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PBF Energy (PBF) Stock Forecast, Price Target & Predictions

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PBF Stock Forecast

PBF Energy stock forecast is as follows: an average price target of $33.33 (represents a 29.69% upside from PBF’s last price of $25.70) and a rating consensus of 'Buy', based on 24 wall street analysts offering a 1-year stock forecast.

PBF Price Target

The average price target for PBF Energy (PBF) is $33.33 based on 1-year price targets from 24 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $25.00. This represents a potential 29.69% upside from PBF's last price of $25.70.

PBF Analyst Ratings

Buy

According to 24 Wall Street analysts, PBF Energy's rating consensus is 'Buy'. The analyst rating breakdown for PBF stock is 0 'Strong Buy' (0.00%), 14 'Buy' (58.33%), 9 'Hold' (37.50%), 1 'Sell' (4.17%), and 0 'Strong Sell' (0.00%).

PBF Energy Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Nitin KumarMizuho Securities$33.00$28.3516.40%28.40%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$25.00$32.40-22.84%-2.72%
Oct 09, 2024Nitin KumarMizuho Securities$36.00$31.7213.49%40.08%
Sep 20, 2024Ryan ToddPiper Sandler$25.00$33.88-26.21%-2.72%
Sep 16, 2024Joe LaetschMorgan Stanley$38.00$32.6116.53%47.86%
Sep 14, 2024Manav GuptaUBS$34.00$32.614.26%32.30%
Jul 12, 2024Paul ChengScotiabank$45.00$40.7710.38%75.10%
Jun 20, 2024Nitin KumarMizuho Securities$54.00$43.0825.35%110.12%
Jun 14, 2024Ryan ToddPiper Sandler$47.00$44.954.56%82.88%
May 14, 2024Ryan ToddPiper Sandler$54.00$47.7013.21%110.12%
Apr 11, 2024Roger ReadWells Fargo$71.00$59.0720.20%176.26%
Apr 05, 2024Ryan ToddPiper Sandler$61.00$60.960.07%137.35%
Mar 22, 2024Nitin KumarMizuho Securities$58.00$56.293.04%125.68%
Oct 05, 2023Phillip JungwirthLoop Capital Markets$60.00$46.0030.43%133.46%
Jan 09, 2023J.P. Morgan$46.00$39.4116.74%78.99%
Jan 05, 2023Wells Fargo$50.00$37.7032.63%94.55%
Sep 15, 2022Sam MargolinWolfe Research$49.00$30.4361.03%90.66%
Jul 15, 2022Morgan Stanley$36.00$27.3931.43%40.08%
Jul 05, 2022Theresa ChenBarclays$27.00$30.66-11.94%5.06%
May 02, 2022Morgan Stanley$34.00$29.3615.82%32.30%
Apr 22, 2022Goldman Sachs$26.00$27.87-6.71%1.17%
Jan 25, 2022Ryan ToddPiper Sandler$21.00$16.9723.75%-18.29%
Oct 28, 2021Sam MargolinWolfe Research$15.00$15.27-1.77%-41.63%

The latest PBF Energy stock forecast, released on Nov 04, 2024 by Nitin Kumar from Mizuho Securities, set a price target of $33.00, which represents a 16.40% increase from the stock price at the time of the forecast ($28.35), and a 28.40% increase from PBF last price ($25.70).

