PTENEnergy · Oil & Gas DrillingThe 16 Wall Street analysts covering Patterson-UTI Energy, Inc. hold a median 12-month price target of $13 — +15.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 80 of 100 as at 6 Oct 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 (97): Reported profit is backed by cash, and the company is not expanding recklessly.
Value (38): The shares cost a lot relative to the profits and assets behind them.
Size (25): 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.
Data provided by Twelve Data
The green dot is the last close — the median target sits +15.8% from it.
Of the 20 most recent actions, 3 moved their price target up and 2 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 2 Oct 2026 | Citigroup | Maintains | Neutral | $14 → $13 |
| 2 Oct 2026 | UBS | Reinstates | Neutral | $13 |
| 4 Sept 2026 | Citigroup | Maintains | Neutral | — |
| 4 Sept 2026 | Citigroup | Maintains | Neutral | $11 → $14 |
| 5 Aug 2026 | Barclays | Maintains | Overweight | — |
| 5 Aug 2026 | Barclays | Maintains | Overweight | $15 → $16 |
| 3 Aug 2026 | Susquehanna | Maintains | Positive | $12 → $13 |
| 3 Aug 2026 | Susquehanna | Maintains | Positive | — |
| 31 July 2026 | JP Morgan | Upgrade | Neutral | $12 |
| 31 July 2026 | JP Morgan | Upgrade | Neutral | — |
| 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 | — |
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 7 Oct 2026, Patterson-UTI Energy, Inc. returned +97.6% against +17.7% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
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 14% of US stocks
Cheaper than 71% of US stocks
Cheaper than 58% of US stocks
Cheaper than 50% of US stocks
Higher than 29% of US stocks
Higher than 37% of US stocks
Higher than 6% of US stocks
Higher than 31% of US stocks
Higher than 27% of US stocks
Higher than 41% of US stocks
Higher than 40% of US stocks
Higher than 89% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $4.3B and an enterprise value of $5.4B.
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.
Trailing P/E: 52.0×; forward P/E: 32.5× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 3.50%, paying out 133% of earnings.
Patterson-UTI Energy, Inc. employs 7,900 people — $591K of revenue per employee.
Data provided by Twelve Data
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 announced that it will host a conference call on Thursday, October 29, 2026, at 9:00 a.m. The call is for its third-quarter earnings.
Why it matters — PTEN watchers can note when the company plans to discuss its third-quarter earnings.
Seeking Alpha upgraded Patterson-UTI to BUY, citing tightening North American oil supply and ramping drilling activity amid geopolitical disruptions. The article highlights PTEN's dual exposure to drilling and completions, strengthened by the NexTier acquisition, as extending its earnings upcycle and supporting outsized EBITDA growth, with valuation still below prior cycle peaks.
Why it matters — A PTEN watcher would care because the piece frames the company as well-positioned to benefit from a renewed industry upcycle, with the NexTier acquisition broadening its revenue drivers.
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.
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 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.
The 16 Wall Street analysts covering Patterson-UTI Energy, Inc. have a median 12-month price target of $13, with estimates ranging from $12 to $19. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
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. 80 out of 100 across roughly 4,600 US stocks as at 6 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 6 Oct 2026, Patterson-UTI Energy, Inc. ranks 80 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).
No one can know that. What the data says: the median 12-month target from 16 analysts implies +15.8% from the last close, and Ticker Nerd's factor model ranks Patterson-UTI Energy, Inc. 80 out of 100 as at 6 Oct 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: $12 to $19 over the next 12 months.
Patterson-UTI Energy, Inc. returned +97.6% over the 12 months to 7 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
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 most recent item we track (Accesswire, 7 Oct 2026): "Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast". Patterson-UTI Energy announced that it will host a conference call on Thursday, October 29, 2026, at 9:00 a.m. The call is for its third-quarter earnings.
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
