PTEN Stock Analysis: Buy, Sell, or Hold?
PTEN - Patterson-UTI Energy Inc
$12.34
0.16 (1.31%)
▲
5d:
+8.53%
30d:
+19.34%
90d:
+1.06%
WAIT
LOW Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Jul 29, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: PTEN shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: PTEN shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$10.94
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$6.79
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: PTEN is currently trading at $12.34, which is considered extended relative to its 30-day fair value range of $9.59 to $11.43. From a valuation perspective, the stock is trading at a discount (Forward PE: 39.5) compared to its historical average (125.0). Remarkably, the market is currently pricing in an annual earnings decline of 31.9% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, PTEN is in a downtrend. The price is approaching resistance at $12.55. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: PTEN scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $13.86 (+12.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, PTEN is in a downtrend. The price is approaching resistance at $12.55. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: PTEN scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $13.86 (+12.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$9.59 -
$11.43
Company Quality Score
29/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
21.4%
All Signals
- BEARISH: Price extended above range (+8.0% above its trading range)
- BEARISH: Weak technical setup (0/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($13.86)
- WARNING: Composite score 29/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$9.59 -
$11.43
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$10.13
Resistance Level
$12.55
Current Trend
Downtrend
Technical data as of
Aug 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
39.50
Wall Street Target
$13.86
(+12.3%)
Revenue Growth (YoY)
0.7%
Earnings Growth (YoY)
-97.9%
Profit Margin
-1.9%
Valuation Discount vs History
-31.9% cheaper
PE vs Historical
39.5 vs 125.0
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-31.9%
(market-implied from PE analysis)
1-Year Target
$11.11
(-10%)
2-Year Target
$10.00
(-19%)
3-Year Target
$9.00
(-27%)
3-Yr Target (if PE normalizes)
(PE: 40→125)
$28.47
(+131%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 39.5 to 125.0
Stabilization Target:
$39.05
(+216.5%)
PE Expansion Potential:
+216.5%
Share & Embed Analysis
Last updated: August 23, 2026 7:10 AM ET
Data refreshes hourly during market hours. Next update: 8:10 AM
Data refreshes hourly during market hours. Next update: 8:10 AM
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Technical Signals Check
Is PTEN showing a specific setup today?
Insider Activity (6 Months)
0
Buys
1
Sells
Net
INSIDERS SELLING
Recent Transactions
Robert Wayne Drummond Jr
SELL
164775 shares
2026-03-16
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