Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
9.59
-0.18 (-1.84%)
At close: Jun 26, 2026, 4:00 PM EDT
9.77
+0.18 (1.88%)
After-hours: Jun 26, 2026, 7:41 PM EDT
Patterson-UTI Energy Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Patterson-UTI Energy stock have an average target of 12.86, with a low estimate of 10 and a high estimate of 15. The average target predicts an increase of 34.10% from the current stock price of 9.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Patterson-UTI Energy stock from 15 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Buy | 3 | 2 | 2 | 2 | 3 | 3 |
| Hold | 7 | 8 | 8 | 7 | 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 |
|---|---|---|---|---|---|---|---|
| Stifel Nicolaus | Stifel Nicolaus | Buy Reiterates $14 → $15 | Buy | Reiterates | $14 → $15 | +56.41% | Jun 16, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $23 → $13 | Buy | Maintains | $23 → $13 | +35.56% | Jun 3, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +56.41% | May 29, 2026 |
| Susquehanna | Susquehanna | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +45.99% | May 27, 2026 |
| Piper Sandler | Piper Sandler | Hold Reiterates $12 → $13 | Hold | Reiterates | $12 → $13 | +35.56% | May 27, 2026 |
Financial Forecast
Revenue This Year
4.61B
from 4.83B
Decreased by -4.39%
Revenue Next Year
4.89B
from 4.61B
Increased by 5.94%
EPS This Year
-0.13
from -0.21
EPS Next Year
0.10
from -0.13
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.7B | 5.2B | |
| Avg | 4.6B | 4.9B | |
| Low | 4.5B | 4.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -2.5% | 13.7% | |
| Avg | -4.4% | 5.9% | |
| Low | -7.7% | -6.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.07 | 0.42 | |
| Avg | -0.13 | 0.10 | |
| Low | -0.21 | -0.25 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
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.