Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
5.52
-0.13 (-2.30%)
At close: May 30, 2025, 4:00 PM
5.55
+0.03 (0.54%)
After-hours: May 30, 2025, 7:53 PM EDT
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
According to 13 professional analysts, the 12-month price target for Patterson-UTI Energy stock ranges from a low of $6.50 to a high of $14. The average analyst price target of $9.92 forecasts a 79.71% increase in the stock price over the next year.
Price Target: $9.92 (+79.71%)
Analyst Consensus: Buy
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
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 7 | 7 | 7 | 7 | 7 | 6 |
| Hold | 3 | 2 | 2 | 2 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 13 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +26.81% | May 28, 2025 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $6.5 | Strong Buy → Hold | Downgrades | $6.5 | +17.75% | May 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +26.81% | May 16, 2025 |
| Barclays | Barclays | Buy Maintains $11 → $8 | Buy | Maintains | $11 → $8 | +44.93% | Apr 28, 2025 |
| Stifel | Stifel | Strong Buy Maintains $13 → $12 | Strong Buy | Maintains | $13 → $12 | +117.39% | Apr 15, 2025 |
Financial Forecast
Revenue This Year
5.04B
from 5.38B
Decreased by -6.36%
Revenue Next Year
5.06B
from 5.04B
Increased by 0.40%
EPS This Year
-0.11
from -2.44
EPS Next Year
-0.01
from -0.11
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 5.4B | 5.8B | 5.4B | |
| Avg | 5.0B | 5.1B | 5.1B | |
| Low | 4.7B | 4.5B | 4.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 1.2% | 16.1% | 7.8% | |
| Avg | -6.4% | 0.4% | 0.3% | |
| Low | -13.3% | -10.3% | -9.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.01 | 0.29 | 0.39 |
| Avg | -0.11 | -0.01 | 0.29 |
| Low | -0.20 | -0.11 | 0.20 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.