Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
11.34
-0.34 (-2.91%)
At close: Oct 22, 2026, 4:00 PM EDT
11.35
+0.01 (0.09%)
After-hours: Oct 22, 2026, 7:57 PM EDT
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
According to 16 analysts polled by S&P Global, Patterson-UTI Energy stock has a consensus rating of "Buy" and an average price target of $13.93. The average 1-year stock price forecast is 22.84% higher than the current stock price, while the lowest is $12 (+5.82%) and the highest is $19 (+67.55%).
Price Target: $13.93 (+22.84%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 6 | 6 | 6 | 6 | 6 | 7 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $15 | Buy | Maintains | $15 | +32.28% | Oct 18, 2026 |
| Barclays | Barclays | Buy Maintains $16 | Buy | Maintains | $16 | +41.09% | Oct 15, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $12 | Buy | Maintains | $12 | +5.82% | Oct 14, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $12 | Hold | Reiterates | $12 | +5.82% | Oct 14, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains $13 | Buy | Maintains | $13 | +14.64% | Oct 2, 2026 |
Financial Forecast
Revenue This Year
4.93B
from 4.83B
Increased by 2.15%
Revenue Next Year
5.30B
from 4.93B
Increased by 7.54%
EPS This Year
-0.02
from -0.21
EPS Next Year
0.36
from -0.02
EPS and Forward PE are based on non-GAAP adjusted numbers.