Plains All American Pipeline, L.P. (PAA) fair value analysis
Nasdaq · Updated 2026-10-19
PAA price how computed
Forward Fair Value verdict
OvervaluedPAA is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $25.25
- Sector
- Energy
- 12-month range
- $16.30–$26.10
- Market cap
- $17.8B
- From 52-week high
- -3.3%
- Shares outstanding
- 706M
- Rank in Energy by discount to fair value
- #18 of 24
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Plains All American Pipeline, L.P. is a midstream energy infrastructure company that operates pipelines, terminals, and other facilities for the transportation and storage of crude oil, natural gas liquids, and refined products. The company operates an extensive network of assets across the United States and Canada.
PAA currently ranks #18 of 24 Energy stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $17.8B
- P/E (trailing)
- 16x
- Revenue (TTM)
- $52.2B
- Net margin
- 5.3%
- EPS (TTM)
- $1.59
- Gross margin
- 4.6%
- Debt / equity
- 0.78
- Revenue growth (3-yr avg)
- 15.5%
- Shares outstanding
- 706M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Contracting
- 52-week position
- The top quarter of its range
- DCF cross-check
- Undervalued
Technicals how computed
- RSI (14-day)
- 53 · neutral
- 50-day average
- $24.71
- 200-day average
- $22.44
- Moving-average state
- 50-day above 200-day (golden cross state); price above both averages
Dividends how computed
- Paid, last 12 months
- $1.63 per share (4 payments)
- Yield on last price
- 6.47%
- Consecutive years of increases
- 4
- Next ex-dividend date
- 2026-10-30
- Last payment date
- 2026-08-14
Earnings how computed
- Next earnings report
- 2026-11-06 (pre-market)
- Last 8 quarters vs consensus
- 4 beat, 3 missed
- Quarter by quarter
- 2026-06 ▲ beat (+2.5%)
2026-03 ▼ miss (-4.9%)
2025-12 ▼ miss (-11.1%)
2025-09 ▲ beat (+14.7%)
2025-06 ▲ beat (+9.1%)
2025-03 ▼ miss (-13.3%)
2024-12 ▬ met (0.0%)
2024-09 ▲ beat (+19.4%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 8 buy · 7 hold · 2 sell (17 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $26.4
- Target vs last price
- +4.6%
What our data shows for PAA
- Our model validated 17 trailing price-to-earnings windows for PAA, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $16.30–$26.10.
- The 14-day relative strength index sits at a neutral 53.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for PAA
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent PAA news
TickrTrends' derived news-sentiment signal for PAA is currently leaning positive, computed from recent coverage.
- Plains All American Pipeline and Plains GP Holdings Announce Appointment of New Chief Operating Officer (manilatimes.net, 2026-09-29)
TickrTrends take: Plains All American Pipeline announced a new Chief Operating Officer appointment, which represents a leadership transition that investors should monitor for operational execution and strategic direction changes. Given that TickrTrends currently rates PAA as overvalued, this management change introduces uncertainty around whether the company can justify its current valuation through improved operational performance in the energy sector. Valuation-focused investors should track whether this leadership shift leads to operational efficiency gains or strategic initiatives that could either support or challenge the overvaluation assessment. - Plains All American (PAA) Signs $585M Deal. Can Spare Capacity Lift Returns? (insidermonkey.com, 2026-09-20)
TickrTrends take: Plains All American Pipeline has secured a 585 million dollar contract that expands its commercial capacity, which TickrTrends currently assesses as overvalued in the Energy sector. For investors concerned with valuation metrics, the key question is whether this new revenue stream will grow earnings sufficiently to justify the current stock price, or if the contract primarily represents maintenance-level cash generation on existing infrastructure. Monitoring the company's ability to convert this deal into margin expansion will be critical for determining whether the overvaluation assessment shifts as financial results materialize. - Plains All American Announces Pricing of Public Offering of $1,500,000,000 of Junior Subordinated Notes and Intent to Redeem Series A and Series B Preferred Units (manilatimes.net, 2026-09-09)
TickrTrends take: Plains All American Pipeline announced a public offering of junior subordinated notes totaling 1500000000 dollars, alongside plans to redeem existing Series A and Series B preferred units. Given TickrTrends' current overvalued assessment of PAA, investors focused on valuation should monitor how this debt issuance affects the company's leverage metrics and whether the redemption of preferred units signals management's confidence in equity value or reflects pressure to optimize capital structure. The financing activity in an energy infrastructure company trading at overvalued levels warrants attention to how debt servicing obligations impact future cash flow available to unitholders.
What people are saying
Follow the PAA conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — # PAA Stock Research TickrTrends' derived indicators for PAA in the Energy sector show movement this week as the 50/200-day trend state shifted from mixed to uptrend. The current valuation verdict for PAA remains overvalued based on the analysis framework.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for PAA showed a shift this week as the 50/200-day trend state moved from an uptrend to a mixed state. The energy sector stock maintains an overvalued current valuation verdict. This change in trend classification reflects altered momentum dynamics in the stock's recent trading activity.
- 2026-09-21 — PAA's relative strength index moved out of overbought territory into neutral zone this week, indicating a shift in momentum conditions. The stock maintains an overvalued valuation verdict according to TickrTrends' derived indicators for the energy sector.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is PAA stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), PAA is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is PAA's TickrTrends verdict?
PAA's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does PAA compare to other Energy stocks?
PAA ranks #18 of 24 Energy stocks in TickrTrends' coverage by discount to fair value.
Is PAA overbought or oversold?
PAA's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does PAA pay a dividend?
Yes. PAA paid $1.63 per share over the last twelve months (4 payments), a 6.47% yield on TickrTrends' last price, and has raised the annual total for 4 consecutive years. The next ex-dividend date on file is 2026-10-30.
When does PAA report earnings next?
PAA's next earnings report is scheduled for 2026-11-06 (pre-market), per the published earnings calendar.
Does PAA usually beat earnings estimates?
Over its last 8 reported quarters PAA beat the consensus estimate 4 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about PAA?
Of 17 analysts covering PAA, 8 rate it a buy, 7 a hold and 2 a sell - hold-leaning, with a consensus price target of $26.4 (+4.6% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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