Plains All American Pipeline (PAA) Stock Forecast, Price Target & Predictions


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PAA Stock Forecast


Plains All American Pipeline stock forecast is as follows: an average price target of $15.58 (represents a -11.88% downside from PAA’s last price of $17.68) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

PAA Price Target


The average price target for Plains All American Pipeline (PAA) is $15.58 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $13.00. This represents a potential -11.88% downside from PAA's last price of $17.68.

PAA Analyst Ratings


Hold

According to 12 Wall Street analysts, Plains All American Pipeline's rating consensus is 'Hold'. The analyst rating breakdown for PAA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (41.67%), 6 'Hold' (50.00%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

Plains All American Pipeline Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 02, 2024Manav GuptaUBS$22.00$18.0322.02%24.43%
May 14, 2024Elvira ScottoRBC Capital$18.00$17.453.15%1.81%
Apr 12, 2024John MackayGoldman Sachs$16.00$17.98-11.01%-9.50%
Feb 07, 2023-Bernstein$14.50$12.6214.90%-17.99%
Dec 09, 2022-Citigroup$14.00$11.7019.66%-20.81%
Dec 02, 2022-Truist Financial$15.00$12.1923.10%-15.16%
Aug 14, 2022Selman AkyolStifel Nicolaus$16.00$11.6637.22%-9.50%
May 12, 2022Spiro DounisCredit Suisse$14.00$10.2436.72%-20.81%
Apr 28, 2022-Wells Fargo$16.00$10.3953.95%-9.50%
Apr 26, 2022-Morgan Stanley$15.00$10.5442.38%-15.16%
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The latest Plains All American Pipeline stock forecast, released on Jul 02, 2024 by Manav Gupta from UBS, set a price target of $22.00, which represents a 22.02% increase from the stock price at the time of the forecast ($18.03), and a 24.43% increase from PAA last price ($17.68).

Plains All American Pipeline Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$18.67
Last Closing Price$17.68$17.68$17.68
Upside/Downside-100.00%-100.00%5.60%

In the current month, the average price target of Plains All American Pipeline stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Plains All American Pipeline's last price of $17.68. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024RBC CapitalUnderperformUnderperformHold
Sep 04, 2024UBSSector PerformSector PerformHold
Jul 01, 2024UBSBuyBuyHold
Jun 10, 2024Morgan StanleyOverweightOverweightHold
May 14, 2024RBC CapitalSector PerformSector PerformHold
May 06, 2024TD SecuritiesHoldHoldHold
May 06, 2024CitigroupNeutralNeutralHold
Apr 12, 2024Goldman SachsSellSellHold
Jul 20, 2023Morgan StanleyOverweightOverweightHold
Feb 07, 2023Bernstein-Market PerformDowngrade
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Plains All American Pipeline's last stock rating was published by RBC Capital on Sep 04, 2024. The company gave PAA a "Underperform" rating, the same as its previous rate.

Plains All American Pipeline Financial Forecast


Plains All American Pipeline Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$12.07B$11.60B$12.34B$12.95B$14.34B-$13.69B$12.95B$10.78B$9.93B$8.38B$5.96B$5.83B
Avg Forecast$14.47B$14.35B$14.24B$14.13B$16.20B$15.62B$15.31B$15.17B$14.54B$14.06B$13.48B$13.53B$13.58B$13.06B$12.32B$12.98B$14.30B$14.18B$15.28B$15.86B$14.91B$16.12B$13.83B$12.26B$9.57B$8.73B$6.99B$7.02B$6.12B$5.42B
High Forecast$16.18B$16.06B$15.94B$15.81B$18.13B$17.48B$17.12B$16.97B$16.26B$15.73B$15.08B$15.14B$15.20B$13.75B$13.78B$14.52B$18.60B$22.47B$17.10B$17.74B$16.68B$17.85B$13.83B$14.23B$11.10B$10.13B$8.11B$8.14B$7.10B$6.28B
Low Forecast$13.17B$13.06B$12.96B$12.86B$14.75B$14.22B$13.93B$13.80B$13.23B$12.80B$12.27B$12.31B$12.36B$12.25B$11.21B$11.81B$10.01B$9.58B$13.91B$14.43B$13.57B$14.58B$13.83B$11.49B$8.96B$8.18B$6.55B$6.57B$5.74B$5.07B
# Analysts333333334444631128544353646111216
Surprise %-----------------0.85%0.76%0.78%0.87%0.89%-1.12%1.35%1.23%1.42%1.19%0.97%1.08%

Plains All American Pipeline's average Quarter revenue forecast for Dec 23 based on 2 analysts is $14.30B, with a low forecast of $10.01B, and a high forecast of $18.60B. PAA's average Quarter revenue forecast represents a 18.47% increase compared to the company's last Quarter revenue of $12.07B (Sep 23).

