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 $45.00 (represents a 37.99% upside from PBF’s last price of $32.61) 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 $45.00 based on 1-year price targets from 24 Wall Street analysts in the past 3 months, with a price target range of $71.00 to $26.00. This represents a potential 37.99% upside from PBF's last price of $32.61.

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%), 15 'Buy' (62.50%), 9 'Hold' (37.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

PBF Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 14, 2024Manav GuptaUBS$34.00$32.614.26%4.26%
Jul 12, 2024Paul ChengScotiabank$45.00$40.7710.38%37.99%
Jun 20, 2024Nitin KumarMizuho Securities$54.00$43.0825.35%65.59%
Jun 14, 2024Ryan ToddPiper Sandler$47.00$44.954.56%44.13%
May 14, 2024Ryan ToddPiper Sandler$54.00$47.7013.21%65.59%
Apr 11, 2024Roger ReadWells Fargo$71.00$59.0720.20%117.72%
Apr 05, 2024Ryan ToddPiper Sandler$61.00$60.960.07%87.06%
Mar 22, 2024Nitin KumarMizuho Securities$58.00$56.293.04%77.86%
Oct 05, 2023Phillip JungwirthLoop Capital Markets$60.00$46.0030.43%83.99%
Jan 09, 2023-J.P. Morgan$46.00$39.4116.74%41.06%
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The latest PBF Energy stock forecast, released on Sep 14, 2024 by Manav Gupta from UBS, set a price target of $34.00, which represents a 4.26% increase from the stock price at the time of the forecast ($32.61), and a 4.26% increase from PBF last price ($32.61).

PBF Energy Price Target by Period


1M3M12M
# Anlaysts139
Avg Price Target$34.00$44.33$53.78
Last Closing Price$32.61$32.61$32.61
Upside/Downside4.26%35.94%64.92%

In the current month, the average price target of PBF Energy stock is $34.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.26% increase as opposed to PBF Energy's last price of $32.61. This month's average price target is down -23.30% compared to last quarter, and down -36.78% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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 Securities-BuyUpgrade
Jan 08, 2024Piper SandlerOverweightNeutralDowngrade
Dec 07, 2023UBSNeutralNeutralHold
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PBF Energy's last stock rating was published by UBS on Sep 14, 2024. The company gave PBF a "Neutral" rating, the same as its previous rate.

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$10.73B$9.16B$9.29B$10.85B$12.76B-$9.14B$8.24B$7.19B$6.90B$4.92B$3.66B$3.67B$2.52B$5.28B$6.30B$6.43B
Avg Forecast$8.93B$9.22B$9.09B$8.55B$8.08B$8.40B$8.31B$7.87B$8.50B$8.75B$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$10.50B$10.84B$10.70B$10.06B$9.51B$9.88B$9.77B$9.26B$10.00B$9.90B$10.16B$9.80B$10.69B$11.02B$10.51B$9.87B$11.29B$11.90B$10.97B$10.83B$9.43B$8.44B$8.06B$6.31B$4.97B$5.10B$3.79B$6.77B$7.77B$8.24B
Low Forecast$7.72B$7.97B$7.86B$7.39B$6.99B$7.26B$7.18B$6.81B$7.35B$7.59B$7.47B$7.20B$7.29B$8.81B$7.72B$7.25B$8.30B$8.74B$10.97B$2.69B$2.34B$2.10B$2.00B$1.57B$1.23B$1.27B$942.33M$1.68B$1.93B$2.05B
# Analysts3345452237348763222345685510744
Surprise %-------------1.07%1.03%1.11%1.13%1.26%-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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237348763222345685510744
EBITDA-------------$1.16B$1.53B$515.10M$873.70M$1.54B-$244.00M$358.00M$281.70M$252.40M$152.30M$-33.30M$26.70M$723.90M$-1.27B$219.80M$244.10M
Avg Forecast$175.18M$180.89M$178.46M$167.80M$158.58M$164.82M$163.00M$154.52M$166.80M$171.63M$169.51M$100.49M$173.72M$197.37M$175.32M$107.47M$188.35M$21.72M$215.25M$114.95M$272.42M$126.40M$196.04M$153.46M$-21.84M$23.23M$672.89M$-1.09B$175.84M$232.48M
High Forecast$206.09M$212.82M$209.96M$197.42M$186.56M$193.90M$191.77M$181.79M$196.24M$194.35M$199.43M$120.59M$209.84M$216.25M$206.26M$128.97M$221.59M$26.07M$215.25M$137.94M$326.90M$165.64M$235.25M$184.15M$-17.47M$27.88M$807.46M$-868.30M$211.01M$278.97M
Low Forecast$151.44M$156.38M$154.28M$145.07M$137.09M$142.49M$140.91M$133.58M$144.20M$148.91M$146.54M$80.39M$143.07M$172.83M$151.56M$85.98M$162.83M$17.38M$215.25M$91.96M$217.93M$41.16M$156.83M$122.77M$-26.21M$18.58M$538.31M$-1.30B$140.67M$185.98M
Surprise %-------------5.87%8.70%4.79%4.64%70.75%-2.12%1.31%2.23%1.29%0.99%1.52%1.15%1.08%1.17%1.25%1.05%

