Should I Buy PAM? PAM 2026 Analysis

Should You Buy Pampa Energia SA (PAM) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

88.490

1 Day change

-0.14%

52 Week Range

94.500

Analysis Updated At

2026/01/26

Pampa Energia SA (PAM) is not a strong buy at the moment for a beginner investor with a long-term focus. While there are some positive catalysts such as an analyst upgrade and revenue growth, the significant drop in net income and EPS, coupled with no strong trading signals or news catalysts, makes it prudent to hold off on investing right now.

Technical Analysis

The MACD is positive and expanding, indicating a bullish trend. RSI is neutral at 61.083, and moving averages are converging, showing no clear trend. The stock is trading near its resistance level of 84.313, with support at 81.33. Overall, the technical indicators suggest a cautious approach.

Options Data

Bearish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Citi upgraded the stock to Buy with a price target increase from $92 to $113, citing benefits from power generation and gas upstream business integration. Revenue increased by 55.99% YoY in Q3 2025.

Neutral/Negative Catalysts

No significant hedge fund or insider trading activity. No recent news or congress trading data. Stock trend analysis indicates a 70% chance of a -1.9% drop in the next day.

Financial Performance

In Q3 2025, revenue grew significantly by 55.99% YoY, and gross margin increased by 9.34% YoY to 35.46%. However, net income and EPS dropped sharply by 71.17% and 71.18% YoY, respectively, indicating profitability challenges.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Citi upgraded Pampa Energia to Buy from Neutral with a price target of $113, up from $92, highlighting potential gains from business integration and higher monetization of its gas upstream business.

2 Analyst Rating

Wall Street analysts forecast PAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAM is 113 USD with a low forecast of 113 USD and a high forecast of 113 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.

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 88.610

Low

113

Averages

113

High

113

Current: 88.610

Low

113

Averages

113

High

113

Citi

Neutral -> Buy

upgrade

$113

AI Analysis

2025-10-31

Reason

Citi

Price Target

$113

AI Analysis

2025-10-31

upgrade

Neutral -> Buy

Reason

Citi upgraded Pampa Energia to Buy from Neutral with a $113 price target.

Citi

Neutral -> Buy

upgrade

$92 -> $113

2025-10-31

Reason

Citi

Price Target

$92 -> $113

2025-10-31

upgrade

Neutral -> Buy

Reason

Citi upgraded Pampa Energia to Buy from Neutral with a price target of $113, up from $92. The firm still thinks Pampa benefits in a significant way from the changes not only on its power generation business but eventually via higher monetization of its gas upstream business and integration between both businesses. The firm updated its model to partially incorporate those gains, which explains the new price target.

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PAM Should I Buy

PAM Should I Buy

Should You Buy Pampa Energia SA (PAM) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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