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Pioneer Natural Resources (PXD) Stock Forecast & Price Target

Notice: This company has been marked as potentially delisted and may not be actively trading.

Pioneer Natural Resources - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 19 Wall Street analysts who have issued ratings for Pioneer Natural Resources in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 2 have given a sell rating, 14 have given a hold rating, and 3 have given a buy rating for PXD.

Consensus Price Target

$265.21
-1.64% Downside
High Forecast$332.00
Average Forecast$265.21
Low Forecast$236.00

According to the 19 analysts' twelve-month price targets for Pioneer Natural Resources, the average price target is $265.21. The highest price target for PXD is $332.00, while the lowest price target for PXD is $236.00. The average price target represents a forecasted downside of -1.64% from the current price of $269.62.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
14 Buy rating(s)
Hold
14 Hold rating(s)
15 Hold rating(s)
15 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$265.21$264.10$264.10$255.05
Forecasted Upside-1.64% Downside7.16% Upside7.16% Upside15.94% Upside
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PXD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PXD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Pioneer Natural Resources Stock vs. The Competition

TypePioneer Natural ResourcesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.05
2.56
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-1.64% Downside335.72% Upside9.55% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/23/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetHold ➝ Hold$237.00 ➝ $275.00-0.07%
4/22/2024Susquehanna
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$246.00 ➝ $278.00+2.84%
4/11/2024Scotiabank
5 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$230.00 ➝ $282.00+3.81%
4/11/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$279.00+2.36%
4/5/2024Truist Financial
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 Boost TargetHold ➝ Hold$238.00 ➝ $278.00+1.91%
3/19/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$276.00 ➝ $290.00+15.10%
12/14/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$269.00 ➝ $250.00+9.00%
11/24/2023Argus
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 DowngradeBuy ➝ Sell
10/24/2023Raymond James
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 Reiterated RatingStrong-Buy ➝ Market Perform
10/19/2023TD Cowen
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 Reiterated RatingOutperform ➝ Market Perform$280.00 ➝ $256.00+0.30%
10/17/2023Sanford C. Bernstein
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 DowngradeOutperform ➝ Market Perform$273.00 ➝ $246.00-1.11%
10/16/2023BMO Capital Markets
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 DowngradeOutperform ➝ Market Perform
10/12/2023Capital One Financial
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P. Johnston
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DowngradeOverweight ➝ Equal Weight$253.00+3.99%
10/6/2023Roth Mkm
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 Reiterated RatingBuy ➝ Buy$245.00+3.14%
10/2/2023Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$230.00 ➝ $236.00+5.23%
9/27/2023Bank of America
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 Boost Target$240.00 ➝ $250.00+9.69%
9/20/2023Citigroup
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 Boost Target$234.00 ➝ $256.00+9.43%
8/28/2023Jefferies Financial Group
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 Boost TargetHold ➝ Hold$245.00 ➝ $265.00+13.35%
8/16/2023JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$251.00 ➝ $264.00+12.98%
8/14/2023Piper Sandler
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 Boost TargetOverweight ➝ Overweight$311.00 ➝ $332.00+41.11%
8/10/2023Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$227.00 ➝ $239.00+0.90%
7/12/2023Benchmark
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 Initiated CoverageHold
7/10/2023Evercore ISI
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 Lower Target$253.00 ➝ $243.00+17.73%
4/21/2023The Goldman Sachs Group
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 Boost TargetBuy$217.00 ➝ $240.00+6.77%
3/16/2023Barclays
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 Lower TargetOverweight$280.00 ➝ $275.00+51.22%
2/27/2023Tudor Pickering
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 UpgradeHold ➝ Buy
2/27/2023Tudor, Pickering, Holt & Co.
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 UpgradeHold ➝ Buy
2/22/2023Roth Capital
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L. Mariani
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Reiterated RatingBuy
12/8/2022KeyCorp
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 Lower TargetOverweight$290.00 ➝ $260.00+13.35%
10/28/2022TD Securities
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 Boost TargetBuy$280.00 ➝ $285.00+9.95%
10/28/2022Credit Suisse Group
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 Boost TargetOutperform$285.00 ➝ $300.00+14.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:11 PM ET.

PXD Forecast - Frequently Asked Questions

What is Pioneer Natural Resources' forecast for 2024?

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Pioneer Natural Resources is $265.21, with a high forecast of $332.00 and a low forecast of $236.00.

Should I buy or sell Pioneer Natural Resources stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last twelve months. There are currently 2 sell ratings, 14 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PXD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PXD, but not buy additional shares or sell existing shares.

Does Pioneer Natural Resources's stock price have much upside?

According to analysts, Pioneer Natural Resources's stock has a predicted upside of 7.12% based on their 12-month stock forecasts.

Do Wall Street analysts like Pioneer Natural Resources more than its competitors?

Analysts like Pioneer Natural Resources less than other "oils/energy" companies. The consensus rating for Pioneer Natural Resources is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how PXD compares to other companies.


This page (NYSE:PXD) was last updated on 7/23/2024 by MarketBeat.com Staff

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