EL7.AI
Stocks•14 July 2026•
1 min read

PJT Partners Rated Buy on Record M&A Pipeline and Growth

Key Facts

1PJT Partners is rated BUY, trading at 11.5x forward EV/EBITDA, significantly below its recent peak of 19x.
2The company reported strong 1Q26 results and a record M&A pipeline despite weakness in the private equity market.

Amid a resurgence in financial advisory services, PJT Partners has been identified as a compelling buy opportunity. The company is currently trading at a forward EV/EBITDA multiple of 11.5x, significantly below its historical peak of 19x. This rating follows robust first-quarter results for 2026, where the firm reported a record M&A pipeline despite broader weaknesses in the private equity sector.

The bullish outlook is supported by PJT's diversified advisory model and its aggressive strategy of hiring senior partners, which has driven EBITDA growth above the sector median. In comparison to peers, firms like Evercore and Lazard have also signaled a recovery in global deal-making activity in their recent earnings reports, suggesting a broader sector tailwind (per market data).

Looking ahead, investors are focused on the sustainability of deal flows amidst shifting monetary conditions, with the FOMC Minutes scheduled for release on July 8, 2026, likely providing clues on future financing costs.