Pershing Square (NYSE:PS) Price Target Raised to $45.00

Key Points

• Royal Bank of Canada raised its price target on Pershing Square from $44 to $45, maintaining a “sector perform” rating; the target implies 9.71% downside from the stock’s current price.
• Analyst sentiment is cautious overall: Pershing Square has a consensus “Reduce” rating and an average target of $42.67, with one Buy, seven Hold, and four Sell ratings.
• The company reported quarterly EPS of $0.12, missing the $0.13 consensus estimate, on revenue of $56.6 million.

Pershing Square (NYSE:PS - Get Free Report) had its price objective raised by Royal Bank Of Canada from $44.00 to $45.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a "sector perform" rating on the stock. Royal Bank Of Canada's price objective indicates a potential downside of 9.71% from the stock's current price.

PS has been the topic of a number of other reports. UBS Group increased their price objective on shares of Pershing Square from $39.00 to $44.00 and gave the stock a "neutral" rating in a research note on Friday, October 23rd. Weiss Ratings upgraded Pershing Square from a "sell (d)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. Bank of America cut Pershing Square from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $54.00 to $38.00 in a report on Tuesday, October 13th. Tigress Financial upped their price objective on Pershing Square from $39.00 to $41.00 and gave the stock a "neutral" rating in a research report on Thursday, September 3rd. Finally, Wall Street Zen lowered Pershing Square from a "hold" rating to a "sell" rating in a research note on Sunday, October 11th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Pershing Square currently has an average rating of "Reduce" and a consensus target price of $42.67.

Pershing Square Price Performance

NYSE:PS traded up $3.18 during trading hours on Wednesday, reaching $49.84. 207,600 shares of the company were exchanged, compared to its average volume of 405,149. The firm has a 50 day moving average of $46.66. Pershing Square has a 1-year low of $22.01 and a 1-year high of $60.40. The firm has a market capitalization of $19.94 billion and a P/E ratio of 356.00.

Pershing Square (NYSE:PS - Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). The business had revenue of $56.60 million during the quarter. On average, equities research analysts forecast that Pershing Square will post 0.54 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PS. Integrated Wealth Concepts LLC acquired a new position in shares of Pershing Square in the second quarter valued at approximately $132,000. NewEdge Advisors LLC acquired a new stake in Pershing Square during the 2nd quarter worth approximately $1,702,000. Readystate Asset Management LP acquired a new stake in Pershing Square during the 2nd quarter worth approximately $822,000. Proficio Capital Partners LLC bought a new stake in Pershing Square during the 2nd quarter worth approximately $1,459,000. Finally, Ancora Advisors LLC bought a new stake in Pershing Square during the 2nd quarter worth approximately $302,000.

Trending Headlines about Pershing Square

Here are the key news stories impacting Pershing Square this week:

• Positive Sentiment: Pershing Square’s Q3 fee-related earnings rose 13% year over year to $63.7 million, and pre-tax distributable earnings increased 8% to $61 million. Fee-paying assets under management also grew sequentially, supporting the firm’s recurring-revenue model. Pershing Square’s Q3 2026 Investor Letter
• Positive Sentiment: A long-term investor article highlights the company’s goal of earning 20% annual returns across a concentrated portfolio of 12–15 holdings. It also notes Howard Hughes’ acquisition of specialty insurer Vantage as part of a holding-company strategy, potentially adding a new avenue for growth. Pershing Square: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Bill Ackman’s firm argued that Wall Street may be underestimating the long-term growth potential of hyperscalers by focusing too heavily on AI infrastructure spending. This reflects Pershing Square’s investment view, though the impact depends on how those holdings perform. Ackman's Pershing Square says Wall Street estimates penalize hyperscalers for AI spending
• Negative Sentiment: Q3 after-tax distributable earnings fell 12% year over year to $49.5 million, or $0.12 per share, slightly below the cited $0.13 consensus estimate. Separately, commentary that PS may look overvalued as Ackman pursues an exit from housing finance raises concern about valuation and portfolio execution. Pershing Square (PS) Stock Could Look Overvalued As Ackman Presses Housing Finance Exit

Pershing Square Company Profile

Pershing Square Holdings, Ltd. is an investment holding company that seeks long-term capital appreciation through a concentrated portfolio of investments in publicly traded companies. The company is managed by Pershing Square Capital Management, L.P., an investment management firm that typically takes significant positions in a limited number of businesses and engages with their management teams and boards.

Pershing Square's investment approach emphasizes fundamental research, long-term ownership and active involvement with portfolio companies.

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