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 $15.77 (represents a -10.19% downside from PAA’s last price of $17.56) 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 $15.77 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 -10.19% downside from PAA's last price of $17.56.
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 |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Jean Ann Salisbury | Bank of America Securities | $18.00 | $17.47 | 3.03% | 2.51% |
| Jul 02, 2024 | Manav Gupta | UBS | $22.00 | $18.03 | 22.02% | 25.28% |
| May 14, 2024 | Elvira Scotto | RBC Capital | $18.00 | $17.45 | 3.15% | 2.51% |
| Apr 12, 2024 | John Mackay | Goldman Sachs | $16.00 | $17.98 | -11.01% | -8.88% |
| Feb 07, 2023 | - | Bernstein | $14.50 | $12.62 | 14.90% | -17.43% |
| Dec 09, 2022 | - | Citigroup | $14.00 | $11.70 | 19.66% | -20.27% |
| Dec 02, 2022 | - | Truist Financial | $15.00 | $12.19 | 23.10% | -14.58% |
| Aug 14, 2022 | Selman Akyol | Stifel Nicolaus | $16.00 | $11.66 | 37.22% | -8.88% |
| May 12, 2022 | Spiro Dounis | Credit Suisse | $14.00 | $10.24 | 36.72% | -20.27% |
| Apr 28, 2022 | - | Wells Fargo | $16.00 | $10.39 | 53.95% | -8.88% |
The latest Plains All American Pipeline stock forecast, released on Oct 17, 2024 by Jean Ann Salisbury from Bank of America Securities, set a price target of $18.00, which represents a 3.03% increase from the stock price at the time of the forecast ($17.47), and a 2.51% increase from PAA last price ($17.56).
Plains All American Pipeline Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $18.00 | $18.50 |
| Last Closing Price | $17.56 | $17.56 | $17.56 |
| Upside/Downside | -100.00% | 2.51% | 5.35% |
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 $17.56. 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 | Jun 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 | $16.36B | $13.69B | $12.95B | $10.78B | $9.93B | $8.38B | $5.96B | $5.83B |
| Avg Forecast | $14.09B | $13.98B | $13.87B | $13.77B | $15.69B | $15.23B | $14.77B | $14.63B | $14.14B | $13.74B | $13.28B | $13.31B | $13.21B | $13.09B | $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 | $14.38B | $14.27B | $14.16B | $14.05B | $16.01B | $15.55B | $15.08B | $14.93B | $14.43B | $14.02B | $13.55B | $13.57B | $13.49B | $13.22B | $12.32B | $12.98B | $18.60B | $22.47B | $15.60B | $16.19B | $15.22B | $16.12B | $13.83B | $12.26B | $9.57B | $8.73B | $6.99B | $7.02B | $6.12B | $5.42B |
| Low Forecast | $13.77B | $13.66B | $13.56B | $13.46B | $15.34B | $14.89B | $14.44B | $14.30B | $13.82B | $13.43B | $12.98B | $13.05B | $12.82B | $12.96B | $12.32B | $12.98B | $10.01B | $9.58B | $14.94B | $15.50B | $14.57B | $16.12B | $13.83B | $12.26B | $9.57B | $8.73B | $6.99B | $7.02B | $6.12B | $5.42B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.76% | 0.78% | 0.87% | 0.89% | 1.18% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $601.00M | $749.00M | $728.00M | $392.00M | $625.00M | $394.00M | $311.00M | $867.00M | $194.00M | $74.00M | $730.00M | $213.00M | $413.00M |
| Avg Forecast | $450.25M | $446.79M | $443.35M | $439.94M | $501.45M | $486.85M | $472.18M | $467.59M | $451.92M | $439.08M | $424.31M | $425.32M | $422.17M | $418.27M | $393.69M | $680.06M | $457.05M | $453.30M | $488.37M | $618.23M | $1.06B | $1.18B | $1.01B | $562.03M | $700.20M | $639.09M | $511.44M | $488.97M | $448.24M | $396.34M |
| High Forecast | $459.55M | $456.02M | $452.51M | $449.03M | $511.81M | $496.91M | $481.94M | $477.25M | $461.26M | $448.15M | $433.08M | $433.61M | $431.01M | $422.46M | $393.69M | $816.07M | $594.34M | $718.13M | $498.46M | $741.88M | $1.27B | $1.18B | $1.01B | $674.44M | $700.20M | $639.09M | $511.44M | $586.77M | $448.24M | $396.34M |
| Low Forecast | $440.11M | $436.73M | $433.37M | $430.04M | $490.16M | $475.89M | $461.55M | $457.07M | $441.75M | $429.19M | $414.76M | $417.03M | $409.72M | $414.08M | $393.69M | $544.05M | $319.76M | $306.04M | $477.38M | $494.59M | $844.71M | $1.18B | $1.01B | $449.63M | $700.20M | $639.09M | $511.44M | $391.18M | $448.24M | $396.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | 1.53% | 1.18% | 0.37% | 0.53% | 0.39% | 0.55% | 1.24% | 0.30% | 0.14% | 1.49% | 0.48% | 1.04% |
2 analysts predict PAA's average Quarter EBITDA for Dec 23 to be $457.05M, with a high of $594.34M and a low of $319.76M. This is -23.95% lower 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $203.00M | $293.00M | $422.00M | $263.00M | $384.00M | $203.00M | $187.00M | $497.00M | $-59.00M | $-220.00M | $422.00M | $-28.00M | $143.00M |
