Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
10.66
+0.24 (2.30%)
Nov 12, 2026, 12:58 PM EST - Market open
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 $14.73. The average 1-year stock price forecast is 38.18% higher than the current stock price, while the lowest is $11 (+3.19%) and the highest is $19 (+78.24%).
Price Target: $14.73 (+38.18%)
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 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 6 | 6 | 6 | 6 | 7 | 7 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | +3.19% | Nov 10, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $13 | Hold | Reiterates | $13 | +21.95% | Nov 9, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $17 | Buy | Maintains | $17 | +59.47% | Nov 5, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +40.71% | Nov 3, 2026 |
| Susquehanna | Susquehanna | Buy Maintains $13 → $15 | Buy | Maintains | $13 → $15 | +40.71% | Oct 30, 2026 |
Financial Forecast
Revenue This Year
5.04B
from 4.83B
Increased by 4.47%
Revenue Next Year
5.48B
from 5.04B
Increased by 8.76%
EPS This Year
0.03
from -0.21
EPS Next Year
0.44
from 0.03
Increased by 1,478.61%
EPS and Forward PE are based on non-GAAP adjusted numbers.