1986 Prairie View A&M Panthers football team

The 1986 Prairie View A&M Panthers football team represented Prairie View A&M University as a member of the Southwestern Athletic Conference (SWAC) during the 1986 NCAA Division I-AA football season. Led by third-year head coach Conway Hayman, the Panthers compiled an overall record of 3–8 and a mark of 1–6 in conference play, and finished eighth in the SWAC.