Patterson-UTI Energy (PTEN) Stock Forecast, Price Target & Predictions
PTEN Stock Forecast
Patterson-UTI Energy (PTEN) stock forecast, based on 53 Wall Street analysts, predicts a 12-month average price target of $13.43, with a high of $16.00 and a low of $12.00. This represents a 3.87% increase from the last price of $12.93.
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%), 28 Buy (52.83%), 18 Hold (33.96%), 6 Sell (11.32%), and 0 Strong Sell (0.00%).
Buy
PTEN Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Patterson-UTI Energy | 3.87% |
| Sector | Energy Stocks | 7.63% |
| Industry | Oil & Gas Drilling Stocks | 10.27% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 6 | 23 |
| Avg Price Target | $12.00 | $13.17 | $10.76 |
| Last Closing Price | $12.93 | $12.93 | $12.93 |
| Upside/Downside | -7.19% | 1.86% | -16.78% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Sep, 26 | 4 | 5 | 6 | - | - | 15 |
| Aug, 26 | 4 | 5 | 5 | - | 1 | 15 |
| Jul, 26 | 3 | 5 | 6 | - | 1 | 15 |
| Jun, 26 | 3 | 5 | 6 | - | 1 | 15 |
| May, 26 | 2 | 5 | 7 | - | 1 | 15 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 20, 2026 | Morgan Stanley | $12.00 | $12.06 | -0.50% | -7.19% | |
| Aug 05, 2026 | Barclays | $16.00 | $10.09 | 58.57% | 23.74% | |
| Aug 03, 2026 | Susquehanna | $13.00 | $10.48 | 24.05% | 0.54% | |
| Jul 15, 2026 | Morgan Stanley | $11.00 | $9.85 | 11.68% | -14.93% | |
| Jul 08, 2026 | Charles Minervino | Susquehanna | $12.00 | $9.15 | 31.15% | -7.19% |
| Jun 16, 2026 | Stephen Gengaro | Stifel Nicolaus | $15.00 | $10.66 | 40.71% | 16.01% |
| Jun 03, 2026 | Goldman Sachs | $13.00 | $12.01 | 8.24% | 0.54% | |
| May 27, 2026 | Piper Sandler | $13.00 | $12.12 | 7.26% | 0.54% | |
| May 27, 2026 | Susquehanna | $14.00 | $12.12 | 15.51% | 8.28% | |
| Apr 27, 2026 | Barclays | $10.00 | $11.33 | -11.74% | -22.66% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2026 | Citigroup | Neutral | Neutral | hold |
| Aug 21, 2026 | Piper Sandler | Overweight | Overweight | hold |
| Aug 20, 2026 | Morgan Stanley | Outperform | Outperform | hold |
| Aug 05, 2026 | Barclays | Overweight | Overweight | hold |
| Aug 03, 2026 | Susquehanna | Positive | Positive | hold |
| Jul 14, 2026 | Piper Sandler | Neutral | Overweight | upgrade |
| Jul 08, 2026 | Susquehanna | Positive | Positive | hold |
| May 27, 2026 | Piper Sandler | Neutral | Neutral | hold |
| May 27, 2026 | Susquehanna | Positive | Positive | hold |
| May 27, 2026 | KeyBanc | Overweight | upgrade |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $-3.37 | $0.72 | $0.88 | $-2.44 | $-0.24 | - | - |
| Avg Forecast | $-1.90 | $0.65 | $1.10 | $0.11 | $-0.12 | $0.15 | $0.58 |
| High Forecast | $-1.76 | $0.67 | $1.34 | $0.17 | $0.03 | $2.21 | $0.61 |
| Low Forecast | $-2.22 | $0.62 | $0.97 | $0.04 | $-0.22 | $-1.51 | $0.55 |
| Surprise % | 77.37% | 10.77% | -20.00% | -2318.18% | 100.00% | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $1.36B | $2.65B | $4.15B | $5.38B | $4.83B | - | - |
| Avg Forecast | $1.33B | $2.62B | $4.18B | $5.45B | $5.15B | $5.36B | $5.59B |
| High Forecast | $1.50B | $2.70B | $4.20B | $5.53B | $5.29B | $5.38B | $5.86B |
| Low Forecast | $1.25B | $2.54B | $4.14B | $5.41B | $4.96B | $5.34B | $5.32B |
| Surprise % | 2.35% | 0.98% | -0.85% | -1.28% | -6.24% | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $-654.54M | $154.66M | $246.29M | $-968.03M | $-93.64M | - | - |
| Avg Forecast | $-619.54M | $-394.36M | $246.29M | $29.62M | $-61.75M | $89.53M | $161.58M |
| High Forecast | $-495.64M | $-280.03M | $317.69M | $48.46M | $9.71M | $618.86M | $170.07M |
| Low Forecast | $-743.45M | $-508.69M | $174.89M | $10.77M | $-62.12M | $-423.44M | $153.09M |
| Surprise % | 5.65% | -139.22% | - | -3368.49% | 51.63% | - | - |