Precision Drilling Corporation (TSX:PD)
Canada flag Canada · Delayed Price · Currency is CAD
110.66
-7.99 (-6.73%)
Jun 24, 2026, 4:00 PM EST

Precision Drilling Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Precision Drilling stock has a consensus rating of "Buy" and an average price target of $151.11. The average 1-year stock price forecast is 36.55% higher than the current stock price, while the lowest is $105.00 (-5.11%) and the highest is $175.00 (+58.14%).

Price Target: $151.11 (+36.55%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$105.00$151.11$160.00$175.00
Change-5.11%+36.55%+44.59%+58.14%
* Price targets were last updated on May 5, 2026.

Analyst Ratings

The average analyst rating for Precision Drilling stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy544344
Buy344444
Hold222222
Sell000000
Strong Sell000000
Total10101091010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Buy
Maintains
$148.71
BuyMaintains$148.71+34.39%May 5, 2026
CIBC
CIBC
Buy
Maintains
$150.00$160.00
BuyMaintains$150.00$160.00+44.59%May 1, 2026
TD Cowen
TD Cowen
Hold
Maintains
$127.00$130.00
HoldMaintains$127.00$130.00+17.48%May 1, 2026
RBC Capital
RBC Capital
Buy
Maintains
$150.00
BuyMaintains$150.00+35.55%May 1, 2026
BMO Capital
BMO Capital
Buy
Reiterates
$160.00$165.00
BuyReiterates$160.00$165.00+49.11%Apr 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.98B
from 1.84B
Increased by 7.56%
Revenue Next Year
2.05B
from 1.98B
Increased by 3.54%
EPS This Year
7.71
from 5.17
Increased by 49.20%
EPS Next Year
11.91
from 7.71
Increased by 54.58%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
986.85M1.62B1.94B1.90B1.84B1.98B
Revenue Growth
5.46%63.88%19.83%-1.83%-3.08%7.56%
Gross Profit
267.70M492.59M733.31M653.64M604.06M622.23M
Gross Margin
27.13%30.46%37.84%34.36%32.76%31.38%
Operating Income
-113.55M32.57M317.56M211.91M171.71M196.00M
Net Income
-177.39M-34.29M289.24M111.20M1.84M91.00M
EPS
----5.177.71
EPS Growth
-----33.85%49.20%
Forward PE
-7.535.6810.3812.8614.36
Free Cash Flow
187.15M197.07M206.20M224.74M142.31M197.37M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High2.1B
Avg2.0B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
13.9%
Avg
7.6%
Low
3.0%

EPS Forecast

EPS202620272028
High10.06
Avg7.71
Low5.78

EPS Growth

EPS Growth202620272028
High
94.7%
Avg
49.2%
Low
11.9%