Patterson-UTI Energy, Inc. (PTEN) Social Stream
PATTERSON UTI ENERGY INC (PTEN) Price Targets From Analysts
Use the tables below to see what analysts covering PATTERSON UTI ENERGY INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-15 | 11 | $12 | $8 | $10.318 | $10.54 | -2.11% |
| 2021-12-02 | 11 | $12 | $8 | $10.336 | $10.54 | -1.94% |
| 2021-12-07 | 11 | $12 | $8 | $10.518 | $10.54 | -0.21% |
| 2021-12-10 | 11 | $12 | $8 | $10.609 | $10.54 | 0.65% |
| 2021-12-21 | 11 | $12 | $8 | $10.631 | $10.54 | 0.86% |
| 2022-01-13 | 11 | $12 | $9 | $10.84 | $10.54 | 2.85% |
| 2022-01-18 | 11 | $12.75 | $9 | $11.159 | $10.54 | 5.87% |
| 2022-02-10 | 11 | $13 | $9 | $11.34 | $10.54 | 7.59% |
| 2022-02-14 | 11 | $14.5 | $9 | $12 | $10.54 | 13.85% |
| 2022-02-22 | 11 | $14.5 | $9 | $12.181 | $10.54 | 15.57% |
| 2022-03-01 | 11 | $14.5 | $9 | $12.272 | $10.54 | 16.43% |
| 2022-03-11 | 11 | $18.5 | $9 | $12.681 | $10.54 | 20.31% |
| 2022-04-08 | 10 | $18.5 | $11 | $13.05 | $10.54 | 23.81% |
| 2022-04-11 | 10 | $18.5 | $11 | $13.5 | $10.54 | 28.08% |
| 2022-04-13 | 10 | $20 | $11 | $14.05 | $10.54 | 33.3% |
| 2022-04-19 | 11 | $21 | $11 | $15.181 | $10.54 | 44.03% |
| 2022-04-28 | 11 | $21 | $11 | $15.727 | $10.54 | 49.21% |
| 2022-04-29 | 11 | $21 | $11 | $15.227 | $10.54 | 44.47% |
| 2022-05-02 | 11 | $21 | $11 | $16.75 | $10.54 | 58.92% |
| 2022-05-09 | 10 | $21 | $11 | $16.84 | $10.54 | 59.77% |
| 2022-05-10 | 10 | $21 | $11 | $17.113 | $10.54 | 62.36% |
| 2022-05-26 | 10 | $21 | $11 | $17.772 | $10.54 | 68.61% |
| 2022-06-01 | 10 | $22.75 | $11 | $17.931 | $10.54 | 70.12% |
| 2022-06-02 | 10 | $22.75 | $11 | $18.113 | $10.54 | 71.85% |
| 2022-06-08 | 11 | $23 | $11 | $18.604 | $10.54 | 76.51% |
| 2022-07-19 | 9 | $23 | $12 | $18.8 | $10.54 | 78.37% |
| 2022-08-01 | 9 | $23 | $12 | $19.05 | $10.54 | 80.74% |
| 2022-08-02 | 10 | $24 | $12 | $19.9 | $10.54 | 88.8% |
| 2022-08-15 | 9 | $24 | $12 | $19.889 | $10.54 | 88.7% |
| 2022-09-17 | 8 | $24 | $12 | $19.889 | $10.54 | 88.7% |
| 2022-09-26 | 8 | $24 | $12 | $20.111 | $10.54 | 90.81% |
| 2022-10-12 | 9 | $24 | $12 | $20 | $10.54 | 89.75% |
| 2022-10-13 | 9 | $24 | $12 | $19.7 | $10.54 | 86.91% |
| 2022-10-18 | 9 | $24 | $12 | $19.9 | $10.54 | 88.8% |
| 2022-10-26 | 9 | $24 | $12 | $20.05 | $10.54 | 90.23% |
| 2022-10-27 | 9 | $24 | $18 | $21.666 | $10.54 | 105.56% |
| 2022-10-31 | 9 | $26 | $18 | $22 | $10.54 | 108.73% |
| 2022-11-07 | 10 | $26 | $18 | $22.222 | $10.54 | 110.83% |
| 2023-01-04 | 10 | $28 | $18 | $22.8 | $10.54 | 116.32% |
| 2023-01-17 | 10 | $28 | $18 | $23.15 | $10.54 | 119.64% |
| 2023-01-27 | 10 | $28 | $18 | $22.85 | $10.54 | 116.79% |
| 2023-02-09 | 10 | $26.5 | $18 | $22.45 | $10.54 | 113% |
| 2023-02-10 | 11 | $26.5 | $15.5 | $22.3 | $10.54 | 111.57% |
| 2023-02-13 | 11 | $26 | $15.5 | $22.136 | $10.54 | 110.02% |
| 2023-02-28 | 11 | $26 | $15.5 | $21.772 | $10.54 | 106.57% |
| 2023-04-08 | 11 | $26 | $15.5 | $21.681 | $10.54 | 105.7% |
| 2023-04-14 | 11 | $26 | $15.5 | $21.136 | $10.54 | 100.53% |
| 2023-04-18 | 10 | $26 | $13 | $20.727 | $10.54 | 96.65% |
| 2023-05-08 | 10 | $26 | $13 | $19.681 | $10.54 | 86.73% |
| 2023-05-09 | 10 | $23 | $13 | $19.045 | $10.54 | 80.69% |
| 2023-05-19 | 10 | $23 | $12 | $18.227 | $10.54 | 72.93% |