PBF Energy Price Target by Period

1M3M12M
# Anlaysts-313
Avg Price Target-$31.33$44.69
Last Closing Price$25.70$25.70$25.70
Upside/Downside-100.00%21.91%73.89%

In the current month, the average price target of PBF Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PBF Energy's last price of $25.70. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 04, 2024BMO CapitalOutperformMarket PerformDowngrade
Sep 20, 2024Piper SandlerNeutralUnderweightDowngrade
Sep 16, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 14, 2024UBSNeutralNeutralHold
Jul 17, 2024Wolfe ResearchOutperformPeer PerformInitialise
Jul 12, 2024ScotiabankSector PerformSector PerformHold
Jun 14, 2024Piper SandlerNeutralNeutralHold
May 14, 2024Piper SandlerNeutralNeutralHold
May 03, 2024Cowen & Co.HoldHoldHold
Apr 05, 2024Piper SandlerNeutralNeutralHold
Mar 15, 2024Bank of America SecuritiesBuyUpgrade
Jan 08, 2024Piper SandlerOverweightNeutralDowngrade
Dec 07, 2023UBSNeutralNeutralHold
Oct 05, 2023BMO CapitalOutperformInitialise
Jan 05, 2023Wells FargoOverweightOverweightHold
Sep 23, 2022Piper SandlerOverweightOverweightHold
Sep 21, 2022Goldman SachsBuyUpgrade
Sep 15, 2022OppenheimerPerformInitialise
Sep 15, 2022StephensEqual-WeightInitialise
Sep 15, 2022JMP SecuritiesMarket OutperformInitialise
Sep 15, 2022Credit SuisseOutperformInitialise
Sep 15, 2022WedbushOutperformUpgrade
Sep 15, 2022Wolfe ResearchUnderperformOutperformUpgrade
Sep 15, 2022NeedhamUnderperformInitialise
Sep 15, 2022JefferiesHoldInitialise
Sep 15, 2022Atlantic EquitiesNeutralDowngrade
Sep 15, 2022BTIGNeutralInitialise
Sep 15, 2022MacquarieOutperformInitialise
Sep 15, 2022Cantor FitzgeraldOverweightInitialise
Sep 15, 2022UBSNeutralInitialise
Sep 15, 2022SusquehannaPositiveInitialise
Sep 15, 2022Janney MontgomeryBuyInitialise
Sep 15, 2022Canaccord GenuityBuyInitialise
Sep 15, 2022BarclaysUnderweightOverweightInitialise
Sep 15, 2022B. Riley SecuritiesBuyInitialise
Sep 15, 2022B. RileyBuyInitialise
Aug 09, 2022Cowen & Co.Market PerformMarket PerformHold
Jul 28, 2022Wolfe ResearchUnderperformUpgrade
Jul 15, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 05, 2022BarclaysUnderweightUnderweightHold
Jun 14, 2022Wells FargoOverweightUpgrade
May 24, 2022Piper SandlerOverweightOverweightHold
May 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 18, 2022ScotiabankSector PerformUpgrade
Jan 25, 2022Piper SandlerOverweightUpgrade

PBF Energy's last stock rating was published by BMO Capital on Oct 04, 2024. The company Downgrade its PBF rating from "Outperform" to "Market Perform".

PBF Energy Financial Forecast

PBF Energy Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$10.73B$9.16B$9.29B$10.85B$12.76B$14.08B$9.14B$8.24B$7.19B$6.90B$4.92B$3.66B$3.67B$2.52B$5.28B$6.30B$6.43B
Avg Forecast$8.51B$8.81B$8.66B$8.19B$7.48B$7.94B$7.78B$7.45B$7.69B$8.27B$8.64B$8.33B$8.85B$10.06B$8.93B$8.39B$9.60B$10.11B$10.97B$8.26B$7.19B$6.44B$6.15B$4.82B$3.79B$3.89B$2.89B$5.17B$5.93B$6.29B
High Forecast$10.67B$11.04B$10.86B$10.26B$9.38B$9.96B$9.75B$9.27B$9.66B$8.52B$8.64B$8.33B$10.69B$11.02B$11.20B$10.52B$12.04B$10.11B$10.97B$8.26B$7.19B$6.44B$6.15B$4.82B$3.79B$3.89B$2.89B$5.17B$5.93B$6.29B
Low Forecast$7.00B$7.24B$7.12B$6.73B$6.15B$6.53B$6.40B$6.08B$6.31B$8.03B$8.64B$8.33B$7.29B$8.81B$7.35B$6.90B$7.89B$10.11B$10.97B$8.26B$7.19B$6.44B$6.15B$4.82B$3.79B$3.89B$2.89B$5.17B$5.93B$6.29B
# Analysts3345452784548763222234566159988
Surprise %-------------1.07%1.03%1.11%1.13%1.26%1.28%1.11%1.15%1.12%1.12%1.02%0.96%0.94%0.87%1.02%1.06%1.02%

