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 $103.92. The average 1-year stock price forecast is 1.25% lower than the current stock price, while the lowest is $85.88 (-18.39%) and the highest is $116.97 (+11.15%).

Price Target: $103.92 (-1.25%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$85.88	$103.92	$106.41	$116.97
Change	-18.39%	-1.25%	+1.12%	+11.15%

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

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	4	4	4	4	4	5
Buy	4	4	4	4	4	5
Hold	2	2	2	2	2	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Keith Mackey RBC Capital	RBC Capital	Buy Maintains $111 → $122	Buy	Maintains	$111 → $122	+15.68%	Oct 30, 2026
Unknown Analyst Raymond James No rating	Raymond James	Buy Maintains $122 → $125	Buy	Maintains	$122 → $125	+19.08%	Oct 29, 2026
Tim Monachello ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Maintains $122 → $136	Buy	Maintains	$122 → $136	+29.29%	Oct 29, 2026
Jamie Kubik CIBC	CIBC	Buy Maintains $111 → $115	Buy	Maintains	$111 → $115	+8.88%	Oct 29, 2026
John Gibson CFA BMO Capital	BMO Capital	Buy Reiterates $118 → $122	Buy	Reiterates	$118 → $122	+15.68%	Oct 28, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.06B

from 1.84B

11.94%

from 1.84B

Revenue Next Year

2.18B

from 2.06B

5.48%

from 2.06B

EPS This Year

7.64

from 5.17

47.95%

from 5.17

EPS Next Year

12.52

from 7.64

63.86%

from 7.64

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	986.85M	1.62B	1.94B	1.90B	1.84B	2.06B
Revenue Growth	5.46%	63.88%	19.83%	-1.83%	-3.08%	11.94%
Gross Profit	267.70M	492.59M	733.31M	653.64M	604.06M	631.88M
Gross Margin	27.13%	30.46%	37.84%	34.36%	32.76%	30.62%
Operating Income	-113.55M	32.57M	317.56M	211.91M	171.71M	211.00M
Net Income	-177.39M	-34.29M	289.24M	111.20M	1.84M	83.30M
EPS	-	-	-	-	5.17	7.64
EPS Growth	-	-	-	-	-33.85%	47.95%
Forward PE	-	-	-	-	-	19.22
Free Cash Flow	-	-	-	-	149.40M	168.78M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.1B
Avg	2.1B
Low	2.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	13.0%
Avg	11.9%
Low	11.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.15
Avg	7.64
Low	7.14

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	57.7%
Avg	47.9%
Low	38.2%