
Precision Drilling (PDS) Stock Forecast & Price Target
Precision Drilling (PDS) Analyst Ratings
Bulls say
Precision Drilling Corp demonstrates a positive outlook due to an improving balance sheet and increased visibility in the U.S. market, which supports potential multiple expansion. The company has also raised its FY25 capital expenditure guidance to $240 million, reflecting higher customer demand in select natural gas basins. Additionally, an increase of 7% in 2025/26 EBITDA estimates underscores the company's robust financial performance and growth prospects.
Bears say
Precision Drilling's stock faces a negative outlook due to several fundamental challenges, including a failure to meet overall activity forecasts and underwhelming high-spec rig utilization in the U.S. The company's inability to generate free cash flow (FCF) to reduce debt and the impact of weaker oil prices are also significant contributors to this pessimistic assessment. Additionally, an expected decrease in working rigs and lower rig margins further underscores the financial strains impacting Precision Drilling's operational performance.
This aggregate rating is based on analysts' research of Precision Drilling and is not a guaranteed prediction by Public.com or investment advice.
Precision Drilling (PDS) Analyst Forecast & Price Prediction
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