Plains All American Pipeline EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334444631128544353646111216
EBITDA-----------------$601.00M$749.00M$728.00M$392.00M$625.00M-$311.00M$867.00M$194.00M$74.00M$730.00M$213.00M$413.00M
Avg Forecast$1.06B$1.05B$1.04B$1.03B$1.19B$1.14B$1.12B$1.11B$1.06B$1.03B$986.47M$990.26M$994.23M$955.89M$901.54M$680.06M$1.05B$1.04B$1.12B$618.23M$1.06B$256.08M$1.01B$562.03M$959.89M$202.43M$77.08M$488.97M$447.30M$596.97M
High Forecast$1.18B$1.18B$1.17B$1.16B$1.33B$1.28B$1.25B$1.24B$1.19B$1.15B$1.10B$1.11B$1.11B$1.01B$1.01B$816.07M$1.36B$1.64B$1.25B$741.88M$1.27B$307.30M$1.01B$674.44M$1.15B$242.92M$92.50M$586.77M$536.76M$716.37M
Low Forecast$963.57M$956.16M$948.81M$941.51M$1.08B$1.04B$1.02B$1.01B$968.21M$936.58M$897.81M$901.26M$904.88M$896.58M$820.52M$544.05M$732.26M$700.83M$1.02B$494.59M$844.71M$204.86M$1.01B$449.63M$767.91M$161.95M$61.67M$391.18M$357.84M$477.58M
Surprise %-----------------0.58%0.67%1.18%0.37%2.44%-0.55%0.90%0.96%0.96%1.49%0.48%0.69%

2 analysts predict PAA's average Quarter EBITDA for Dec 23 to be $1.05B, with a high of $1.36B and a low of $732.26M. This is 74.15% upper than Plains All American Pipeline's previous annual EBITDA (Sep 23) of $601.00M.

Plains All American Pipeline Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334444631128544353646111216
Net Income-----------------$203.00M$293.00M$422.00M$263.00M$384.00M-$187.00M$497.00M$-59.00M$-220.00M$422.00M$-28.00M$143.00M
Avg Forecast$303.25M$206.51M$202.17M$238.48M$391.70M$310.94M$264.56M$349.72M$331.33M$259.52M$251.63M$306.52M$280.15M$214.78M$220.37M$233.34M$253.41M$174.11M$142.65M$212.13M$548.04M$-77.88M$157.12M$192.84M$498.21M$-61.57M$-229.17M$282.67M$-58.80M$206.70M
High Forecast$350.11M$238.42M$233.40M$275.32M$452.22M$358.98M$305.43M$403.75M$382.53M$299.61M$290.51M$353.88M$350.18M$284.07M$254.42M$280.01M$273.96M$274.55M$164.69M$254.55M$657.64M$-62.30M$157.12M$231.41M$597.86M$-49.25M$-183.33M$339.20M$-47.04M$248.04M
Low Forecast$267.82M$182.39M$178.55M$210.62M$345.94M$274.61M$233.65M$308.86M$292.63M$229.20M$222.23M$270.71M$168.09M$166.28M$194.63M$186.67M$232.87M$127.23M$125.98M$169.70M$438.43M$-93.46M$157.12M$154.28M$398.57M$-73.88M$-275.00M$226.13M$-70.56M$165.36M
Surprise %-----------------1.17%2.05%1.99%0.48%-4.93%-0.97%1.00%0.96%0.96%1.49%0.48%0.69%

Plains All American Pipeline's average Quarter net income forecast for Dec 23 is $253.41M, with a range of $232.87M to $273.96M. PAA's average Quarter net income forecast represents a 24.83% increase compared to the company's last Quarter net income of $203.00M (Sep 23).

Plains All American Pipeline SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334444631128544353646111216
SG&A-----------------$92.00M$85.00M$86.00M$82.00M$83.00M-$82.00M$87.00M$67.00M$72.00M$67.00M$70.00M$61.00M
Avg Forecast$116.45M$115.55M$114.67M$113.78M$130.43M$125.76M$123.21M$122.09M$117.01M$113.19M$108.50M$108.92M$109.36M$105.14M$99.16M$102.32M$115.12M$114.18M$123.01M$93.02M$105.95M$88.44M$111.34M$84.56M$96.32M$69.91M$75.00M$44.88M$147.00M$88.17M
High Forecast$130.29M$129.29M$128.29M$127.31M$145.94M$140.71M$137.85M$136.61M$130.92M$126.64M$121.40M$121.87M$122.35M$110.66M$110.95M$122.78M$149.70M$180.88M$137.63M$111.62M$127.14M$106.13M$111.34M$101.47M$115.59M$83.90M$90.00M$53.85M$176.40M$105.81M
Low Forecast$105.98M$105.17M$104.36M$103.56M$118.71M$114.46M$112.13M$111.12M$106.50M$103.02M$98.75M$99.13M$99.53M$98.62M$90.25M$81.86M$80.54M$77.09M$111.96M$74.42M$84.76M$70.75M$111.34M$67.65M$77.06M$55.93M$60.00M$35.90M$117.60M$70.54M
Surprise %-----------------0.81%0.69%0.92%0.77%0.94%-0.97%0.90%0.96%0.96%1.49%0.48%0.69%

Plains All American Pipeline's average Quarter SG&A projection for Dec 23 is $115.12M, based on 2 Wall Street analysts, with a range of $80.54M to $149.70M. The forecast indicates a 25.13% rise compared to PAA last annual SG&A of $92.00M (Sep 23).

