Oversold Stocks in Energy Sector: The energy sector has several oversold stocks, presenting potential buying opportunities for undervalued companies, particularly those with an RSI below 30.
Pedevco Corp Performance: Pedevco Corp's stock has dropped 27% recently, with an RSI of 29.8, following disappointing quarterly sales, although future prospects look promising due to upcoming well developments.
Geospace Technologies Update: Geospace Technologies reported a loss of 71 cents per share, with its stock down 50% over the past month and an RSI of 29, despite a recent 18.4% increase in share price.
Houston American Energy Situation: Houston American Energy's stock has fallen 59% recently, with an RSI of 23.2, following an $8 million direct offering, although there are signals indicating a potential breakout in its shares.
Wall Street analysts forecast PED stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PED is 0.85 USD with a low forecast of 0.85 USD and a high forecast of 0.85 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast PED stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PED is 0.85 USD with a low forecast of 0.85 USD and a high forecast of 0.85 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.580
Low
0.85
Averages
0.85
High
0.85
Current: 0.580
Low
0.85
Averages
0.85
High
0.85
Roth Capital
Nick Pope
initiated
$0.85
2025-11-17
Reason
Roth Capital
Nick Pope
Price Target
$0.85
AI Analysis
2025-11-17
initiated
Reason
Roth Capital analyst Nick Pope reinstated coverage of Pedevco with a Buy rating and 85c price target. The company's merger with Juniper provides "meaningful" operational scale in the Rockies and a "significant boost" in production, the analyst tells investors in a research note. Roth says Pedevco's new debt keeps its leverage metrics at reasonable levels.
D. Boral Capital
Jesse Sobelson
Strong Buy
Maintains
$1.5
2025-04-02
Reason
D. Boral Capital
Jesse Sobelson
Price Target
$1.5
2025-04-02
Maintains
Strong Buy
Reason
D. Boral Capital
Jesse Sobelson
Strong Buy
Maintains
$1.5
2025-03-13
Reason
D. Boral Capital
Jesse Sobelson
Price Target
$1.5
2025-03-13
Maintains
Strong Buy
Reason
About PED
PEDEVCO Corp. is an energy company engaged in the acquisition and development of energy projects in the United States. The Company is a Rockies-focused operator with over 328,000 net acres. The Company's principal assets are its D-J Basin Asset located in the D-J Basin in Weld and Morgan Counties, Colorado and Southeastern Wyoming, and its San Andres Asset located in the Northwest Shelf of the Permian Basin in eastern New Mexico. The Company owns substantial oil-weighted producing assets and significant leasehold interests with future drilling inventory located in the Northern DJ and Powder River Basins. It has approximately 14,105 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico. It has approximately 17,830 net D-J Basin acres located in Weld and Morgan Counties, Colorado, and Laramie County, Wyoming, through its wholly owned subsidiary, PRH Holdings LLC, and which are operated by its wholly owned operating subsidiary, Red Hawk Petroleum, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
