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

Pioneer Natural Resources (PXD) Stock Forecast & Price Target

Get the Latest News and Ratings for PXD and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Pioneer Natural Resources and its competitors.

PXD Analyst Ratings Over Time

Type	Current Forecast 10/4/23 to 10/3/24	1 Month Ago 9/4/23 to 9/3/24	3 Months Ago 7/6/23 to 7/5/24	1 Year Ago 10/4/22 to 10/4/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)	15 Buy rating(s)
Hold	12 Hold rating(s)	12 Hold rating(s)	15 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$266.55	$262.43	$264.10	$265.00
Forecasted Upside	-1.14% Downside	-2.67% Downside	-2.05% Downside	23.08% Upside
Consensus Rating	Hold	Reduce	Hold	Moderate Buy

The AI boom is just getting started. And the real wealth has still to be made…

You must read this new presentation from Porter Stansberry.

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.

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.

Pioneer Natural Resources Stock vs. The Competition

Type	Pioneer Natural Resources	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.00	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-1.14% Downside	176.77% Upside	7.77% Upside
News Sentiment Rating	Neutral News See Recent PXD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/23/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Hold ➝ Hold	$237.00 ➝ $275.00	-0.07%
4/22/2024	Susquehanna 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$246.00 ➝ $278.00	+2.84%
4/11/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Perform ➝ Sector Perform	$230.00 ➝ $282.00	+3.81%
4/11/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$279.00	+2.36%
4/5/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$238.00 ➝ $278.00	+1.91%
3/19/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$276.00 ➝ $290.00	+15.10%
Get the Latest News and Ratings for PXD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Pioneer Natural Resources and its competitors with MarketBeat's FREE daily newsletter.
12/14/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$269.00 ➝ $250.00	+9.00%
11/24/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Sell
10/24/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Strong-Buy ➝ Market Perform
10/19/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform	$280.00 ➝ $256.00	+0.30%
10/17/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$273.00 ➝ $246.00	-1.11%
10/16/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
10/12/2023	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Johnston Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$253.00	+3.99%
10/6/2023	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$245.00	+3.14%
10/2/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$230.00 ➝ $236.00	+5.23%
9/27/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$240.00 ➝ $250.00	+9.69%
9/20/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$234.00 ➝ $256.00	+9.43%
8/28/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$245.00 ➝ $265.00	+13.35%
8/16/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$251.00 ➝ $264.00	+12.98%
8/14/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$311.00 ➝ $332.00	+41.11%
8/10/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$227.00 ➝ $239.00	+0.90%
7/12/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
7/10/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$253.00 ➝ $243.00	+17.73%
4/21/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$217.00 ➝ $240.00	+6.77%
3/16/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$280.00 ➝ $275.00	+51.22%
2/27/2023	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
2/27/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
2/22/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
12/8/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$290.00 ➝ $260.00	+13.35%
10/28/2022	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$280.00 ➝ $285.00	+9.95%
10/28/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$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 Thursday at 10:03 PM ET.

Should I Buy Pioneer Natural Resources Stock? PXD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 30, 2024. Please send any questions or comments about these Pioneer Natural Resources pros and cons to contact@marketbeat.com.

Pioneer Natural Resources
Bull Case

Here are some ways that investors could benefit from investing in Pioneer Natural Resources:

Pioneer Natural Resources has shown consistent growth in its oil and gas exploration and production operations, indicating a strong potential for future profitability.
The company's focus on the Midland Basin in West Texas provides a strategic advantage in a region known for its rich oil and gas reserves.
Recent reports indicate that Pioneer Natural Resources' stock price has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation.
With a solid track record since its founding in 1997, Pioneer Natural Resources has established itself as a reputable player in the crude petroleum and natural gas industry.
The oil and gas exploration and production subindustry is essential for meeting global energy demands, positioning Pioneer Natural Resources in a sector with long-term growth prospects.

Pioneer Natural Resources
Bear Case

Investors should be bearish about investing in Pioneer Natural Resources for these reasons:

Volatility in oil and gas prices can significantly impact the company's revenue and profitability, making it susceptible to market fluctuations.
Regulatory changes in the oil and gas industry could lead to increased operational costs and compliance challenges for Pioneer Natural Resources.
Environmental concerns surrounding fossil fuel extraction may pose long-term risks to the company's operations and reputation, potentially affecting investor confidence.
Dependency on the Midland Basin for a significant portion of its operations exposes Pioneer Natural Resources to regional risks such as geological challenges or regulatory shifts specific to that area.
Investing in the oil and gas exploration and production sector comes with inherent risks related to geopolitical instability, supply-demand dynamics, and technological advancements impacting the industry.

PXD Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Pioneer Natural Resources is $266.55, with a high forecast of $290.00 and a low forecast of $245.00.
: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last twelve months. There is currently 1 sell rating, 12 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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.
: According to analysts, Pioneer Natural Resources's stock has a predicted downside of -1.14% based on their 12-month stock forecasts.
: 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.