Dril-Quip, Inc. (DRQ)
NYSE: DRQ · IEX Real-Time Price · USD
18.22
-0.45 (-2.41%)
May 23, 2024, 4:00 PM EDT - Market closed

Dril-Quip Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Dril-Quip stock have an average target of 30.5, with a low estimate of 21 and a high estimate of 40. The average target predicts an increase of 67.40% from the current stock price of 18.22.

Analyst Consensus: Hold
Target Low Average Median High
Price $21 $30.5 $40 $40
Change +15.26% +67.40% +119.54% +119.54%

Analyst Ratings

The average analyst rating for Dril-Quip stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 000000
Buy 001111
Hold 000000
Sell 111111
Strong Sell 000000
Total 112222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Maintains
$22$21
Sell Maintains $22$21 +15.26% May 14, 2024
Barclays
Barclays
Sell
Maintains
$23$22
Sell Maintains $23$22 +20.75% Feb 29, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$44$40
Buy Maintains $44$40 +119.54% Feb 28, 2024
Barclays
Barclays
Sell
Maintains
$26$23
Sell Maintains $26$23 +26.23% Nov 2, 2023
Barclays
Barclays
Sell
Maintains
$25$26
Sell Maintains $25$26 +42.70% Aug 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
501.97M
from 424.06M
Increased by 18.37%
Revenue Next Year
556.01M
from 501.97M
Increased by 10.77%
EPS This Year
0.69
from 0.02
Increased by 3,326.42%
EPS Next Year
1.00
from 0.69
Increased by 46.43%
Year 2019202020212022202320242025202620272028
Revenue
414.81M364.97M322.45M361.92M424.06M501.97M556.01M564.59M724.17M766.59M
Revenue Growth
7.85%-12.01%-11.65%12.24%17.17%18.37%10.77%1.54%28.26%5.86%
EPS
0.05-0.87-3.63-0.050.020.691.001.291.471.66
EPS Growth
-----3,326.42%46.43%28.84%14.06%12.33%
No. Analysts -----44322
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 524.0M 603.8M 587.0M 752.9M 797.0M
Avg 502.0M 556.0M 564.6M 724.2M 766.6M
Low 485.1M 515.5M 547.8M 702.7M 743.8M

Revenue Growth

Revenue Growth 20242025202620272028
High
23.6%
20.3%
5.6%
33.3%
10.1%
Avg
18.4%
10.8%
1.5%
28.3%
5.9%
Low
14.4%
2.7%
-1.5%
24.5%
2.7%

EPS Forecast

EPS 20242025202620272028
High 0.74 1.12 1.34 1.53 1.72
Avg 0.69 1.00 1.29 1.47 1.66
Low 0.64 0.90 1.25 1.43 1.61

EPS Growth

EPS Growth 20242025202620272028
High
3,575.0%
63.9%
33.9%
18.6%
16.8%
Avg
3,326.4%
46.4%
28.8%
14.1%
12.3%
Low
3,119.3%
31.1%
25.0%
10.7%
9.0%
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.