Plains All American Pipeline (PAA) Stock Forecast, Price Target & Predictions
PAA Stock Forecast
Plains All American Pipeline stock forecast is as follows: an average price target of $15.58 (represents a -12.03% downside from PAA’s last price of $17.71) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.
PAA Price Target
The average price target for Plains All American Pipeline (PAA) is $15.58 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $13.00. This represents a potential -12.03% downside from PAA's last price of $17.71.
PAA Analyst Ratings
According to 12 Wall Street analysts, Plains All American Pipeline's rating consensus is 'Hold'. The analyst rating breakdown for PAA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (41.67%), 6 'Hold' (50.00%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).
Plains All American Pipeline Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 02, 2024 | Manav Gupta | UBS | $22.00 | $18.03 | 22.02% | 24.22% |
| May 14, 2024 | Elvira Scotto | RBC Capital | $18.00 | $17.45 | 3.15% | 1.64% |
| Apr 12, 2024 | John Mackay | Goldman Sachs | $16.00 | $17.98 | -11.01% | -9.66% |
| Feb 07, 2023 | - | Bernstein | $14.50 | $12.62 | 14.90% | -18.13% |
| Dec 09, 2022 | - | Citigroup | $14.00 | $11.70 | 19.66% | -20.95% |
| Dec 02, 2022 | - | Truist Financial | $15.00 | $12.19 | 23.10% | -15.30% |
| Aug 14, 2022 | Selman Akyol | Stifel Nicolaus | $16.00 | $11.66 | 37.22% | -9.66% |
| May 12, 2022 | Spiro Dounis | Credit Suisse | $14.00 | $10.24 | 36.72% | -20.95% |
| Apr 28, 2022 | - | Wells Fargo | $16.00 | $10.39 | 53.95% | -9.66% |
| Apr 26, 2022 | - | Morgan Stanley | $15.00 | $10.54 | 42.38% | -15.30% |
The latest Plains All American Pipeline stock forecast, released on Jul 02, 2024 by Manav Gupta from UBS, set a price target of $22.00, which represents a 22.02% increase from the stock price at the time of the forecast ($18.03), and a 24.22% increase from PAA last price ($17.71).
Plains All American Pipeline Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $22.00 | $18.67 |
| Last Closing Price | $17.71 | $17.71 | $17.71 |
| Upside/Downside | -100.00% | 24.22% | 5.42% |
In the current month, the average price target of Plains All American Pipeline stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Plains All American Pipeline's last price of $17.71. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Sep 04, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| Jul 01, 2024 | UBS | Buy | Buy | Hold |
| Jun 10, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 14, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| May 06, 2024 | TD Securities | Hold | Hold | Hold |
| May 06, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 12, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Jul 20, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Feb 07, 2023 | Bernstein | - | Market Perform | Downgrade |
Plains All American Pipeline's last stock rating was published by RBC Capital on Sep 04, 2024. The company gave PAA a "Underperform" rating, the same as its previous rate.
Plains All American Pipeline Financial Forecast
Plains All American Pipeline Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.07B | $11.60B | $12.34B | $12.95B | $14.34B | - | $13.69B | $12.95B | $10.78B | $9.93B | $8.38B | $5.96B | $5.83B |
| Avg Forecast | $14.47B | $14.35B | $14.24B | $14.13B | $16.20B | $15.62B | $15.31B | $15.17B | $14.54B | $14.06B | $13.49B | $13.54B | $13.59B | $13.06B | $12.32B | $12.98B | $14.30B | $14.18B | $15.28B | $15.86B | $14.91B | $16.12B | $13.83B | $12.26B | $9.57B | $8.73B | $6.99B | $7.02B | $6.12B | $5.42B |
| High Forecast | $16.03B | $15.91B | $15.78B | $15.66B | $17.95B | $17.31B | $16.96B | $16.81B | $16.11B | $15.58B | $14.94B | $15.00B | $15.06B | $13.74B | $13.65B | $14.38B | $18.60B | $22.47B | $16.93B | $17.57B | $16.52B | $17.86B | $13.83B | $14.23B | $11.10B | $10.13B | $8.11B | $8.14B | $7.10B | $6.28B |
| Low Forecast | $13.09B | $12.99B | $12.89B | $12.79B | $14.66B | $14.14B | $13.85B | $13.72B | $13.15B | $12.72B | $12.20B | $12.25B | $12.30B | $12.25B | $11.15B | $11.74B | $10.01B | $9.58B | $13.83B | $14.35B | $13.49B | $14.58B | $13.83B | $11.49B | $8.96B | $8.18B | $6.55B | $6.57B | $5.74B | $5.07B |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 11 | 12 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.76% | 0.78% | 0.87% | 0.89% | - | 1.12% | 1.35% | 1.23% | 1.42% | 1.19% | 0.97% | 1.08% |
Plains All American Pipeline's average Quarter revenue forecast for Dec 23 based on 2 analysts is $14.30B, with a low forecast of $10.01B, and a high forecast of $18.60B. PAA's average Quarter revenue forecast represents a 18.47% increase compared to the company's last Quarter revenue of $12.07B (Sep 23).
