

What is PED's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PED price target, the average PED price target is $1.98, with the highest PED stock price forecast at $2.00 and the lowest PED stock price forecast at $1.95.

On average, Wall Street analysts predict that Pedevco's share price could reach $1.98 by Jan 28, 2023. The average Pedevco stock price prediction forecasts a potential upside of 77.93% from the current PED share price of $1.11.
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