Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
5.38
-0.23 (-4.10%)
At close: Aug 15, 2025, 4:00 PM
5.48
+0.10 (1.86%)
After-hours: Aug 15, 2025, 7:34 PM EDT

Patterson-UTI Energy Stock Forecast

Stock Price Forecast

The 11 analysts that cover Patterson-UTI Energy stock have a consensus rating of "Buy" and an average price target of $8.27, which forecasts a 53.72% increase in the stock price over the next year. The lowest target is $6.50 and the highest is $11.

Price Target: $8.27 (+53.72%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$6.50$8.27$8.00$11
Change+20.82%+53.72%+48.70%+104.46%

Analyst Ratings

The average analyst rating for Patterson-UTI Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy443322
Buy776644
Hold234455
Sell000000
Strong Sell000000
Total131413131111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Maintains
$8$7
BuyMaintains$8$7+30.11%Jul 29, 2025
Stifel
Stifel
Strong Buy
Maintains
$12$10
Strong BuyMaintains$12$10+85.87%Jul 25, 2025
RBC Capital
RBC Capital
Buy
Maintains
$9$8.5
BuyMaintains$9$8.5+57.99%Jul 25, 2025
Stifel
Stifel
Strong Buy
Maintains
$13$12
Strong BuyMaintains$13$12+123.05%Jul 16, 2025
Piper Sandler
Piper Sandler
Hold
Initiates
$7
HoldInitiates$7+30.11%Jul 15, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
4.88B
from 5.38B
Decreased by -9.31%
Revenue Next Year
4.71B
from 4.88B
Decreased by -3.36%
EPS This Year
-0.19
from -2.44
EPS Next Year
-0.23
from -0.19
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
1.12B1.36B2.65B4.15B5.38B4.88B4.71B4.91B
Revenue Growth
-54.50%20.71%95.10%56.61%29.70%-9.31%-3.36%4.07%
EPS
-4.27-3.360.700.88-2.44-0.19-0.230.21
EPS Growth
---25.71%----
Forward PE
-------25.12
No. Analysts
-----17176
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High5.1B5.2B5.4B
Avg4.9B4.7B4.9B
Low4.6B4.2B4.4B

Revenue Growth

Revenue Growth202520262027
High
-4.5%
6.4%
13.8%
Avg
-9.3%
-3.4%
4.1%
Low
-14.4%
-13.4%
-6.4%

EPS Forecast

EPS202520262027
High-0.040.290.37
Avg-0.19-0.230.21
Low-0.32-0.65-0.03

EPS Growth

EPS Growth202520262027
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.