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↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 26, 2026
PJT Partners Inc. (PJT) Stock Analysis
Recovery setup
Financial Services · Capital Markets
Wait for pullback to $133.75. Price sits above the model's entry target of $133.75; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk).
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
Wait for pullback to $133.75. Price sits above the model's entry target of $133.75; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk). Chart setup: Death cross but MACD improving, RSI 70. Fundamentals strong but target reached (-5.8% upside). Wait for pullback. Score 6.5/10, high confidence.
Passes 6/9 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 4d<=7d. 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.
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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.
Recent developments
updated 2026-10-29Recent Developments — PJT Partners Inc.
Latest news
- NEWS Hertz Taps PJT Partners to Extend Debt as Maturities Loom - Bloomberg.com — Bloomberg.com neutral
- NEWS Hertz Taps PJT Partners to Extend Debt as Maturities Loom - bloomberg.com — bloomberg.com neutral
- NEWS Net debt of PJT Partners, Inc. Class A – HAN:1PJ - TradingView — TradingView neutral
- NEWS Net debt of PJT Partners, Inc. Class A – HAN:1PJ - tradingview.com — tradingview.com neutral
- NEWS PJT Partners Q2 2026 Earnings: EPS Surges Past Estimates as Stock Dips - Strong Earnings Momentum - dars.gov.et — dars.gov.et positive
Generated 2026-10-29T11:14:35Z.
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. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
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
Wait for pullback to $133.75. Price sits above the model's entry target of $133.75; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk). Chart setup: Death cross but MACD improving, RSI 70. Fundamentals strong but target reached (-5.8% upside). Wait for pullback. Analyst target $140.16 reached (−5.8%), stop $127.43 (−16.8%), A.R:R -0.5:1. Score 6.5/10, high confidence.
Analyst target $140.16 reached (−5.8% from $148.87); no take-profit level is published. Analyst target $140.16 reached (−5.8%), stop $127.43 (−16.8%), A.R:R -0.5:1. Stop-loss: $127.43.
Analyst target reached - limited upside remaining; Earnings in 4 days (event risk); Below 200-MA, MA slope -2.7%/30d (confirmed downtrend).
PJT Partners Inc. trades at a P/E of 20.3 (forward 17.1). TrendMatrix value score: 6.1/10. Verdict: Buy (Wait for Entry).
11 analysts cover PJT with a consensus score of 3.5/5. Average price target: $161.
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.