Goldman Sachs target for PBF Energy stock stays at USD 91.00, 7.67 percent above price

Published on 10/17/2026 at 21:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The next report is due October 29, 2026. PBF Energy stock last stood at USD 84.52 on October 16, 2026, down 2.84 percent versus the prior close.

Analyst target shapes valuation

The October 9, 2026 Goldman Sachs note put the target at USD 91.00, 7.67 percent above the last price.
PBF Energy is due to report third-quarter results on October 29, 2026.
PBF Energy stock last stood at USD 84.52 at 4:00 p.m. ET on October 16, 2026, down 2.84 percent versus the prior close of October 15, 2026.
PBF Energy traded at a trailing P/E of 7.48 and had a market capitalization of USD 10.0 billion.

PBF, US69318G1067, Illustration mit AI erstellt.

Goldman Sachs' October 9, 2026 note kept a USD 91.00 target for PBF Energy, up from USD 81.00, placing the target 7.67 percent above the stock's last price. The note retained a Neutral rating, according to Markets Insider. PBF Energy stock last stood at USD 84.52 at 4:00 p.m. ET on October 16, 2026, down 2.84 percent versus the prior close of October 15, 2026 at USD 86.99.

Goldman target stays above the price

The target comparison matters because the USD 91.00 objective is 7.67 percent above the last NYSE price. Goldman Sachs cited capital allocation, potential cash flow and deleveraging among the issues shaping its view, while also pointing to refining margins and widening light-heavy differentials.

Stock stands near its yearly high

PBF ended October 16, 2026 at USD 84.52, within a 52-week range of USD 25.62 to USD 92.46. The price was 8.59 percent below the high and 229.98 percent above the low. Year to date, the stock had gained 211.70 percent, while trading volume reached 2,870,441 shares against an average of 3,333,832.

PBF's second-quarter 2026 revenue was USD 11.68 billion and net income attributable to common shareholders was USD 906.40 million. Those figures provide a recent operating backdrop, but the next earnings release will offer the next major test of the current valuation.

Valuation and October 29 report

PBF carried a trailing P/E of 7.48 and a market capitalization of USD 10.0 billion as of October 16, 2026. The company will release third-quarter 2026 results on October 29, 2026, at 8:30 a.m. ET, according to PBF Energy.

Comparison with peers

PBF Energy (NYSE, USD): minus 2.84 percent, P/E 7.48, market capitalization USD 10.0 billion
Valero Energy (NYSE, USD): plus 0.15 percent, P/E 18.45, market capitalization USD 128.0 billion
Marathon Petroleum (NYSE, USD): plus 0.24 percent, P/E 16.46, market capitalization USD 134.3 billion

Market position after October 16

PBF's price remains close to its 52-week high despite the October 16 decline. The combination of a dated USD 91.00 target, a 7.48 trailing P/E and the October 29 reporting date gives investors three concrete markers for assessing the next update.