ProFrac Holding Corp. (ACDC)
NASDAQ: ACDC · IEX Real-Time Price · USD
8.22
-0.03 (-0.36%)
Apr 24, 2024, 10:19 AM EDT - Market open
ProFrac Holding Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for ProFrac Holding stock have an average target of 13.42, with a low estimate of 9.50 and a high estimate of 18. The average target predicts an increase of 63.26% from the current stock price of 8.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ACDC stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $8.5 → $9.5 | Hold | Maintains | $8.5 → $9.5 | +15.57% | Apr 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +21.65% | Mar 14, 2024 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 2, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $16 → $14 | Buy | Maintains | $16 → $14 | +70.32% | Nov 13, 2023 |
| Stifel | Stifel | Strong Buy Maintains $13 → $14 | Strong Buy | Maintains | $13 → $14 | +70.32% | Nov 13, 2023 |
Financial Forecast
Revenue This Year
2.78B
from 2.63B
Increased by 5.74%
Revenue Next Year
3.03B
from 2.78B
Increased by 9.10%
EPS This Year
0.96
from -0.82
EPS Next Year
1.67
from 0.96
Increased by 73.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.5B | 3.2B |
| Avg | 2.8B | 3.0B | 3.1B |
| Low | 2.6B | 2.8B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 26.4% | 5.7% |
| Avg | 5.7% | 9.1% | 2.6% |
| Low | -2.6% | -0.5% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.50 | 2.04 | 2.40 |
| Avg | 0.96 | 1.67 | 2.34 |
| Low | 0.53 | 1.31 | 2.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 111.7% | 44.4% |
| Avg | - | 73.1% | 40.3% |
| Low | - | 36.5% | 34.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.