Mizuho raises target for PBF Energy stock from USD 65.00 to USD 89.00

Published on 10/20/2026 at 20:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PBF Energy earned USD 906.40 million on USD 11.68 billion revenue in Q2 2026. PBF Energy stock costs EUR 74.53 on October 20, 2026.

Analyst target and quarterly figures

Mizuho lifted its PBF Energy target from USD 65.00 to USD 89.00 on October 8, 2026.
PBF Energy generated USD 11.68 billion in Q2 2026 revenue and USD 906.40 million in net income.
PBF Energy stock costs EUR 74.53 at Lang & Schwarz on October 20, 2026 at 8:16 p.m. CEST.
PBF Energy is scheduled to report third-quarter 2026 results on October 29, 2026.

PBF, US69318G1067, Illustration mit AI erstellt.

Mizuho raised its price target for PBF Energy from USD 65.00 to USD 89.00 while keeping a Neutral rating in a report dated October 8, 2026, according to The Cerbat Gem. The new target is 6.71 percent above the USD 83.40 NYSE price on October 20, 2026. PBF Energy stock was trading at EUR 74.53 at Lang & Schwarz on October 20, 2026 at 8:16 p.m. CEST.

Target rises as earnings reset

The target change followed a strong second quarter. PBF Energy reported USD 11.68 billion in revenue and USD 906.40 million in net income for Q2 2026, while operating profit reached USD 1.27 billion and the operating margin was 11.00 percent. The Cerbat Gem reported that quarterly revenue increased 56.20 percent from the prior-year quarter and that earnings per share reached USD 6.22 against a USD 4.15 consensus estimate.

Stock position has room below high

The NYSE price of USD 83.40 on October 20, 2026 stood 9.79 percent below PBF Energy's 52-week high of USD 92.46 and well above its USD 25.62 low. The session volume was 1,256,023 shares, while the market capitalization was USD 9.9 billion. The price-to-earnings ratio was 7.41.

October 29 results set the next date

PBF Energy's next scheduled report is October 29, 2026, before the US market opens, with the conference call set for 8:30 a.m. ET, according to MarketBeat. The same page lists consensus estimates of USD 11.06 earnings per share and USD 10.60 billion in revenue for the third quarter. Those estimates imply revenue growth of 38.50 percent from the USD 7.65 billion reported in the comparable quarter.

For investors, the key test is whether the Q2 cash generation can carry into the next report. PBF Energy generated USD 1.59 billion in operating cash flow in Q2 2026, giving the October results a clear balance-sheet and earnings dimension.

Price and target in perspective

Mizuho's USD 89.00 target sits above the latest NYSE price, while the euro quotation places PBF Energy at EUR 74.53 in after-hours trading in Berlin. The next scheduled company figure is the third-quarter report on October 29, 2026. The further course of trading is shown by the continuously updated real-time quote of PBF Energy stock.