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Pioneer Natural Resources (PXD) Stock Forecast, Price Target & Predictions

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PXD Stock Forecast

Pioneer Natural Resources stock forecast is as follows: an average price target of $254.09 (represents a -5.76% downside from PXD’s last price of $269.62) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

PXD Price Target

The average price target for Pioneer Natural Resources (PXD) is $254.09 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $347.00 to $196.00. This represents a potential -5.76% downside from PXD's last price of $269.62.

PXD Analyst Ratings

Buy

According to 11 Wall Street analysts, Pioneer Natural Resources's rating consensus is 'Buy'. The analyst rating breakdown for PXD stock is 1 'Strong Buy' (9.09%), 5 'Buy' (45.45%), 5 'Hold' (45.45%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Pioneer Natural Resources Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 11, 2024Paul ChengScotiabank$282.00$275.322.43%4.59%
Mar 19, 2024Nitin KumarMizuho Securities$290.00$254.3414.02%7.56%
Oct 09, 2023Roth MKM RatingsRoth Capital$245.00$238.262.83%-9.13%
Oct 06, 2023Roger ReadWells Fargo$239.00$214.9611.18%-11.36%
Aug 08, 2023John FreemanRaymond James$265.00$229.5115.46%-1.71%
Jul 10, 2023Roger ReadWells Fargo$227.00$206.0110.19%-15.81%
Apr 18, 2023Josh SilversteinUBS$238.00$228.484.17%-11.73%
Apr 10, 2023Bob BrackettBernstein$241.00$224.637.29%-10.61%
Feb 02, 2023Citigroup$232.00$221.844.58%-13.95%
Dec 07, 2022Barclays$277.00$226.6522.21%2.74%
Nov 17, 2022Piper Sandler$347.00$254.1136.56%28.70%
Sep 21, 2022Citigroup$257.00$231.7410.90%-4.68%
Aug 31, 2022Barclays$309.00$251.3122.95%14.61%
Aug 29, 2022Morgan Stanley$267.00$264.770.84%-0.97%
Aug 18, 2022Truist Financial$240.00$241.14-0.47%-10.99%
Aug 18, 2022Mizuho Securities$316.00$239.2032.11%17.20%
Aug 15, 2022William JanelaCredit Suisse$280.00$228.6222.48%3.85%
Aug 01, 2022Mark LearPiper Sandler$339.00$228.8448.14%25.73%
Jul 27, 2022Leo MarianiMKM Partners$264.00$223.2018.28%-2.08%
Jul 26, 2022Raymond James$315.00$221.5742.17%16.83%
Jul 19, 2022Morgan Stanley$274.00$213.5328.32%1.62%
Jul 19, 2022Truist Financial$247.00$212.0916.46%-8.39%
Jul 19, 2022Mizuho Securities$334.00$211.0958.23%23.88%
Jul 19, 2022Barclays$324.00$210.5553.88%20.17%
Jul 13, 2022Wells Fargo$284.00$210.3435.02%5.33%
Jul 11, 2022Wells Fargo$283.00$216.4730.73%4.96%
Jun 14, 2022Barclays$339.00$261.3729.70%25.73%
Jun 06, 2022Morgan Stanley$285.00$279.471.98%5.70%
May 31, 2022Mizuho Securities$342.00$280.0022.14%26.85%
May 25, 2022Barclays$302.00$278.228.55%12.01%
May 10, 2022Wells Fargo$289.00$244.3918.25%7.19%
Apr 25, 2022Raymond James$400.00$226.4776.62%48.36%
Apr 25, 2022Susquehanna$278.00$236.2417.68%3.11%
Apr 22, 2022Morgan Stanley$272.00$237.9114.33%0.88%
Feb 18, 2022Biju PerincherilSusquehanna$258.00$229.4712.43%-4.31%
Feb 18, 2022John GerdesMKM Partners$234.00$229.471.97%-13.21%
Feb 17, 2022Scott HanoldRBC Capital$275.00$226.2821.53%2.00%
Feb 17, 2022Menno HulshofTD Securities$250.00$226.2810.48%-7.28%
Feb 17, 2022Gabriele SorbaraSiebert Williams Shank & Co$275.00$226.2821.53%2.00%
Feb 17, 2022William JanelaCredit Suisse$240.00$226.286.06%-10.99%
Jan 25, 2022Devin McDermottMorgan Stanley$213.00$209.571.64%-21.00%
Jan 10, 2022Doug LeggateBank of America Securities$234.00$195.7919.52%-13.21%
Jan 03, 2022Scott GruberCitigroup$218.00$183.7618.63%-19.15%
Dec 14, 2021Josh SilversteinWolfe Research$209.00$173.9620.14%-22.48%
Nov 17, 2021Lloyd ByrneUBS$260.00$173.7049.68%-3.57%
Nov 04, 2021Stephen RichardsonEvercore ISI$210.00$179.0717.27%-22.11%
Oct 13, 2021David DeckelbaumCowen & Co.$210.00$183.8314.24%-22.11%
Sep 09, 2021Neil MehtaGoldman Sachs$196.00$144.3635.77%-27.31%
Jun 21, 2021Bob BrackettBernstein$202.00$152.6132.36%-25.08%

