Precision Drilling Corporation (TSX:PD)
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
* 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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 3 | 4 | 4 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $148.71 | Buy | Maintains | $148.71 | +34.39% | May 5, 2026 |
| CIBC | CIBC | Buy Maintains $150.00 → $160.00 | Buy | Maintains | $150.00 → $160.00 | +44.59% | May 1, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $127.00 → $130.00 | Hold | Maintains | $127.00 → $130.00 | +17.48% | May 1, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $150.00 | Buy | Maintains | $150.00 | +35.55% | May 1, 2026 |
| BMO Capital | BMO Capital | Buy Reiterates $160.00 → $165.00 | Buy | Reiterates | $160.00 → $165.00 | +49.11% | Apr 30, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.1B | ||
| Avg | 2.0B | ||
| Low | 1.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 13.9% | ||
| Avg | 7.6% | ||
| Low | 3.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 10.06 | ||
| Avg | 7.71 | ||
| Low | 5.78 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 94.7% | ||
| Avg | 49.2% | ||
| Low | 11.9% |