Patterson-UTI Energy, Inc. (PTEN) Stock Forecast
PTEN analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.88 / 5 from 16 analysts
- Price target
- $13.93 average of analyst targets
- Upside to target
- +21.2% from the latest close
- Next earnings
- October 28, 2026 EPS estimate $0.03
- 52-week range
- $5.41 – $13.15
PTEN analyst ratings
16 analystsNumber of analysts at each rating.
PTEN price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
PTEN earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.04 | $0.03 | $0.05 | −$0.10 | +137.6% | 7 |
| Current fiscal year (2026) | −$0.05 | −$0.06 | −$0.04 | −$0.24 | +80.2% | 4 |
| Next fiscal year (2027) | $0.33 | $0.18 | $0.44 | −$0.05 | +803.6% | 7 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
PTEN revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.31B | $1.29B | $1.35B | +11.1% | 12 |
| Current fiscal year (2026) | $4.93B | $4.86B | $5.04B | +2.1% | 13 |
| Next fiscal year (2027) | $5.30B | $5.02B | $5.61B | +7.5% | 13 |
PTEN EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
PTEN revenue: reported and forecast
PTEN EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | +40.8% | 0 up · 0 down |
| Current fiscal year (2026) | −$0.06 | −$0.05 | −$0.05 | −$0.05 | −$0.05 | −20.8% | 1 up · 0 down |
| Next fiscal year (2027) | $0.22 | $0.24 | $0.29 | $0.32 | $0.33 | +49.9% | 1 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
PTEN earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; PTEN beat in 6 of 12.
What analysts expect from PTEN
16 analysts cover Patterson-UTI Energy; their consensus rating is buy (3.88 on a 1–5 scale, where 5 is a strong buy). The average price target is $13.93, 21.2% above the latest close of $11.50. Analysts expect earnings of −$0.05 per share for 2026, +80.2% from a year earlier. For 2027 the average estimate is $0.33 per share on revenue of $5.3 billion. Patterson-UTI Energy beat the EPS estimate in 6 of the last 12 quarters.
Related: PTEN income statement, PTEN key metrics, PTEN chart. See the PTEN stock overview for the latest quote and news.
PTEN forecast FAQ
What is Patterson-UTI Energy's price target?
The average analyst price target for Patterson-UTI Energy is $13.93, 21.2% above the latest close of $11.50.
Is Patterson-UTI Energy a buy, hold or sell?
Of 16 analysts covering Patterson-UTI Energy, 5 rate it a strong buy, 4 a buy, 7 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Patterson-UTI Energy's EPS forecast?
Analysts forecast −$0.05 per share for 2026 (range −$0.06 to −$0.04); for 2027 the estimate is $0.33.
What is Patterson-UTI Energy's revenue forecast?
The average revenue estimate for 2026 is $4.9 billion, growth of 2.1%; for 2027 it is $5.3 billion.
When does Patterson-UTI Energy report earnings?
Patterson-UTI Energy is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes; the EPS estimate is $0.03.
Does Patterson-UTI Energy usually beat earnings estimates?
Patterson-UTI Energy reported EPS at or above the analyst estimate in 6 of the last 12 quarters.