NYSE: PJT

PJT Partners (PJT) Stock Analysis & Forecast

Oct 12 close

$138.54+1.26 (+0.9%)

Gekko Brief

AI summaryOct 12 close

PJT shares slipped on Wednesday after an analyst cut a price target on the stock, with coverage noting the firm is still several weeks from its third-quarter report. Most of the week's other coverage consisted of routine data listings on margins and valuation multiples from overseas exchange listings, with no additional company-specific developments reported.

PJT closes at $138.54, down from recent levels with one-month, three-month, six-month and one-year returns all negative, including a 1-month return of -15.1% and a 1-year return of -19.7%. The close sits below both the 50-day average of $162.91 and the 200-day average of $158.91. The GekkoIndex reads 69.5, placing the stock in the Accumulation zone, though the index has declined 3.8 over the past five sessions. Price sits 14.7% below the Gekko Fair Value of $162.39.

Earnings are scheduled for 3 November 2026, before the open, 22 days away and within a typical 20-trading-day holding window; the prior report showed an EPS beat of $2.55 versus $2.41 estimated, yet shares reacted -6.3% afterward, and the average absolute reaction across the last 8 quarters has been 4.7%. No insider, Congress or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a 6.2% return over 5 years, with gains in 4 of those years. Analyst consensus among 4 firms shows 3 buy and 1 hold ratings, with a consensus target of $160.71.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

PJT Partners price vs fair value

$162.39$138.54Oct ’25Apr ’26Oct ’26
Close $138.54200-day averageGekko Fair Value $162.39

PJT Partners quick facts

Market cap
$3.54B
P/E ratio
18.6
Forward P/E
16.5
EPS, TTM
$7.32
Revenue, TTM
$1.89B
Profit margin
10.6%
Dividend yield
0.73%
Beta
0.88
Volume
380,644 avg 454,217
1-year return
−19.7%
Typical daily move
±3.3%
Typical 20-day move
±5.6%
50-day average
$162.91
200-day average
$158.91
Next earnings
Nov 3 before open
Shares outstanding
25.56M
52-week range
$127.73$195.62

PJT Partners swing-trade checklist

PJT Partners scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $138.54 sits between the 50-day ($162.91) and 200-day ($158.91) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    69.5, Accumulation

    Reading 69.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    14.7% below

    Price is 14.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 22 days

    Reports on Nov 3, 2026, 22 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.2% on average

    From this point in the calendar, the next 20 trading days averaged +6.2% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

PJT Partners stock chart and price history

PJT Partners closed at $138.54 on Oct 12, 2026, −19.7% over the past year, inside a 52-week range of $127.73 to $195.62.

Close50-day average200-day averageVolume
PJT Partners share price, past year, with 50-day and 200-day moving averages and volume$160$180NovDecJan 2026FebMarAprMayJunJulAugSepOct138.54

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−15.1%
3 months
−15.9%
6 months
−11.3%
1 year
−19.7%
The full PJT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PJT in Gekko

Follow PJT Partners through every session

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About PJT Partners

PJT Partners works as an investment bank, offering advice rather than lending or trading on its own account. Its clients include corporations, financial sponsors, institutional investors and governments, who turn to the firm for guidance on mergers, acquisitions, spin-offs, joint ventures, divestitures and contested takeover situations, as well as defense against shareholder activism. The firm has also built a name in restructuring work, guiding companies and creditors through distressed situations, bankruptcy proceedings and complex liability questions.

Beyond deal advice, PJT Partners supports boards and management teams on shareholder engagement, governance matters and investor relations, and helps clients navigate geopolitical and policy shifts that affect their strategy. It also advises on raising capital, covering debt and equity financings, structured products and public offerings, and runs a practice dedicated to private fund advisory and fundraising, assisting general and limited partners with liquidity and structuring needs.

The company was incorporated in 2014, previously operated under the name Blackstone Advisory, and took its current name in 2015. It is based in New York, New York, and its shares trade on the NYSE under the ticker PJT.

Listed
NYSE
Sector
Finance
Industry
Investment banks/Brokers
Website
pjtpartners.com

PJT Partners GekkoIndex: the smart money zone

PJT Partners’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 69.5, in the Accumulation zone, down 3.8 points over five sessions.

