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PDS Stock Forecast: Precision Drilling Corporation Price Predictions for 2026

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$98.66

+3.65 (3.84%)

PDS Stock Forecast 2026-2027

$98.66
Current Price
$1.28B
Market Cap
10 Ratings
Buy 8
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to PDS Price Targets

+20.1%
To High Target of $118.53
+4.3%
To Median Target of $102.93
-12.5%
To Low Target of $86.31

PDS Price Momentum

+10.4%
1 Week Change
+7.8%
1 Month Change
+106.5%
1 Year Change
+37.3%
Year-to-Date Change
-5.0%
From 52W High of $103.80
+114.9%
From 52W Low of $45.91
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Latest PDS Stock Price Targets & Analyst Predictions

Based on our analysis of 7 Wall Street analysts, PDS has a bullish consensus with a median price target of $102.93 (ranging from $86.31 to $118.53). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $98.66, the median forecast implies a 4.3% upside. This outlook is supported by 8 Buy, 2 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PDS Analyst Ratings

8
Buy
2
Hold
0
Sell

PDS Price Target Range

Low
$86.31
Average
$102.93
High
$118.53
Current: $98.66

Latest PDS Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PDS.

Date Firm Analyst Rating Change Price Target
Mar 23, 2026 RBC Capital Keith Mackey Outperform Maintains $140.00
Mar 2, 2026 Freedom Broker Buy Maintains $N/A
Feb 17, 2026 Piper Sandler Overweight Maintains $N/A
Feb 13, 2026 RBC Capital Outperform Maintains $N/A
Dec 18, 2025 Piper Sandler Overweight Maintains $N/A
Oct 29, 2025 Freedom Broker Buy Maintains $N/A
Oct 28, 2025 Piper Sandler Overweight Maintains $N/A
Oct 24, 2025 RBC Capital Outperform Maintains $N/A
Oct 9, 2025 Freedom Broker Buy Initiates $N/A
Aug 14, 2025 Piper Sandler Overweight Maintains $N/A
Jul 31, 2025 RBC Capital Outperform Maintains $N/A
Jul 15, 2025 Piper Sandler Overweight Initiates $N/A
Jul 15, 2024 Piper Sandler Luke Lemoine Overweight Maintains $95.00
May 6, 2024 Piper Sandler Luke Lemoine Overweight Maintains $101.00
Feb 20, 2024 Piper Sandler Luke Lemoine Overweight Maintains $81.00
Sep 13, 2023 RBC Capital Keith Mackey Outperform Maintains $125.00
Aug 3, 2023 Raymond James Andrew Bradford Strong Buy Maintains $115.00
Jul 31, 2023 Piper Sandler Luke Lemoine Overweight Maintains $107.00
Jul 30, 2023 RBC Capital Keith Mackey Outperform Maintains $118.00
Jul 9, 2023 RBC Capital Keith Mackey Outperform Maintains $100.00

Precision Drilling Corporation (PDS) Competitors

The following stocks are similar to Precision Drilling based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Precision Drilling Corporation (PDS) Financial Data

Precision Drilling Corporation has a market capitalization of $1.28B with a P/E ratio of 1,017.3x. The company generates $1.35B in trailing twelve-month revenue with a -0.8% profit margin.

Revenue growth is +6.0% quarter-over-quarter, while maintaining an operating margin of +7.5% and return on equity of -0.8%.

Valuation Metrics

Market Cap $1.28B
Enterprise Value $1.42B
P/E Ratio 1,017.3x
PEG Ratio -21.7x
Price/Sales 0.7x

Growth & Margins

Revenue Growth (YoY) +6.0%
Gross Margin +84.0%
Operating Margin +7.5%
Net Margin -0.8%
EPS Growth -49.7%

Financial Health

Cash/Price Ratio +3.2%
Current Ratio 1.7x
Debt/Equity 45.1x
ROE -0.8%
ROA +3.3%
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Precision Drilling Corporation logo

Precision Drilling Corporation (PDS) Business Model

About Precision Drilling Corporation

What They Do

Provides oilfield drilling and related services.

Business Model

The company operates as a leading supplier of land drilling services, generating revenue by facilitating the exploration and production of oil and natural gas through advanced drilling technologies. It also offers integrated directional drilling, completion and production services, and well servicing, ensuring a comprehensive suite of solutions for energy companies.

