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Patterson-UTI Energy, Inc.

PTENNASDAQEnergyOil & Gas Drilling

$11.50Today:- (-)1Y +105.26%

As of Oct 16, 2026 close

Market cap
$4.30B
P/E (TTM)
-
Forward P/E
-
Dividend yield
3.36%
52-week range
$5.24$13.39
Volume (live)
-
Avg. volume (3M)
7.43M

Patterson-UTI Energy, Inc. (PTEN) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Patterson-UTI Energy, Inc. stock.

Analyst Consensus Rating

Investment consensus from 13 professional research analysts

Consensus Rating

Buy
Based on 13 unique analysts
(18 total ratings in last 90 days)
High Confidence∞:1 Buy/Sell

Average Price Target

$13.35
+16.09% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest PTEN Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Eddie Kim
Barclays
BuyMaintains
$16.00
Atidrip Modak
Goldman Sachs
BuyMaintains
$12.00
Joe Laetsch
Morgan Stanley
HoldReiterates
$12.00
Saurabh Pant
BofA Securities
BuyMaintains
$13.00
Josh Silverstein
UBS
HoldInitiates
$17.00 → $13.00
Scott Gruber
Citi
HoldMaintains
$13.50 → $12.50
Josh Silverstein
UBS
HoldInitiates
$13.00
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Joe Laetsch
Morgan Stanley
HoldReiterates
$11.00 → $12.00
Nilanjan Banerjee
Zacks Equity Research
BuyInitiates Coverage
-
Eddie Kim
Barclays
BuyMaintains
$15.00 → $16.00
Arun Jayaram
JP Morgan
HoldUpgrades
$12.00
Arun Jayaram
JP Morgan
HoldDowngrades
$12.00
Turjya Saha
Zacks Equity Research
BuyInitiates Coverage
-
Charles Minervino
Susquehanna
BuyMaintains
$12.00 → $13.00
Stephen Gengaro
Stifel Nicolaus
BuyReiterates
$15.00
Keith Mackey
RBC Capital
BuyMaintains
$15.00
Keith Mackey
RBC Capital
BuyMaintains
$15.00

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 15, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for PTEN?

The analyst consensus rating for PTEN is Buy, based on the latest ratings from 13 analysts over the last 90 days.

What is the average price target for PTEN?

The average 12-month price target for PTEN is $13.35, representing an upside of 16.1% from the Oct 16, 2026 close of $11.50.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.