PTEN Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

1.09B

-5.79%

-0.116

-5.9%

1.12B

-12.81%

-0.120

-3965.48%

1.13B

-7.23%

-0.100

-21.22%

Estimates Revision

The market is revising Downward the revenue expectations for Patterson-UTI Energy, Inc. (PTEN) for FY2025, with the revenue forecasts being adjusted by -0.29% over the past three months. During the same period, the stock price has changed by 19.15%.

Revenue Estimates for FY2025

Revise Downward

-0.29%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-5.51%

In Past 3 Month

Stock Price

Go Up

+19.15%

In Past 3 Month

7 Analyst Rating

Wall Street analysts forecast PTEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PTEN is 7.17 USD with a low forecast of 6.00 USD and a high forecast of 9.00 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.

3 Buy

4 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

6.00

Averages

7.17

High

9.00

Current: 0.000

Low

6.00

Averages

7.17

High

9.00

Morgan Stanley

Equal Weight

initiated

2025-12-15

Reason

Morgan Stanley

Price Target

2025-12-15

initiated

Equal Weight

Reason

Morgan Stanley assumed coverage of Patterson-UTI with an Equal Weight rating and a price target of $6.50, up from $6. Energy Services stocks have rallied off the lows, pushing valuations higher, but against an uncertain oil backdrop the firm expects shorter cycle North American onshore spending to remain constrained and views it as "too early to step in," the analyst tells investors while assuming coverage of North America Energy Services & Equipment.

JPMorgan

Arun Jayaram

Neutral -> Underweight

downgrade

$7 -> $6

2025-12-10

Reason

JPMorgan

Arun Jayaram

Price Target

$7 -> $6

2025-12-10

downgrade

Neutral -> Underweight

Reason

JPMorgan analyst Arun Jayaram downgraded Patterson-UTI to Underweight from Neutral with a price target of $6, down from $7. The firm adjusted ratings in the oilfield services and equipment outlook as part of its 2026 outlook. JPMorgan retains a cautious sector stance citing upstream spending headwinds, but sees some "idiosyncratic growth opportunities." The analyst expects oilfield service stocks to play "second fiddle" to upstream companies and other energy sub-sectors due to a weakening spending picture. In a more challenging macro environment, companies that can demonstrate the most earnings resiliency and growth prospects are best positioned, the analyst tells investors in a research note.

Stifel

Buy

maintain

$8 -> $9

2025-10-24

Reason

Stifel

Price Target

$8 -> $9

2025-10-24

maintain

Buy

Reason

Stifel raised the firm's price target on Patterson-UTI to $9 from $8 and keeps a Buy rating on the shares after the company reported better-than-expected Q3 results and Q4 guidance above the firm's pre-release forecast. Following the report, the firm is "modestly bumping our forecasts," the analyst tells investors.

Morgan Stanley

Equal Weight

downgrade

2025-10-17

Reason

Morgan Stanley

Price Target

2025-10-17

downgrade

Equal Weight

Reason

Morgan Stanley lowered the firm's price target on Patterson-UTI to $6 from $6.50 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for stocks in the Energy Services & Equipment North America sector under its coverage, the analyst tells investors. Morgan Stanley expects Q3 results and Q4 guidance to be in-line with consensus, but notes it sees risk to estimated performance in 2026.

Barclays

Overweight

downgrade

$8 -> $7

2025-07-29

Reason

Barclays

Price Target

$8 -> $7

2025-07-29

downgrade

Overweight

Reason

Barclays lowered the firm's price target on Patterson-UTI to $7 from $8 and keeps an Overweight rating on the shares post the Q2 report. The company's Q3 outlook reflects the softening activity and pricing environment in North America, the analyst tells investors in a research note.

RBC Capital

Outperform

downgrade

2025-07-25

Reason

RBC Capital

Price Target

2025-07-25

downgrade

Outperform

Reason

RBC Capital lowered the firm's price target on Patterson-UTI to $8.50 from $9 and keeps an Outperform rating on the shares. Patterson-UTI's Q2 results were in-line with estimates as the company focuses on increasing the competitiveness of its offerings through enhanced technology implementation, the analyst tells investors in a research note.

Valuation Metrics

The current forward P/E ratio for Patterson-UTI Energy Inc (PTEN.O) is -15.18, compared to its 5-year average forward P/E of -10.07. For a more detailed relative valuation and DCF analysis to assess Patterson-UTI Energy Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-10.07

Current PE

-15.18

Overvalued PE

64.37

Undervalued PE

-84.51

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

5.40

Current EV/EBITDA

4.61

Overvalued EV/EBITDA

7.89

Undervalued EV/EBITDA

2.90

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

0.84

Current PS

0.55

Overvalued PS

1.12

Undervalued PS

0.56

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 1148.08% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 186.35% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 1148.08% over the last month.

Sold

Bought

PTEN News & Events

Events Timeline

No data

News

9.5

2025-12-23Benzinga

NetApp Reports Q2 Earnings Beat, Raises FY26 Adjusted EPS Guidance

6.5

2025-12-23CNBC

Rubrik Recommended for Ownership Amid Positive Trajectory

7.0

2025-12-17NASDAQ.COM

Canadian Natural Plans to Increase Assets and Production with 2026 Budget

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Frequently Asked Questions

What is Patterson-UTI Energy Inc (PTEN) stock price today?

The current price of PTEN is 7.03 USD — it has increased 6.35 % in the last trading day.

What is Patterson-UTI Energy Inc (PTEN)'s business?

Patterson-UTI Energy, Inc. is a provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services. Its Drilling Services segment provides a comprehensive suite of directional drilling services in major producing onshore oil and natural gas basins in the United States, and it provides services that improve the statistical accuracy of wellbore placement for directional and horizontal wells. Its Completion Services segment consists of a well completion business consists of services for hydraulic fracturing, wireline and pumping, completion support, and cementing. Its Drilling Products segment engages in the manufacturing and distribution of drill bits throughout North America. The Company's drilling equipment is used in oil and natural gas exploration and production and in mining operations.

What is the price predicton of PTEN Stock?

What is Patterson-UTI Energy Inc (PTEN)'s revenue for the last quarter?

Patterson-UTI Energy Inc revenue for the last quarter amounts to 1.18B USD, decreased -13.36 % YoY.

What is Patterson-UTI Energy Inc (PTEN)'s earnings per share (EPS) for the last quarter?

Patterson-UTI Energy Inc. EPS for the last quarter amounts to -0.10 USD, decreased -96.00 % YoY.

What changes have occurred in the market's expectations for Patterson-UTI Energy Inc (PTEN)'s fundamentals?

How many employees does Patterson-UTI Energy Inc (PTEN). have?

Patterson-UTI Energy Inc (PTEN) has 9200 emplpoyees as of January 09 2026.

What is Patterson-UTI Energy Inc (PTEN) market cap?

Today PTEN has the market capitalization of 2.67B USD.