PBF Energy Inc. (PBF)
NYSE: PBF · IEX Real-Time Price · USD
46.33
+1.74 (3.90%)
May 31, 2024, 4:00 PM EDT - Market closed
PBF Energy Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for PBF Energy stock have an average target of 58.5, with a low estimate of 49 and a high estimate of 74. The average target predicts an increase of 26.27% from the current stock price of 46.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PBF Energy stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 6 | 6 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $61 → $54 | Hold | Maintains | $61 → $54 | +16.56% | May 14, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $39 → $56 | Hold | Maintains | $39 → $56 | +20.87% | Apr 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $65 → $71 | Buy | Maintains | $65 → $71 | +53.25% | Apr 11, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $50 → $61 | Hold | Maintains | $50 → $61 | +31.66% | Apr 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $54 → $59 | Buy | Maintains | $54 → $59 | +27.35% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
36.58B
from 38.32B
Decreased by -4.55%
Revenue Next Year
35.06B
from 36.58B
Decreased by -4.16%
EPS This Year
6.93
from 16.52
Decreased by -58.07%
EPS Next Year
5.33
from 6.93
Decreased by -23.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.1B | 40.1B | 38.9B |
| Avg | 36.6B | 35.1B | 32.2B |
| Low | 31.3B | 28.3B | 25.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.9% | 9.7% | 10.9% |
| Avg | -4.6% | -4.2% | -8.2% |
| Low | -18.4% | -22.7% | -26.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.14 | 8.74 | 7.30 | 1.26 | 1.47 |
| Avg | 6.93 | 5.33 | 4.56 | 1.21 | 1.41 |
| Low | 4.72 | 2.94 | 2.11 | 1.18 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -44.7% | 26.1% | 37.0% | -72.4% | 21.3% |
| Avg | -58.1% | -23.1% | -14.4% | -73.4% | 16.7% |
| Low | -71.4% | -57.6% | -60.5% | -74.2% | 13.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.