Roth Capital Comments on PEDEVCO’s Q1 Earnings (NYSE:PED)

PEDEVCO Corp. (NYSE:PED) – Investment analysts at Roth Capital issued their Q1 2026 earnings per share (EPS) estimates for shares of PEDEVCO in a research note issued on Monday, November 17th. Roth Capital analyst J. White forecasts that the company will earn ($0.02) per share for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for PEDEVCO’s current full-year earnings is $0.06 per share. Roth Capital also issued estimates for PEDEVCO’s Q2 2026 earnings at ($0.02) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.01) EPS and FY2026 earnings at ($0.06) EPS.

Separately, Zacks Research raised shares of PEDEVCO from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $1.50.

PEDEVCO Stock Performance

PED opened at $0.54 on Wednesday. The firm has a market cap of $49.67 million, a P/E ratio of 27.01 and a beta of 0.21. The firm has a 50-day moving average of $0.59 and a 200 day moving average of $0.62. PEDEVCO has a fifty-two week low of $0.47 and a fifty-two week high of $1.00.

About PEDEVCO

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming.