PJT Partners has a perfect Piotroski F-Score of 9 out of 9, ROE of 37%, and four consecutive earnings beats — but is in a confirmed death cross downtrend with a put-to-call ratio of 5.03, the highest in the dataset, and momentum that has failed all three entry gates.
Thesis pillars
- Extreme Put Call Bearish Positioning→Stable
- Perfect Piotroski Quality→Stable
- Death Cross Confirmed Downtrend→Stable
- +1 more pillar — see the Why tab for full reasoning
PJT Partners Inc. (PJT) Stock Analysis
Momentum Cont setup · Catalyst-Driven edge
Financial Services · Capital Markets
Hold if already holding. Not a fresh buy at $162.99, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining.
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
Hold if already holding. Not a fresh buy at $162.99, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining. Chart setup: Trend continuation, RSI 61, MACD bullish. Downgraded from BUY WAIT — price $162.99 has reached target $160.57. No upside to wait for. Score 6.2/10, moderate confidence.
Passes 8/10 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, news events none recent, earnings proximity 25d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
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.
Show full overview
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.
Recent developments
updated 2026-07-06Recent Developments — PJT Partners Inc.
Latest news
- NEWS PJT Partners (NYSE:PJT) Given New $160.00 Price Target at UBS Group - MarketBeat — MarketBeat positive
- NEWS PJT Partners (NYSE:PJT) Gains Momentum Amid Strong Trends - Kalkine Media — Kalkine Media positive
- NEWS Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for PJT Partners (NYSE:PJT) Stock - MarketBeat — MarketBeat positive
- NEWS PJT Partners Q1 Earnings Call Highlights - MarketBeat — MarketBeat neutral
- NEWS Price to earnings forward of PJT Partners, Inc. Class A – DUS:1PJ - TradingView — TradingView neutral
Generated 2026-07-06T05:40:27Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
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.
Show full disclosure ▾Hide full disclosure ▴
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.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
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.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $162.99, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining. Chart setup: Trend continuation, RSI 61, MACD bullish. Downgraded from BUY WAIT — price $162.99 has reached target $160.57. No upside to wait for. Target $160.57 (-1.5%), stop $138.20 (−17.9%), A.R:R -0.7:1. Score 6.2/10, moderate confidence.
Take-profit target: $160.57 (+10.4% upside). Target $160.57 (-1.5%), stop $138.20 (−17.9%), A.R:R -0.7:1. Stop-loss: $138.20.
Analyst target reached - limited upside remaining.
PJT Partners Inc. trades at a P/E of 23.7 (forward 19.1). TrendMatrix value score: 5.7/10. Verdict: Hold.
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.