The latest Pioneer Natural Resources stock forecast, released on Apr 11, 2024 by Paul Cheng from Scotiabank, set a price target of $282.00, which represents a 2.43% increase from the stock price at the time of the forecast ($275.32), and a 4.59% increase from PXD last price ($269.62).

Pioneer Natural Resources Price Target by Period

1M3M12M
# Anlaysts126
Avg Price Target$282.00$286.00$258.00
Last Closing Price$269.62$269.62$269.62
Upside/Downside4.59%6.08%-4.31%

In the current month, the average price target of Pioneer Natural Resources stock is $282.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.59% increase as opposed to Pioneer Natural Resources's last price of $269.62. This month's average price target is down -1.40% compared to last quarter, and up 9.30% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Apr 22, 2024SusquehannaSector PerformSector PerformHold
Apr 22, 2024ScotiabankUnderperformUnderperformHold
Apr 17, 2024Wells FargoEqual-WeightEqual-WeightHold
Nov 06, 2023SusquehannaNeutralDowngrade
Oct 19, 2023Cowen & Co.Market PerformDowngrade
Oct 16, 2023BMO CapitalPerformDowngrade
Oct 06, 2023Wells FargoEqual-WeightEqual-WeightHold
Aug 08, 2023Raymond JamesStrong BuyStrong BuyHold
Jul 10, 2023BarclaysEqual-WeightEqual-WeightHold
Apr 10, 2023BernsteinOutperformOutperformHold
Apr 10, 2023Raymond JamesStrong BuyStrong BuyHold
Mar 21, 2023Wells FargoOverweightReduceUpgrade
Mar 16, 2023BarclaysOverweightOverweightHold
Feb 27, 2023Tudor PickeringHoldBuyUpgrade
Feb 02, 2023CitigroupNeutralNeutralHold
Dec 07, 2022BarclaysOverweightOverweightHold
Oct 12, 2022CitigroupBuyNeutralDowngrade
Oct 12, 2022Prescience PointBuyDowngrade
Sep 21, 2022CitigroupBuyBuyHold
Aug 29, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 19, 2022Tudor PickeringHoldDowngrade
Aug 03, 2022Credit SuisseOutperformOutperformHold
Jul 26, 2022Raymond JamesStrong BuyStrong BuyHold
Jul 22, 2022Piper SandlerOverweightOverweightHold
Jul 19, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 19, 2022BarclaysOverweightOverweightHold
Jul 11, 2022Wells FargoOverweightOverweightHold
Jun 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 25, 2022BarclaysOverweightOverweightHold
May 12, 2022Raymond JamesStrong BuyStrong BuyHold
May 10, 2022Wells FargoOverweightOverweightHold
Feb 24, 2022Raymond JamesStrong BuyStrong BuyHold
Feb 23, 2022Piper SandlerOverweightOverweightHold
Jan 25, 2022Morgan StanleyEqual-WeightEqual-WeightHold

Pioneer Natural Resources's last stock rating was published by Susquehanna on Apr 22, 2024. The company gave PXD a "Sector Perform" rating, the same as its previous rate.

