Should I Buy PDS? PDS 2026 Analysis

Should You Buy Precision Drilling Corporation(Calgary) (PDS) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

81.500

1 Day change

3.35%

52 Week Range

81.730

Analysis Updated At

2026/01/26

Precision Drilling Corp (PDS) is not a strong buy at this moment for a beginner, long-term investor with $50,000-$100,000 to invest. While the technical indicators show some bullish trends, the company's weak financial performance, lack of recent positive news, and neutral trading sentiment make it less attractive for immediate investment. Holding or waiting for further clarity on financial recovery and market conditions is advisable.

Technical Analysis

The technical indicators show a mixed picture. The MACD is positive and expanding, indicating bullish momentum. The RSI is neutral at 70.102, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key support and resistance levels suggest the stock is trading near resistance (R1: 76.961). However, the stock's post-market change of -1.91% and a 70% chance of a slight decline (-0.13%) in the next day suggest caution.

Options Data

Bearish

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

The high Put-Call ratios indicate bearish sentiment in the options market, with more puts being traded relative to calls. Implied volatility is moderate, with an IV percentile of 36 and IV rank of 25.77, suggesting limited upside potential in the short term.

Technical Summary

Sell

Buy

Positive Catalysts

Bullish moving averages and MACD expansion indicate some technical strength.

Neutral/Negative Catalysts

Weak financial performance in Q3 2025, with revenue down -3.12% YoY, net income dropping significantly (-117.25% YoY), and EPS declining by -122.08%. Gross margin also fell by -21.48%. Lack of recent news or significant insider/hedge fund activity. Options data reflects bearish sentiment.

Financial Performance

In Q3 2025, Precision Drilling reported a revenue decline of -3.12% YoY to $462.25M. Net income dropped significantly to -$6.76M (-117.25% YoY), and EPS fell to -0.51 (-122.08% YoY). Gross margin decreased to 14.91 (-21.48% YoY), indicating financial struggles.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts maintain an Overweight rating with a raised price target of $81, up from $79. Piper Sandler highlights cyclical tailwinds, improved U.S. and Canadian daily margins, and debt reduction progress. However, the firm's optimism is tempered by a focus on long-term recovery rather than immediate growth.

7 Analyst Rating

Wall Street analysts forecast PDS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDS is 83.66 USD with a low forecast of 71.99 USD and a high forecast of 96.46 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

1 Hold

0 Sell

Strong Buy

Current: 78.860

Low

71.99

Averages

83.66

High

96.46

Current: 78.860

Low

71.99

Averages

83.66

High

96.46

Piper Sandler

Overweight

maintain

$79 -> $81

AI Analysis

2025-12-18

Reason

Piper Sandler

Price Target

$79 -> $81

AI Analysis

2025-12-18

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on Precision Drilling to $81 from $79 and keeps an Overweight rating on the shares. The firm says that while 2025 was a challenge, the industry once again exemplified their tenacity, focusing inward and leaning into new growth avenues. As Piper focuses on 2026, it stays selective, but is encouraged by cyclical tailwinds beginning to mount, including Saudi Arabia/Mexico returning to work and a bottoming U.S. Land market, while Offshore eyes a 2027 recovery.

Piper Sandler

Derek Podhaizer

Overweight

maintain

$74 -> $79

2025-10-28

Reason

Piper Sandler

Derek Podhaizer

Price Target

$74 -> $79

2025-10-28

maintain

Overweight

Reason

Piper Sandler analyst Derek Podhaizer raised the firm's price target on Precision Drilling to $79 from $74 and keeps an Overweight rating on the shares. The firm notes the momentum set by Precision Drilling continued with earnings, delivering solid results backed by both U.S. and Canada daily margins, plus further debt reduction with management meeting its $100M 2025 target. Looking ahead, implied Q4 2025 guide landed above the Street as management expects Canada to meet if not exceed last year's winter drilling season and for the average U.S. rig count to reach upper 30s with a current rig count at 40, Piper adds.

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PDS Should I Buy

PDS Should I Buy

Should You Buy Precision Drilling Corporation(Calgary) (PDS) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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