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Home โบ Stocks โบ Pedevco Corp. (PED) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$0.64
-0.05 (-7.15%)10 Quality Stocks Worth Considering Now
Researching PEDEVCO (PED) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on PED and similar high-potential opportunities.
Based on our analysis of 7 Wall Street analysts, PED has a bullish consensus with a median price target of $1.83 (ranging from $1.50 to $2.15). Currently trading at $0.64, the median forecast implies a 186.9% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Jesse Sobelson at D. Boral Capital, suggesting a 135.8% upside.
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 |
---|---|---|---|---|---|
Apr 2, 2025 | D. Boral Capital | Jesse Sobelson | Buy | Maintains | $1.50 |
Mar 13, 2025 | D. Boral Capital | Jesse Sobelson | Buy | Maintains | $1.50 |
Nov 20, 2024 | D. Boral Capital | Jesse Sobelson | Buy | Maintains | $1.50 |
Jul 17, 2024 | Alliance Global Partners | James Molloy | Buy | Initiates | $1.75 |
May 16, 2024 | EF Hutton | Tim Moore | Buy | Maintains | $2.25 |
Sep 14, 2023 | EF Hutton | Ignacio Bernaldez | Buy | Reiterates | $2.50 |
Aug 15, 2023 | EF Hutton | Buy | Maintains | $0.00 | |
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 | Ignacio Bernaldez | Buy | Reiterates | $2.40 |
Mar 30, 2023 | EF Hutton | Ignacio Bernaldez | Buy | Reiterates | $2.40 |
Mar 23, 2023 | EF Hutton | Ignacio Bernaldez | Buy | Reiterates | $2.40 |
Dec 22, 2022 | EF Hutton | Ignacio Bernaldez | Buy | Assumes | $2.40 |
Jan 28, 2022 | EF Hutton | Ben Piggott | Buy | Initiates | $2.00 |
Jan 24, 2022 | Roth Capital | John White | Buy | Initiates | $1.95 |
Jul 18, 2014 | Roth Capital | Buy | Initiates | $0.00 |
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 $62.56M with a P/E ratio of 3.4x. The company generates $39.55M in trailing twelve-month revenue with a 45.0% profit margin.
Revenue growth is +56.9% quarter-over-quarter, while maintaining an operating margin of -5.2% and return on equity of +16.0%.
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Independent energy company focused on oil and gas.
The company acquires, explores, and develops oil and natural gas properties, primarily in the United States. It generates revenue through the extraction and sale of oil and gas, leveraging advanced technologies to optimize resource recovery and efficiency.
Pedevco Corp. operates in the Permian Basin in Texas, a leading oil-producing region, and emphasizes responsible environmental practices and regulatory compliance. Its efforts contribute to meeting domestic energy demands and enhancing energy supply stability in the U.S. market, while also focusing on sustainable growth and maximizing shareholder value.
Energy
Oil & Gas E&P
14
Mr. John Douglas Schick
United States
2003
Pedevco (PED) delivered earnings and revenue surprises of -100% and 4.11%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Epsilon Energy (EPSN) delivered earnings and revenue surprises of 28.57% and 38.03%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Evolution Petroleum (EPM) delivered earnings and revenue surprises of -50% and 0.99%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
PEDEVCO Corp. (NYSE: PED) reported Q1 2025 production of 1,707 BOEPD, up 15% from 1,478 BOEPD in Q1 2024, with 82% of production being liquids.
PEDEVCO's 15% production increase signals growth in operational efficiency and revenue potential, which could enhance investor confidence and impact stock performance.
Pedevco Corp. (PED) reported break-even earnings per share for the quarter, missing the Zacks Consensus Estimate of $0.02; earnings were $0.01 per share in the same quarter last year.
Pedevco's break-even earnings signal underperformance against expectations, potentially affecting investor confidence and stock valuation. Year-over-year stability may offer limited reassurance.
Zacks emphasizes its Rank system based on earnings estimates and revisions to identify promising stocks, while also monitoring value, growth, and momentum trends for strong investment picks.
The Zacks Rank system highlights stocks with favorable earnings estimates, helping investors identify potential high-performing stocks based on current market trends.
PEDEVCO Corp. reported a 29% increase in average daily production for 2024, reaching 1,835 BOEPD, with 73% from oil and 85% from liquids, according to their recent financial results.
PEDEVCO's 29% production increase signals strong operational growth, which may enhance revenue and profitability, attracting investor interest and potentially boosting stock performance.
PEDEVCO Corp. (NYSE American: PED) will participate in the 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, CA, with CEO J. Douglas Schick hosting investor meetings.
PEDEVCO's participation in the ROTH Conference signals potential for increased visibility and engagement with investors, possibly impacting stock performance and investor sentiment.
PEDEVCO Corp. (NYSE American: PED) reported the successful completion of four new horizontal San Andres wells in the Chaveroo Field, drilled on time and under budget.
PEDEVCO's successful drilling of new wells on time and under budget enhances operational efficiency, potentially increasing production and profitability, positively influencing investor sentiment.
Based on our analysis of 7 Wall Street analysts, Pedevco Corp. (PED) has a median price target of $1.83. The highest price target is $2.15 and the lowest is $1.50.
According to current analyst ratings, PED has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.64. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PED stock could reach $1.83 in the next 12 months. This represents a 186.9% increase from the current price of $0.64. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company acquires, explores, and develops oil and natural gas properties, primarily in the United States. It generates revenue through the extraction and sale of oil and gas, leveraging advanced technologies to optimize resource recovery and efficiency.
The highest price target for PED is $2.15 from at , which represents a 238.1% increase from the current price of $0.64.
The lowest price target for PED is $1.50 from Jesse Sobelson at D. Boral Capital, which represents a 135.8% increase from the current price of $0.64.
The overall analyst consensus for PED is bullish. Out of 7 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $1.83.
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.