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 March 2, 2026, Permian Resources Corporation (PR) has a Wall Street consensus price target of $19.13, based on estimates from 18 covering analysts. With the stock currently trading at $18.29, this represents a potential upside of +4.6%. The company has a market capitalization of $1.54B.
Analyst price targets range from a low of $17.00 to a high of $21.00, representing a 21% spread in expectations. The median target of $18.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 17 analysts rating the stock as a Buy or Strong Buy,1 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, PR trades at a trailing P/E of 14.3x and forward P/E of 16.3x. Analysts expect EPS to grow -8.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $11.75, with bear and bull scenarios of $-117.21 and $33.63 respectively. Model confidence stands at 34/100, suggesting limited visibility into future performance.
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Start ComparisonThe consensus price target for PR is $19.13, close to the current price of $18.29 (4.6% implied move). Based on 18 analyst estimates, the stock appears fairly valued near current levels.
PR has a consensus rating of "Buy" based on 18 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $19.13 implies 4.6% upside from current levels.
With a forward P/E of 16.3493x, PR trades at a relatively low valuation. The consensus target of $19.13 implies 4.6% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $21 for PR, while the most conservative target is $17. The consensus of $19.13 represents the median expectation. Our quantitative valuation model projects a bull case target of $34 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PR is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 16 have Buy ratings, 1 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 PR stock forecast based on 18 Wall Street analysts shows a consensus price target of $19.13, with estimates ranging from $17 (bear case) to $21 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $12, with bear/bull scenarios of $-117/$34.
Our quantitative valuation model calculates PR's fair value at $12 (base case), with a bear case of $-117 and bull case of $34. 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 34/100.
PR trades at a forward P/E ratio of 16.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.3x. 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.
PR appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $19.13 target. Consider your investment thesis and risk tolerance. 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.
PR analyst price targets range from $17 to $21, a 21% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $19.13 consensus represents the middle ground. Our model's $-117-$34 range provides an independent fundamental perspective.