PTENEnergy · Oil & Gas DrillingThe 15 Wall Street analysts covering Patterson-UTI Energy, Inc. hold a median 12-month price target of $13 — +14.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 81 of 100 as at 15 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.
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.
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): Reported profit is backed by cash, and the company is not expanding recklessly.
Value (37): The shares cost a lot relative to the profits and assets behind them.
Size (26): 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.
The bullish and bearish analyst opinions on PTEN, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +14.3% from it.
Of the 20 most recent actions, 2 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 5 Aug 2026 | Barclays | Maintains | Overweight | $15 → $16 |
| 3 Aug 2026 | Susquehanna | Maintains | Positive | $12 → $13 |
| 31 July 2026 | JP Morgan | Upgrade | Neutral | $12 |
| 14 July 2026 | Piper Sandler | Upgrade | Overweight | $13 |
| 14 July 2026 | Piper Sandler | Upgrade | Overweight | — |
| 8 July 2026 | Susquehanna | Maintains | Positive | $14 → $12 |
| 8 July 2026 | Susquehanna | Maintains | Positive | — |
| 29 June 2026 | Citigroup | Maintains | Neutral | — |
| 16 June 2026 | Stifel | Maintains | Buy | — |
| 4 June 2026 | Goldman Sachs | Maintains | Buy | — |
| 29 May 2026 | RBC Capital | Maintains | Outperform | — |
| 27 May 2026 | Piper Sandler | Maintains | Neutral | — |
| 27 May 2026 | Susquehanna | Maintains | Positive | — |
| 8 May 2026 | Barclays | Upgrade | Overweight | — |
| 28 Apr 2026 | Barclays | Maintains | Equal-Weight | — |
| 27 Apr 2026 | Barclays | Maintains | Equal-Weight | — |
| 27 Apr 2026 | Piper Sandler | Maintains | Neutral | — |
| 24 Apr 2026 | RBC Capital | Maintains | Outperform | — |
| 24 Apr 2026 | Stifel | Maintains | Buy | — |
| 15 Apr 2026 | Citigroup | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 15% of US stocks
Cheaper than 72% of US stocks
Cheaper than 60% of US stocks
Cheaper than 51% of US stocks
Higher than 29% of US stocks
Higher than 36% of US stocks
Higher than 6% of US stocks
Higher than 32% of US stocks
Higher than 28% of US stocks
Higher than 41% of US stocks
Higher than 41% of US stocks
Higher than 72% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
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 →
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.
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.
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.
Zacks reported that the mean of Wall Street analysts' price targets for Patterson-UTI points to roughly 37.9% upside, while noting this metric has not proven highly effective. It added that strong agreement among analysts in raising earnings estimates indicates upside in the stock.
Why it matters — This item highlights what Wall Street analysts expect for Patterson-UTI's share price, giving PTEN watchers a view of market sentiment on the stock's potential upside.
Zacks Investment Research published an article examining whether value investors should buy Patterson-UTI Energy (PTEN) stock, focusing on the company's earnings estimates and revision trends through its Zacks Rank system.
Why it matters — PTEN watchers would care because the article highlights how earnings estimate revisions and value/growth/momentum trends may influence investment perception of the stock.
The 15 Wall Street analysts covering Patterson-UTI Energy, Inc. have a median 12-month price target of $13, with estimates ranging from $8 to $19. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
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. 81 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 15 Aug 2026, Patterson-UTI Energy, Inc. ranks 81 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).
No one can know that. What the data says: the median 12-month target from 15 analysts implies +14.3% from the last close, and Ticker Nerd's factor model ranks Patterson-UTI Energy, Inc. 81 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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: $8 to $19 over the next 12 months.
Patterson-UTI Energy, Inc. returned +112.3% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Patterson-UTI Energy Inc. is a leading provider of drilling and completion services to oil and natural gas exploration and production companies, primarily in the United States, Canada, Colombia, and select international markets.
The most recent item we track (Accesswire, 14 Aug 2026): "Patterson-UTI Reports Drilling Activity for July 2026". 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.
Patterson-UTI Energy Inc. is a leading provider of drilling and completion services to oil and natural gas exploration and production companies, primarily in the United States, Canada, Colombia, and select international markets. The company operates through three key segments: Drilling Services, which includes contract drilling, directional drilling, measurement-while-drilling systems, oilfield technology, electrical controls, and automation; Completion Services, encompassing hydraulic fracturing, wireline, pumping, completion support, cementing, and pressure pumping; and Drilling Products, focused on manufacturing and distributing drill bits and related tools. It also supplies rental equipment and advanced technology solutions to enhance operational efficiency in onshore basins. Founded in 1978 and headquartered in Houston, Texas, Patterson-UTI Energy Inc. plays a vital role in the energy services sector by supporting the extraction of oil and natural gas through specialized, high-performance equipment and services tailored to demanding drilling and completion environments.
CEO Mr. William Andrew Hendricks Jr. · 7,900 employees · United States · https://www.patenergy.com