
ProPetro Hld (PUMP) Stock Forecast & Price Target
ProPetro Hld (PUMP) Analyst Ratings
Bulls say
ProPetro Holding Corp. is well-positioned for growth, driven by an expected 30 GW increase in power generation demand over the next decade, contributing to high asset utilization and customer prioritization of efficiency and cost savings. The company is projected to maintain stable performance in 2025 due to favorable market conditions, including limited new builds and fleet attrition that will support solid pricing and profitability through year-end 2024. Furthermore, ProPetro's high-quality pressure pumping fleet, combined with a growing presence in the Power Generation sector, is anticipated to drive robust growth in 2026, underscoring a positive outlook for the company.
Bears say
ProPetro Holding Corp has experienced a significant decline in key financial metrics, including an annualized EBITDA per fleet that fell 17.5% sequentially, which raises concerns about the company's operational efficiency. Additionally, total adjusted EBITDA missed projections by 6%, plunging 26.0% sequentially and 18.1% year-over-year, reflecting challenges in sustaining profitability amidst seasonal impacts and increased operational downtime. Moreover, revenue has also decreased both sequentially and year-over-year, coupled with risks related to market conditions such as pricing pressures and potential oversupply in the hydraulic fracturing segment, contributing to an overall negative outlook for the stock.
This aggregate rating is based on analysts' research of ProPetro Hld and is not a guaranteed prediction by Public.com or investment advice.
ProPetro Hld (PUMP) Analyst Forecast & Price Prediction
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