PTENPTENEnergy · Oil & Gas Drilling

PTEN Stock Forecast: Patterson-UTI Energy, Inc. Price Predictions for 2026-2027

Last close, 9 Sept 2026
$13
+2.13% on the day

The 15 Wall Street analysts covering Patterson-UTI Energy, Inc. hold a median 12-month price target of $14 — +6.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 79 of 100 as at 8 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$4.7B
Ticker Nerd rank
79 / 100
Median analyst target
$14
Analysts covering
15
Revenue$1.2B+0.7% y/y
Operating income−$7.0M
Net income−$19.3M
Free cash flow−$99.8M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.1%
1M
+32.3%
YTD
+118.1%
1Y
+145.3%
From 52W high
−1.7%
From 52W low
+160.4%
$5
$13
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PTEN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Patterson-UTI Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Sept 2026
79 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
98
Revisions
92
Momentum
89
Growth
62
Issuance
59
Volatility
43
Quality
41
Value
34
Size
24

Accruals (98): Reported profit is backed by cash, and the company is not expanding recklessly.

Value (34): The shares cost a lot relative to the profits and assets behind them.

Size (24): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PTEN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PTEN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$5$10$15$20Oct 25Jan 26Apr 26Jul 26PTENHigh $19Median $14Low $12

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says15 analysts
9 Buy6 Hold0 Sell
Low $12Median $14High $19

The green dot is the last close — the median target sits +6.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
4 Sept 2026CitigroupMaintainsNeutral$11$14
5 Aug 2026BarclaysMaintainsOverweight$15$16
5 Aug 2026BarclaysMaintainsOverweight
3 Aug 2026SusquehannaMaintainsPositive$12$13
3 Aug 2026SusquehannaMaintainsPositive
31 July 2026JP MorganUpgradeNeutral$12
31 July 2026JP MorganUpgradeNeutral
14 July 2026Piper SandlerUpgradeOverweight$13
14 July 2026Piper SandlerUpgradeOverweight
8 July 2026SusquehannaMaintainsPositive$14$12
8 July 2026SusquehannaMaintainsPositive
29 June 2026CitigroupMaintainsNeutral
16 June 2026StifelMaintainsBuy
4 June 2026Goldman SachsMaintainsBuy
29 May 2026RBC CapitalMaintainsOutperform
27 May 2026Piper SandlerMaintainsNeutral
27 May 2026SusquehannaMaintainsPositive
8 May 2026BarclaysUpgradeOverweight
28 Apr 2026BarclaysMaintainsEqual-Weight
27 Apr 2026BarclaysMaintainsEqual-Weight

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PTEN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

PTEN vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Sept 2026, Patterson-UTI Energy, Inc. returned +145.3% against +18.5% for the S&P 500, dividends included.

PTEN vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250Oct 25Jan 26Apr 26Jul 26PTENS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

PTEN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
3
Analysts cutting
1
Fundamentals

Patterson-UTI Energy, Inc. (PTEN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
52.0×

Cheaper than 14% of US stocks

Price / sales
1.0×

Cheaper than 69% of US stocks

Price / book
1.6×

Cheaper than 55% of US stocks

EV / EBITDA
6.7×

Cheaper than 50% of US stocks

Growth & margins
Revenue growth (YoY)
0.7%

Higher than 29% of US stocks

Earnings growth (YoY)
0.7%

Higher than 36% of US stocks

Gross margin
5.1%

Higher than 6% of US stocks

Operating margin
−0.6%

Higher than 32% of US stocks

Net margin
−1.9%

Higher than 28% of US stocks

Returns & dividend
Return on equity
−2.8%

Higher than 41% of US stocks

Return on assets
−0.6%

Higher than 41% of US stocks

Dividend yield
3.1%

Higher than 67% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Patterson-UTI Energy, Inc. (PTEN) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Patterson-UTI Energy, Inc. has a market value of $4.7B and an enterprise value of $5.8B.

  • Revenue in the twelve months to 30 June 2026: $4.7B. The latest quarter grew 0.7% year on year.

  • Net income over the same four quarters: −$89.4M, a −1.9% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.23.

  • Free cash flow in the twelve months to 30 June 2026: $177.7M.

  • Patterson-UTI Energy, Inc. spent $43.3M on share buybacks and $136.8M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 381.4M.

  • Trailing P/E: 52.0×; forward P/E: 38.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.14%, paying out 213% of earnings.

