Patterson-UTI Energy (PTEN) analyst forecast and price target
Analyst forecast
Consensus of 17 analyst ratings
Based on 7 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Barclays | Maintained | Overweight | $16.00 from $15.00 | Aug 5, 2026 |
| Susquehanna | Maintained | Positive | $13.00 from $12.00 | Aug 3, 2026 |
| JP Morgan | Upgraded | Underweight → Neutral | $12.00 | Jul 31, 2026 |
| Piper Sandler | Upgraded | Neutral → Overweight | $13.00 | Jul 14, 2026 |
| Susquehanna | Maintained | Positive | $12.00 from $14.00 | Jul 8, 2026 |
| Citigroup | Maintained | Neutral | $10.50 from $11.00 | Jun 29, 2026 |
| Stifel | Maintained | Buy | $15.00 from $14.00 | Jun 16, 2026 |
| Goldman Sachs | Maintained | Buy | $13.00 from $11.00 | Jun 4, 2026 |
| RBC Capital | Maintained | Outperform | $15.00 from $14.00 | May 29, 2026 |
| Susquehanna | Maintained | Positive | $14.00 from $13.00 | May 27, 2026 |
| Piper Sandler | Maintained | Neutral | $13.00 from $12.00 | May 27, 2026 |
| Barclays | Upgraded | Equal-Weight → Overweight | $15.00 from $10.00 | May 8, 2026 |
| Barclays | Maintained | Equal-Weight | $10.00 from $8.00 | Apr 28, 2026 |
| Piper Sandler | Maintained | Neutral | $12.00 from $10.00 | Apr 27, 2026 |
| Barclays | Maintained | Equal-Weight | $10.00 from $8.00 | Apr 27, 2026 |
| Stifel | Maintained | Buy | $14.00 from $11.00 | Apr 24, 2026 |
| RBC Capital | Maintained | Outperform | $14.00 from $12.00 | Apr 24, 2026 |
| Piper Sandler | Maintained | Neutral | $10.00 from $9.00 | Apr 15, 2026 |
| Goldman Sachs | Maintained | Buy | $11.00 from $9.00 | Apr 15, 2026 |
| Morgan Stanley | Maintained | Equal-Weight | $10.00 from $7.00 | Apr 15, 2026 |
Frequently asked questions
What is the price target for PTEN stock?
The average 12-month analyst price target for Patterson-UTI Energy (PTEN) is $13.21, with a high estimate of $16.00 and a low of $10.50, across 7 analysts.
Is PTEN a buy, sell, or hold?
Analysts covering Patterson-UTI Energy currently average a Buy rating: 9 buy, 8 hold and 0 sell, from 17 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for PTEN?
The average price target of $13.21 implies 4.67% upside from the last price of $12.63.
What is the latest analyst rating on PTEN?
On Aug 5, 2026, Barclays maintained Patterson-UTI Energy at Overweight with a price target of $16.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
