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Patterson-UTI Energy (PTEN) Stock Forecast & Price Target

Patterson-UTI Energy (PTEN) Analyst Ratings

Based on 9 analyst ratings
Hold
Strong Buy 11%
Buy 22%
Hold 56%
Sell 11%
Strong Sell 0%

Bulls say

Patterson-UTI Energy Inc has significantly expanded its market presence, now controlling nearly 20% of the North American drilling and completions services sector following its merger with NexTier, which enhances its operational capabilities across three key business segments. Management highlighted robust demand for its Tier 1 Super-spec drilling rigs and anticipates above-market growth due to operators' emphasis on efficiency, positioning the firm favorably in a competitive landscape amid potential catalysts such as heightened commodity prices and improved equipment pricing. The company is poised to generate substantial free cash flow, with expectations to return at least 50% to investors through dividends and share buybacks, underscoring the strength of its financial position and commitment to shareholder value.

Bears say

Patterson-UTI Energy's financial performance indicates several concerning trends, including a significant year-over-year decline in segment adjusted EBITDA, which fell by 39.4%, alongside a sequential decrease of 6.7%. Although adjusted EBITDA slightly outperformed projections at $231.2 million, it marked an 8.0% decrease compared to the previous quarter, reflecting pressures from lower drilling services revenue and increased corporate G&A expenses. Additionally, completion services revenue decreased by 10.7% year-over-year and missed estimates, highlighting ongoing challenges in maintaining operational momentum and profitability amid pricing pressures and anticipated declines in active rig counts.

Patterson-UTI Energy (PTEN) has been analyzed by 9 analysts, with a consensus rating of Hold. 11% of analysts recommend a Strong Buy, 22% recommend Buy, 56% suggest Holding, 11% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Patterson-UTI Energy and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Patterson-UTI Energy (PTEN) Forecast

Analysts have given Patterson-UTI Energy (PTEN) a Hold based on their latest research and market trends.

According to 9 analysts, Patterson-UTI Energy (PTEN) has a Hold consensus rating as of Dec 30, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $7.28, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $7.28, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Patterson-UTI Energy (PTEN)


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