| 2023-06-06 | 10 | $23 | $12 | $17.45 | $10.54 | 65.56% |
| 2023-06-08 | 10 | $23 | $12 | $17.15 | $10.54 | 62.71% |
| 2023-06-16 | 10 | $23 | $13 | $17.25 | $10.54 | 63.66% |
| 2023-06-20 | 10 | $22 | $13 | $16.95 | $10.54 | 60.82% |
| 2023-06-23 | 10 | $20.5 | $13 | $16.55 | $10.54 | 57.02% |
| 2023-07-05 | 11 | $20.5 | $13 | $16.318 | $10.54 | 54.82% |
| 2023-07-10 | 11 | $19 | $13 | $15.954 | $10.54 | 51.37% |
| 2023-07-13 | 11 | $19 | $13 | $16.045 | $10.54 | 52.23% |
| 2023-07-17 | 11 | $20 | $13 | $16.136 | $10.54 | 53.09% |
| 2023-07-27 | 12 | $20 | $13 | $16.318 | $10.54 | 54.82% |
| 2023-08-08 | 12 | $22 | $13 | $16.958 | $10.54 | 60.89% |
| 2023-08-28 | 12 | $22 | $13 | $17.041 | $10.54 | 61.68% |
| 2023-08-31 | 12 | $22 | $13 | $17.125 | $10.54 | 62.48% |
| 2023-09-05 | 13 | $22 | $13 | $17.125 | $10.54 | 62.48% |
| 2023-09-21 | 13 | $22 | $14 | $17.653 | $10.54 | 67.49% |
| 2023-09-28 | 13 | $22 | $14 | $17.538 | $10.54 | 66.39% |
| 2023-10-02 | 13 | $23 | $14 | $17.923 | $10.54 | 70.05% |
| 2023-10-09 | 13 | $23 | $14 | $18.153 | $10.54 | 72.23% |
| 2023-10-15 | 13 | $23 | $14 | $18.153 | $10.54 | 72.23% |
| 2023-10-17 | 13 | $23 | $14 | $18.307 | $10.54 | 73.69% |
| 2023-10-20 | 13 | $23 | $16 | $18.23 | $10.54 | 72.96% |
| 2023-11-08 | 13 | $23 | $16 | $18.384 | $10.54 | 74.42% |
| 2023-11-09 | 13 | $22 | $16 | $18.23 | $10.54 | 72.96% |
| 2023-11-13 | 13 | $22 | $16 | $18 | $10.54 | 70.78% |
| 2023-11-14 | 13 | $22 | $16 | $17.692 | $10.54 | 67.86% |
| 2023-12-22 | 14 | $22 | $12 | $17.214 | $10.54 | 63.32% |
The Trend in the Analyst Price Target
Over the past 30 months, PTEN's average price target has gone up $7.95.
Over the past 50 weeks, PTEN's average upside potential has been 42.8%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-13 | 11 | 26 | 15.5 | 22.136 | 15.105 | 46.55% |
| 2023-05-08 | 10 | 26 | 13.0 | 19.681 | 10.560 | 86.37% |
| 2023-06-16 | 10 | 23 | 13.0 | 17.250 | 11.710 | 47.31% |
| 2023-07-13 | 11 | 19 | 13.0 | 16.045 | 14.080 | 13.96% |
| 2023-10-20 | 13 | 23 | 16.0 | 18.230 | 13.680 | 33.26% |
PTEN Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.64 | 9 | 1 | 4 | 0 | 0 | 14 |
The Trend in the Broker Recommendations
Over the past 20 months, PTEN's average broker recommendation rating improved by 0.36.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for PTEN as an investment opportunity.
- PTEN has a higher average analyst price target than 1915.11% of all US stocks.
- In terms of how PATTERSON UTI ENERGY INC fares relative to Energy stocks, note that its upside potential (average analyst target price relative to current price) is greater than 7299.47% of that group.
- PTEN has a higher number of analysts covering the stock than 6840.22% of stocks in the mid market cap category.
- To contextualize these metrics, consider that out of Energy stocks, PATTERSON UTI ENERGY INC's variance in analysts' estimates is lower than -5008.91% of them.
Stocks similar to PATTERSON UTI ENERGY INC in the Petroleum and Natural Gas industry regarding analyst recommendations and price targets are CLMT, BATL, and BRY.
View All Top Stocks by Price Target
What is the outlook for PTEN? Use POWR Ratings for clearer insight into price direction.