PAM trades 52.6% below Wall Street's consensus target of $97.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes PAM achieves its forward estimates and maintains a stable P/E multiple of 6.1x. This scenario reflects the blended consensus of 8 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Pampa Energía S.A. (PAM) has a Wall Street consensus price target of $97.00, based on estimates from 8 covering analysts. With the stock currently trading at $63.58, this represents a potential upside of +52.6%. The company has a market capitalization of $3.46B.
Analyst price targets range from a low of $97.00 to a high of $97.00, representing a 0% spread in expectations. The median target of $97.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, PAM trades at a trailing P/E of 5.0x and forward P/E of 6.1x. The forward PEG ratio of 0.23 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -0.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $98.40, with bear and bull scenarios of $61.99 and $129.65 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 YPFYPF Sociedad Anónima | $15.2B | $38.66 | $56.67 | +46.6% | Buy | 0.0x | 15 |
 TGSTransportadora de Gas del Sur S.A. | $3.2B | $21.54 | — | — | Buy | 0.0x | 3 |
 CEPUCentral Puerto S.A. | $1.5B | $9.96 | $12.00 | +20.5% | Hold | 0.0x | 4 |
 GGALGrupo Financiero Galicia S.A. | $4.7B | $29.44 | $45.00 | +52.9% | Buy | 0.0x | 13 |
 LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima | $1.0B | $8.73 | $8.10 | -7.2% | Buy | 0.0x | 6 |
 AESThe AES Corporation | $10.6B | $14.87 | $18.75 | +26.1% | Hold | 6.5x | 21 |
 NRGNRG Energy, Inc. | $18.6B | $88.29 | $172.43 | +95.3% | Buy | 10.1x | 28 |
 VSTVistra Corp. | $42.1B | $124.80 | $197.94 | +58.6% | Buy | 14.5x | 25 |
 GENGen Digital Inc. | $17.8B | $29.79 | $28.33 | -4.9% | Buy | 11.7x | 21 |
 WECWEC Energy Group, Inc. | $37.7B | $115.87 | $114.58 | -1.1% | Hold | 20.6x | 35 |
Quick answers to the most common questions about buying PAM stock.
The consensus Wall Street price target for PAM is $97, representing 52.6% upside from the current price of $63.58. With 8 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
PAM has a consensus rating of "Buy" based on 8 Wall Street analysts. The rating breakdown is mixed, with 4 Hold ratings making up the largest segment. The consensus 12-month price target of $97 implies 52.6% upside from current levels.
With a forward P/E of 6.0861x, PAM trades at a relatively low valuation. The consensus target of $97 implies 52.6% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $97 for PAM, while the most conservative target is $97. The consensus of $97 represents the median expectation. Our quantitative valuation model projects a bull case target of $130 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PAM is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PAM stock forecast based on 8 Wall Street analysts shows a consensus price target of $97, with estimates ranging from $97 (bear case) to $97 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $98, with bear/bull scenarios of $62/$130.
Our quantitative valuation model calculates PAM's fair value at $98 (base case), with a bear case of $62 and bull case of $130. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
PAM trades at a forward P/E ratio of 6.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 5.0x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on PAM, with a "Buy" consensus rating and $97 price target (52.6% upside). 4 of 8 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
PAM analyst price targets range from $97 to $97, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $97 consensus represents the middle ground. Our model's $62-$130 range provides an independent fundamental perspective.
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.