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Patterson-UTI Energy (PTEN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PTEN Stock Forecast

Patterson-UTI Energy (PTEN) stock forecast, based on 53 Wall Street analysts, predicts a 12-month average price target of $7.00, with a high of $9.00 and a low of $6.00. This represents a 6.71% increase from the last price of $6.56.

$6 $7 $8 $9 $10 $11 $12 High: $9 Avg: $7 Low: $6 Last Closed Price: $6.56

PTEN Stock Rating

Patterson-UTI Energy stock's rating consensus is Buy, based on 53 Wall Street analysts. The breakdown includes 1 Strong Buy (1.89%), 26 Buy (49.06%), 20 Hold (37.74%), 6 Sell (11.32%), and 0 Strong Sell (0.00%).

Buy
Total 53 6 20 26 1 Strong Sell Sell Hold Buy Strong Buy

PTEN Price Target Upside V Benchmarks

TypeNameUpside
StockPatterson-UTI Energy6.71%
SectorEnergy Stocks 20.48%
IndustryOil & Gas Drilling Stocks18.43%

Price Target Trends

1M3M12M
# Anlaysts335
Avg Price Target$7.00$7.00$8.60
Last Closing Price$6.56$6.56$6.56
Upside/Downside6.71%6.71%31.10%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 25456--15
Sep, 25466--16
Aug, 25466--16
Jul, 25465--15
Jun, 25555--15
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2025Stifel Nicolaus$9.00$6.7633.14%37.20%
Oct 17, 2025Morgan Stanley$6.00$5.567.91%-8.54%
Oct 13, 2025Barclays$6.00$5.3711.73%-8.54%
Mar 26, 2025Daniel KutzMorgan Stanley$9.00$8.575.02%37.20%
Jan 06, 2025Stephen GengaroStifel Nicolaus$13.00$8.6250.81%98.17%
Oct 16, 2024David AndersonBarclays$12.00$7.8952.09%82.93%
Oct 14, 2024Saurabh PantBank of America Securities$10.50$8.2926.66%60.06%
Jul 16, 2024Stephen GengaroStifel Nicolaus$16.00$10.4952.53%143.90%
Jul 15, 2024Luke LemoinePiper Sandler$12.00$10.2417.19%82.93%
May 06, 2024Luke LemoinePiper Sandler$14.00$10.6930.96%113.41%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 19, 2025CitigroupBuyNeutraldowngrade
Oct 16, 2024BarclaysOverweightOverweighthold
Jul 26, 2024RBC CapitalOutperformOutperformhold
Jul 15, 2024Piper SandlerOverweightOverweighthold
Jun 25, 2024CitigroupBuyBuyhold
May 06, 2024Piper SandlerOverweightOverweighthold
May 03, 2024RBC CapitalUnderperformUnderperformhold
Apr 02, 2024CFRAStrong Buyupgrade
Apr 01, 2024RBC CapitalUnderperformUnderperformhold
Feb 16, 2024Raymond JamesStrong BuyStrong Buyhold

Financial Forecast

EPS Forecast

$-5 $-4 $-3 $-2 $-1 $0 $1 $2 $3 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-4.27$-3.37$0.72$0.88$-2.44---
Avg Forecast$-2.26$-1.90$0.65$1.10$0.11$-0.12$0.15$0.58
High Forecast$-2.10$-1.76$0.67$1.34$0.17$0.03$2.21$0.61
Low Forecast$-2.65$-2.22$0.62$0.97$0.04$-0.22$-1.51$0.55
Surprise %88.94%77.37%10.77%-20.00%-2318.18%---

Revenue Forecast

$1B $2B $3B $4B $5B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.12B$1.36B$2.65B$4.15B$5.38B---
Avg Forecast$1.12B$1.33B$2.62B$4.18B$5.45B$5.15B$5.36B$5.59B
High Forecast$1.26B$1.50B$2.70B$4.20B$5.53B$5.29B$5.38B$5.86B
Low Forecast$1.05B$1.25B$2.54B$4.14B$5.41B$4.96B$5.34B$5.32B
Surprise %0.60%2.35%0.98%-0.85%-1.28%---

Net Income Forecast

$-2B $-1B $-500M $0 $500M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-803.69M$-657.08M$154.66M$246.29M$-968.03M---
Avg Forecast$-847.54M$-619.54M$-394.36M$246.29M$29.62M$-61.75M$89.53M$161.58M
High Forecast$-678.03M$-495.64M$-280.03M$317.69M$48.46M$9.71M$618.86M$170.07M
Low Forecast$-1.02B$-743.45M$-508.69M$174.89M$10.77M$-62.12M$-423.44M$153.09M
Surprise %-5.17%6.06%-139.22%--3368.49%---

PTEN Forecast FAQ

Is Patterson-UTI Energy stock a buy?

Patterson-UTI Energy stock has a consensus rating of Buy, based on 53 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 26 Buy, 20 Hold, 6 Sell, and 0 Strong Sell, reflecting a consensus that Patterson-UTI Energy is a favorable investment for most analysts.

What is Patterson-UTI Energy's price target?

Patterson-UTI Energy's price target, set by 53 Wall Street analysts, averages $7 over the next 12 months. The price target range spans from $6 at the low end to $9 at the high end, suggesting a potential 6.71% change from the previous closing price of $6.56.

How does Patterson-UTI Energy stock forecast compare to its benchmarks?

Patterson-UTI Energy's stock forecast shows a 6.71% upside, underperforming the average forecast for the energy stocks sector (20.48%) and underperforming the oil & gas drilling stocks industry (18.43%).

What is the breakdown of analyst ratings for Patterson-UTI Energy over the past three months?

  • October 2025: 26.67% Strong Buy, 33.33% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • September 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • August 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.

What is Patterson-UTI Energy’s EPS forecast?

Patterson-UTI Energy's average annual EPS forecast for its fiscal year ending in December 2025 is $-0.12, marking a -95.08% decrease from the reported $-2.44 in 2024. Estimates for the following years are $0.15 in 2026, and $0.58 in 2027.

What is Patterson-UTI Energy’s revenue forecast?

Patterson-UTI Energy's average annual revenue forecast for its fiscal year ending in December 2025 is $5.15B, reflecting a -4.28% decrease from the reported $5.38B in 2024. The forecast for 2026 is $5.36B, and $5.59B for 2027.

What is Patterson-UTI Energy’s net income forecast?

Patterson-UTI Energy's net income forecast for the fiscal year ending in December 2025 stands at $-61.751M, representing a -93.62% decrease from the reported $-968M in 2024. Projections indicate $89.53M in 2026, and $161.58M in 2027.