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PED Stock Forecast: PEDEVCO Corp Price Predictions for 2026

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$13.36

-0.41 (-2.98%)

PED Stock Forecast 2026-2027

$13.36
Current Price
$177.71M
Market Cap
1 Ratings
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to PED Price Targets

+34.7%
To High Target of $18.00
+34.7%
To Median Target of $18.00
+34.7%
To Low Target of $18.00

PED Price Momentum

+4.0%
1 Week Change
-9.5%
1 Month Change
+3.9%
1 Year Change
+19.3%
Year-to-Date Change
-29.3%
From 52W High of $18.89
+54.6%
From 52W Low of $8.64
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Latest PED Stock Price Targets & Analyst Predictions

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.

PED Analyst Ratings

1
Buy
0
Hold
0
Sell

PED Price Target Range

Low
$18.00
Average
$18.00
High
$18.00
Current: $13.36

Latest PED Stock Forecasts by Analyst

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

PEDEVCO Corp (PED) Competitors

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 (PED) Financial Data

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%.

Valuation Metrics

Market Cap $177.71M
Enterprise Value $273.63M
P/E Ratio 7.4x
PEG Ratio 0.0x
Price/Sales 2.4x

Growth & Margins

Revenue Growth (YoY) +360.4%
Gross Margin +28.4%
Operating Margin +16.7%
Net Margin -46.8%
EPS Growth +360.4%

Financial Health

Cash/Price Ratio +4.3%
Current Ratio 0.7x
Debt/Equity 53.9x
ROE -23.8%
ROA +1.2%
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PEDEVCO Corp logo

PEDEVCO Corp (PED) Business Model

About PEDEVCO Corp

What They Do

Energy company focused on oil and gas assets.

Business Model

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.

Additional Information

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.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

25

CEO

Mr. John Douglas Schick

Country

United States

IPO Year

2003

PEDEVCO Corp (PED) Latest News & Analysis

Latest News

PED stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: MarketBeat
Market Sentiment: Positive
PED stock latest news image
Quick Summary

PEDEVCO Corp. (PED) held its Q1 2026 earnings call, discussing financial performance and operational updates. Further details on earnings and future outlook were provided.

Why It Matters

PEDEVCO's Q1 2026 earnings reveal financial health and operational performance, impacting stock valuation and future growth prospects in the energy sector.

Source: Seeking Alpha
Market Sentiment: Neutral
PED stock latest news image
Quick Summary

Q1 2026 production surpassed expectations, driven by strong initial well performance. Adjusted EBITDA rose 404% compared to Q1 2025.

Why It Matters

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.

Source: GlobeNewsWire
Market Sentiment: Neutral
PED stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: GlobeNewsWire
Market Sentiment: Neutral
PED stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: GlobeNewsWire
Market Sentiment: Neutral
PED stock latest news image
Quick Summary

Pedevco Corp. (PED) and Suncor Energy (SU) have been evaluated against their sector's performance year-to-date.

Why It Matters

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.

Source: Zacks Investment Research
Market Sentiment: Negative

Frequently Asked Questions About PED Stock

What is PEDEVCO Corp's (PED) stock forecast for 2026?

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.

Is PED stock a good investment in 2026?

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.

What is the long-term price prediction for PED stock?

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.

What is PEDEVCO Corp's business model?

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.

What is the highest forecasted price for PED PEDEVCO Corp?

The highest price target for PED is $18.00 from at , which represents a 34.7% increase from the current price of $13.36.

What is the lowest forecasted price for PED PEDEVCO Corp?

The lowest price target for PED is $18.00 from at , which represents a 34.7% increase from the current price of $13.36.

What is the overall PED consensus from analysts for PEDEVCO Corp?

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.

How accurate are PED stock price projections?

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.

Important Disclaimer

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.

Last updated: June 6, 2026 9:55 AM UTC
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