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Patterson-Uti Energy (PTEN)
NASDAQ:PTEN
Holding PTEN?
Track your performance easily
See the Price Targets and Ratings of:
PTEN Analyst Ratings
Moderate Buy
8 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PTEN Stock 12 Month Forecast
Average Price Target
$10.78
▲(42.97% Upside)
| Highest Price Target$14.00 | Average Price Target$10.78 | Lowest Price Target$10.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Goldman Sachs
Upgraded
12/12/24
Stifel Nicolaus
Reiterated
12/05/24
Barclays
Reiterated
11/13/24
Citi
Reiterated
10/31/24
Benchmark Co.
Assigned
10/28/24
Morgan Stanley
Reiterated
10/28/24
J.P. Morgan
Reiterated
10/25/24
Raymond James
Reiterated
10/25/24
RBC Capital
Reiterated
10/24/24
Bank of America Securities
Reiterated
10/24/24
Susquehanna
$13→$10
Buy
32.63%
Upside
Reiterated
10/11/24
Patterson-UTI Energy (PTEN) PT Lowered to $10 at SusquehannaSusquehanna analyst Charles Minervino lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $10.00 (from $13.00) while maintaining a Positive rating.
ATB Capital Markets
$12→$11
Buy
45.89%
Upside
Reiterated
09/04/24
Patterson-UTI Energy (PTEN) PT Lowered to $11 at ATB Capital MarketsATB Capital Markets analyst Waqar Syed lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $11.00 (from $12.00) while maintaining a Outperform (1) rating.
Piper Sandler
$14→$12
Buy
59.15%
Upside
Assigned
07/15/24
Patterson-UTI (PTEN) Receives a Buy from Piper Sandler
Evercore ISI
$18→$17
Buy
125.46%
Upside
Reiterated
05/03/24
Patterson-UTI Energy (PTEN) PT Lowered to $17 at Evercore ISIEvercore ISI analyst James West lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $17.00 (from $18.00) while maintaining a Outperform rating.
Unknown Analyst
Not Ranked
CFRA
$15
Buy
98.94%
Upside
Upgraded
04/02/24
CFRA upgrades Patterson-UTI Energy (PTEN) to Strong BuyCFRA upgraded Patterson-UTI Energy (NASDAQ: PTEN) from Buy to Strong Buy with a price target of $15.00.
Best Analysts Covering Patterson-UTI
Which Analyst Should I Follow If I Want to Buy PTEN and Sell After:
1 Month
xxx
Success Rate
9/14 ratings generated profit
Average Return
+5.47%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 64.29% of your transactions generating a profit, with an average return of +5.47% per trade.
3 Months
xxx
Success Rate
10/14 ratings generated profit
Average Return
+12.48%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +12.48% per trade.
1 Year
Success Rate
7/14 ratings generated profit
Average Return
+1.78%
reiterated a buy rating 2 months ago
Copying Scott Gruber's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +1.78% per trade.
2 Years
xxx
Success Rate
6/14 ratings generated profit
Average Return
-5.63%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 42.86% of your transactions generating a profit, with an average return of -5.63% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PTEN Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
1
1
4
3
4
Buy
8
9
11
11
10
Hold
3
5
6
6
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
12
15
21
20
18
Each month's total comprises the sum of three months' worth of ratings.
PTEN Financial Forecast
PTEN Stock Forecast FAQ
What is PTEN’s average 12-month price target, according to analysts?
Based on analyst ratings, Patterson-Uti Energy’s 12-month average price target is $10.78.
What is PTEN’s upside potential, based on the analysts’ average price target?
Patterson-Uti Energy has 42.97% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PTEN a Buy, Sell or Hold?
Patterson-Uti Energy has a consensus rating of Moderate Buy which is based on 8 buy ratings, 3 hold ratings and 0 sell ratings.
What is Patterson-Uti Energy’s price target?
The average price target for Patterson-Uti Energy is $10.78. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $14.00 ,the lowest forecast is $10.00. The average price target represents 42.97% Increase from the current price of $7.54.
The highest analyst price target is $14.00 ,the lowest forecast is $10.00. The average price target represents 42.97% Increase from the current price of $7.54.
What do analysts say about Patterson-Uti Energy?
Patterson-Uti Energy’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of PTEN?
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