PIONEER NATURAL RESOURCES CO (PXD) Forecast, Price Target & Analyst Ratings

NYSE:PXD • US7237871071

Current stock price

269.62 USD
+1.96 (+0.73%)
At close:
269.82 USD
+0.2 (+0.07%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PIONEER NATURAL RESOURCES CO (PXD).

Forecast Snapshot

Consensus Price Target

Price Target
$280.31
+ 3.96% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 30, 2024
Period
Q1 / 2024
EPS Estimate
$4.96
Revenue Estimate
4.229B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
64.83%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$280.31
Upside
+ 3.96%
From current price of $269.62 to mean target of $280.31, Based on 29 analyst forecasts
Low
$245.43
Median
$282.54
High
$321.30

Price Target Revisions

1 Month
7.73%
3 Months
8.47%

Price Target Summary

29 Wall Street analysts provided a forecast for the next 12 months for PXD. The average price target is 280.31 USD. This implies a price increase of 3.96% is expected in the next year compared to the current price of 269.62.
The average price target has been revised upward by 8.47% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PXD Current Analyst RatingPXD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

PXD Historical Analyst RatingsPXD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
64.83%
PXD was analyzed by 29 analysts. The buy percentage consensus is at 65. So analysts seem to be rather neutral about PXD.
In the previous month the buy percentage consensus was at a similar level.
PXD was analyzed by 29 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-04-23StifelMaintains Hold -> Hold
2024-04-22SusquehannaMaintains Neutral -> Neutral
2024-04-11ScotiaBankMaintains Sector Perform -> Sector Perform
2024-04-11RBC CapitalReiterate Sector Perform -> Sector Perform
2024-04-05Truist SecuritiesMaintains Hold -> Hold
2024-03-19MizuhoMaintains Neutral -> Neutral
2024-03-04SusquehannaMaintains Neutral -> Neutral
2024-02-26MizuhoMaintains Neutral -> Neutral
2024-01-26SusquehannaMaintains Neutral -> Neutral
2024-01-23StifelMaintains Hold -> Hold
2024-01-03MizuhoMaintains Buy -> Buy
2023-12-14UBSMaintains Neutral -> Neutral
2023-11-24Argus ResearchDowngrade Buy -> Sell
2023-11-20StifelMaintains Hold -> Hold
2023-11-17Truist SecuritiesMaintains Hold -> Hold
2023-11-15MizuhoDowngrade Buy -> Neutral
2023-11-06SusquehannaDowngrade Positive -> Neutral
2023-10-24Raymond JamesDowngrade Strong Buy -> Market Perform
2023-10-23StifelDowngrade Buy -> Hold
2023-10-19TD CowenDowngrade Outperform -> Market Perform
2023-10-17BernsteinDowngrade Outperform -> Market Perform
2023-10-16BMO CapitalDowngrade Outperform -> Market Perform
2023-10-12Capital OneDowngrade Overweight -> Equal-Weight
2023-10-06Roth MKMReiterate Buy -> Buy
2023-10-02Morgan StanleyMaintains Underweight -> Underweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 30, 2024
Period
Q1 / 2024
EPS Estimate
$4.96
Revenue Estimate
4.229B
Revenue Q2Q
33.58%
EPS Q2Q
-4.71%
Number of Analysts
24

Next Earnings Revisions

Revenue (1 Month)
2.65%
Revenue (3 Months)
1.37%
EPS (1 Month)
3.81%
EPS (3 Months)
-9.66%

Next Earnings Summary

PXD is expected to report earnings on 7/30/2024. The consensus EPS estimate for the next earnings is 4.96 USD and the consensus revenue estimate is 4.23B USD.
The next earnings revenue estimate has been revised upward by 1.37% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
PXD revenue by date.PXD revenue by date.
17.87B
154.41%		24.384B
36.45%		19.374B
-20.55%		17.98B
-7.20%		19.419B
8.00%		18.767B
-3.36%		N/AN/AN/AN/A
EBITDA
YoY % growth
PXD ebitda by date.PXD ebitda by date.
9.02B
333.24%		12.823B
42.16%		9.368B
-26.94%		10.027B
7.03%		10.679B
6.50%		10.662B
-0.16%		11.053B
3.67%		12.532B
13.38%		N/AN/A
EBIT
YoY % growth
PXD ebit by date.PXD ebit by date.
6.522B
1,372.23%		10.293B
57.82%		6.506B
-36.79%		6.881B
5.76%		7.409B
7.67%		6.996B
-5.57%		5.833B
-16.62%		5.994B
2.76%		6.072B
1.30%		6.438B
6.03%
Operating Margin
PXD operating margin by date.PXD operating margin by date.
36.50%42.21%33.58%38.27%38.15%37.28%N/AN/AN/AN/A
EPS
YoY % growth
PXD eps by date.PXD eps by date.
13.03
529.47%		30.49
134.00%		20.79
-31.81%		20.61
-0.89%		22.04
6.94%		21.34
-3.14%		20.39
-4.47%		22.80
11.82%		20.50
-10.07%		21.82
6.40%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		4.96
-4.71%		5.29
17.71%		5.21
-10.72%		5.43
3.20%		5.32
7.07%		5.32
0.59%		5.42
4.14%		5.48
0.87%		5.88
10.70%		6.00
12.93%		6.13
13.16%		6.24
13.92%
Revenue
Q2Q % growth		4.229B
33.58%		4.35B
46.12%		4.335B
25.29%		4.469B
31.98%		4.344B
2.72%		4.352B
0.05%		4.437B
2.35%		4.501B
0.72%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		2.383B
1.97%		2.471B
-11.59%		2.446B
-38.28%		2.519B
-43.09%		2.46B
3.23%		2.448B
-0.93%		2.511B
2.66%		2.563B
1.75%		2.4B
-2.44%		2.467B
0.78%		2.546B
1.39%		2.581B
0.70%
EBIT
Q2Q % growth		1.568B
-6.28%		1.628B
13.37%		1.687B
-10.07%		1.787B
14.26%		1.645B
4.91%		1.617B
-0.68%		1.658B
-1.72%		1.698B
-4.98%		N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PXD Yearly Revenue VS EstimatesPXD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5B 10B 15B 20B
PXD Yearly EPS VS EstimatesPXD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 10 20 30

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
0.88%
EPS Next 5 Year
1.86%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.04%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.67%
EBIT Next 5 Year
13.30%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PIONEER NATURAL RESOURCES CO / PXD Forecast FAQ

What is the price target for PXD stock?

29 analysts have analysed PXD and the average price target is 280.31 USD. This implies a price increase of 3.96% is expected in the next year compared to the current price of 269.62.

When does PIONEER NATURAL RESOURCES CO (PXD) report earnings?

PIONEER NATURAL RESOURCES CO (PXD) will report earnings on 2024-07-30, after the market close.

What are the consensus estimates for PXD stock next earnings?

The consensus EPS estimate for the next earnings of PIONEER NATURAL RESOURCES CO (PXD) is 4.96 USD and the consensus revenue estimate is 4.23B USD.

Can you provide the expected long term growth rate for PIONEER NATURAL RESOURCES CO stock?

The expected long term growth rate for PIONEER NATURAL RESOURCES CO (PXD) is 5.04%.