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PAMPampa Energia S.A.Buy Wait7.5·$84.74-1.94%
Buy WaitModerate Confidence
Investment thesis

Pampa Energia delivered 38% year-over-year revenue growth with a perfect Piotroski F-Score of 9 out of 9, strong positive news sentiment, and a forward price-to-earnings of 6.4x, making it the highest-scoring stock in this batch at 7.1 out of 10, though negative free cash flow at 175% of net income and small-cap volatility remain material risks.

Thesis pillars

  • Perfect Piotroski Strong MarginsStable
  • Exceptional Overall Score And GrowthStable
  • Earnings Beat With Massive SurprisesDeteriorating
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Pampa Energia S.A. (PAM) Stock Analysis

Buy WaitVALUE-TRAP 1/5ValueGrowthQualityModerate Confidence

Industrials · Conglomerates

Wait for pullback to $84.01. BUY gates pass at $84.74, but sector modifier (Industrials): -0.7 argues for a more patient entry. Engine's entry $84.01 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.

Pampa Energía S.A. operates as an integrated power company in Argentina. The company operates through Oil and Gas; Generation; Petrochemicals; and Holding, Transportation and Others segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms... Read more

$84.74+24.3% A.UpsideScore 7.5/10#1 of 18 Conglomerates
QualityF-score9 / 9FCF yield-11.22%
Entry $84.01(Ma200 Sticky)Stop $79.35Target $105.35(analyst − 13%)A.R:R 3.1:1
Analyst target$121.09+42.9%11 analysts
$105.35our TP
$84.74price
$121.09mean
$160

Wait for pullback to $84.01. BUY gates pass at $84.74, but sector modifier (Industrials): -0.7 argues for a more patient entry. Engine's entry $84.01 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 7.5/10, moderate confidence.

Passes 7/7 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, earnings proximity 59d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Nov 2, 202659d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
Strong overall score: 7.5/10
Risks
Sector modifier (Industrials): -0.7

Key Metrics

P/E (TTM)7.9
P/E (Fwd)7.2
Mkt Cap$4.5B
EV/EBITDA6.2
Profit Mgn23.6%
ROE15.3%
Rev Growth53.5%
Beta-0.24
DividendNone
Rating analysts11

Quality Signals

Piotroski F9/9MoatNarrow

Options Flow

P/C0.38bullish
IV50%normal

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.

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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·2 ceiling hits

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

Bollinger
0.6
Support Resistance
3.0
52w Position
7.9
GatesMomentum 7.1>=5.5A.R:R 3.1 ≥ 1.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 59d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
71 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $78.05Resistance $87.63

Price Targets

$79
$84
$105
A.Upside+24.3%
A.R:R3.1:1

Position Sizing

ConvictionMedium conviction
Suggested %1.2%
Max %2.4%
RegimeRisk-Off

Risk Alerts

! News modifier +2: HOLD_IF_HOLDING → STRONG_BUY_WAIT

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-11-02 (59d)

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 PAM stock a buy right now?

Wait for pullback to $84.01. BUY gates pass at $84.74, but sector modifier (Industrials): -0.7 argues for a more patient entry. Engine's entry $84.01 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $105.35 (+24.3%), stop $79.35 (−6.8%), A.R:R 3.1:1. Score 7.5/10, moderate confidence.

What is the PAM stock price target?

Take-profit target: $105.35 (+24.3% upside). Target $105.35 (+24.3%), stop $79.35 (−6.8%), A.R:R 3.1:1. Stop-loss: $79.35.

What are the risks of investing in PAM?

Sector modifier (Industrials): -0.7.

Is PAM overvalued or undervalued?

Pampa Energia S.A. trades at a P/E of 7.9 (forward 7.2). TrendMatrix value score: 9.0/10. Verdict: Buy (Wait for Entry).

What do analysts say about PAM?

11 analysts cover PAM with a consensus score of 4.2/5. Average price target: $121.

What does Pampa Energia S.A. do?Pampa Energía S.A. operates as an integrated power company in Argentina. The company operates through Oil and Gas;...

Pampa Energía S.A. operates as an integrated power company in Argentina. The company operates through Oil and Gas; Generation; Petrochemicals; and Holding, Transportation and Others segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,472 megawatt (MW) installed capacity. The company also explores for and produces oil and gas in the provinces of Neuquén and Río Negro. In addition, it produces petrochemicals, such as styrene, synthetic rubber, and polystyrene. Further, the company operates and maintains a 22,445 km high-voltage electricity transmission network in Argentina. Additionally, it holds a concession for the transportation of natural gas with 9,248 km of gas pipelines in the center, west, and south of Argentina; and processes and sells natural gas liquids in Bahía Blanca in the Province of Buenos Aires, as well as offers related advisory services. Pampa Energía S.A. was formerly known as Pampa Holding S.A. and changed its name to Pampa Energía S.A. in September 2008. The company was incorporated in 1945 and is based in Buenos Aires, Argentina.

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