Plains All American Pipeline EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 11 | 12 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $601.00M | $749.00M | $728.00M | $392.00M | $625.00M | - | $311.00M | $867.00M | $194.00M | $74.00M | $730.00M | $213.00M | $413.00M |
| Avg Forecast | $1.06B | $1.05B | $1.04B | $1.03B | $1.19B | $1.14B | $1.12B | $1.11B | $1.06B | $1.03B | $987.10M | $991.00M | $994.60M | $955.53M | $901.54M | $680.06M | $1.05B | $1.04B | $1.12B | $618.23M | $1.09B | $256.08M | $1.01B | $562.03M | $959.89M | $202.43M | $77.08M | $488.97M | $447.30M | $596.97M |
| High Forecast | $1.17B | $1.16B | $1.16B | $1.15B | $1.31B | $1.27B | $1.24B | $1.23B | $1.18B | $1.14B | $1.09B | $1.10B | $1.10B | $1.01B | $998.98M | $816.07M | $1.36B | $1.64B | $1.24B | $741.88M | $1.21B | $307.30M | $1.01B | $674.44M | $1.15B | $242.92M | $92.50M | $586.77M | $536.76M | $716.37M |
| Low Forecast | $958.04M | $950.68M | $943.37M | $936.11M | $1.07B | $1.03B | $1.01B | $1.00B | $962.66M | $931.21M | $893.24M | $896.77M | $900.02M | $896.24M | $815.81M | $544.05M | $732.26M | $700.83M | $1.01B | $494.59M | $987.35M | $204.86M | $1.01B | $449.63M | $767.91M | $161.95M | $61.67M | $391.18M | $357.84M | $477.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.67% | 1.18% | 0.36% | 2.44% | - | 0.55% | 0.90% | 0.96% | 0.96% | 1.49% | 0.48% | 0.69% |
2 analysts predict PAA's average Quarter EBITDA for Dec 23 to be $1.05B, with a high of $1.36B and a low of $732.26M. This is 74.15% upper than Plains All American Pipeline's previous annual EBITDA (Sep 23) of $601.00M.
Plains All American Pipeline Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 11 | 12 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $203.00M | $293.00M | $422.00M | $263.00M | $384.00M | - | $187.00M | $497.00M | $-59.00M | $-220.00M | $422.00M | $-28.00M | $143.00M |
| Avg Forecast | $303.25M | $206.51M | $202.17M | $238.48M | $343.10M | $247.75M | $223.48M | $284.49M | $320.18M | $241.76M | $242.57M | $294.43M | $275.08M | $209.79M | $220.37M | $233.34M | $253.41M | $174.11M | $142.65M | $212.13M | $258.96M | $-77.88M | $157.12M | $192.84M | $498.21M | $-61.57M | $-229.17M | $282.67M | $-58.80M | $206.70M |
| High Forecast | $345.86M | $235.53M | $230.57M | $271.99M | $391.31M | $282.57M | $254.88M | $324.46M | $365.16M | $275.72M | $276.66M | $335.79M | $313.73M | $277.46M | $251.34M | $280.01M | $273.96M | $274.55M | $162.69M | $254.55M | $295.35M | $-62.30M | $157.12M | $231.41M | $597.86M | $-49.25M | $-183.33M | $339.20M | $-47.04M | $248.04M |
| Low Forecast | $265.76M | $180.98M | $177.18M | $209.00M | $300.69M | $217.13M | $195.85M | $249.32M | $280.60M | $211.88M | $212.59M | $258.03M | $241.07M | $162.41M | $193.13M | $186.67M | $232.87M | $127.23M | $125.02M | $169.70M | $226.95M | $-93.46M | $157.12M | $154.28M | $398.57M | $-73.88M | $-275.00M | $226.13M | $-70.56M | $165.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 2.05% | 1.99% | 1.02% | -4.93% | - | 0.97% | 1.00% | 0.96% | 0.96% | 1.49% | 0.48% | 0.69% |
Plains All American Pipeline's average Quarter net income forecast for Dec 23 is $253.41M, with a range of $232.87M to $273.96M. PAA's average Quarter net income forecast represents a 24.83% increase compared to the company's last Quarter net income of $203.00M (Sep 23).