010069.5Accumulation

Down 3.8 points over five sessions, from the Buying zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying43+0.5%0.0%+2.3%+11.0%
Accumulation (current zone)159−0.2%+0.2%+2.0%+7.5%
Neutral421+0.7%+1.2%+1.5%+3.8%
Distribution54−0.6%−1.2%+0.9%+3.3%
Selling5Too few readings yet

Average PJT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the PJT price, zone by zone.Track PJT in Gekko

Is PJT Partners stock overvalued? Gekko Fair Value

PJT Partners trades 14.7% below Gekko Fair Value of $162.39, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what PJT Partners shares are worth, recalculated every trading day.

$162.39

Gekko Fair Value, Oct 10, 2026

14.7% Undervalued

At the end of Aug 2026 the price was 0.1% below the estimate.

Gekko Fair ValueShare price, month end
$162$137Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PJT in Gekko

PJT Partners insider and Congress trading

No open-market insider purchases were filed for PJT Partners, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PJT in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PJT insider filing, plotted on the chart in Gekko.Open PJT in Gekko

Congress trades last 90 days

No trades in PJT were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PJT, plotted on the chart in Gekko.Open PJT in Gekko

Buybacks

PJT Partners has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$53.57M
As a share of market cap
1.51%
Trailing four quarters
$310.1M

From company filings.

PJT Partners earnings: next date and track record

PJT Partners reports on Nov 3, 2026, before the open (22 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±4.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+6.4%May ’24+5.7%Jul ’24−2.3%Oct ’24+7.0%Feb ’25+4.7%Apr ’25−2.4%Jul ’25+3.0%Nov ’25−6.3%Feb ’26

Last earnings call, Feb 3, 2026 AI summary

What they said
PJT Partners reported record 2025 results with record revenues ($1.714B), record adjusted pretax income, and record adjusted EPS. All businesses (strategic advisory, restructuring, PJT Park Hill) achieved record revenues; Q4 revenues were $535M (+12% YoY). The firm increased partner headcount 12% and total headcount 7%, ended year with $586M cash, repurchased $384M shares, and will exchange 850k partnership units for cash subject to Board approval. Board approved $0.25 quarterly dividend. Management will report revenue as a single line going forward. Adjusted compensation ratio was 67.1% for FY and 66.2% in Q4; guidance on 2026 comp ratio to be provided in Q1. Adjusted non-comp expense grew ~12% YoY; expected similar growth in 2026. Restructuring demand remains elevated and multi-year; PJT Park Hill saw record quarter and year despite challenging fundraising, driven by private capital solutions and secondaries; Strategic Advisory benefited from strong M&A market (second-best year for volumes). No funded debt; net working capital $632M. Management upbeat on outlook and positioning for 2026, expects continued elevated M&A and restructuring, and secular growth in private capital solutions. Q&A focused on restructuring sustainability, comp ratio outlook, Park Hill dynamics, private capital solutions, and non-comp expense drivers. The tone was confident and constructive throughout.
Guidance
Management provided high-level guidance: FY 2026 total non-compensation expense expected to grow at a similar rate to 2025; compensation ratio guidance deferred to Q1 results (they will provide 2026 compensation estimate when they report Q1); CFO indicated adjusted effective tax rate guidance in the high teens (smoothed over the year) factoring in an early March benefit. Board approved $0.25 quarterly dividend. No explicit revenue or EPS numeric guidance provided.
Risks flagged
Management highlighted risks including macroeconomic and capital markets uncertainty, challenged primary fundraising environment, uneven private equity performance (2021 vintage concerns), sector-specific stress (healthcare, software, retail, media) leading to restructuring needs, and increased occupancy and travel costs driving non-comp expense. They also noted forward-looking statements subject to risks in the 2024 Form 10-K.
ReportedEPSSurpriseRevenueSurpriseMove
Feb 3, 2026$2.55
est $2.41
+5.8%$535.2M
est $534.7M
+0.1%−6.3%
Nov 4, 2025$1.85
est $1.24
+49.2%$447.1M
est $520.5M
−14.1%+3.0%
Jul 29, 2025$1.54
est $1.36
+13.2%$406.9M
est $409.6M
−0.7%−2.4%
Apr 29, 2025$1.05
est $0.94
+11.7%$324.5M
est $366.8M
−11.5%+4.7%
Feb 4, 2025$1.90
est $1.13
+68.1%$477.3M
est $349.9M
+36.4%+7.0%
Oct 29, 2024$0.93
est $0.91
+2.2%$326.3M
est $384.6M
−15.2%−2.3%
Jul 30, 2024$1.19
est $0.70
+70.0%$360.2M
est $282.0M
+27.7%+5.7%
May 2, 2024$0.98
est $0.45
+117.8%$329.4M
est $229.2M
+43.7%+6.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