  • Patterson-UTI Energy, Inc. employs 7,900 people $591K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 10 Sept 2026

Data provided by Twelve Data

Peers

PTEN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Drilling
CompanyMarket capTKN rank
PTENPatterson-UTI Energy, Inc.$4.7B
79
HPHelmerich & Payne, Inc.$4.4B
57
VALValaris Ltd.$5.9B
31
RIGTransocean Ltd.$6.3B
69
NENoble Corp. Plc$7.3B
41
SDRLSeadrill Ltd.$3.0B
40
NBRNabors Industries Ltd.$1.4B
80

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Patterson-UTI Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PTEN news & analysis

Patterson-UTI Reports Drilling Activity for August 2026

Accesswire · 8 Sept 2026neutral

Patterson-UTI Energy reported that its drilling rigs averaged 101 operating in the United States during August 2026. The figure was announced in a company release dated September 7, 2026.

Why it matters — Drilling rig counts are a key operational metric for PTEN, giving watchers a direct read on the company's activity level for the month.

Why Is Patterson-UTI (PTEN) Up 24.5% Since Last Earnings Report?

Zacks Investment Research · 28 Aug 2026positive

Patterson-UTI (PTEN) reported earnings 30 days ago, and its stock has risen 24.5% since the last earnings report. The article examines what may come next for the company following this period.

Why it matters — A PTEN watcher would care because the stock's significant post-earnings gain and the question of what comes next are directly relevant to tracking the company's recent performance trajectory.

Patterson-UTI Reports Drilling Activity for July 2026

Accesswire · 14 Aug 2026neutral

Patterson-UTI Energy reported that its average number of operating drilling rigs in the United States was 98 for July 2026. The update was released on August 14, 2026.

Why it matters — The monthly rig count is a direct indicator of Patterson-UTI's activity levels and demand for its drilling services.

Oil Above $80: 2 Energy Stocks You Don't Want to Miss

Zacks Investment Research · 14 Aug 2026positive

Zacks reports that oil prices above $80 are boosting the outlook for Patterson-UTI and Cactus, as Middle East tensions support crude prices and upstream activity.

Why it matters — PTEN watchers would care because higher crude prices and stronger upstream activity can support demand for the company's drilling services.

3 Oil & Gas Drilling Stocks Bucking a Bearish Industry Trend

Zacks Investment Research · 14 Aug 2026positive

Zacks Investment Research presented an analysis of the Oil and Gas - Drilling industry, advising focus on companies including Patterson-UTI Energy (PTEN), NBR and HP. The three stocks were described as bucking a bearish industry trend.

Why it matters — For a Patterson-UTI watcher, the item indicates PTEN is being highlighted as a drilling company standing out amid a generally bearish industry outlook.

FAQ

Frequently asked questions about PTEN stock

What is the PTEN stock price forecast for 2026-2027?

The 15 Wall Street analysts covering Patterson-UTI Energy, Inc. have a median 12-month price target of $14, with estimates ranging from $12 to $19. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PTEN stock a buy right now?

Of the 15 analysts covering Patterson-UTI Energy, Inc., 9 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Patterson-UTI Energy, Inc. 79 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PTEN?

As at 8 Sept 2026, Patterson-UTI Energy, Inc. ranks 79 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (98 of 100).

Will PTEN stock go up?

No one can know that. What the data says: the median 12-month target from 15 analysts implies +6.3% from the last close, and Ticker Nerd's factor model ranks Patterson-UTI Energy, Inc. 79 out of 100 as at 8 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PTEN stock forecast for 2030?

No analyst covering Patterson-UTI Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PTEN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $12 to $19 over the next 12 months.

How has PTEN stock performed over the past year?

Patterson-UTI Energy, Inc. returned +145.3% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Patterson-UTI Energy, Inc. do?

Patterson-UTI Energy, Inc. Common Stock is the equity of Patterson-UTI Energy, an energy services company focused on drilling and completion solutions for oil and natural gas operators.

What is the latest news on PTEN?

The most recent item we track (Accesswire, 8 Sept 2026): "Patterson-UTI Reports Drilling Activity for August 2026". Patterson-UTI Energy reported that its drilling rigs averaged 101 operating in the United States during August 2026. The figure was announced in a company release dated September 7, 2026.

Company

About Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc. Common Stock is the equity of Patterson-UTI Energy, an energy services company focused on drilling and completion solutions for oil and natural gas operators. The company provides contract drilling, directional drilling, hydraulic fracturing, wireline, pumping, completion support, and related oilfield technology through its Drilling Services, Completion Services, and Drilling Products segments. Its operations also include rental equipment and specialized drill bit solutions used in onshore exploration and production activities. Patterson-UTI Energy serves customers across the United States and select international markets, supporting well construction, well completion, and other field operations for the upstream energy sector. The company is headquartered in Houston, Texas, and its common stock is a widely followed representation of the oilfield services and drilling equipment business.

CEO Mr. William Andrew Hendricks Jr. · 7,900 employees · United States · https://www.patenergy.com