Patterson-UTI Energy, Inc. (PTEN) Stock Forecast
Data as of May 2, 2026Energy · Current price $11.96 (-2.17%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Apr 15, 2026 | Joe Laetsch | Morgan Stanley | $10.00 | -16.4% |
| Feb 9, 2026 | Eddie Kim | Barclays | $8.00 | -33.1% |
| Feb 6, 2026 | Stephen Gengaro | Stifel Nicolaus | $11.00 | -8.0% |
| Mar 26, 2025 | Daniel Kutz | Morgan Stanley | $9.00 | -24.7% |
| Jan 6, 2025 | Stephen Gengaro | Stifel Nicolaus | $13.00 | +8.7% |
| Oct 16, 2024 | David Anderson | Barclays | $12.00 | +0.4% |
| Oct 14, 2024 | Saurabh Pant | Bank of America Securities | $10.50 | -12.2% |
| Jul 16, 2024 | Stephen Gengaro | Stifel Nicolaus | $16.00 | +33.8% |
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $12.00 | +0.4% |
| May 6, 2024 | Luke Lemoine | Piper Sandler | $14.00 | +17.1% |
| Feb 11, 2022 | Keith Mackey | RBC Capital | $14.00 | +17.1% |
Top Analysts Covering PTEN
PTEN vs Sector & Market
| Metric | PTEN | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.65 | 2.53 | 2.41 |
| Analyst Count | 17 | 10 | 18 |
| Target Upside | -8.0% | +33.7% | +14.9% |
| P/E Ratio | -37.62 | 31.05 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $1.10B | $1.12B | $1.16B | 5 |
| 2026-09-30 | $1.12B | $1.15B | $1.17B | 5 |
| 2026-12-31 | $1.10B | $1.12B | $1.14B | 2 |
| 2027-03-31 | $1.13B | $1.15B | $1.18B | 2 |
| 2027-06-30 | $1.17B | $1.19B | $1.22B | 2 |
| 2027-09-30 | $1.20B | $1.22B | $1.24B | 2 |
| 2027-12-31 | $1.15B | $1.17B | $1.19B | 2 |
| 2028-12-31 | $4.85B | $4.85B | $4.85B | 4 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $-0.10 | $-0.08 | $-0.04 | 4 |
| 2026-09-30 | $-0.07 | $-0.05 | $-0.01 | 4 |
| 2026-12-31 | $-0.07 | $-0.07 | $-0.07 | 2 |
| 2027-03-31 | $-0.06 | $-0.06 | $-0.06 | 2 |
| 2027-06-30 | $-0.02 | $-0.02 | $-0.02 | 1 |
| 2027-09-30 | $0.01 | $0.01 | $0.01 | 1 |
| 2027-12-31 | $-0.03 | $-0.03 | $-0.03 | 2 |
| 2028-12-31 | $0.33 | $0.45 | $0.56 | 2 |
Frequently Asked Questions
What is the analyst consensus for PTEN?
The consensus among 17 analysts covering Patterson-UTI Energy, Inc. (PTEN) is Hold with an average price target of $10.67.
What is the highest price target for PTEN?
The highest price target for PTEN is $16.00, set by Stephen Gengaro at Stifel Nicolaus on 2024-07-16.
What is the lowest price target for PTEN?
The lowest price target for PTEN is $8.00, set by Eddie Kim at Barclays on 2026-02-09.
How many analysts cover PTEN?
17 analysts have issued ratings for Patterson-UTI Energy, Inc. in the past 12 months.
Is PTEN a buy or sell right now?
Based on 17 analyst ratings, PTEN has a consensus rating of Hold (2.65/5) with a -8.0% upside to the consensus target of $10.67.
What are the earnings estimates for PTEN?
Analysts estimate PTEN will report EPS of $-0.08 for the period ending 2026-06-30, with revenue estimated at $1.12B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.