Should I Buy PUMP? PUMP 2026 Analysis

Should You Buy ProPetro Holding Corp (PUMP) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

11.660

1 Day change

9.38%

52 Week Range

11.870

Analysis Updated At

2026/01/26

ProPetro Holding Corp (PUMP) is not a strong buy for a beginner, long-term investor at this time. While the technical indicators show some bullish momentum, the company's financial performance is significantly deteriorating, and there are no strong positive catalysts to justify immediate investment. The options data suggests a lack of strong bullish sentiment, and analysts' ratings are mixed with limited upside potential. Given the investor's preference for long-term growth, it is better to wait for clearer signs of financial recovery or stronger growth prospects.

Technical Analysis

The technical indicators show a bullish trend with the MACD histogram above 0 and positively contracting, bullish moving averages (SMA_5 > SMA_20 > SMA_200), and the stock trading near its resistance level (R1: 11.426). However, the RSI at 75.415 is neutral, providing no clear signal. The stock has a 60% chance to gain 0.51% in the next day but a -3.13% decline in the next week, indicating short-term volatility.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The low put-call ratios indicate a lack of bearish sentiment, but the overall options activity is not strongly bullish either. Implied volatility is high (IV Percentile: 80.4), suggesting potential price swings.

Technical Summary

Sell

Buy

Positive Catalysts

Analysts from JPMorgan and Piper Sandler have upgraded the stock recently, citing idiosyncratic growth opportunities and valuation upside. The company's ProPWR business has gained traction, and management has outlined ambitious expansion targets in AI data centers and O&G.

Neutral/Negative Catalysts

The company's financial performance has significantly deteriorated in Q3 2025, with revenue down -18.55% YoY, net income down -98.27% YoY, and EPS down -98.48% YoY. Gross margin has also dropped by -50.42%. Analysts like Freedom Capital have downgraded the stock, citing limited upside potential. Hedge funds and insiders are neutral, with no significant trading activity.

Financial Performance

In Q3 2025, ProPetro Holding reported revenue of $293.92M, down -18.55% YoY. Net income dropped to -$2.37M, down -98.27% YoY, and EPS fell to -$0.02, down -98.48% YoY. Gross margin also declined to 5.36%, down -50.42% YoY. These figures indicate significant financial deterioration.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts' ratings are mixed. JPMorgan upgraded the stock to Overweight with a price target of $13, citing growth opportunities. Piper Sandler also upgraded it to Overweight with a $16 target, citing valuation upside. However, Freedom Capital downgraded it to Hold, stating that upside potential is largely exhausted. Barclays raised its price target to $11 but remains neutral on the sector.

5 Analyst Rating

Wall Street analysts forecast PUMP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PUMP is 14.4 USD with a low forecast of 11 USD and a high forecast of 20 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

2 Hold

0 Sell

Moderate Buy

Current: 10.660

Low

Averages

14.4

High

Current: 10.660

Low

Averages

14.4

High

Barclays

Equal Weight

maintain

$10 -> $11

AI Analysis

2025-12-17

Reason

Barclays

Price Target

$10 -> $11

AI Analysis

2025-12-17

maintain

Equal Weight

Reason

Barclays raised the firm's price target on ProPetro Holding to $11 from $10 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the energy services group as part of its 2026 outlook. Barclays' spending report shows the cycle plateau extending a third year, which keeps the firm neutral on the sector. However, it is optimistic the second half of the cycle is "around the corner."

JPMorgan

Neutral -> Overweight

upgrade

$7 -> $13

2025-12-10

Reason

JPMorgan

Price Target

$7 -> $13

2025-12-10

upgrade

Neutral -> Overweight

Reason

JPMorgan upgraded ProPetro Holding to Overweight from Neutral with a price target of $13, up 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.

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PUMP Should I Buy

PUMP Should I Buy

Should You Buy ProPetro Holding Corp (PUMP) 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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