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Home โบ Stocks โบ PEDEVCO Corp (PED) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$13.36
-0.41 (-2.98%)Did PED Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if PEDEVCO is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, PED has a bullish consensus with a median price target of $18.00 (ranging from $18.00 to $18.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $13.36, the median forecast implies a 34.7% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PED.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 20, 2025 | D. Boral Capital | Buy | Maintains | $N/A | |
| Apr 2, 2025 | D. Boral Capital | Buy | Maintains | $N/A | |
| Mar 13, 2025 | D. Boral Capital | Buy | Maintains | $N/A | |
| Nov 20, 2024 | D. Boral Capital | Buy | Maintains | $N/A | |
| Jul 17, 2024 | Alliance Global Partners | Buy | Initiates | $N/A | |
| May 16, 2024 | EF Hutton | Buy | Maintains | $N/A | |
| Sep 14, 2023 | EF Hutton | Buy | Reiterates | $N/A | |
| Aug 15, 2023 | EF Hutton | Buy | Maintains | $N/A | |
| Jul 5, 2023 | EF Hutton | Ignacio Bernaldez | Buy | Assumes | $2.40 |
| May 25, 2023 | EF Hutton | Ignacio Bernaldez | Buy | Assumes | $2.40 |
| May 16, 2023 | EF Hutton | Buy | Reiterates | $N/A | |
| Mar 30, 2023 | EF Hutton | Buy | Reiterates | $N/A | |
| Mar 23, 2023 | EF Hutton | Buy | Reiterates | $N/A | |
| Dec 22, 2022 | EF Hutton | Ignacio Bernaldez | Buy | Assumes | $2.40 |
| Jan 28, 2022 | EF Hutton | Buy | Initiates | $N/A | |
| Jan 24, 2022 | Roth Capital | Buy | Initiates | $N/A | |
| Jul 18, 2014 | Roth Capital | Buy | Initiates | $N/A |
The following stocks are similar to PEDEVCO based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
PEDEVCO Corp has a market capitalization of $177.71M with a P/E ratio of 7.4x. The company generates $77.24M in trailing twelve-month revenue with a -46.8% profit margin.
Revenue growth is +360.4% quarter-over-quarter, while maintaining an operating margin of +16.7% and return on equity of -23.8%.
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Energy company focused on oil and gas assets.
PEDEVCO Corp operates by acquiring and developing oil and natural gas properties, engaging in upstream operations to explore and produce hydrocarbons. The company generates revenue by managing exploration activities and developing reserves, thereby contributing to the global energy supply chain.
As a publicly traded entity, PEDEVCO Corp participates in a capital-intensive sector, navigating commodity price fluctuations and regulatory challenges. Its strategic focus on high-growth properties aims to meet increasing energy demands worldwide.
Energy
Oil & Gas E&P
25
Mr. John Douglas Schick
United States
2003
Pedevco (NYSEAMERICAN: PED) reported Q1 2026 results surpassing expectations, driven by increased production from DJ Basin wells, resulting in significant revenue and Adjusted EBITDA growth year-over-year.
Pedevco's strong Q1 2026 results, surpassing expectations and driven by increased production, signal growth potential and improved financial health post-merger, which could enhance investor confidence.
PEDEVCO Corp. (PED) held its Q1 2026 earnings call, discussing financial performance and operational updates. Further details on earnings and future outlook were provided.
PEDEVCO's Q1 2026 earnings reveal financial health and operational performance, impacting stock valuation and future growth prospects in the energy sector.
Q1 2026 production surpassed expectations, driven by strong initial well performance. Adjusted EBITDA rose 404% compared to Q1 2025.
Strong production and a 404% increase in adjusted EBITDA indicate robust financial health and growth potential, signaling a positive outlook for future profitability and investment returns.
PEDEVCO Corp. (NYSE: PED) will participate in the LD Micro Invitational XVI Conference from May 17-19 in Los Angeles, showcasing its strategic oil and gas assets in the Rocky Mountain region.
PEDEVCO's participation in the LD Micro Invitational XVI Conference suggests potential for increased visibility and investor interest, which could influence stock performance and market perception.
PEDEVCO Corp. will hold a conference call on May 14, 2026, at 5:00 p.m. ET to discuss Q1 financial results for the period ending March 31, 2026.
The upcoming conference call will provide insight into PEDEVCO's Q1 financial performance, impacting investor sentiment and potential stock price movements in the energy sector.
Pedevco Corp. (PED) and Suncor Energy (SU) have been evaluated against their sector's performance year-to-date.
The performance comparison of Pedevco Corp. and Suncor Energy against their sector indicates their market competitiveness and potential investment opportunities or risks in the energy sector.
Based on our analysis of 2 Wall Street analysts, PEDEVCO Corp (PED) has a median price target of $18.00. The highest price target is $18.00 and the lowest is $18.00.
According to current analyst ratings, PED has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $13.36. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PED stock could reach $18.00 in the next 12 months. This represents a 34.7% increase from the current price of $13.36. Please note that this is a projection by Wall Street analysts and not a guarantee.
PEDEVCO Corp operates by acquiring and developing oil and natural gas properties, engaging in upstream operations to explore and produce hydrocarbons. The company generates revenue by managing exploration activities and developing reserves, thereby contributing to the global energy supply chain.
The highest price target for PED is $18.00 from at , which represents a 34.7% increase from the current price of $13.36.
The lowest price target for PED is $18.00 from at , which represents a 34.7% increase from the current price of $13.36.
The overall analyst consensus for PED is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $18.00.
Stock price projections, including those for PEDEVCO Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.