| Avg Forecast | $303.69M | $206.81M | $202.46M | $238.82M | $397.52M | $340.88M | $266.29M | $354.07M | $336.78M | $279.19M | $250.72M | $306.77M | $278.83M | $217.67M | $220.69M | $233.34M | $253.77M | $174.36M | $142.85M | $212.13M | $548.04M | $205.34M | $157.12M | $192.84M | $188.57M | $155.11M | $156.79M | $282.67M | $249.02M | $235.54M |
| High Forecast | $311.84M | $212.36M | $207.89M | $245.23M | $408.19M | $350.04M | $273.44M | $363.57M | $345.83M | $286.68M | $257.45M | $334.66M | $326.44M | $218.05M | $221.87M | $280.01M | $274.35M | $274.95M | $146.68M | $254.55M | $657.64M | $205.34M | $157.12M | $231.41M | $188.57M | $155.11M | $156.79M | $339.20M | $249.02M | $235.54M |
| Low Forecast | $294.80M | $200.76M | $196.53M | $231.83M | $385.89M | $330.91M | $258.50M | $343.71M | $326.93M | $271.01M | $243.38M | $250.99M | $210.82M | $217.29M | $219.51M | $186.67M | $233.20M | $127.41M | $138.67M | $169.70M | $438.43M | $205.34M | $157.12M | $154.28M | $188.57M | $155.11M | $156.79M | $226.13M | $249.02M | $235.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 2.05% | 1.99% | 0.48% | 1.87% | 1.29% | 0.97% | 2.64% | -0.38% | -1.40% | 1.49% | -0.11% | 0.61% |
Plains All American Pipeline's average Quarter net income forecast for Dec 23 is $253.77M, with a range of $233.20M to $274.35M. PAA's average Quarter net income forecast represents a 25.01% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $92.00M | $85.00M | $86.00M | $82.00M | $83.00M | $78.00M | $82.00M | $87.00M | $67.00M | $72.00M | $67.00M | $70.00M | $61.00M |
| Avg Forecast | $113.42M | $112.55M | $111.69M | $110.83M | $126.32M | $122.64M | $118.95M | $117.79M | $113.84M | $110.61M | $106.89M | $107.14M | $106.35M | $105.37M | $99.17M | $102.32M | $115.14M | $114.19M | $123.03M | $93.02M | $105.95M | $129.74M | $111.34M | $84.56M | $77.02M | $70.29M | $56.25M | $44.88M | $49.30M | $43.59M |
| High Forecast | $115.77M | $114.88M | $113.99M | $113.12M | $128.93M | $125.18M | $121.41M | $120.22M | $116.20M | $112.89M | $109.10M | $109.23M | $108.58M | $106.42M | $99.17M | $122.78M | $149.72M | $180.91M | $125.57M | $111.62M | $127.14M | $129.74M | $111.34M | $101.47M | $77.02M | $70.29M | $56.25M | $53.85M | $49.30M | $43.59M |
| Low Forecast | $110.87M | $110.02M | $109.17M | $108.33M | $123.48M | $119.88M | $116.27M | $115.14M | $111.28M | $108.12M | $104.48M | $105.06M | $103.21M | $104.31M | $99.17M | $81.86M | $80.55M | $77.09M | $120.26M | $74.42M | $84.76M | $129.74M | $111.34M | $67.65M | $77.02M | $70.29M | $56.25M | $35.90M | $49.30M | $43.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.69% | 0.92% | 0.77% | 0.64% | 0.70% | 0.97% | 1.13% | 0.95% | 1.28% | 1.49% | 1.42% | 1.40% |
Plains All American Pipeline's average Quarter SG&A projection for Dec 23 is $115.14M, based on 2 Wall Street analysts, with a range of $80.55M to $149.72M. The forecast indicates a 25.15% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.20 | $0.32 | $0.52 | $0.30 | $0.48 | $0.22 | $0.19 | $0.70 | $-0.08 | $-0.37 | $0.51 | $-0.04 | $0.13 |
| Avg Forecast | $0.43 | $0.29 | $0.29 | $0.34 | $0.57 | $0.49 | $0.38 | $0.50 | $0.48 | $0.40 | $0.36 | $0.44 | $0.40 | $0.31 | $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 | $0.44 | $0.30 | $0.30 | $0.35 | $0.58 | $0.50 | $0.39 | $0.52 | $0.49 | $0.41 | $0.37 | $0.48 | $0.47 | $0.31 | $0.32 | $0.40 | $0.39 | $0.39 | $0.21 | $0.39 | $0.38 | $0.29 | $0.22 | $0.36 | $0.27 | $0.22 | $0.22 | $0.24 | $0.36 | $0.34 |
| Low Forecast | $0.42 | $0.29 | $0.28 | $0.33 | $0.55 | $0.47 | $0.37 | $0.49 | $0.47 | $0.39 | $0.35 | $0.36 | $0.30 | $0.31 | $0.31 | $0.39 | $0.33 | $0.18 | $0.20 | $0.37 | $0.36 | $0.29 | $0.22 | $0.36 | $0.27 | $0.22 | $0.22 | $0.24 | $0.36 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 1.57% | 1.36% | 0.81% | 1.64% | 0.98% | 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 |
|---|---|---|---|---|---|
| GEL | Genesis Energy | $11.56 | $13.00 | 12.46% | Buy |
| WES | Western Midstream Partners, LP | $37.44 | $38.17 | 1.95% | Hold |
| EPD | Enterprise Products Partners | $31.79 | $31.36 | -1.35% | Buy |
| HESM | Hess Midstream LP | $36.07 | $34.33 | -4.82% | Hold |
| PAA | Plains All American Pipeline | $17.56 | $15.77 | -10.19% | Hold |
| ET | Energy Transfer LP | $18.28 | $16.40 | -10.28% | Buy |
| MPLX | MPLX LP | $47.58 | $39.09 | -17.84% | Buy |
| OKE | ONEOK | $113.16 | $83.14 | -26.53% | Buy |