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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 67%
Sell 0%
Strong Sell 0%

Bulls say

Patterson-UTI Energy's recent merger with NexTier has significantly enhanced its position in the North American market for drilling and completions services, now commanding nearly 20% market share. The company has demonstrated resilience with a record revenue per U.S. rig of $88.4 million in 2Q25, surpassing expectations and reflecting strong demand for its Tier 1 Super-spec drilling rigs. Additionally, management's commitment to returning at least 50% of free cash flow to investors through dividends and buybacks underscores a positive outlook for shareholder value enhancement amidst favorable market conditions.

Bears say

Patterson-UTI Energy reported a significant decline in year-over-year adjusted EBITDA by 39.4%, indicating substantial operational challenges despite slightly beating quarterly estimates. The company's sequential decrease in segment adjusted EBITDA by 6.7% and lower Completion Services revenue further highlights the pressures from pricing and demand fluctuations within its key market segments. Additionally, weaker working capital performance leading to free cash flow of only $71 million, below expectations, signals ongoing financial strain impacting the firm's ability to capitalize on its expanded market presence post-merger with NexTier.

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, 67% suggest Holding, 0% 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 Nov 5, 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 $7.39, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $7.39, 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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