Plains All American Pipeline EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts333333334444631128544353646111216
EPS-----------------$0.20$0.32$0.52$0.30$0.48-$0.19$0.70$-0.08$-0.37$0.51$-0.04$0.13
Avg Forecast$0.43$0.29$0.29$0.34$0.56$0.44$0.38$0.50$0.47$0.37$0.36$0.44$0.40$0.31$0.31$0.39$0.36$0.25$0.20$0.38$0.37$0.29$0.22$0.36$0.27$0.22$0.22$0.24$0.36$0.34
High Forecast$0.50$0.34$0.33$0.39$0.65$0.51$0.44$0.58$0.55$0.43$0.41$0.50$0.50$0.41$0.36$0.45$0.39$0.39$0.23$0.44$0.43$0.33$0.22$0.44$0.32$0.27$0.27$0.29$0.43$0.41
Low Forecast$0.38$0.26$0.25$0.30$0.49$0.39$0.33$0.44$0.42$0.33$0.32$0.39$0.24$0.24$0.28$0.35$0.33$0.18$0.18$0.34$0.33$0.26$0.22$0.33$0.25$0.20$0.21$0.22$0.33$0.31
Surprise %-----------------0.81%1.57%1.36%0.81%1.64%-0.52%2.60%-0.37%-1.65%2.14%-0.11%0.39%

According to 2 Wall Street analysts, Plains All American Pipeline's projected average Quarter EPS for Dec 23 is $0.36, with a low estimate of $0.33 and a high estimate of $0.39. This represents a 80.75% increase compared to PAA previous annual EPS of $0.20 (Sep 23).

Plains All American Pipeline Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EPDEnterprise Products Partners$29.70$30.502.69%Buy
ETEnergy Transfer LP$16.30$16.00-1.84%Buy
WESWestern Midstream Partners, LP$39.10$37.67-3.66%Hold
GELGenesis Energy$13.55$13.00-4.06%Hold
HESMHess Midstream LP$36.35$34.33-5.56%Hold
PAAPlains All American Pipeline$17.68$15.58-11.88%Hold
MPLXMPLX LP$44.66$38.30-14.24%Buy
OKEONEOK$95.23$79.00-17.04%Buy

PAA Forecast FAQ


No, according to 12 Wall Street analysts, Plains All American Pipeline (PAA) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 41.67% of PAA's total ratings.

Plains All American Pipeline (PAA) average price target is $15.58 with a range of $13 to $22, implying a -11.88% from its last price of $17.68. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PAA stock, the company can go down by -11.88% (from the last price of $17.68 to the average price target of $15.58), up by 24.43% based on the highest stock price target, and down by -26.47% based on the lowest stock price target.

PAA's average twelve months analyst stock price target of $15.58 does not support the claim that Plains All American Pipeline can reach $30 in the near future.

Plains All American Pipeline's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $62.3B (high $69.7B, low $56.7B), average EBITDA is $4.56B (high $5.1B, low $4.15B), average net income is $1.32B (high $1.52B, low $1.16B), average SG&A $501.49M (high $561.1M, low $456.42M), and average EPS is $1.88 (high $2.17, low $1.66). PAA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $57.2B (high $64B, low $52.06B), average EBITDA is $4.19B (high $4.68B, low $3.81B), average net income is $950.42M (high $1.1B, low $839.38M), average SG&A $460.45M (high $515.18M, low $419.07M), and average EPS is $1.36 (high $1.57, low $1.2).

Based on Plains All American Pipeline's last annual report (Dec 2022), the company's revenue was $57.34B, beating the average analysts forecast of $57.12B by 0.39%. Apple's EBITDA was $1.74B, missing the average prediction of $2.89B by -39.54%. The company's net income was $1.04B, beating the average estimation of $820.12M by 26.44%. Apple's SG&A was $325M, missing the average forecast of $390.29M by -16.73%. Lastly, the company's EPS was $1.48, beating the average prediction of $1.25 by 18.48%. In terms of the last quarterly report (Sep 2023), Plains All American Pipeline's revenue was $12.07B, missing the average analysts' forecast of $14.18B by -14.89%. The company's EBITDA was $601M, missing the average prediction of $1.04B by -42.10%. Plains All American Pipeline's net income was $203M, beating the average estimation of $174.11M by 16.59%. The company's SG&A was $92M, missing the average forecast of $114.18M by -19.42%. Lastly, the company's EPS was $0.2, missing the average prediction of $0.248 by -19.47%