Pitney Bowes Price Target Raised to $14 by Citizens Jmp

The technology company's stock receives a market outperform rating from the investment firm.

Apr. 18, 2026 at 9:34am

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An extreme close-up of the intricate gears and components inside a Pitney Bowes postage meter, conveying the complex machinery and institutional power of the legacy mailing technology company.The inner workings of Pitney Bowes' mailing equipment highlight the company's enduring role in the financial infrastructure of physical communications.Stamford Today

Pitney Bowes (NYSE: PBI) had its price target increased from $13 to $14 by investment firm Citizens Jmp, which also maintained its market outperform rating on the company's stock. The research report was released on Friday morning.

Why it matters

Pitney Bowes is a longstanding technology company that provides mailing, shipping, and e-commerce solutions to enterprises, small businesses, and government agencies. The updated price target and rating from Citizens Jmp suggests the firm sees potential upside in Pitney Bowes' stock despite some recent analyst downgrades.

The details

Citizens Jmp raised its price target on Pitney Bowes from $13 to $14 per share in a research report published on Friday. The investment firm also maintained its market outperform rating on the company's stock. Other recent analyst actions on Pitney Bowes include Zacks Research cutting its rating to 'hold' and Bank of America initiating coverage with an 'underperform' rating and $9 target.

  • The Citizens Jmp research report was released on Friday, April 18, 2026.
  • Pitney Bowes reported its latest quarterly earnings on Tuesday, February 17, 2026.

The players

Citizens Jmp

An investment firm that covers Pitney Bowes and has raised its price target on the company's stock.

Pitney Bowes

An American technology company that specializes in shipping, mailing, and e-commerce solutions, headquartered in Stamford, Connecticut.

Zacks Research

An equity research firm that recently cut its rating on Pitney Bowes stock to 'hold'.

Bank of America

A major investment bank that recently initiated coverage of Pitney Bowes with an 'underperform' rating and $9 price target.

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What’s next

Investors will be watching to see if Pitney Bowes can meet or exceed its full-year 2026 earnings guidance range of $1.40 to $1.60 per share.

The takeaway

The mixed analyst views on Pitney Bowes reflect the company's ongoing transition as it seeks to adapt its legacy mailing and shipping business to the rise of e-commerce. The updated price target from Citizens Jmp suggests some analysts see potential upside, but the stock will likely remain volatile as Pitney Bowes navigates industry changes.