Pioneer Natural Resources Financial Forecast

Pioneer Natural Resources 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-------------$1.73B$1.63B$4.60B$5.17B$6.06B$7.00B$6.15B$5.58B$4.96B$4.27B$3.06B$2.02B$1.86B$1.14B$2.01B$2.64B$2.41B
Avg Forecast$5.43B$5.40B$5.34B$5.38B$5.48B$5.48B$5.42B$5.41B$5.58B$5.50B$5.41B$5.13B$5.28B$5.17B$4.73B$4.89B$5.42B$6.45B$7.03B$5.83B$5.18B$4.55B$3.62B$2.72B$1.86B$1.54B$1.39B$1.79B$2.47B$2.39B
High Forecast$6.99B$6.95B$6.87B$6.92B$7.05B$7.06B$6.97B$6.97B$7.17B$7.08B$6.47B$6.23B$6.76B$6.53B$6.09B$6.29B$6.97B$8.30B$9.04B$7.69B$6.84B$6.01B$4.78B$3.60B$2.45B$2.03B$1.83B$2.37B$3.26B$3.15B
Low Forecast$4.49B$4.46B$4.41B$4.44B$4.53B$4.53B$4.48B$4.47B$4.61B$4.55B$4.93B$4.75B$4.03B$4.44B$3.91B$4.04B$4.47B$5.33B$5.81B$4.81B$4.27B$3.76B$2.99B$2.25B$1.53B$1.27B$1.14B$1.48B$2.04B$1.97B
# Analysts7447533554991111510644865561010101055
Surprise %-------------0.34%0.34%0.94%0.96%0.94%1.00%1.05%1.08%1.09%1.18%1.12%1.09%1.21%0.82%1.12%1.07%1.01%

Pioneer Natural Resources's average Quarter revenue forecast for Dec 23 based on 11 analysts is $5.28B, with a low forecast of $4.03B, and a high forecast of $6.76B. PXD's average Quarter revenue forecast represents a 204.47% increase compared to the company's last Quarter revenue of $1.73B (Sep 23).

Pioneer Natural Resources 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
# Analysts7447533554991111510644865561010101055
EBITDA-------------$1.66B$1.49B$2.31B$2.68B$3.13B$3.71B$3.31B$2.95B$2.59B$2.05B$1.31B$714.00M$518.00M$270.00M$436.00M$1.03B$860.00M
Avg Forecast$2.28B$2.26B$2.24B$2.25B$2.30B$2.30B$2.27B$2.27B$2.33B$2.30B$2.27B$2.95B$1.78B$3.11B$3.76B$2.69B$1.62B$2.46B$3.42B$2.87B$1.47B$1.94B$1.22B$336.66M$192.91M$23.76M$-548.29M$377.87M$381.14M$554.00M
High Forecast$2.93B$2.91B$2.88B$2.90B$2.95B$2.95B$2.92B$2.92B$3.00B$2.96B$2.71B$3.55B$2.14B$3.73B$4.51B$3.22B$1.94B$2.95B$4.10B$3.45B$1.77B$2.33B$1.46B$403.99M$231.49M$28.51M$-438.63M$453.45M$457.37M$664.80M
Low Forecast$1.88B$1.87B$1.85B$1.86B$1.90B$1.90B$1.87B$1.87B$1.93B$1.90B$2.06B$2.36B$1.42B$2.49B$3.01B$2.15B$1.29B$1.96B$2.74B$2.30B$1.18B$1.55B$975.79M$269.33M$154.33M$19.01M$-657.94M$302.30M$304.91M$443.20M
Surprise %-------------0.54%0.40%0.86%1.65%1.27%1.08%1.15%2.01%1.33%1.68%3.90%3.70%21.80%-0.49%1.15%2.69%1.55%

11 analysts predict PXD's average Quarter EBITDA for Dec 23 to be $1.78B, with a high of $2.14B and a low of $1.42B. This is 7.06% upper than Pioneer Natural Resources's previous annual EBITDA (Sep 23) of $1.66B.

