PTENPTENEnergy · Oil & Gas Drilling

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

Last close, 4 Nov 2026
$11
−9.36% on the day

The 16 Wall Street analysts covering Patterson-UTI Energy, Inc. hold a median 12-month price target of $14 — +31.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 84 of 100 as at 4 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$4.5B
Ticker Nerd rank
84/ 100
Median analyst target
$14
Analysts covering
16
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
−15.5%
1M
−5.0%
YTD
+79.7%
1Y
+84.9%
From 52W high
−20.0%
From 52W low
+105.4%
$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 4 Nov 2026
84/ 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
97
Revisions
96
Momentum
84
Issuance
80
Volatility
63
Quality
47
Value
45
Growth
34
Size
26

Accruals (97): Reported profit is backed by cash, and the company is not expanding recklessly.

Growth (34): Sales and profits are flat, shrinking, or growing more slowly than they were.

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 systematic trader with 15+ 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$20Jan 26Apr 26Jul 26Oct 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 says16 analysts
9 Buy7 Hold0 Sell
Low $12Median $14High $19

The green dot is the last close — the median target sits +31.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
3 Nov 2026Piper SandlerMaintainsOverweight$14 → $15
2 Nov 2026Morgan StanleyMaintainsEqual-Weight$12 → $13
31 Oct 2026UBSMaintainsNeutral—
30 Oct 2026BarclaysMaintainsOverweight$16 → $17
30 Oct 2026RBC CapitalMaintainsOutperform$15 → $17
30 Oct 2026SusquehannaMaintainsPositive$13 → $15
30 Oct 2026UBSMaintainsNeutral$13 → $14
2 Oct 2026CitigroupMaintainsNeutral$14 → $13
2 Oct 2026CitigroupMaintainsNeutral—
2 Oct 2026UBSReinstatesNeutral$13
4 Sept 2026CitigroupMaintainsNeutral—
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—

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.

PTEN appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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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 4 Nov 2026, Patterson-UTI Energy, Inc. returned +84.9% against +14.8% for the S&P 500, dividends included.

PTEN vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
Analysts raising
1
Analysts cutting
0
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
0.9×

Cheaper than 70% of US stocks

Price / book
1.5×

Cheaper than 54% of US stocks

EV / EBITDA
5.9×

Cheaper than 51% of US stocks

Growth & margins
Revenue growth (YoY)
14.1%

Higher than 61% of US stocks

Earnings growth (YoY)
0.7%

Higher than 37% of US stocks

Gross margin
5.1%

Higher than 6% of US stocks

Operating margin
4.7%

Higher than 54% of US stocks

Net margin
−0.5%

Higher than 29% of US stocks

Returns & dividend
Return on equity
−0.8%

Higher than 43% of US stocks

Return on assets
0.5%

Higher than 46% of US stocks

Dividend yield
3.4%

Higher than 88% 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 $4.5B and an enterprise value of $5.4B.

  • Revenue in the twelve months to 30 June 2026: $4.7B. The latest quarter grew 14.1% 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: 27.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.40%, paying out 133% 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 5 Nov 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.$4.5B84
HPHelmerich & Payne, Inc.$3.6B67
VALValaris Ltd.$5.7B39
SDRLSeadrill Ltd.$2.7B52
RIGTransocean Ltd.$6.1B69
NENoble Corp. Plc$6.5B35
NBRNabors Industries Ltd.$1.1B64

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

Wall Street Analysts Believe Patterson-UTI (PTEN) Could Rally 25.96%: Here's is How to Trade

Zacks Investment Research · 4 Nov 2026positive

Zacks reports that analysts’ average price targets imply about 26% potential upside for Patterson-UTI (PTEN). It notes that the metric’s effectiveness is questionable, while positive earnings estimate revisions could support upside.

Why it matters — PTEN watchers may want to note both the analysts’ price-target outlook and the caveat about its reliability.

Patterson-UTI (PTEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research · 3 Nov 2026neutral

Zacks Investment Research says the revenue and EPS for Patterson-UTI’s quarter ended September 2026 provide a view of its performance, and highlights comparing key metrics with Wall Street estimates and year-ago figures.

Why it matters — The comparison may give PTEN watchers additional context on quarterly results beyond revenue and EPS.

Patterson-UTI Energy, Inc. (PTEN) Q3 2026 Earnings Call Transcript

Seeking Alpha · 30 Oct 2026neutral

Patterson-UTI Energy held its Q3 2026 earnings call on October 29, 2026, with company executives and analysts participating. The supplied excerpt contains only the call opening and participant list, not financial results or management commentary.

Why it matters — PTEN watchers should note the call occurred, but this excerpt provides no information about the company’s quarterly performance or outlook.

What Patterson-UTI Energy (PTEN) Said on Its Q3 Earnings Call

MarketBeat · 29 Oct 2026positive

Patterson-UTI Energy reported higher third-quarter revenue, earnings and adjusted EBITDA, citing stronger U.S. onshore activity and improved pricing across its drilling and completion operations.

Why it matters — The results and cited operating trends provide PTEN watchers with an update on activity and pricing in the company’s drilling and completion businesses.

Patterson-UTI (PTEN) Meets Q3 Earnings Estimates

Zacks Investment Research · 29 Oct 2026neutral

Patterson-UTI reported quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. A year earlier, it reported a loss of $0.06 per share.

Why it matters — The report gives PTEN watchers an update on quarterly earnings relative to expectations and the prior-year period.

FAQ

Frequently asked questions about PTEN stock

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

The 16 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 16 analysts covering Patterson-UTI Energy, Inc., 9 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Patterson-UTI Energy, Inc. 84 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PTEN?

As at 4 Nov 2026, Patterson-UTI Energy, Inc. ranks 84 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 (97 of 100).

Will PTEN stock go up?

No one can know that. What the data says: the median 12-month target from 16 analysts implies +31.5% from the last close, and Ticker Nerd's factor model ranks Patterson-UTI Energy, Inc. 84 out of 100 as at 4 Nov 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 +84.9% over the 12 months to 4 Nov 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 (Zacks Investment Research, 4 Nov 2026): "Wall Street Analysts Believe Patterson-UTI (PTEN) Could Rally 25.96%: Here's is How to Trade". Zacks reports that analysts’ average price targets imply about 26% potential upside for Patterson-UTI (PTEN). It notes that the metric’s effectiveness is questionable, while positive earnings estimate revisions could support upside.

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