Precision Drilling Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Precision Drilling stock have an average target of 122.33, with a low estimate of 105 and a high estimate of 140. The average target predicts an increase of 23.82% from the current stock price of 98.80.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$105	$122.33	$122	$140
Change	+6.28%	+23.82%	+23.48%	+41.70%

* Price targets were last updated on Mar 23, 2026.

Analyst Ratings

The average analyst rating for Precision Drilling stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Keith Mackey RBC Capital	RBC Capital	Buy Maintains $124 → $140	Buy	Maintains	$124 → $140	+41.70%	Mar 23, 2026
Sergey Pigarev Freedom Broker	Freedom Broker	Strong Buy Maintains $114 → $122	Strong Buy	Maintains	$114 → $122	+23.48%	Mar 2, 2026
Derek Podhaizer Piper Sandler	Piper Sandler	Buy Maintains $81 → $105	Buy	Maintains	$81 → $105	+6.28%	Feb 17, 2026
Keith Mackey RBC Capital	RBC Capital	Buy Maintains $119 → $124	Buy	Maintains	$119 → $124	+25.51%	Feb 13, 2026
Derek Podhaizer Piper Sandler	Piper Sandler	Buy Maintains $79 → $81	Buy	Maintains	$79 → $81	-18.02%	Dec 18, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.95B

from 1.84B

5.66%

from 1.84B

Revenue Next Year

1.99B

from 1.95B

2.31%

from 1.95B

EPS This Year

8.50

from 0.14

6,057.47%

from 0.14

EPS Next Year

10.95

from 8.50

28.76%

from 8.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	986.85M	1.62B	1.94B	1.90B	1.84B	1.95B	1.99B
Revenue Growth	5.46%	63.88%	19.83%	-1.83%	-3.08%	5.66%	2.31%
EPS	-13.32	-2.53	19.53	7.81	0.14	8.50	10.95
EPS Growth	-	-	-	-59.99%	-98.23%	6,057.47%	28.76%
Forward PE	-	-	-	-	-	15.90	12.35
No. Analysts	-	-	-	-	-	11	11

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	2.1B	2.1B
Avg	1.9B	2.0B
Low	1.8B	1.8B

Revenue Growth

Revenue Growth	2026	2027
High	14.1%	8.2%
Avg	5.7%	2.3%
Low	-3.0%	-6.1%

EPS Forecast

EPS	2026	2027
High	11.03	16.37
Avg	8.50	10.95
Low	5.73	5.28

EPS Growth

EPS Growth	2026	2027
High	7,885.1%	92.5%
Avg	6,057.5%	28.8%
Low	4,052.2%	-37.9%

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.