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Home โบ Stocks โบ Precision Drilling Corporation (PDS) Stock Forecast & Price Prediction Canada | NYSE | Energy | Oil & Gas Drilling
$98.66
+3.65 (3.84%)Did PDS Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Precision Drilling is one of their latest high-conviction picks.
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.
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 |
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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%.
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Provides oilfield drilling and related services.
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.
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.
Energy
Oil & Gas Drilling
5,504
Mr. Carey Thomas Ford C.F.A.
Canada
1996
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.
The shareholder/analyst call indicates Precision Drilling's strategy, performance insights, and future outlook, directly impacting investor sentiment and stock valuation.
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.
The election of independent directors at Precision Drilling enhances corporate governance, potentially boosting investor confidence and impacting stock performance positively.
Precision Drilling Corporation will hold its virtual 2026 Annual Meeting of Shareholders on May 14, 2026, at 10:00 a.m. MST.
The announcement of Precision's Annual Meeting indicates opportunities for shareholder engagement and potential company updates that could influence stock performance.
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.
The Q1 2026 earnings call for Precision Drilling provides insights into financial performance, market conditions, and future outlook, influencing investment decisions and stock valuation.
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.
The mention of forward-looking statements and non-standard financial measures signals potential volatility and unique risk factors, impacting valuation and investment decisions.
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.
The lack of strong fundamentals for Precision Drilling raises concerns about its upcoming earnings report, potentially impacting stock performance and investor sentiment.
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.
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.
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.
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.
The highest price target for PDS is $118.53 from at , which represents a 20.1% increase from the current price of $98.66.
The lowest price target for PDS is $86.31 from at , which represents a -12.5% decrease from the current price of $98.66.
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.
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.
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.