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


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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.

$7 $8 $9 $10 $11 $12 High: $11 Avg: $9 Low: $7 Last Closed Price: $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
Total 53 7 19 26 1 Strong Sell Sell Hold Buy Strong Buy

PTEN Price Target Upside V Benchmarks


TypeNameUpside
StockPatterson-UTI Energy-8.35%
SectorEnergy Stocks 0.21%
IndustryOil & Gas Drilling Stocks2.30%

Price Target Trends


1M3M12M
# Anlaysts-610
Avg Price Target-$8.58$8.15
Last Closing Price$9.82$9.82$9.82
Upside/Downside--12.63%-17.01%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 26248-115
Feb, 26347-115
Jan, 26347-115
Dec, 25348--15
Nov, 25348--15
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 09, 2026Piper Sandler$9.00$8.663.93%-8.35%
Feb 09, 2026Eddie KimBarclays$8.00$8.66-7.62%-18.53%
Feb 06, 2026Stephen GengaroStifel Nicolaus$11.00$8.5129.26%12.02%
Feb 06, 2026Susquehanna$10.00$8.1722.40%1.83%
Jan 21, 2026Morgan Stanley$7.00$7.43-5.79%-28.72%
Dec 15, 2025Morgan Stanley$6.50$6.175.35%-33.81%
Oct 24, 2025Stifel Nicolaus$9.00$6.7633.14%-8.35%
Oct 17, 2025Morgan Stanley$6.00$5.567.91%-38.90%
Oct 13, 2025Barclays$6.00$5.3711.73%-38.90%
Mar 26, 2025Daniel KutzMorgan Stanley$9.00$8.575.02%-8.35%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Mar 02, 2026Bank of America SecuritiesBuyBuyhold
Feb 09, 2026Piper SandlerNeutralNeutralhold
Feb 09, 2026CitigroupNeutralNeutralhold
Feb 06, 2026SusquehannaPositivePositivehold
May 19, 2025CitigroupBuyNeutraldowngrade
Oct 16, 2024BarclaysOverweightOverweighthold
Jul 26, 2024RBC CapitalOutperformOutperformhold
Jul 15, 2024Piper SandlerOverweightOverweighthold
Jun 25, 2024CitigroupBuyBuyhold
May 06, 2024Piper SandlerOverweightOverweighthold

Financial Forecast


EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 $3 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-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

$1B $2B $3B $4B $5B $6B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 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

$-1B $-600M $-200M $200M $600M $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-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%--

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, 19 Hold, 7 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 $9 over the next 12 months. The price target range spans from $7 at the low end to $11 at the high end, suggesting a potential -8.35% change from the previous closing price of $9.82.

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

Patterson-UTI Energy's stock forecast shows a -8.35% downside, underperforming the average forecast for the energy stocks sector (0.21%) and underperforming the oil & gas drilling stocks industry (2.30%).

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

  • March 2026: 13.33% Strong Buy, 26.67% Buy, 53.33% Hold, 0% Sell, 6.67% Strong Sell.
  • February 2026: 20.00% Strong Buy, 26.67% Buy, 46.67% Hold, 0% Sell, 6.67% Strong Sell.
  • January 2026: 20.00% Strong Buy, 26.67% Buy, 46.67% Hold, 0% Sell, 6.67% 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 2026 is $0.15, marking a -162.50% decrease from the reported $-0.24 in 2025. Estimates for the following years are.

What is Patterson-UTI Energy’s revenue forecast?

Patterson-UTI Energy's average annual revenue forecast for its fiscal year ending in December 2026 is $5.36B, reflecting a 11.05% increase from the reported $4.83B in 2025. The forecast for.

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

Patterson-UTI Energy's net income forecast for the fiscal year ending in December 2026 stands at $89.53M, representing a -195.62% decrease from the reported $-93.635M in 2025. Projections indicate .