ProPetro Holding Corp. (PUMP)
NYSE: PUMP · IEX Real-Time Price · USD
8.54
+0.10 (1.18%)
Apr 19, 2024, 4:00 PM EDT - Market closed
ProPetro Holding Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ProPetro Holding stock have an average target of 12.5, with a low estimate of 11 and a high estimate of 16. The average target predicts an increase of 46.37% from the current stock price of 8.54.
Analyst Consensus: Buy
* Price targets were last updated on Mar 11, 2024.
Analyst Ratings
The average analyst rating for PUMP stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $13 → $11 | Buy | Maintains | $13 → $11 | +28.81% | Mar 11, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 16, 2024 |
| Citigroup | Citigroup | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +28.81% | Oct 12, 2023 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jul 19, 2023 |
| Citigroup | Citigroup | Hold Maintains $9 → $10 | Hold | Maintains | $9 → $10 | +17.10% | Jul 18, 2023 |
Financial Forecast
Revenue This Year
1.69B
from 1.63B
Increased by 3.35%
Revenue Next Year
1.78B
from 1.69B
Increased by 5.76%
EPS This Year
0.44
from 0.76
Decreased by -41.56%
EPS Next Year
0.64
from 0.44
Increased by 44.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.2B | 1.8B |
| Avg | 1.7B | 1.8B | 1.7B |
| Low | 1.5B | 1.6B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.2% | 33.0% | 2.2% |
| Avg | 3.3% | 5.8% | -3.9% |
| Low | -7.6% | -7.2% | -10.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.72 | 1.00 | 0.96 |
| Avg | 0.44 | 0.64 | 0.92 |
| Low | 0.24 | 0.31 | 0.86 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.7% | 124.6% | 49.9% |
| Avg | -41.6% | 44.6% | 42.7% |
| Low | -68.2% | -29.4% | 34.3% |
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.