8 analysts predict PBF's average Quarter EBITDA for Dec 23 to be $173.72M, with a high of $209.84M and a low of $143.07M. This is -85.00% 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237348763222345685510744
Net Income-------------$786.40M$1.02B$382.10M$637.80M$1.06B-$-3.30M$189.10M$59.10M$47.90M$-41.30M$-298.40M$-417.20M$389.10M$-1.07B$53.00M$69.50M
Avg Forecast$35.38M$190.28M$187.45M$43.53M$-4.15M$203.29M$200.61M$73.59M$-35.88M$76.05M$-18.99M$-12.06M$23.58M$571.69M$258.78M$-12.90M$579.16M$-339.40M$978.27M$-13.80M$125.78M$1.61M$37.20M$-41.61M$-195.69M$-363.00M$361.68M$-912.16M$42.40M$66.19M
High Forecast$43.50M$233.93M$230.46M$53.52M$-3.42M$249.93M$246.63M$90.47M$-29.56M$190.51M$-15.65M$-9.65M$88.42M$595.41M$318.14M$-10.32M$712.03M$-271.52M$978.27M$-11.04M$150.94M$2.26M$44.64M$-33.29M$-156.55M$-290.40M$434.02M$-729.73M$50.88M$79.43M
Low Forecast$29.15M$156.76M$154.43M$35.86M$-5.10M$167.48M$165.27M$60.63M$-44.11M$-32.02M$-23.35M$-14.47M$-17.68M$545.60M$213.19M$-15.48M$477.14M$-407.28M$978.27M$-16.56M$100.63M$198.85K$29.76M$-49.94M$-234.82M$-435.60M$289.34M$-1.09B$33.92M$52.95M
Surprise %-------------1.38%3.94%-29.62%1.10%-3.11%-0.24%1.50%36.67%1.29%0.99%1.52%1.15%1.08%1.17%1.25%1.05%

