Precision Drilling Corporation (TSX:PD)
Canada flag Canada · Delayed Price · Currency is CAD
120.02
+0.41 (0.34%)
Oct 9, 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 $152.63. The average 1-year stock price forecast is 27.17% higher than the current stock price, while the lowest is $116.00 (-3.35%) and the highest is $170.00 (+41.64%).

Price Target: $152.63 (+27.17%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$116.00$152.63$155.00$170.00
Change-3.35%+27.17%+29.15%+41.64%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy444444
Hold222222
Sell000000
Strong Sell000000
Total101010101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$165.00
BuyMaintains$165.00+37.48%Oct 8, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Buy
Maintains
$160.00
BuyMaintains$160.00+33.31%Sep 18, 2026
CIBC
CIBC
Buy
Maintains
$160.00 → $155.00
BuyMaintains$160.00 → $155.00+29.15%Jul 30, 2026
RBC Capital
RBC Capital
Buy
Maintains
$155.00
BuyMaintains$155.00+29.15%Jul 30, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$149.68
BuyMaintains$149.68+24.71%Jul 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.05B
from 1.84B
Increased by 11.01%
Revenue Next Year
2.15B
from 2.05B
Increased by 4.98%
EPS This Year
6.59
from 5.17
Increased by 27.52%
EPS Next Year
12.12
from 6.59
Increased by 84.04%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
986.85M1.62B1.94B1.90B1.84B2.05B
Revenue Growth
5.46%63.88%19.83%-1.83%-3.08%11.01%
Gross Profit
267.70M492.59M733.31M653.64M604.06M631.04M
Gross Margin
27.13%30.46%37.84%34.36%32.76%30.83%
Operating Income
-113.55M32.57M317.56M211.91M171.71M168.40M
Net Income
-177.39M-34.29M289.24M111.20M1.84M89.40M
EPS
----5.176.59
EPS Growth
-----33.85%27.52%
Forward PE
24.507.535.6810.3812.8618.22
Free Cash Flow
----149.40M174.81M
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
Low2.0B

Revenue Growth

Revenue Growth202620272028
High
15.3%
Avg
11.0%
Low
6.1%

EPS Forecast

EPS202620272028
High7.70
Avg6.59
Low5.72

EPS Growth

EPS Growth202620272028
High
49.1%
Avg
27.5%
Low
10.7%