Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
12.42
-0.13 (-1.04%)
At close: Sep 4, 2026, 4:00 PM EDT
12.65
+0.23 (1.85%)
After-hours: Sep 4, 2026, 7:59 PM EDT
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
According to 15 analysts polled by S&P Global, Patterson-UTI Energy stock has a consensus rating of "Buy" and an average price target of $13.86. The average 1-year stock price forecast is 11.59% higher than the current stock price, while the lowest is $10.5 (-15.46%) and the highest is $19 (+52.98%).
Price Target: $13.86 (+11.59%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 3 | 3 | 4 | 4 |
| Hold | 8 | 7 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Hold Reiterates $11 → $14 | Hold | Reiterates | $11 → $14 | +8.70% | Sep 4, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $11 → $12 | Hold | Reiterates | $11 → $12 | -3.38% | Aug 20, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $13 → $13 | Buy | Reiterates | $13 → $13 | +4.67% | Aug 20, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Upgrades $12 | Hold | Upgrades | $12 | -3.38% | Aug 5, 2026 |
| Barclays | Barclays | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +28.82% | Aug 5, 2026 |
Financial Forecast
Revenue This Year
4.92B
from 4.83B
Increased by 1.95%
Revenue Next Year
5.27B
from 4.92B
Increased by 7.06%
EPS This Year
-0.02
from -0.21
EPS Next Year
0.33
from -0.02
EPS and Forward PE are based on non-GAAP adjusted numbers.