Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
9.76
-0.44 (-4.31%)
Jul 27, 2026, 10:29 AM EDT - Market open
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. The average 1-year stock price forecast is 33.20% higher than the current stock price, while the lowest is $8.00 (-18.03%) and the highest is $19 (+94.67%).
Price Target: $13 (+33.20%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 8 | 8 | 7 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Reiterates $15 | Buy | Reiterates | $15 | +53.69% | Jul 16, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +12.70% | Jul 15, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $14 → $13 | Buy | Reiterates | $14 → $13 | +28.07% | Jul 15, 2026 |
| Piper Sandler | Piper Sandler | Buy Upgrades $13 | Buy | Upgrades | $13 | +33.20% | Jul 14, 2026 |
| Susquehanna | Susquehanna | Buy Maintains $14 → $12 | Buy | Maintains | $14 → $12 | +22.95% | Jul 8, 2026 |
Financial Forecast
Revenue This Year
4.66B
from 4.83B
Decreased by -3.43%
Revenue Next Year
4.96B
from 4.66B
Increased by 6.37%
EPS This Year
-0.09
from -0.21
EPS Next Year
0.17
from -0.09
EPS and Forward PE are based on non-GAAP adjusted numbers.