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The latest announcement is out from Pedevco ( (PED) ).
On February 27, 2026, PEDEVCO expanded its board from five to six directors and appointed Juniper executive managing partner Edward Geiser as director and chair of the nominating and corporate governance committee, while naming Josh Schmidt as chairman of the board and granting Geiser 197,482 restricted shares that vest over 12 months. The company also implemented a previously approved second amendment to its 2021 equity incentive plan, increasing the share reserve to 18 million, and filed an amended and restated charter in Texas that raised authorized common stock to 300 million, eliminated Series A preferred stock, reset certain governance and voting thresholds, and formally codified broad corporate opportunity waivers for its two key investor groups, leaving 266,016,298 common shares outstanding and reinforcing investor-aligned control over future corporate actions.
The most recent analyst rating on (PED) stock is a Buy with a $0.70 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 Outperform.
The score is driven primarily by strong financial stability (very low leverage) and solid recent cash generation, partially offset by deteriorating TTM operating profitability and revenue. Technicals are supportive with price above key moving averages, but near-overbought signals add caution. Valuation is moderate (P/E ~13.7) with no dividend support, and recent financing-related corporate events modestly increase leverage risk.
To see Spark’s full report on PED stock, click here.
More about Pedevco
PEDEVCO Corp. operates in the energy sector, with a focus on exploration and production activities in the oil and gas industry. The company’s shareholder base includes significant investors such as the Juniper Investor Group and the PED Investor Group, which exert notable influence over its governance structure and strategic direction.
Average Trading Volume: 190,012
Technical Sentiment Signal: Sell
Current Market Cap: $66.79M
Find detailed analytics on PED stock on TipRanks’ Stock Analysis page.