PBF Energy's average Quarter net income forecast for Dec 23 is $23.58M, with a range of $-17.68M to $88.42M. PBF's average Quarter net income forecast represents a -97.00% 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237348763222345685510744
SG&A-------------$92.90M$104.20M$60.00M$93.80M$168.20M-$53.50M$80.40M$64.10M$55.00M$47.80M$61.50M$46.60M$57.90M$97.00M$118.90M$64.70M
Avg Forecast$101.00M$104.29M$102.89M$96.74M$91.43M$95.02M$93.98M$89.09M$96.17M$98.95M$97.73M$30.58M$100.15M$113.79M$101.08M$32.71M$108.59M$37.91M$124.10M$34.98M$61.18M$72.87M$42.72M$48.16M$40.33M$40.55M$53.82M$83.01M$95.12M$61.62M
High Forecast$118.82M$122.70M$121.05M$113.82M$107.56M$111.79M$110.56M$104.81M$113.14M$112.05M$114.98M$36.70M$120.98M$124.67M$118.92M$39.25M$127.76M$45.49M$124.10M$41.98M$73.42M$95.50M$51.26M$57.80M$48.40M$48.65M$64.58M$99.61M$114.14M$73.94M
Low Forecast$87.31M$90.16M$88.95M$83.64M$79.04M$82.15M$81.24M$77.01M$83.14M$85.85M$84.49M$24.46M$82.49M$99.64M$87.38M$26.17M$93.88M$30.33M$124.10M$27.98M$48.94M$23.73M$34.17M$38.53M$32.26M$32.44M$43.06M$66.41M$76.10M$49.30M
Surprise %-------------0.82%1.03%1.83%0.86%4.44%-1.53%1.31%0.88%1.29%0.99%1.52%1.15%1.08%1.17%1.25%1.05%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237348763222345685510744
EPS-------------$6.35$8.14$2.97$5.04$8.65-$-0.03$1.57$0.49$0.40$-0.34$-2.49$-3.49$3.24$-8.93$0.44$0.58
Avg Forecast$0.30$1.61$1.59$0.37$-0.04$1.72$1.70$0.62$-0.30$0.64$-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$0.37$1.98$1.95$0.45$-0.03$2.12$2.09$0.77$-0.25$1.62$-0.13$0.85$0.75$5.05$2.70$3.19$6.04$7.98$7.85$0.50$0.95$0.02$-0.18$-0.33$-0.43$-0.33$-0.37$-0.13$0.70$0.82
Low Forecast$0.25$1.33$1.31$0.30$-0.04$1.42$1.40$0.51$-0.37$-0.27$-0.20$0.57$-0.15$4.63$1.81$2.14$4.05$5.35$7.85$0.04$0.08-$-2.05$-3.70$-4.87$-3.79$-4.20$-1.53$0.06$0.07
Surprise %-------------1.31%3.71%1.14%1.03%1.33%--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
PARRPar Pacific$18.70$29.0055.08%Buy
PBFPBF Energy$32.61$45.0037.99%Buy
DINOHF Sinclair$45.19$58.8830.29%Buy
DKDelek US$19.40$23.1419.28%Hold
VLOValero Energy$134.26$148.9210.92%Buy
SUNSunoco LP$53.50$54.602.06%Buy
CVICVR Energy$22.15$22.00-0.68%Buy
PSXPhillips 66$126.70$124.50-1.74%Buy
MPCMarathon Petroleum$163.58$158.80-2.92%Buy
DKLDelek Logistics Partners, LP$41.99$40.00-4.74%Buy

PBF Forecast FAQ


Yes, according to 24 Wall Street analysts, PBF Energy (PBF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 62.50% of PBF's total ratings.

PBF Energy (PBF) average price target is $45 with a range of $26 to $71, implying a 37.99% from its last price of $32.61. The data is based on 24 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PBF stock, the company can go up by 37.99% (from the last price of $32.61 to the average price target of $45), up by 117.72% based on the highest stock price target, and down by -20.27% based on the lowest stock price target.

PBF's highest twelve months analyst stock price target of $71 supports the claim that PBF Energy can reach $50 in the near future.

1 Wall Street analyst forecast a $34 price target for PBF Energy (PBF) this month, up 4.26% from its last price of $32.61. Compared to the last 3 and 12 months, the average price target increased by 35.94% and increased by 64.92%, respectively.

PBF Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $32.66B (high $38.42B, low $28.23B), average EBITDA is $640.92M (high $754.02M, low $554.07M), average net income is $473.34M (high $583.62M, low $388.28M), average SG&A $369.51M (high $434.72M, low $319.44M), and average EPS is $4.01 (high $4.95, low $3.29). PBF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $35.79B (high $42.11B, low $30.94B), average EBITDA is $702.34M (high $826.28M, low $607.17M), average net income is $456.64M (high $561.41M, low $376.2M), average SG&A $404.92M (high $476.38M, low $350.05M), and average EPS is $3.87 (high $4.76, low $3.19).

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 $653.88M by 413.93%. The company's net income was $2.14B, beating the average estimation of $841.14M by 154.48%. 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 $197.37M by 486.92%. PBF Energy's net income was $786.4M, beating the average estimation of $571.69M by 37.56%. 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%