What is PBA stock price target for 2026?

WallStSmart's 12-month price target for Pembina Pipeline Corp is $45.06, representing 0.1% downside from the current price of $45.12.

What is PBA stock forecast?

Pembina Pipeline Corp forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is PBA undervalued based on price targets?

Our DCF intrinsic value for Pembina Pipeline Corp is $29.17, against a current price of $45.12. The margin of safety is -50.02%.

PBA

Pembina Pipeline Corp

NYSE: PBA · ENERGY · OIL & GAS MIDSTREAM

$45.12

+1.92% today

Updated 2026-04-29

Market cap

$26.23B

P/E ratio

23.14

P/S ratio

3.37x

EPS (TTM)

$1.95

Dividend yield

6.42%

52W range

$34 – $46

Volume

1.5M

Market cap

$26.23B

P/E ratio

23.14

P/S ratio

3.37x

EPS (TTM)

$1.95

Dividend yield

6.42%

52W range

$34 – $46

Volume

1.5M

Pembina Pipeline Corp (PBA) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$45.12

Consensus

$60.00

+32.98%

2030 Target

$218.64

+384.57%

DCF

$29.17

-50.02% MoS

Current price

$45.12

Analyst consensus

$60.00

+32.98%

2030 Target

$218.64

+384.57%

Intrinsic (DCF)

$29.17

-50.02% MoS

17 analysts:

1 Buy1 Hold2 Sell

Management guidance

Pembina announced 2026 guidance with strategic focus on growth projects including Cedar LNG capacity agreements and Alliance Pipeline expansion (350 mmcf/d incremental capacity by Q4 2029). Company reported $4.3B adjusted EBITDA in 2025 with 3% dividend increase, signaling confidence in cash generation. No specific revenue targets disclosed, but guidance emphasizes project-driven growth through LNG integration and pipeline capacity expansions.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$361.42

$10.6B Rev × 20x P/S

Base case (2030)

$218.64

$10.6B Rev × 12x P/S

Bear case (2030)

$147.25

$10.6B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$6.3B	$7.4B	$7.8B	$8.3B	$8.8B	$9.4B	$9.9B	$10.6B
Revenue growth	—	16.6%	5.3%	7.4%	6.0%	6.0%	6.1%	6.1%
EPS	$2.99	$2.92	$2.63	$2.78	$3.11	$3.38	$3.68	$4.02
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$174.02	$182.94	$191.87	$205.25	$218.64

Catalysts & risks

Growth catalysts

+ Cedar LNG project ramp-up and PETRONAS long-term capacity agreement execution

+ Alliance Pipeline binding open season (350 mmcf/d expansion by Q4 2029) backed by take-or-pay contracts

+ Greenlight Electricity project completion and Meta data center partnership expansion

+ Continued dividend growth and shareholder returns from stable midstream cash flows

Key risks

- Commodity price volatility impacting shipper volumes despite fee-based revenue structure

- Regulatory delays on expansion projects (CER approvals, environmental assessments)

- Energy transition pressures reducing long-term natural gas demand and pipeline utilization

- Integration execution risk on major LNG and infrastructure projects

Methodology

Pembina Pipeline Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 17 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.