Patterson-UTI Energy
PTEN

Patterson-UTI Energy (PTEN) analyst forecast and price target

Analyst forecast

Buy

Consensus of 17 analyst ratings

Buy
9
Hold
8
Sell
0
Average price target
$13.21+4.67% vs. last price
Last $12.63
Low $10.50High $16.00

Based on 7 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
BarclaysMaintainedOverweight$16.00 from $15.00Aug 5, 2026
SusquehannaMaintainedPositive$13.00 from $12.00Aug 3, 2026
JP MorganUpgradedUnderweight → Neutral$12.00Jul 31, 2026
Piper SandlerUpgradedNeutral → Overweight$13.00Jul 14, 2026
SusquehannaMaintainedPositive$12.00 from $14.00Jul 8, 2026
CitigroupMaintainedNeutral$10.50 from $11.00Jun 29, 2026
StifelMaintainedBuy$15.00 from $14.00Jun 16, 2026
Goldman SachsMaintainedBuy$13.00 from $11.00Jun 4, 2026
RBC CapitalMaintainedOutperform$15.00 from $14.00May 29, 2026
SusquehannaMaintainedPositive$14.00 from $13.00May 27, 2026
Piper SandlerMaintainedNeutral$13.00 from $12.00May 27, 2026
BarclaysUpgradedEqual-Weight → Overweight$15.00 from $10.00May 8, 2026
BarclaysMaintainedEqual-Weight$10.00 from $8.00Apr 28, 2026
Piper SandlerMaintainedNeutral$12.00 from $10.00Apr 27, 2026
BarclaysMaintainedEqual-Weight$10.00 from $8.00Apr 27, 2026
StifelMaintainedBuy$14.00 from $11.00Apr 24, 2026
RBC CapitalMaintainedOutperform$14.00 from $12.00Apr 24, 2026
Piper SandlerMaintainedNeutral$10.00 from $9.00Apr 15, 2026
Goldman SachsMaintainedBuy$11.00 from $9.00Apr 15, 2026
Morgan StanleyMaintainedEqual-Weight$10.00 from $7.00Apr 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.