Additional Information

Precision Drilling is recognized for its focus on operational excellence and safety, making it a vital partner for energy firms looking to enhance asset value. Its services are aligned with industry demands and regulatory standards, positioning the company as a key player in the global energy market.

Company Information

Sector

Energy

Industry

Oil & Gas Drilling

Employees

5,504

CEO

Mr. Carey Thomas Ford C.F.A.

Country

Canada

IPO Year

1996

Precision Drilling Corporation (PDS) Latest News & Analysis

Latest News

PDS stock latest news image
Quick Summary

Precision Drilling Corporation held a shareholder and analyst call, discussing key company updates and financial performance. Further details were provided in the prepared remarks transcript.

Why It Matters

The shareholder/analyst call indicates Precision Drilling's strategy, performance insights, and future outlook, directly impacting investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
PDS stock latest news image
Quick Summary

Precision Drilling Corporation announced that all eight nominee directors, including seven independents, were elected at its 2026 Annual Meeting of Shareholders on May 14, 2026.

Why It Matters

The election of independent directors at Precision Drilling enhances corporate governance, potentially boosting investor confidence and impacting stock performance positively.

Source: GlobeNewsWire
Market Sentiment: Neutral
PDS stock latest news image
Quick Summary

Precision Drilling Corporation will hold its virtual 2026 Annual Meeting of Shareholders on May 14, 2026, at 10:00 a.m. MST.

Why It Matters

The announcement of Precision's Annual Meeting indicates opportunities for shareholder engagement and potential company updates that could influence stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
PDS stock latest news image
Quick Summary

Precision Drilling Corporation held its Q1 2026 earnings call, discussing financial performance and outlook. Further details on revenue and operational updates were provided in the transcript.

Why It Matters

The Q1 2026 earnings call for Precision Drilling provides insights into financial performance, market conditions, and future outlook, influencing investment decisions and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
PDS stock latest news image
Quick Summary

A news release from Calgary discusses forward-looking information and financial measures including Adjusted EBITDA and Total Long-Term Financial Liabilities, which may differ from IFRS standards.

Why It Matters

The mention of forward-looking statements and non-standard financial measures signals potential volatility and unique risk factors, impacting valuation and investment decisions.

Source: GlobeNewsWire
Market Sentiment: Neutral
PDS stock latest news image
Quick Summary

Precision Drilling (PDS) is not expected to meet earnings expectations in its upcoming report due to a lack of key performance indicators. Investors should prepare accordingly.

Why It Matters

The lack of strong fundamentals for Precision Drilling raises concerns about its upcoming earnings report, potentially impacting stock performance and investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About PDS Stock

What is Precision Drilling Corporation's (PDS) stock forecast for 2026?

Based on our analysis of 7 Wall Street analysts, Precision Drilling Corporation (PDS) has a median price target of $102.93. The highest price target is $118.53 and the lowest is $86.31.

Is PDS stock a good investment in 2026?

According to current analyst ratings, PDS has 8 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $98.66. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PDS stock?

Wall Street analysts predict PDS stock could reach $102.93 in the next 12 months. This represents a 4.3% increase from the current price of $98.66. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Precision Drilling Corporation's business model?

The company operates as a leading supplier of land drilling services, generating revenue by facilitating the exploration and production of oil and natural gas through advanced drilling technologies. It also offers integrated directional drilling, completion and production services, and well servicing, ensuring a comprehensive suite of solutions for energy companies.

What is the highest forecasted price for PDS Precision Drilling Corporation?

The highest price target for PDS is $118.53 from at , which represents a 20.1% increase from the current price of $98.66.

What is the lowest forecasted price for PDS Precision Drilling Corporation?

The lowest price target for PDS is $86.31 from at , which represents a -12.5% decrease from the current price of $98.66.

What is the overall PDS consensus from analysts for Precision Drilling Corporation?

The overall analyst consensus for PDS is bullish. Out of 7 Wall Street analysts, 8 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $102.93.

How accurate are PDS stock price projections?

Stock price projections, including those for Precision Drilling Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 5, 2026 7:39 PM UTC
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