Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Piper Sandler Companies (PIPR) has a Wall Street consensus price target of $391.50, based on estimates from 11 covering analysts. With the stock currently trading at $295.55, this represents a potential upside of +32.5%. The company has a market capitalization of $4.94B.
Analyst price targets range from a low of $385.00 to a high of $398.00, representing a 3% spread in expectations. The median target of $391.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 2 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 0 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, PIPR trades at a trailing P/E of 28.9x and forward P/E of 15.3x. The forward PEG ratio of 2.61 reflects a premium valuation. Analysts expect EPS to grow +45.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $344.00, with bear and bull scenarios of $-29.77 and $751.14 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.
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Start ComparisonThe consensus Wall Street price target for PIPR is $391.5, representing 32.5% upside from the current price of $295.55. With 11 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
PIPR has a consensus rating of "Hold" based on 11 Wall Street analysts. The rating breakdown is mixed, with 9 Hold ratings making up the largest segment. The consensus 12-month price target of $391.5 implies 32.5% upside from current levels.
With a forward P/E of 15.3214x, PIPR trades at a relatively low valuation. The consensus target of $391.5 implies 32.5% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $398 for PIPR, while the most conservative target is $385. The consensus of $391.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $751 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PIPR is moderately covered, with 11 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 9 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 PIPR stock forecast based on 11 Wall Street analysts shows a consensus price target of $391.5, with estimates ranging from $385 (bear case) to $398 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $344, with bear/bull scenarios of $-30/$751.
Our quantitative valuation model calculates PIPR's fair value at $344 (base case), with a bear case of $-30 and bull case of $751. 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 49/100.
PIPR trades at a forward P/E ratio of 15.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 28.9x. 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.
Wall Street analysts are very optimistic on PIPR, with a "Hold" consensus rating and $391.5 price target (32.5% upside). 2 of 11 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.
PIPR analyst price targets range from $385 to $398, a 3% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $391.5 consensus represents the middle ground. Our model's $-30-$751 range provides an independent fundamental perspective.