Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
8.18
-0.01 (-0.12%)
Mar 31, 2025, 9:55 AM EDT - Market open
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Patterson-UTI Energy stock have an average target of 11.88, with a low estimate of 9.00 and a high estimate of 17. The average target predicts an increase of 45.23% from the current stock price of 8.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Patterson-UTI Energy stock from 13 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Buy | 7 | 7 | 7 | 7 | 7 | 7 |
Hold | 3 | 3 | 3 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 14 | 14 | 13 | 13 | 13 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +10.02% | Mar 27, 2025 |
Stifel | Stifel | Strong Buy Maintains $14 → $13 | Strong Buy | Maintains | $14 → $13 | +58.92% | Jan 6, 2025 |
Citigroup | Citigroup | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +22.25% | Oct 31, 2024 |
RBC Capital | RBC Capital | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +34.47% | Oct 25, 2024 |
Raymond James | Raymond James | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +34.47% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
5.01B
from 5.38B
Decreased by -6.88%
Revenue Next Year
5.16B
from 5.01B
Increased by 2.94%
EPS This Year
-0.05
from -2.44
EPS Next Year
0.23
from -0.05
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 5.4B | 5.4B | 5.6B | |
Avg | 5.0B | 5.2B | 5.3B | |
Low | 4.5B | 4.8B | 5.0B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 0.5% | 8.7% | 8.2% | |
Avg | -6.9% | 2.9% | 2.8% | |
Low | -15.7% | -4.7% | -3.5% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | 0.05 | 0.74 | 1.16 |
Avg | -0.05 | 0.23 | 0.86 |
Low | -0.18 | 0.04 | 0.57 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | - | - | 402.1% |
Avg | - | - | 272.4% |
Low | - | - | 147.1% |
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.