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PJTPJT Partners Inc.Hold5.9·$159.19+1.80%
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PJT Partners Inc. (PJT) Stock Analysis

Temp Headwind edge

HoldModerate Confidence

Financial Services · Capital Markets

Hold if already holding. Not a fresh buy at $159.19, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum.

PJT Partners operates through three advisory segments: Strategic Advisory (M&A, shareholder engagement, capital markets), Restructuring and Special Situations (liability management, distressed M&A, Chapter 11), and PJT Park Hill (private fund advisory and fundraising). The firm... Read more

$159.19+0.7% A.UpsideScore 5.9/10#22 of 40 Capital Markets
QualityF-score9 / 9FCF yield
IncomeYield0.64%(5y avg 0.80%)Payout14.49%sustainable
Stop $148.05Target $160.38(resistance)A.R:R -1.0:1
Analyst target$169.80+6.7%5 analysts
$160.38our TP
$159.19price
$169.80mean
$141
$190

Hold if already holding. Not a fresh buy at $159.19, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.9/10, moderate confidence.

Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 41d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: moderate.

10-K grounded · weekly refresh

About PJT Partners Inc.

About PJT Partners Inc.

PJT Partners served 255 fee-paying clients generating $1 million or more in annual fees in 2025, up from 230 in 2024, operating three advisory businesses: Strategic Advisory, Restructuring and Special Situations, and PJT Park Hill. The firm employed 1,224 individuals including 133 partners globally at December 31, 2025, with 15% of 2025 revenues from international clients. PJT Partners LP is a registered broker-dealer subject to SEC oversight, having begun trading on the New York Stock Exchange in October 2015.

PJT Partners earns advisory fees primarily at the close of transactions, generating revenue that is highly volatile from quarter to quarter because a limited number of engagements produce significant fees at key milestones such as signing or closing. Strategic Advisory covers M&A, spin-offs, activism defense, contested acquisitions, capital markets placements for public and private companies, and geopolitical advisory. Restructuring and Special Situations advises on liability management, Chapter 11 restructurings, and distressed M&A; the company ranked #1 in both global and U.S. announced restructurings in three of the last four years per LSEG Refinitiv. PJT Park Hill provides private capital fundraising across private equity, alternative credit, real estate, and secondary transactions. No single client accounted for more than 10% of total revenues in 2025 or 2024. Cash and short-term investments totaled $585.8 million at December 31, 2025, including $311.3 million in money market funds and $46.9 million in Treasury securities.

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PJT Partners' transaction-close revenue model exposes the company to significant quarterly earnings volatility: deal timing is partially outside the company's control, and high revenue in one quarter will not necessarily recur in subsequent periods. The Restructuring and Special Situations business is contingent on debt default cycles — a benign credit environment with few corporate defaults may reduce that segment's contribution. PJT Park Hill's fundraising business depends on investor appetite for illiquid alternative assets, which may contract if public pension plans restrict placement-agent use or if broader capital markets tighten.

See also: Financial Services · Capital Markets

From PJT Partners Inc.'s most recent 10-K filing, extracted June 11, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 28, 202641d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Wide economic moat
Risks
Analyst target reached - limited upside remaining
Negative momentum
Below 200-MA, MA slope -2.2%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)22.1
P/E (Fwd)18.3
Mkt Cap$6.4B
EV/EBITDA
Profit Mgn10.3%
ROE37.0%
Rev Growth28.9%
Beta0.84
Dividend0.64%
Rating analysts11

Quality Signals

Piotroski F9/9MoatWideCompounder

Options Flow

P/C4.87bearish
IV45%normal
Max Pain$100-37.2% vs spot

Concentration Risks(10-K Item 1A)

  • LOWGeographicinternational operations15%
    10-K Item 1A: 'we earned 15% of our total revenues from customers from our international operations'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Obv
1.0
Macd
1.8
Volume
2.5
Rsi
4.5
Ma Position
6.0
Volume distribution (falling OBV)Below 200-MA, MA slope -2.2%/30d — confirmed downtrend
GatesMomentum 3.2<4.5A.R:R -1.0=NEGATIVEDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 41d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
57 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $150.45Resistance $163.65

Price Targets

$148
$160
A.Upside+0.7%
A.R:R-1.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-7.2% upside)
! momentum at 3.2 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-28 (41d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PJT stock a buy right now?

Hold if already holding. Not a fresh buy at $159.19, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $160.38 (+0.7%), stop $148.05 (−7.5%), A.R:R -1.0:1. Score 5.9/10, moderate confidence.

What is the PJT stock price target?

Take-profit target: $160.38 (+0.7% upside). Target $160.38 (+0.7%), stop $148.05 (−7.5%), A.R:R -1.0:1. Stop-loss: $148.05.

What are the risks of investing in PJT?

Analyst target reached - limited upside remaining; Negative momentum; Below 200-MA, MA slope -2.2%/30d (confirmed downtrend).

Is PJT overvalued or undervalued?

PJT Partners Inc. trades at a P/E of 22.1 (forward 18.3). TrendMatrix value score: 5.9/10. Verdict: Hold.

What do analysts say about PJT?

11 analysts cover PJT with a consensus score of 3.5/5. Average price target: $170.

What does PJT Partners Inc. do?PJT Partners operates through three advisory segments: Strategic Advisory (M&A, shareholder engagement, capital...

PJT Partners operates through three advisory segments: Strategic Advisory (M&A, shareholder engagement, capital markets), Restructuring and Special Situations (liability management, distressed M&A, Chapter 11), and PJT Park Hill (private fund advisory and fundraising). The firm employs 1,224 people including 133 partners globally, earning transaction fees at deal close from corporations, financial sponsors, and fund managers.

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