Pembina Pipeline Corporation (PBA) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$44.94
Price Target
$38.76
Target Range
$28.65 — $54.00
Analyst Rating
Buy
Forward P/E15.1x
Trailing P/E23.1x
Forward PEG—
Implied Growth+2.3%
Median Target$36.21
Analyst Spread65.4%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$29
-36.3%
Consensus
$39
-13.8%
Bull Case
$54
+20.2%
Valuation Model TargetsConfidence: 46/100
Bear$6
Base$69
Bull$173
PBA Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Pembina Pipeline Corporation (PBA) has a Wall Street consensus price target of $38.76, based on estimates from 16 covering analysts. With the stock currently trading at $44.94, this represents a potential downside of -13.8%. The company has a market capitalization of $26.12B.
Analyst price targets range from a low of $28.65 to a high of $54.00, representing a 65% spread in expectations. The median target of $36.21 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 12 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PBA trades at a trailing P/E of 23.1x and forward P/E of 15.1x. Analysts expect EPS to grow +2.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $69.33, with bear and bull scenarios of $6.30 and $172.61 respectively. Model confidence stands at 46/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+3.9%
Avg Forward P/E19.7x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ENBEnbridge Inc. | $117.8B | $53.99 | $46.86 | -13.2% | Buy | 17.9x | 25 |
 TRPTC Energy Corporation | $67.8B | $65.09 | $62.00 | -4.7% | Hold | 17.4x | 19 |
 PPLPPL Corporation | $27.4B | $36.77 | $41.57 | +13.1% | Buy | 18.9x | 29 |
 WMBThe Williams Companies, Inc. | $89.2B | $72.95 | $79.00 | +8.3% | Buy | 31.2x | 34 |
 KMIKinder Morgan, Inc. | $70.1B | $31.51 | $35.00 | +11.1% | Hold | 22.3x | 34 |
 OKEONEOK, Inc. | $54.1B | $85.87 | $89.88 | +4.7% | Hold | 15.2x | 39 |
 ETEnergy Transfer LP | $68.5B | $19.92 | $19.00 | -4.6% | Buy | 12.3x | 32 |
 TRGPTarga Resources Corp. | $54.3B | $252.44 | $237.70 | -5.8% | Buy | 24.9x | 33 |
 DTDynatrace, Inc. | $12.1B | $40.37 | $49.81 | +23.4% | Buy | 24.0x | 34 |
 MPLXMPLX Lp | $57.1B | $56.26 | $60.25 | +7.1% | Buy | 12.7x | 28 |
Upside Potential Comparison
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Start ComparisonPBA — Frequently Asked Questions
Quick answers to the most common questions about buying PBA stock.
What is the PBA stock price target for 2026?
PBA's consensus price target is $38.76, -13.8% below the current price of $44.94. The 16 analysts tracking PBA see downside risk at present valuations.
Is PBA a buy, sell, or hold?
PBA has a consensus rating of "Buy" based on 16 Wall Street analysts. The rating breakdown is predominantly bullish, with 12 Buy/Strong Buy ratings. The consensus 12-month price target of $38.76 implies -13.8% downside from current levels.
Is PBA stock overvalued or undervalued?
With a forward P/E of 15.0871x, PBA trades at a relatively low valuation. The consensus target of $38.76 implies -13.8% move, suggesting the market may be pricing in risks.
How high can PBA stock go?
The most bullish Wall Street analyst has a price target of $54 for PBA, while the most conservative target is $28.6469. The consensus of $38.76 represents the median expectation. Our quantitative valuation model projects a bull case target of $173 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PBA stock?
PBA is well covered by analysts, with 16 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 12 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.
What is the PBA stock forecast?
The 12-month PBA stock forecast based on 16 Wall Street analysts shows a consensus price target of $38.76, with estimates ranging from $28.6469 (bear case) to $54 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $69, with bear/bull scenarios of $6/$173.
What is PBA's fair value based on fundamentals?
Our quantitative valuation model calculates PBA's fair value at $69 (base case), with a bear case of $6 and bull case of $173. 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 46/100.
What is PBA's forward P/E ratio?
PBA trades at a forward P/E ratio of 15.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 23.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PBA stock?
Analysts are cautious on PBA, with 0 Sell ratings and a price target of $38.76 (-13.8% from current price). The "Buy" consensus suggests careful evaluation before buying. 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.
Why do PBA price targets vary so much?
PBA analyst price targets range from $28.6469 to $54, a 65% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $38.76 consensus represents the middle ground. Our model's $6-$173 range provides an independent fundamental perspective.