Plains All American Pipeline SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 11 | 12 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $92.00M | $85.00M | $86.00M | $82.00M | $83.00M | - | $82.00M | $87.00M | $67.00M | $72.00M | $67.00M | $70.00M | $61.00M |
| Avg Forecast | $116.45M | $115.55M | $114.67M | $113.78M | $130.43M | $125.76M | $123.21M | $122.09M | $117.01M | $113.19M | $108.57M | $109.00M | $109.40M | $105.10M | $99.16M | $102.32M | $115.12M | $114.18M | $123.01M | $93.02M | $120.01M | $88.44M | $111.34M | $84.56M | $96.32M | $69.91M | $75.00M | $44.88M | $147.00M | $88.17M |
| High Forecast | $129.04M | $128.04M | $127.06M | $126.08M | $144.53M | $139.35M | $136.52M | $135.29M | $129.66M | $125.42M | $120.31M | $120.78M | $121.22M | $110.62M | $109.88M | $122.78M | $149.70M | $180.88M | $136.31M | $111.62M | $132.98M | $106.13M | $111.34M | $101.47M | $115.59M | $83.90M | $90.00M | $53.85M | $176.40M | $105.81M |
| Low Forecast | $105.38M | $104.57M | $103.76M | $102.96M | $118.03M | $113.80M | $111.49M | $110.48M | $105.88M | $102.43M | $98.25M | $98.64M | $98.99M | $98.58M | $89.73M | $81.86M | $80.54M | $77.09M | $111.31M | $74.42M | $108.60M | $70.75M | $111.34M | $67.65M | $77.06M | $55.93M | $60.00M | $35.90M | $117.60M | $70.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.69% | 0.92% | 0.68% | 0.94% | - | 0.97% | 0.90% | 0.96% | 0.96% | 1.49% | 0.48% | 0.69% |
Plains All American Pipeline's average Quarter SG&A projection for Dec 23 is $115.12M, based on 2 Wall Street analysts, with a range of $80.54M to $149.70M. The forecast indicates a 25.13% rise compared to PAA last annual SG&A of $92.00M (Sep 23).
Plains All American Pipeline EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 11 | 12 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.20 | $0.32 | $0.52 | $0.30 | $0.48 | - | $0.19 | $0.70 | $-0.08 | $-0.37 | $0.51 | $-0.04 | $0.13 |
| Avg Forecast | $0.43 | $0.29 | $0.29 | $0.34 | $0.49 | $0.35 | $0.32 | $0.41 | $0.46 | $0.34 | $0.35 | $0.42 | $0.39 | $0.30 | $0.31 | $0.39 | $0.36 | $0.25 | $0.20 | $0.38 | $0.37 | $0.29 | $0.22 | $0.36 | $0.27 | $0.22 | $0.22 | $0.24 | $0.36 | $0.34 |
| High Forecast | $0.49 | $0.34 | $0.33 | $0.39 | $0.56 | $0.40 | $0.36 | $0.46 | $0.52 | $0.39 | $0.39 | $0.48 | $0.45 | $0.40 | $0.36 | $0.45 | $0.39 | $0.39 | $0.23 | $0.44 | $0.42 | $0.33 | $0.22 | $0.44 | $0.32 | $0.27 | $0.27 | $0.29 | $0.43 | $0.41 |
| Low Forecast | $0.38 | $0.26 | $0.25 | $0.30 | $0.43 | $0.31 | $0.28 | $0.36 | $0.40 | $0.30 | $0.30 | $0.37 | $0.34 | $0.23 | $0.28 | $0.34 | $0.33 | $0.18 | $0.18 | $0.34 | $0.32 | $0.26 | $0.22 | $0.33 | $0.25 | $0.20 | $0.21 | $0.22 | $0.33 | $0.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 1.57% | 1.36% | 0.81% | 1.64% | - | 0.52% | 2.60% | -0.37% | -1.65% | 2.14% | -0.11% | 0.39% |
According to 2 Wall Street analysts, Plains All American Pipeline's projected average Quarter EPS for Dec 23 is $0.36, with a low estimate of $0.33 and a high estimate of $0.39. This represents a 80.75% increase compared to PAA previous annual EPS of $0.20 (Sep 23).
