Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
6.35
-0.09 (-1.40%)
At close: Jun 20, 2025, 4:00 PM
6.43
+0.08 (1.26%)
After-hours: Jun 20, 2025, 6:50 PM EDT
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
The 13 analysts that cover Patterson-UTI Energy stock have a consensus rating of "Buy" and an average price target of $9.85, which forecasts a 55.12% increase in the stock price over the next year. The lowest target is $6.5 and the highest is $14.
Price Target: $9.85 (+55.12%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Hold | 2 | 2 | 2 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +25.98% | Jun 4, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +10.24% | May 28, 2025 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $6.5 | Strong Buy → Hold | Downgrades | $6.5 | +2.36% | May 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +10.24% | May 16, 2025 |
| Barclays | Barclays | Buy Maintains $11 → $8 | Buy | Maintains | $11 → $8 | +25.98% | Apr 28, 2025 |
Financial Forecast
Revenue This Year
5.00B
from 5.38B
Decreased by -7.06%
Revenue Next Year
4.95B
from 5.00B
Decreased by -1.06%
EPS This Year
-0.16
from -2.44
EPS Next Year
-0.11
from -0.16
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.4B | 5.8B | 5.4B |
| Avg | 5.0B | 4.9B | 5.0B |
| Low | 4.7B | 4.4B | 4.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.2% | 17.0% | 10.2% |
| Avg | -7.1% | -1.1% | 0.5% |
| Low | -13.4% | -11.1% | -7.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.01 | 0.29 | 0.39 |
| Avg | -0.16 | -0.11 | 0.21 |
| Low | -0.28 | -0.55 | -0.03 |
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.