Pioneer Natural Resources 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
# Analysts7447533554991111510644865561010101055
Net Income-------------$1.30B$1.10B$1.22B$1.48B$1.98B$2.37B$2.01B$763.00M$1.04B$380.00M$-70.00M$-30.00M$-20.00M$-439.00M$289.00M$344.00M$231.00M
Avg Forecast$1.49B$1.46B$1.43B$1.43B$1.44B$1.42B$1.37B$1.40B$1.39B$1.37B$1.31B$1.85B$802.41M$1.56B$2.42B$1.68B$729.47M$1.23B$2.20B$1.80B$663.15M$974.79M$390.15M$-54.55M$-15.56M$-26.40M$-476.63M$278.59M$301.41M$231.00M
High Forecast$2.05B$2.01B$1.96B$1.96B$1.97B$1.94B$1.89B$1.92B$1.90B$1.87B$1.48B$2.22B$962.89M$1.87B$2.91B$2.02B$875.36M$1.48B$2.64B$2.16B$795.78M$1.17B$468.18M$-43.64M$-12.45M$-21.12M$-381.30M$334.30M$361.69M$277.20M
Low Forecast$1.16B$1.13B$1.11B$1.11B$1.11B$1.10B$1.06B$1.08B$1.07B$1.06B$1.17B$1.48B$641.93M$1.25B$1.94B$1.34B$583.57M$986.49M$1.76B$1.44B$530.52M$779.83M$312.12M$-65.46M$-18.67M$-31.68M$-571.95M$222.87M$241.13M$184.80M
Surprise %-------------0.83%0.45%0.73%2.03%1.61%1.08%1.12%1.15%1.07%0.97%1.28%1.93%0.76%0.92%1.04%1.14%1.00%

Pioneer Natural Resources's average Quarter net income forecast for Dec 23 is $802.41M, with a range of $641.93M to $962.89M. PXD's average Quarter net income forecast represents a -38.32% decrease compared to the company's last Quarter net income of $1.30B (Sep 23).

Pioneer Natural Resources 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
# Analysts7447533554991111510644865561010101055
SG&A-------------$87.00M$88.00M$84.00M$83.00M$90.00M$88.00M$73.00M$93.00M$72.00M$75.00M$68.00M$69.00M$66.00M$62.00M$59.00M$85.00M$76.00M
Avg Forecast$132.69M$131.89M$130.40M$131.30M$133.88M$133.89M$132.29M$132.19M$136.15M$134.38M$132.12M$67.14M$97.80M$107.48M$89.93M$61.04M$88.91M$84.96M$81.76M$65.28M$80.83M$67.16M$77.00M$52.99M$35.78M$87.12M$67.31M$56.87M$74.48M$76.00M
High Forecast$170.72M$169.68M$167.77M$168.93M$172.24M$172.26M$170.20M$170.07M$175.17M$172.89M$157.92M$80.57M$117.36M$128.97M$107.92M$73.25M$106.70M$101.95M$98.11M$78.34M$97.00M$80.60M$92.40M$63.59M$42.94M$104.54M$80.78M$68.25M$89.37M$91.20M
Low Forecast$109.61M$108.94M$107.71M$108.46M$110.58M$110.60M$109.27M$109.19M$112.46M$111.00M$120.28M$53.71M$78.24M$85.98M$71.95M$48.83M$71.13M$67.97M$65.41M$52.23M$64.66M$53.73M$61.60M$42.39M$28.63M$69.70M$53.85M$45.50M$59.58M$60.80M
Surprise %-------------0.81%0.98%1.38%0.93%1.06%1.08%1.12%1.15%1.07%0.97%1.28%1.93%0.76%0.92%1.04%1.14%1.00%

Pioneer Natural Resources's average Quarter SG&A projection for Dec 23 is $97.80M, based on 11 Wall Street analysts, with a range of $78.24M to $117.36M. The forecast indicates a 12.42% rise compared to PXD last annual SG&A of $87.00M (Sep 23).

Pioneer Natural Resources 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
# Analysts7447533554991111510644865561010101055
EPS-------------$5.58$4.71$5.20$6.23$8.29$9.78$8.25$3.13$4.27$1.62$-0.33$0.26$-0.12$-2.66$1.74$2.06$1.38
Avg Forecast$6.23$6.09$5.95$5.96$5.99$5.90$5.72$5.82$5.78$5.69$5.47$5.00$5.35$5.58$4.15$4.86$5.75$7.25$8.82$7.22$3.99$3.86$2.55$1.42$0.69$0.20$-0.32$1.01$2.09$1.97
High Forecast$8.54$8.36$8.17$8.18$8.22$8.10$7.85$7.99$7.93$7.81$6.19$5.34$5.58$6.22$5.70$6.67$7.89$9.95$12.11$10.23$5.65$5.46$3.61$2.01$0.98$0.28$-0.25$1.43$2.96$2.79
Low Forecast$4.82$4.71$4.61$4.61$4.64$4.57$4.43$4.50$4.47$4.40$4.89$4.74$5.08$5.41$3.21$3.76$4.45$5.61$6.83$5.58$3.08$2.98$1.97$1.10$0.53$0.15$-0.46$0.78$1.61$1.52
Surprise %-------------1.00%1.13%1.07%1.08%1.14%1.11%1.14%0.78%1.11%0.64%-0.23%0.38%-0.61%8.27%1.72%0.99%0.70%