PBF Energy's average Quarter revenue forecast for Dec 23 based on 8 analysts is $8.85B, with a low forecast of $7.29B, and a high forecast of $10.69B. PBF's average Quarter revenue forecast represents a -17.52% decrease compared to the company's last Quarter revenue of $10.73B (Sep 23).

PBF Energy EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452784548763222234566159988
EBITDA-------------$1.16B$1.53B$515.10M$873.70M$1.54B$1.66B$244.00M$358.00M$281.70M$252.40M$152.30M$-33.30M$26.70M$723.90M$-1.27B$219.80M$244.10M
Avg Forecast$399.97M$413.89M$406.90M$384.66M$351.64M$373.13M$365.53M$349.90M$361.38M$388.60M$405.89M$100.49M$415.96M$472.59M$419.79M$107.47M$254.71M$198.46M$215.25M$114.95M$141.14M$126.40M$120.76M$153.46M$74.36M$76.40M$56.78M$-1.09B$116.43M$123.45M
High Forecast$501.51M$518.98M$510.21M$482.31M$440.91M$467.86M$458.34M$435.65M$454.12M$400.12M$405.89M$120.59M$502.46M$517.80M$526.37M$128.97M$305.65M$198.46M$215.25M$137.94M$141.14M$126.40M$120.76M$184.15M$74.36M$76.40M$56.78M$-868.30M$116.43M$123.45M
Low Forecast$328.86M$340.31M$334.56M$316.27M$289.13M$306.80M$300.55M$285.70M$296.37M$377.08M$405.89M$80.39M$342.58M$413.83M$345.17M$85.98M$203.77M$198.46M$215.25M$91.96M$141.14M$126.40M$120.76M$122.77M$74.36M$76.40M$56.78M$-1.30B$116.43M$123.45M
Surprise %-------------2.45%3.63%4.79%3.43%7.74%7.69%2.12%2.54%2.23%2.09%0.99%-0.45%0.35%12.75%1.17%1.89%1.98%

8 analysts predict PBF's average Quarter EBITDA for Dec 23 to be $415.96M, with a high of $502.46M and a low of $342.58M. This is -64.09% lower than PBF Energy's previous annual EBITDA (Sep 23) of $1.16B.

PBF Energy Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452784548763222234566159988
Net Income-------------$786.40M$1.02B$382.10M$637.80M$1.06B$1.20B$-3.30M$189.10M$59.10M$47.90M$-41.30M$-298.40M$-417.20M$389.10M$-1.07B$53.00M$69.50M
Avg Forecast$-46.45M$185.23M$169.15M$-34.84M$-99.72M$85.22M$67.61M$-108.85M$-228.02M$-163.27M$-18.68M$-12.06M$23.19M$562.19M$254.48M$-12.90M$117.61M$765.23M$925.20M$-13.80M$79.84M$1.57M$-172.25M$-41.61M$-409.23M$-318.58M$-352.96M$-912.16M$58.89M$68.91M
High Forecast$-35.72M$246.36M$224.97M$-26.78M$-76.67M$113.35M$89.93M$163.27M$135.54M$-125.54M$-14.36M$-9.65M$86.95M$585.52M$338.47M$-10.32M$141.13M$765.23M$925.20M$-11.04M$79.84M$1.57M$-172.25M$-33.29M$-409.23M$-318.58M$-352.96M$-729.73M$58.89M$68.91M
Low Forecast$-61.78M$142.42M$130.06M$-46.33M$-132.63M$65.53M$51.99M$-264.12M$-382.69M$-217.15M$-24.84M$-14.47M$-17.39M$536.53M$195.67M$-15.48M$94.09M$765.23M$925.20M$-16.56M$79.84M$1.57M$-172.25M$-49.94M$-409.23M$-318.58M$-352.96M$-1.09B$58.89M$68.91M
Surprise %-------------1.40%4.01%-29.62%5.42%1.38%1.30%0.24%2.37%37.63%-0.28%0.99%0.73%1.31%-1.10%1.17%0.90%1.01%