PJT Partners stock forecast and analyst price targets

Analysts’ average 12-month price target for PJT Partners is $160.71, +16.0% from the last close, from 4 firms rating the stock in the last 90 days.

$160.71consensus 12-month target, +16.0% from the last close
Low $165High $195
Buy3
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 4 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 6BMO CapitalBuy, reiterated$194+40.0%
Oct 6UBSHold, maintained$165+19.1%
Oct 1Goldman SachsBuy, reiterated$182+31.4%
Aug 3BMO CapitalBuy, maintained$194+40.0%
Jul 29UBSHold, maintained$176+27.0%
+2.0%average 20-day move after past Accumulation readings
+6.2%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

PJT Partners seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, PJT Partners averaged +6.2% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+3.1%2021+10.1%2022+4.7%2023+14.0%2024−2.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.8%4 of 5
Next 10 trading days+3.4%3 of 5
Next 15 trading days−0.1%2 of 5
Next 20 trading days+6.2%4 of 5
Next 30 trading days+4.8%3 of 5

For scale, PJT’s typical 20-trading-day move in either direction is about 5.6%.

PJT Partners market cap and key statistics

PJT Partners’s market cap is $3.54B, with a P/E ratio of 18.6 and revenue of $1.89B over the last twelve months.

Valuation

Market cap
$3.54B
P/E ratio
18.6
Forward P/E
16.5
EPS, TTM
$7.32
Gekko Fair Value
$162.39

Trading

Volume
380,644
Avg volume, 20 days
454,217
52-week high
$195.62
52-week low
$127.73
Shares outstanding
25.56M

Financials

Revenue, TTM
$1.89B
Profit margin
10.6%
Return on equity
37.6%
Quarterly earnings growth, YoY
+37.5%

Risk and income

Beta
0.88
Typical daily move
±3.3%
Typical 20-day move
±5.6%
Dividend yield
0.73%

PJT Partners stock news this week

Coverage of PJT Partners this week reads neutral: 0 positive, 4 neutral and 0 negative headlines.

News sentiment neutral

PJT Partners peers

PJT Partners’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
GSGoldman Sachs−0.5%Accumulation12.8% below
SCHWCharles Schwab0.0%Accumulation13.6% below
IBKRInteractive Brokers−0.4%Accumulation8.8% below
CMECME−1.6%Neutral0.5% below
HOODRobinhood Markets+0.5%Accumulation7.5% below
BNYBank of New York Mellon−0.1%Accumulation10.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

PJT Partners stock FAQ

What is PJT Partners’s market cap?

PJT Partners’s market cap is $3.54B at the Oct 12, 2026 close of $138.54, with 25.56M shares outstanding. The shares trade on a P/E ratio of 18.6.

What is the PJT Partners stock forecast?

The consensus analyst 12-month price target for PJT Partners is $160.71, +16.0% from the last close. Of the 4 firms that rated the stock in the last 90 days, 3 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is PJT Partners stock overvalued or undervalued?

On Gekko’s estimate PJT Partners is undervalued: the Oct 12, 2026 close of $138.54 is 14.7% below Gekko Fair Value of $162.39. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does PJT Partners report earnings next?

PJT Partners is expected to report on Nov 3, 2026, before the market opens (22 days away). Analysts expect earnings of $1.57 per share on revenue of $444.4M. PJT Partners beat the earnings estimate in 8 of its last 8 reports, moving 4.7% on average across the report.

What is PJT Partners’s 52-week high and low?

PJT Partners’s 52-week high is $195.62 and its 52-week low is $127.73; it closed at $138.54 on Oct 12, 2026, −19.7% over the past year.

Is PJT Partners stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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