According to 11 Wall Street analysts, Pioneer Natural Resources's projected average Quarter EPS for Dec 23 is $5.35, with a low estimate of $5.08 and a high estimate of $5.58. This represents a -4.15% decrease compared to PXD previous annual EPS of $5.58 (Sep 23).

Pioneer Natural Resources Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVNDevon Energy$32.17$50.5056.98%Buy
OXYOccidental Petroleum$46.56$67.4344.82%Buy
COPConocoPhillips$98.26$142.0044.51%Buy
PRPermian Resources$13.97$20.0043.16%Buy
FANGDiamondback Energy$160.14$221.8238.52%Buy
APAAPA$21.05$28.0833.40%Buy
CTRACoterra Energy$24.52$32.5032.54%Buy
HESHess$134.41$169.0025.73%Hold
EOGEOG Resources$123.15$147.0019.37%Buy
EQTEQT$44.20$43.75-1.02%Buy

PXD Forecast FAQ

Is Pioneer Natural Resources a good buy?

Yes, according to 11 Wall Street analysts, Pioneer Natural Resources (PXD) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 54.55% of PXD's total ratings.

What is PXD's price target?

Pioneer Natural Resources (PXD) average price target is $254.09 with a range of $196 to $347, implying a -5.76% from its last price of $269.62. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Pioneer Natural Resources stock go up soon?

According to Wall Street analysts' prediction for PXD stock, the company can go down by -5.76% (from the last price of $269.62 to the average price target of $254.09), up by 28.70% based on the highest stock price target, and down by -27.31% based on the lowest stock price target.

Can Pioneer Natural Resources stock reach $400?

PXD's average twelve months analyst stock price target of $254.09 does not support the claim that Pioneer Natural Resources can reach $400 in the near future.

What is Pioneer Natural Resources's current price target trend?

1 Wall Street analyst forecast a $282 price target for Pioneer Natural Resources (PXD) this month, up 4.59% from its last price of $269.62. Compared to the last 3 and 12 months, the average price target increased by 6.08% and decreased by -4.31%, respectively.

What are Pioneer Natural Resources's analysts' financial forecasts?

Pioneer Natural Resources's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.8B (high $28.05B, low $18.01B), average EBITDA is $9.13B (high $11.74B, low $7.54B), average net income is $5.62B (high $7.72B, low $4.35B), average SG&A $532.24M (high $684.77M, low $439.65M), and average EPS is $23.43 (high $32.17, low $18.13). PXD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $21.56B (high $27.73B, low $17.81B), average EBITDA is $9.02B (high $11.61B, low $7.45B), average net income is $5.81B (high $7.98B, low $4.5B), average SG&A $526.28M (high $677.1M, low $434.72M), and average EPS is $24.23 (high $33.25, low $18.75).

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

Based on Pioneer Natural Resources's last annual report (Dec 2022), the company's revenue was $24.38B, which missed the average analysts forecast of $24.73B by -1.39%. Apple's EBITDA was $12.82B, beating the average prediction of $10.37B by 23.65%. The company's net income was $7.84B, beating the average estimation of $5.96B by 31.58%. Apple's SG&A was $334M, beating the average forecast of $320.91M by 4.08%. Lastly, the company's EPS was $32.61, beating the average prediction of $29.04 by 12.30%. In terms of the last quarterly report (Sep 2023), Pioneer Natural Resources's revenue was $1.73B, missing the average analysts' forecast of $5.17B by -66.46%. The company's EBITDA was $1.66B, missing the average prediction of $3.11B by -46.46%. Pioneer Natural Resources's net income was $1.3B, missing the average estimation of $1.56B by -16.60%. The company's SG&A was $87M, missing the average forecast of $107.48M by -19.05%. Lastly, the company's EPS was $5.58, beating the average prediction of $5.58 by 0.06%