PBF Energy's average Quarter net income forecast for Dec 23 is $23.19M, with a range of $-17.39M to $86.95M. PBF's average Quarter net income forecast represents a -97.05% decrease compared to the company's last Quarter net income of $786.40M (Sep 23).

PBF Energy SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452784548763222234566159988
SG&A-------------$92.90M$104.20M$60.00M$93.80M$168.20M$153.20M$53.50M$80.40M$64.10M$55.00M$47.80M$61.50M$46.60M$57.90M$97.00M$118.90M$64.70M
Avg Forecast$96.30M$99.66M$97.97M$92.62M$84.67M$89.84M$88.01M$84.25M$87.01M$93.57M$97.73M$30.58M$100.15M$113.79M$101.08M$32.71M$57.20M$114.42M$124.10M$34.98M$81.37M$72.87M$69.62M$48.16M$42.87M$44.05M$32.74M$83.01M$67.12M$71.17M
High Forecast$120.75M$124.96M$122.85M$116.13M$106.16M$112.65M$110.36M$104.90M$109.34M$96.34M$97.73M$36.70M$120.98M$124.67M$126.74M$39.25M$68.64M$114.42M$124.10M$41.98M$81.37M$72.87M$69.62M$57.80M$42.87M$44.05M$32.74M$99.61M$67.12M$71.17M
Low Forecast$79.18M$81.94M$80.56M$76.15M$69.62M$73.87M$72.37M$68.79M$71.36M$90.79M$97.73M$24.46M$82.49M$99.64M$83.11M$26.17M$45.76M$114.42M$124.10M$27.98M$81.37M$72.87M$69.62M$38.53M$42.87M$44.05M$32.74M$66.41M$67.12M$71.17M
Surprise %-------------0.82%1.03%1.83%1.64%1.47%1.23%1.53%0.99%0.88%0.79%0.99%1.43%1.06%1.77%1.17%1.77%0.91%

PBF Energy's average Quarter SG&A projection for Dec 23 is $100.15M, based on 8 Wall Street analysts, with a range of $82.49M to $120.98M. The forecast indicates a 7.81% rise compared to PBF last annual SG&A of $92.90M (Sep 23).

PBF Energy EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452784548763222234566159988
EPS-------------$6.35$8.14$2.97$5.04$8.65$9.93$-0.03$1.57$0.49$0.40$-0.34$-2.49$-3.49$3.24$-8.93$0.44$0.58
Avg Forecast$-0.40$1.60$1.46$-0.30$-0.86$0.73$0.58$-0.94$-1.97$-1.41$-0.16$0.69$0.20$4.85$2.19$2.60$4.91$6.49$7.85$0.35$0.68$0.01$-1.46$-2.63$-3.47$-2.70$-2.99$-1.09$0.50$0.58
High Forecast$-0.31$2.12$1.94$-0.23$-0.66$0.98$0.78$1.41$1.17$-1.08$-0.12$0.69$0.75$5.05$2.92$3.45$6.53$6.49$7.85$0.35$0.68$0.01$-1.46$-2.63$-3.47$-2.70$-2.99$-1.09$0.50$0.58
Low Forecast$-0.53$1.23$1.12$-0.40$-1.14$0.57$0.45$-2.28$-3.30$-1.87$-0.21$0.69$-0.15$4.63$1.69$2.00$3.78$6.49$7.85$0.35$0.68$0.01$-1.46$-2.63$-3.47$-2.70$-2.99$-1.09$0.50$0.58
Surprise %-------------1.31%3.71%1.14%1.03%1.33%1.27%-0.08%2.32%36.79%-0.27%0.13%0.72%1.29%-1.08%8.21%0.88%0.99%

