Should You Buy PBF Energy Inc (PBF) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
33.260
1 Day change
1.09%
52 Week Range
41.480
Analysis Updated At
2026/01/26
PBF Energy Inc. is not a strong buy for a beginner, long-term investor at this moment. While the stock shows some positive technical indicators and has been upgraded by analysts recently, its financial performance has significantly declined, and options data suggests bearish sentiment. Additionally, there are no strong catalysts or proprietary trading signals to support an immediate buy decision.
Technical Analysis
The technical indicators show a bullish trend with MACD positively expanding, RSI at a neutral level (68.256), and moving averages aligned bullishly (SMA_5 > SMA_20 > SMA_200). The stock is trading above its pivot level (32.368) with resistance at 34.866 and support at 29.871.
Options Data
Bearish
Open Interest Put-Call Ratio
Bearish
Option Volume Put-Call Ratio
The high Put-Call Ratios indicate bearish sentiment in the options market, with more puts being traded than calls.
Technical Summary
Sell
0
Buy
10
Positive Catalysts
Analysts have recently upgraded the stock, with Piper Sandler and Mizuho expecting tighter West Coast balances and potential for shareholder returns. Gross margin improved significantly YoY (+98.59%).
Neutral/Negative Catalysts
The company's financial performance in Q3 2025 showed significant declines in revenue (-8.72% YoY), net income (-159.50% YoY), and EPS (-158.06% YoY). Options data indicates bearish sentiment, and there are no recent congress trading data or strong proprietary trading signals to support a buy. Additionally, the stock's valuation remains below its peers, reflecting market concerns.
Financial Performance
In Q3 2025, revenue dropped to $7.65B (-8.72% YoY), net income dropped to $170.1M (-159.50% YoY), and EPS dropped to $1.44 (-158.06% YoY). However, gross margin increased to 8.48% (+98.59% YoY), showing some operational improvement.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent analyst upgrades include Piper Sandler upgrading to Overweight with a price target of $40 (down from $42) and Mizuho upgrading to Neutral with a price target of $38 (up from $31). Wolfe Research downgraded the stock to Underperform with a $23 price target, citing headwinds in the refining sector. Overall, analysts are mixed but leaning positive due to potential West Coast market tightening in 2026.
Wall Street analysts forecast PBF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBF is 32.22 USD with a low forecast of 23 USD and a high forecast of 42 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.
9 Analyst Rating
Wall Street analysts forecast PBF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBF is 32.22 USD with a low forecast of 23 USD and a high forecast of 42 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
5 Hold
2 Sell
Hold
Current: 32.900
Low
23
Averages
32.22
High
42
Current: 32.900
Low
23
Averages
32.22
High
42
Piper Sandler
Underweight -> Overweight
upgrade
$42 -> $40
AI Analysis
2026-01-08
Reason
Piper Sandler
Price Target
$42 -> $40
AI Analysis
2026-01-08
upgrade
Underweight -> Overweight
Reason
Piper Sandler upgraded PBF Energy to Overweight from Underweight with a price target of $40, down from $42.
Piper Sandler
Piper
Underweight -> Overweight
upgrade
$42 -> $40
2026-01-08
Reason
Piper Sandler
Piper
Price Target
$42 -> $40
2026-01-08
upgrade
Underweight -> Overweight
Reason
As previously reported, Piper Sandler double upgraded PBF Energy to Overweight from Underweight with a price target of $40, down from $42. The firm expects West Coast balances to tighten materially in 2026. Despite the delay at Martinez, PBF remains amongst the most levered to PADD 5. While organic free cash flow generation trails peers, insurance proceeds will provide needed balance sheet support, offering the potential for shareholder returns should margins show upside, Piper adds. At about 4-times EV/EBITDA, valuation remains inexpensive, and it is the only U.S. refiner trading well below its recent highs.
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