Why Plains All American Pipeline, L.P. (PAA) stock moved
Plains All American Pipeline, L.P. (PAA) shares fell 2.9% to $23.81 as of November 6, 2026, a moderate decline from the prior close of $24.53. BestStocks flagged the session as a major change for PAA. The move is tied to an earnings miss. Below, we break down what changed for PAA, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
Earnings Miss
Plains All American Pipeline, L.P. (PAA) reported EPS of -$0.04 vs. consensus estimate of $0.41 for Q3 FY2026, a miss of 109.7%. Monitor PAA's Q4 2026 guidance and management commentary on the drivers of the Q3 loss, as well as any capital allocation or distribution policy updates.
What it means for Plains All American Pipeline, L.P. investors
For Plains All American Pipeline, L.P. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum. Weighing against that: Earnings missed expectations; Negative session, down 2.9%. Wall Street's consensus price target sits at $27.44, implying +15.2% upside from $23.81. BestStocks rates the overall signal quality medium (60/100). With earnings due imminently, the next report is the most likely near-term test of the move.
PAA price reaction
PAA last traded at $23.81, down $0.72 (-2.94%) from the previous close of $24.53. The session traded on 0.6× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $23.81 and $26.92, and it currently sits about 0% of the way up that band.
Bullish and bearish analyst opinions on Plains All American Pipeline, L.P. (PAA)
The consensus analyst price target on Plains All American Pipeline, L.P. (PAA) is $27.44, 15.2% above the recent $23.81. Over the past 90 days analysts logged 0 upgrades, 10 maintains, and 0 downgrades. Here is how the bullish and bearish cases on PAA line up.
The bullish case
- Wall Street's consensus price target of $27.44 implies +15.2% upside from $23.81.
- The Street's most bullish target is $31.00 (+30.2%).
- Positive price momentum.
The bearish case
- Earnings missed expectations.
- Negative session, down 2.9%.
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Nov 6, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for PAA
Frequently asked questions about PAA
Why did Plains All American Pipeline, L.P. (PAA) stock move?
PAA fell 2.9% to $23.81. The move is associated with an earnings miss.
How much did PAA stock fall?
PAA lost 2.94% ($0.72) versus the prior close of $24.53, last trading at $23.81 on 0.6× average volume.
When is Plains All American Pipeline, L.P.'s next earnings date?
PAA's next earnings report is scheduled for 2026-11-06 — about 0 days away.
What is the analyst price target for PAA?
The consensus analyst price target for PAA is $27.44, about 15.2% above the current $23.81. Over the past 90 days, analysts recorded 0 upgrades, 10 maintains, and 0 downgrades.
How BestStocks tracks PAA
This page is generated automatically by BestStocks' change-detection system after an earnings miss was detected and verified against independent data sources. It draws on 20 tracked change events for PAA, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 6, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.