According to 8 Wall Street analysts, PBF Energy's projected average Quarter EPS for Dec 23 is $0.20, with a low estimate of $-0.15 and a high estimate of $0.75. This represents a -96.85% decrease compared to PBF previous annual EPS of $6.35 (Sep 23).

PBF Energy Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DINOHF Sinclair$34.40$51.6750.20%Buy
PARRPar Pacific$16.14$23.3344.55%Hold
MPCMarathon Petroleum$135.35$184.8836.59%Buy
PSXPhillips 66$111.58$150.0034.43%Buy
VLOValero Energy$118.95$157.0031.99%Buy
PBFPBF Energy$25.66$33.3329.89%Buy
SUNSunoco LP$51.99$64.0023.10%Buy
DKDelek US$16.66$20.5023.05%Hold
DKLDelek Logistics Partners, LP$41.09$43.676.28%Buy
CVICVR Energy$18.16$17.67-2.70%Buy

PBF Forecast FAQ

Is PBF Energy a good buy?

Yes, according to 24 Wall Street analysts, PBF Energy (PBF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 58.33% of PBF's total ratings.

What is PBF's price target?

PBF Energy (PBF) average price target is $33.33 with a range of $25 to $45, implying a 29.69% from its last price of $25.7. The data is based on 24 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will PBF Energy stock go up soon?

According to Wall Street analysts' prediction for PBF stock, the company can go up by 29.69% (from the last price of $25.7 to the average price target of $33.33), up by 75.10% based on the highest stock price target, and down by -2.72% based on the lowest stock price target.

Can PBF Energy stock reach $40?

PBF's highest twelve months analyst stock price target of $45 supports the claim that PBF Energy can reach $40 in the near future.

What are PBF Energy's analysts' financial forecasts?

PBF Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $30.65B (high $38.37B, low $25.16B), average EBITDA is $1.44B (high $1.8B, low $1.18B), average net income is $-55.728M (high $289.88M, low $-279M), average SG&A $346.77M (high $434.07M, low $284.64M), and average EPS is $-0.481 (high $2.5, low $-2.408). PBF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $34.17B (high $42.84B, low $28.09B), average EBITDA is $1.61B (high $2.01B, low $1.32B), average net income is $273.09M (high $408.84M, low $164.36M), average SG&A $386.55M (high $484.69M, low $317.83M), and average EPS is $2.36 (high $3.53, low $1.42).

Did the PBF's actual financial results beat the analysts' financial forecasts?

Based on PBF Energy's last annual report (Dec 2023), the company's revenue was $38.32B, beating the average analysts forecast of $36.24B by 5.77%. Apple's EBITDA was $3.36B, beating the average prediction of $1.42B by 137.35%. The company's net income was $2.14B, beating the average estimation of $826.95M by 158.84%. Apple's SG&A was $362.5M, beating the average forecast of $347.73M by 4.25%. Lastly, the company's EPS was $17.13, beating the average prediction of $9.84 by 74.09%. In terms of the last quarterly report (Sep 2023), PBF Energy's revenue was $10.73B, beating the average analysts' forecast of $10.06B by 6.72%. The company's EBITDA was $1.16B, beating the average prediction of $472.59M by 145.12%. PBF Energy's net income was $786.4M, beating the average estimation of $562.19M by 39.88%. The company's SG&A was $92.9M, missing the average forecast of $113.79M by -18.36%. Lastly, the company's EPS was $6.35, beating the average prediction of $4.85 by 30.96%