Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
8.66
+0.49 (6.00%)
At close: Feb 6, 2026, 4:00 PM EST
8.71
+0.05 (0.55%)
After-hours: Feb 6, 2026, 7:54 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 $7.45, which forecasts a -13.97% decrease in the stock price over the next year. The lowest target is $6.00 and the highest is $11.
Price Target: $7.45 (-13.97%)
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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $8 → $9 | Buy | Maintains | $8 → $9 | +3.93% | Feb 6, 2026 |
| Stifel | Stifel | Strong Buy Maintains $9 → $11 | Strong Buy | Maintains | $9 → $11 | +27.02% | Feb 6, 2026 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $7 → $6 | Hold → Sell | Downgrades | $7 → $6 | -30.72% | Dec 10, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | -7.62% | Oct 24, 2025 |
| Barclays | Barclays | Buy → Hold Downgrades $7 → $6 | Buy → Hold | Downgrades | $7 → $6 | -30.72% | Oct 13, 2025 |
Financial Forecast
Revenue This Year
4.61B
from 4.83B
Decreased by -4.57%
Revenue Next Year
4.86B
from 4.61B
Increased by 5.54%
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 | 4.9B | 5.4B | |
| Avg | 4.6B | 4.9B | |
| Low | 4.2B | 4.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.5% | 16.3% | |
| Avg | -4.6% | 5.5% | |
| Low | -13.6% | -4.6% |
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.