​

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 $12.29, with a high of $14.00 and a low of $10.00. This represents a 6.96% increase from the last price of $11.49.

$7 $8 $9 $10 $11 $12 $13 $14 High: $14 Avg: $12.29 Low: $10 Last Closed Price: $11.49

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%), 27 Buy (50.94%), 18 Hold (33.96%), 7 Sell (13.21%), and 0 Strong Sell (0.00%).

Buy
Total 53 7 18 27 1 Strong Sell Sell Hold Buy Strong Buy

PTEN Price Target Upside V Benchmarks

TypeNameUpside
StockPatterson-UTI Energy6.96%
SectorEnergy Stocks 7.70%
IndustryOil & Gas Drilling Stocks11.05%

Price Target Trends

1M3M12M
# Anlaysts3817
Avg Price Target$13.33$12.00$9.91
Last Closing Price$11.49$11.49$11.49
Upside/Downside16.01%4.44%-13.75%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26356-115
May, 26257-115
Apr, 26248-115
Mar, 26248-115
Feb, 26347-115
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 03, 2026Goldman Sachs$13.00$12.018.24%13.14%
May 27, 2026Piper Sandler$13.00$12.127.26%13.14%
May 27, 2026Susquehanna$14.00$12.1215.51%21.85%
Apr 27, 2026Barclays$10.00$11.33-11.74%-12.97%
Apr 24, 2026Stifel Nicolaus$14.00$11.1425.67%21.85%
Apr 20, 2026Capital One Financial$12.00$9.7223.46%4.44%
Apr 15, 2026Joe LaetschMorgan Stanley$10.00$9.881.21%-12.97%
Apr 15, 2026Piper Sandler$10.00$9.881.21%-12.97%
Feb 09, 2026Piper Sandler$9.00$8.663.93%-21.67%
Feb 09, 2026Eddie KimBarclays$8.00$8.66-7.62%-30.37%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 27, 2026Piper SandlerNeutralNeutralhold
May 27, 2026SusquehannaPositivePositivehold
May 27, 2026KeyBancOverweightupgrade
Apr 24, 2026RBC CapitalOutperformOutperformhold
Apr 15, 2026CitigroupNeutralNeutralhold
Apr 15, 2026Piper SandlerNeutralNeutralhold
Mar 02, 2026Bank of America SecuritiesBuyBuyhold
Feb 09, 2026Piper SandlerNeutralNeutralhold
Feb 09, 2026CitigroupNeutralNeutralhold
Feb 06, 2026SusquehannaPositivePositivehold

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, 27 Buy, 18 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 $12.29 over the next 12 months. The price target range spans from $10 at the low end to $14 at the high end, suggesting a potential 6.96% change from the previous closing price of $11.49.

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

Patterson-UTI Energy's stock forecast shows a 6.96% upside, underperforming the average forecast for the energy stocks sector (7.70%) and underperforming the oil & gas drilling stocks industry (11.05%).

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

  • June 2026: 20.00% Strong Buy, 33.33% Buy, 40.00% Hold, 0% Sell, 6.67% Strong Sell.
  • May 2026: 13.33% Strong Buy, 33.33% Buy, 46.67% Hold, 0% Sell, 6.67% Strong Sell.
  • April 2026: 13.33% Strong Buy, 26.67% Buy, 53.33% 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 .