Wall Street analyst estimates for PEDEVCO Corp. (PED): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
PEDEVCO Corp. is an oil and gas company primarily engaged in the acquisition, development, and production of hydrocarbon resources throughout the United States. As of December 31, 2021, the company owned approximately 32,870 net acres in New Mexico's Permian Basin (specifically Chaves and Roosevelt Counties) and about 11,580 net acres in Colorado's Denver-Julesberg (D-J) Basin (spanning Weld and Morgan Counties).
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-13 | $0.18 | ||
| 2026-08-13 | $1.31 | $0.35 | +269.0% |
| 2026-05-14 | $3.28 | $0.62 | +429.0% |
| 2026-03-30 | $-1.85 | $-0.20 | -825.0% |
| 2025-11-13 | $-0.07 | $-0.05 | -52.2% |
| 2025-08-14 | $-0.40 | $0.30 | -233.3% |
| 2025-05-15 | $0.03 | $0.30 | -90.0% |
| 2025-03-31 | $2.60 | $0.20 | +1200.0% |
Valuation Ratios
| Price / Book | 1.05 |
| EV / EBITDA | 13.19 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0M | $3.0M | $4.5M | $13.0M | $8.1M | $15.9M | $30.0M | $30.8M | $39.6M | $45.8M |
| Cost of Revenue | $6.8M | $5.1M | $9.3M | $17.8M | $15.8M | $13.3M | $21.6M | $20.7M | $28.4M | $19.1M |
| Gross Profit | -$2.8M | -$2.1M | -$4.8M | -$4.9M | -$7.7M | $2.5M | $8.5M | $10.1M | $11.2M | $26.6M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $3.9M | $2.5M | $4.1M | $5.8M | $6.7M | $6.2M | $5.9M | $6.0M | $6.4M | $16.8M |
| Operating Expenses | $4.1M | $2.5M | $4.2M | $5.4M | $26.1M | $4.4M | $5.9M | $10.3M | $6.5M | $34.5M |
| Operating Income | -$5.7M | -$23.6M | -$9.0M | -$10.2M | -$33.8M | -$1.9M | $2.6M | -$198000 | $4.7M | -$7.9M |
| EBITDA | -$580000 | -$19.8M | $67.8M | $790000 | -$21.3M | $6.2M | $14.1M | $15.0M | $20.8M | $17.7M |
| Interest Expense | $14.0M | $12.8M | $7.7M | $824000 | $2000 | $1000 | 0 | 0 | 0 | $1.4M |
| Pre-tax Income | -$19.6M | -$36.4M | $53.6M | -$11.1M | -$32.7M | -$1.3M | $2.8M | $264000 | $5.0M | -$2.3M |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$12.8M | $8.1M |
| Net Income | -$19.6M | -$36.4M | $53.6M | -$11.1M | -$32.7M | -$1.3M | $2.8M | $264000 | $17.8M | -$10.4M |
| EPS | $-80.40 | $-124.40 | $96.00 | $-4.60 | $-9.40 | $-0.37 | $0.67 | $0.06 | $4.00 | $-2.25 |
| EPS (Diluted) | $-80.40 | $-124.40 | $94.80 | $-4.60 | $-9.40 | $-0.37 | $0.67 | $0.06 | $4.00 | $-2.25 |
| Shares Outstanding (Diluted) | $244301 | $292369 | $565662 | $2.6M | $3.6M | $4.0M | $4.3M | $4.4M | $4.5M | $4.6M |
Price
| Price | $15.49 |
| Market Cap | $206M |
| Exchange | AMEX |
| Country | US |
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Explore sector: Energy · Oil & Gas Exploration & Production
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