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 $9.00, with a high of $11.00 and a low of $7.00. This represents a -8.35% decline from the last price of $9.82.
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%), 19 Hold (35.85%), 7 Sell (13.21%), and 0 Strong Sell (0.00%).
Buy
PTEN Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Patterson-UTI Energy | -8.35% |
| Sector | Energy Stocks | 0.21% |
| Industry | Oil & Gas Drilling Stocks | 2.30% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 6 | 10 |
| Avg Price Target | - | $8.58 | $8.15 |
| Last Closing Price | $9.82 | $9.82 | $9.82 |
| Upside/Downside | - | -12.63% | -17.01% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Mar, 26 | 2 | 4 | 8 | - | 1 | 15 |
| Feb, 26 | 3 | 4 | 7 | - | 1 | 15 |
| Jan, 26 | 3 | 4 | 7 | - | 1 | 15 |
| Dec, 25 | 3 | 4 | 8 | - | - | 15 |
| Nov, 25 | 3 | 4 | 8 | - | - | 15 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 09, 2026 | Piper Sandler | $9.00 | $8.66 | 3.93% | -8.35% | |
| Feb 09, 2026 | Eddie Kim | Barclays | $8.00 | $8.66 | -7.62% | -18.53% |
| Feb 06, 2026 | Stephen Gengaro | Stifel Nicolaus | $11.00 | $8.51 | 29.26% | 12.02% |
| Feb 06, 2026 | Susquehanna | $10.00 | $8.17 | 22.40% | 1.83% | |
| Jan 21, 2026 | Morgan Stanley | $7.00 | $7.43 | -5.79% | -28.72% | |
| Dec 15, 2025 | Morgan Stanley | $6.50 | $6.17 | 5.35% | -33.81% | |
| Oct 24, 2025 | Stifel Nicolaus | $9.00 | $6.76 | 33.14% | -8.35% | |
| Oct 17, 2025 | Morgan Stanley | $6.00 | $5.56 | 7.91% | -38.90% | |
| Oct 13, 2025 | Barclays | $6.00 | $5.37 | 11.73% | -38.90% | |
| Mar 26, 2025 | Daniel Kutz | Morgan Stanley | $9.00 | $8.57 | 5.02% | -8.35% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Mar 02, 2026 | Bank of America Securities | Buy | Buy | hold |
| Feb 09, 2026 | Piper Sandler | Neutral | Neutral | hold |
| Feb 09, 2026 | Citigroup | Neutral | Neutral | hold |
| Feb 06, 2026 | Susquehanna | Positive | Positive | hold |
| May 19, 2025 | Citigroup | Buy | Neutral | downgrade |
| Oct 16, 2024 | Barclays | Overweight | Overweight | hold |
| Jul 26, 2024 | RBC Capital | Outperform | Outperform | hold |
| Jul 15, 2024 | Piper Sandler | Overweight | Overweight | hold |
| Jun 25, 2024 | Citigroup | Buy | Buy | hold |
| May 06, 2024 | Piper Sandler | Overweight | Overweight | hold |
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% | - | - |