Patterson-UTI Energy, Inc. (PTEN) Stock Forecast
Data as of Oct 31, 2026Energy · Current price $13.28 (+4.65%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Apr 15, 2026 | Joe Laetsch | Morgan Stanley | $10.00 | -24.7% |
| Feb 9, 2026 | Eddie Kim | Barclays | $8.00 | -39.8% |
| Feb 6, 2026 | Stephen Gengaro | Stifel Nicolaus | $11.00 | -17.2% |
| Mar 26, 2025 | Daniel Kutz | Morgan Stanley | $9.00 | -32.2% |
| Jan 6, 2025 | Stephen Gengaro | Stifel Nicolaus | $13.00 | -2.1% |
| Oct 16, 2024 | David Anderson | Barclays | $12.00 | -9.6% |
| Oct 14, 2024 | Saurabh Pant | Bank of America Securities | $10.50 | -20.9% |
| Jul 16, 2024 | Stephen Gengaro | Stifel Nicolaus | $16.00 | +20.5% |
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $12.00 | -9.6% |
| May 6, 2024 | Luke Lemoine | Piper Sandler | $14.00 | +5.4% |
| Feb 11, 2022 | Keith Mackey | RBC Capital | $14.00 | +5.4% |
Top Analysts Covering PTEN
PTEN vs Sector & Market
| Metric | PTEN | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.31 | 2.47 | 2.41 |
| Analyst Count | 16 | 9 | 19 |
| Target Upside | +2.2% | +115.5% | +21.5% |
| P/E Ratio | -37.62 | 34.98 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $1.10B | $1.12B | $1.14B | 2 |
| 2027-03-31 | $1.13B | $1.15B | $1.18B | 2 |
| 2027-06-30 | $1.17B | $1.19B | $1.22B | 2 |
| 2027-09-30 | $1.20B | $1.22B | $1.24B | 2 |
| 2027-12-31 | $1.15B | $1.17B | $1.19B | 2 |
| 2028-12-31 | $4.85B | $4.85B | $4.85B | 4 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $-0.07 | $-0.07 | $-0.07 | 2 |
| 2027-03-31 | $-0.06 | $-0.06 | $-0.06 | 2 |
| 2027-06-30 | $-0.02 | $-0.02 | $-0.02 | 1 |
| 2027-09-30 | $0.01 | $0.01 | $0.01 | 1 |
| 2027-12-31 | $-0.03 | $-0.03 | $-0.03 | 2 |
| 2028-12-31 | $0.33 | $0.45 | $0.56 | 2 |
Frequently Asked Questions
What is the analyst consensus for PTEN?
The consensus among 16 analysts covering Patterson-UTI Energy, Inc. (PTEN) is Buy with an average price target of $13.38.
What is the highest price target for PTEN?
The highest price target for PTEN is $16.00, set by Stephen Gengaro at Stifel Nicolaus on 2024-07-16.
What is the lowest price target for PTEN?
The lowest price target for PTEN is $8.00, set by Eddie Kim at Barclays on 2026-02-09.
How many analysts cover PTEN?
16 analysts have issued ratings for Patterson-UTI Energy, Inc. in the past 12 months.
Is PTEN a buy or sell right now?
Based on 16 analyst ratings, PTEN has a consensus rating of Buy (2.31/5) with a +2.2% upside to the consensus target of $13.38.
What are the earnings estimates for PTEN?
Analysts estimate PTEN will report EPS of $-0.07 for the period ending 2026-12-31, with revenue estimated at $1.12B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.