PJT

PJT Partners Inc

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Advanced Chart

177.520

-5(-2.739%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

185.640

Open

183.540

VWAP

Vol

373.45K

Mkt Cap

4.34B

Low

176.020

Amount

EV/EBITDA(TTM)

14.42

Total Shares

23.99M

4.82B

EV/OCF(TTM)

10.00

P/S(TTM)

5.13

PJT Partners Inc. is a global, advisory-focused investment bank. The Company provides independent advice coupled with client service. The Company advises clients on transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments and divestitures. Additionally, it advises private and public company boards and management teams on strategies for building investor relationships with a focus on shareholder engagement; complex investor matters; environmental, social and governance (ESG) transition solutions; and other critical strategic, governance and shareholder matters. Its restructuring and special situations business provides advisory in financial restructuring and reorganization, liability management, distressed M&A, and Chapter 11 matters. The Company's global alternative asset advisory and fundraising business provides private fund advisory and fundraising services for a diverse range of investment strategies.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

395.16M

+21.76%

1.403

+33.57%

526.62M

+10.34%

2.256

+18.74%

397.96M

+21.95%

1.444

+55.27%

Estimates Revision

The market is revising Upward the revenue expectations for PJT Partners Inc. (PJT) for FY2025, with the revenue forecasts being adjusted by 0.51% over the past three months. During the same period, the stock price has changed by 25.27%.

Revenue Estimates for FY2025

Revise Upward

+0.51%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.03%

In Past 3 Month

Stock Price

Go Up

+25.27%

In Past 3 Month

3 Analyst Rating

-6.49% Downside

Wall Street analysts forecast PJT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PJT is 166.00 USD with a low forecast of 136.00 USD and a high forecast of 196.00 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.

0 Buy

2 Hold

1 Sell

Moderate Sell

-6.49% Downside

Current: 177.520

Low

136.00

Averages

166.00

High

196.00

-6.49% Downside

Current: 177.520

Low

136.00

Averages

166.00

High

196.00

Keefe Bruyette

Market Perform

maintain

$161 -> $196

2025-07-14

Reason

Keefe Bruyette

Price Target

$161 -> $196

2025-07-14

maintain

Market Perform

Reason

Keefe Bruyette raised the firm's price target on PJT Partners to $196 from $161 and keeps a Market Perform rating on the shares following a transfer of coverage. The firm believes the merger and acquisition environment should continue to improve gradually throughout the second half of the year. While policy and geopolitical uncertainty remain a risk, deal pipelines are still near all-time highs, the analyst tells investors in a research note.

Keefe Bruyette

Market Perform

maintain

$161 -> $199

2025-07-13

Reason

Keefe Bruyette

Price Target

$161 -> $199

2025-07-13

maintain

Market Perform

Reason

Keefe Bruyette raised the firm's price target on PJT Partners to $199 from $161 and keeps a Market Perform rating on the shares following a transfer of coverage. The firm believes the merger and acquisition environment should continue to improve gradually throughout the second half of the year. While policy and geopolitical uncertainty remain a risk, deal pipelines are still near all-time highs, the analyst tells investors in a research note.

Wolfe Research

Underperform

maintain

$111 -> $136

2025-07-10

Reason

Wolfe Research

Price Target

$111 -> $136

2025-07-10

maintain

Underperform

Reason

Wolfe Research raised the firm's price target on PJT Partners to $136 from $111 and keeps an Underperform rating on the shares. The firm has confidence in recommending alternative asset managers over the merger and acquisition brokers as a way to play the improving capital markets backdrop.

Keefe Bruyette

Market Perform

maintain

$152 -> $161

2025-05-12

Reason

Keefe Bruyette

Price Target

$152 -> $161

2025-05-12

maintain

Market Perform

Reason

Keefe Bruyette raised the firm's price target on PJT Partners to $161 from $152 and keeps a Market Perform rating on the shares. Messaging was relatively consistent across the industry as the recent market volatility has led to a slowdown in completed deals, but management teams remain upbeat, the analyst tells investors in a research note.

Keefe, Bruyette & Woods

Aidan Hall

Hold

Maintains

$152 → $177

2025-02-05

Reason

Keefe, Bruyette & Woods

Aidan Hall

Price Target

$152 → $177

2025-02-05

Maintains

Hold

Reason

JMP Securities

Devin Ryan

Buy

Hold

Downgrades

n/a

2025-01-13

Reason

JMP Securities

Devin Ryan

Price Target

n/a

2025-01-13

Downgrades

Buy

Hold

Reason

JMP Securities downgraded PJT Partners to Market Perform from Outperform without a price target. JMP still thinks the market is underestimating the company's growth and earnings power in a more normal environment, particularly in a scenario where restructuring activity remains elevated, making the firm far more bullish than consensus on earnings power over the next few years, the analyst tells investors in a research note. However, even on the firm's bullish bullish 2026 EPS estimate, the stock is trading at roughly 19x, which represents a much more balanced risk-reward profile, JMP argues.

See All Ratings

Valuation Metrics

The current forward P/E ratio for PJT Partners Inc (PJT.N) is 27.94, compared to its 5-year average forward P/E of 20.98. For a more detailed relative valuation and DCF analysis to assess PJT Partners Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

20.98

Current PE

27.94

Overvalued PE

26.41

Undervalued PE

15.55

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Overvalued

5Y Average PS

1.80

Current PS

2.63

Overvalued PS

2.09

Undervalued PS

1.51