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Permian Resources (PR): analyst forecast and price target

$24.59 +4.15% close 16.10.26 · market cap $20.2B · Energy · Oil & Gas Exploration & Production
Price targets and ratings of

Analyst consensus

Strong Buy

19 Buy1 Hold0 Sell

Ratings of 20 analysts in the last 3 months

12-month forecast

$26.95+9.6% upside

Based on 20 price targets given in the last 3 months, the average target is $26.95, the highest $31.00, the lowest $14.00. The average is +9.6% from the last price of $24.59.

$20.00$30.00Jan 26AprJulOctJan 27AprJulOctHigh$31.00Average$26.95Low$14.00
Highest target $31.00 Average target $26.95 Lowest target $14.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $27.00 → $25.00−7.4% Buy +1.7% Assigned 15.10.26on TipRanks 08:40 −2.2%next day +5.3%
Scott Hanold★★★★★★★★★★#206 · hits 65% · avg +17.9% RBC Capital $27.00 Buy +9.8% Reiterated 14.10.26on TipRanks Oct 15 21:45 +0.3%next day −2.2%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $29.00 Buy +17.9% Initiated 14.10.26on TipRanks Oct 15 04:06 +0.3%next day −2.2%
Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% Wells Fargo $27.00 → $28.00+3.7% Buy +13.9% Assigned 14.10.26on TipRanks 06:50 +0.3%next day −2.2%
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan $28.00 → $31.00+10.7% Buy +26.1% Reiterated 12.10.26on TipRanks Oct 13 08:14 +1.7%next day +3.7%
Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% Truist Financial $24.00 → $28.00+16.7% Buy +13.9% Reiterated 12.10.26on TipRanks 07:50 +1.7%next day +3.7%
Paul Diamond CFA★★★★★★★★★★#5993 · hits 47% · avg +1.6% Citi $24.00 → $28.00+16.7% Buy +13.9% Reiterated 12.10.26on TipRanks 06:45 +1.7%next day +3.7%
Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% BMO Capital $28.00 Buy +13.9% Assigned 09.10.26on TipRanks 07:40 +0.2%next day +1.7% · 5 days +8.7%
Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% Goldman Sachs $27.00 Buy +9.8% Assigned 30.09.26on TipRanks Oct 1 05:50 −0.2%next day +3.7% · 5 days +3.1%
Gabriele Sorbara★★★★★★★★★★#1092 · hits 57% · avg +7.9% Siebert Williams Shank & Co $27.00 → $30.00+11.1% Buy +22.0% Reiterated 23.09.26on TipRanks 06:55 +2.6%next day +0.9% · 5 days −1.9%
Tim Rezvan★★★★★★★★★★#11862 · hits 40% · avg −4.8% KeyBanc $25.00 → $28.00+12.0% Buy +13.9% Reiterated 15.09.26on TipRanks 05:30 +3.5%next day −5.2% · 5 days −14.9%
Josh Silverstein★★★★★★★★★★#630 · hits 61% · avg +10.8% UBS $24.00 → $29.00+20.8% Buy +17.9% Assigned 15.09.26on TipRanks Sep 14 05:55 +0.4%next day +3.5% · 5 days −8.8%
David Deckelbaum★★★★★★★★★★#1693 · hits 49% · avg +10.0% TD Cowen $30.00 Buy +22.0% Initiated 10.09.26on TipRanks Sep 9 20:15 +0.9%next day −0.5% · 5 days −2.1%
Unknown Analyst Seaport Global $29.00 Buy +17.9% Initiated 02.09.26on TipRanks Sep 3 09:25 −0.3%next day −1.4% · 5 days +0.5%
John Freeman★★★★★★★★★★#38 · hits 68% · avg +30.1% Raymond James $26.00 → $29.00+11.5% Buy +17.9% Reiterated 27.08.26on TipRanks 08:35 +1.2%next day −1.8% · 5 days +2.1%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $25.00 Buy +1.7% Reiterated 11.08.26on TipRanks Aug 12 03:45 +1.4%next day −0.3% · 5 days +4.5%
Subash Chandra★★★★★★★★★★#1262 · hits 48% · avg +10.5% Benchmark Co. $14.00 Hold −43.1% Assigned 06.08.26on TipRanks 08:30 +2.6%next day −1.3% · 5 days +2.8%
Chris Baker★★★★★★★★★★#745 · hits 77% · avg +47.0% Evercore ISI $25.00 Buy +1.7% Reiterated 06.08.26on TipRanks 08:25 +2.6%next day −1.3% · 5 days +2.8%
Leo Mariani★★★★★★★★★★#39 · hits 70% · avg +27.8% Roth MKM $22.00 Buy −10.5% Assigned 06.08.26on TipRanks Aug 5 17:10 +2.6%next day −1.3% · 5 days +2.8%
Neal Dingmann★★★★★★★★★★#11544 · hits 41% · avg −2.5% William Blair — Buy — Reiterated 05.08.26on TipRanks 19:25 +2.6%next day −1.3% · 5 days +2.8%
William Janela★★★★★★★★★★#1847 · hits 50% · avg +9.5% Mizuho Securities $26.00 → $27.00+3.8% Buy +9.8% Reiterated 27.05.26on TipRanks 06:50 −1.5%next day −0.6% · 5 days +3.9%
Betty Zhang★★★★★★★★★★#2397 · hits 72% · avg +18.6% Scotiabank $25.00 Buy +1.7% Reiterated 07.05.26on TipRanks 09:45 −5.0%next day −2.6% · 5 days −1.7%
John Abbott★★★★★★★★★★#6954 · hits 49% · avg +1.3% Wolfe Research — Hold — Reiterated 06.05.26on TipRanks May 7 07:15 −6.7%next day −5.0% · 5 days −5.7%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Permian Resources

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Gabriele Sorbara★★★★★★★★★★Siebert Williams Shank & Co · #1092
Hits 57%278 of 489 Average return +7.9%
1 year Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%
2 years Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%

Most profitable

3 months Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%
1 year Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%
2 years Leo Mariani★★★★★★★★★★Roth MKM · #39
Hits 70%329 of 471 Average return +27.8%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $26.06 at a price of $21.12 (+23.4%); now: $26.95 at $24.59 (+9.6%).

$22.00$24.00$26.00Sep 15Oct 1Oct 15Top analysts$26.69Average target$26.95Price$24.59

PriceAverage targetTop analysts’ target

Recommendation trend

02040825Oct 25824Nov628Dec3281Jan 26281Feb414Mar425Apr418May245Jun253Jul301Aug331Sep321Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy412425303332
Hold853111
Sell000000

Earnings and sales forecast

Next report: 04.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.61 (from $0.42 to $0.67). Last quarter: $0.93.

Sales

Next quarter’s sales estimate — $1.8B (from $1.6B to $1.9B). Last quarter: $1.9B.

Best top-analyst consensus in the sector · Energy

NESRNational Energy Services ReunitedStrong Buy
SEISolaris Energy Infrastructure
TRGPTarga Resources
VNOMViper Energy
WMBWilliams Co
About Permian Resources
  • CEO: William Hickey
  • Employees: 515
  • 300 N. Marienfeld Street, Midland, TX, 79701, US
  • www.permianres.com

Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.

Data from the stock’s TipRanks forecast page, read 17 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