Plains All American Pipeline Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EPD | Enterprise Products Partners | $29.62 | $30.50 | 2.97% | Buy |
| GEL | Genesis Energy | $13.00 | $13.00 | - | Hold |
| ET | Energy Transfer LP | $16.17 | $16.00 | -1.05% | Buy |
| WES | Western Midstream Partners, LP | $39.57 | $37.67 | -4.80% | Hold |
| HESM | Hess Midstream LP | $36.71 | $34.33 | -6.48% | Hold |
| PAA | Plains All American Pipeline | $17.71 | $15.58 | -12.03% | Hold |
| MPLX | MPLX LP | $43.78 | $38.30 | -12.52% | Buy |
| OKE | ONEOK | $91.37 | $76.15 | -16.66% | Buy |
PAA Forecast FAQ
Is Plains All American Pipeline a good buy?
No, according to 12 Wall Street analysts, Plains All American Pipeline (PAA) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 41.67% of PAA's total ratings.
What is PAA's price target?
Plains All American Pipeline (PAA) average price target is $15.58 with a range of $13 to $22, implying a -12.03% from its last price of $17.71. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Plains All American Pipeline stock go up soon?
According to Wall Street analysts' prediction for PAA stock, the company can go down by -12.03% (from the last price of $17.71 to the average price target of $15.58), up by 24.22% based on the highest stock price target, and down by -26.60% based on the lowest stock price target.
Can Plains All American Pipeline stock reach $30?
PAA's average twelve months analyst stock price target of $15.58 does not support the claim that Plains All American Pipeline can reach $30 in the near future.
What are Plains All American Pipeline's analysts' financial forecasts?
Plains All American Pipeline's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $62.3B (high $69.03B, low $56.37B), average EBITDA is $4.56B (high $5.05B, low $4.13B), average net income is $1.1B (high $1.25B, low $962.99M), average SG&A $501.49M (high $555.69M, low $453.81M), and average EPS is $1.57 (high $1.79, low $1.37). PAA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $57.2B (high $63.38B, low $51.76B), average EBITDA is $4.19B (high $4.64B, low $3.79B), average net income is $950.42M (high $1.08B, low $832.93M), average SG&A $460.45M (high $510.22M, low $416.67M), and average EPS is $1.36 (high $1.55, low $1.19).
Did the PAA's actual financial results beat the analysts' financial forecasts?
Based on Plains All American Pipeline's last annual report (Dec 2022), the company's revenue was $57.34B, beating the average analysts forecast of $57.12B by 0.39%. Apple's EBITDA was $1.74B, missing the average prediction of $2.92B by -40.27%. The company's net income was $1.04B, beating the average estimation of $531.05M by 95.27%. Apple's SG&A was $325M, missing the average forecast of $404.35M by -19.62%. Lastly, the company's EPS was $1.48, beating the average prediction of $1.25 by 18.48%. In terms of the last quarterly report (Sep 2023), Plains All American Pipeline's revenue was $12.07B, missing the average analysts' forecast of $14.18B by -14.89%. The company's EBITDA was $601M, missing the average prediction of $1.04B by -42.10%. Plains All American Pipeline's net income was $203M, beating the average estimation of $174.11M by 16.59%. The company's SG&A was $92M, missing the average forecast of $114.18M by -19.42%. Lastly, the company's EPS was $0.2, missing the average prediction of $0.248 by -19.47%