Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
8.51
+0.10 (1.19%)
At close: Feb 27, 2026, 4:00 PM EST
8.52
+0.01 (0.12%)
After-hours: Feb 27, 2026, 7:58 PM EST
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
The 10 analysts that cover Patterson-UTI Energy stock have a consensus rating of "Hold" and an average price target of $7.90, which forecasts a -7.17% decrease in the stock price over the next year. The lowest target is $6.00 and the highest is $11.
Price Target: $7.90 (-7.17%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Patterson-UTI Energy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 6 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $7 → $9 | Hold | Maintains | $7 → $9 | +5.76% | Feb 9, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $7 → $9 | Hold | Maintains | $7 → $9 | +5.76% | Feb 9, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $8 → $9 | Buy | Maintains | $8 → $9 | +5.76% | Feb 6, 2026 |
| Stifel | Stifel | Strong Buy Maintains $9 → $11 | Strong Buy | Maintains | $9 → $11 | +29.26% | Feb 6, 2026 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $7 → $6 | Hold → Sell | Downgrades | $7 → $6 | -29.49% | Dec 10, 2025 |
Financial Forecast
Revenue This Year
4.56B
from 4.83B
Decreased by -5.63%
Revenue Next Year
4.73B
from 4.56B
Increased by 3.73%
EPS This Year
-0.36
from -0.24
EPS Next Year
-0.08
from -0.36
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.8B | 5.2B | |
| Avg | 4.6B | 4.7B | |
| Low | 4.2B | 4.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.3% | 14.8% | |
| Avg | -5.6% | 3.7% | |
| Low | -12.2% | -5.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.19 | 0.36 | |
| Avg | -0.36 | -0.08 | |
| Low | -0.56 | -0.46 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
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.