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Pedevco Awards Restricted Stock to Board Members

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Pedevco Awards Restricted Stock to Board Members

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Pedevco ( (PED) ) has shared an announcement.

On August 28, 2025, PEDEVCO Corp. awarded restricted stock to board members under its 2021 Equity Incentive Plan, with vesting conditions tied to their continued board membership and potential acceleration in a change of control scenario. Additionally, during the 2025 Annual Meeting, PEDEVCO’s stockholders elected five director nominees and approved the appointment of Weaver and Tidwell, L.L.P. as the independent auditors for the fiscal year, with a quorum of 68,670,136 shares represented.

The most recent analyst rating on (PED) stock is a Buy with a $2.15 price target. To see the full list of analyst forecasts on Pedevco stock, see the PED Stock Forecast page.

Spark’s Take on PED Stock

According to Spark, TipRanks’ AI Analyst, PED is a Neutral.

Pedevco’s overall stock score reflects its mixed financial performance, with strong balance sheet stability but challenges in revenue stability and operating cash flow. Technical analysis indicates bearish momentum, while the low P/E ratio suggests undervaluation. The recent corporate event of incentivizing staff is a positive move for long-term stability. However, the lack of earnings call data limits insights into strategic directions.

To see Spark’s full report on PED stock, click here.

More about Pedevco

Average Trading Volume: 257,441

Technical Sentiment Signal: Sell

Current Market Cap: $53.35M

For detailed information about PED stock, go to TipRanks’ Stock Analysis page.

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