Patterson-UTI Energy Stock Forecast

Stock Price Forecast

According to 11 professional analysts, the 12-month price target for Patterson-UTI Energy stock ranges from a low of $6.50 to a high of $11. The average analyst price target of $8.27 forecasts a 48.21% increase in the stock price over the next year.

Price Target: $8.27 (+48.21%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$6.50	$8.27	$8.00	$11
Change	+16.49%	+48.21%	+43.37%	+97.13%

Analyst Ratings

The average analyst rating for Patterson-UTI Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	4	4	3	3	2	2
Buy	7	7	6	6	4	4
Hold	2	3	4	4	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	14	13	13	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Anderson Barclays	Barclays	Buy Maintains $8 → $7	Buy	Maintains	$8 → $7	+25.45%	Jul 29, 2025
Stephen Gengaro Stifel	Stifel	Strong Buy Maintains $12 → $10	Strong Buy	Maintains	$12 → $10	+79.21%	Jul 25, 2025
Keith Mackey RBC Capital	RBC Capital	Buy Maintains $9 → $8.5	Buy	Maintains	$9 → $8.5	+52.33%	Jul 25, 2025
Stephen Gengaro Stifel	Stifel	Strong Buy Maintains $13 → $12	Strong Buy	Maintains	$13 → $12	+115.05%	Jul 16, 2025
Derek Podhaizer Piper Sandler	Piper Sandler	Hold Initiates $7	Hold	Initiates	$7	+25.45%	Jul 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.88B

from 5.38B

-9.31%

from 5.38B

Revenue Next Year

4.71B

from 4.88B

-3.36%

from 4.88B

EPS This Year

-0.19

from -2.44

EPS Next Year

-0.23

from -0.19

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.12B	1.36B	2.65B	4.15B	5.38B	4.88B	4.71B	4.91B
Revenue Growth	-54.50%	20.71%	95.10%	56.61%	29.70%	-9.31%	-3.36%	4.07%
EPS	-4.27	-3.36	0.70	0.88	-2.44	-0.19	-0.23	0.21
EPS Growth	-	-	-	25.71%	-	-	-	-
Forward PE	-	-	-	-	-	-	-	26.05
No. Analysts	-	-	-	-	-	17	17	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	5.1B	5.2B	5.4B
Avg	4.9B	4.7B	4.9B
Low	4.6B	4.2B	4.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-4.5%	6.4%	13.8%
Avg	-9.3%	-3.4%	4.1%
Low	-14.4%	-13.4%	-6.4%

EPS Forecast

EPS	2025	2026	2027
High	-0.04	0.29	0.37
Avg	-0.19	-0.23	0.21
Low	-0.32	-0.65	-0.03

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.