Patterson-UTI Energy (PTEN) Stock: Buy, Sell, or Hold?
PTEN - Patterson-UTI Energy Inc
$12.85
-0.05 (-0.39%)
▼
5d:
+2.39%
30d:
+16.61%
90d:
+11.84%
WAIT
LOW Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Oct 28, 2026
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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
$10.26
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$6.37
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 $12.85, which is considered extended relative to its 30-day fair value range of $10.73 to $12.77. From a valuation perspective, the stock is trading at a discount (Forward PE: 43.9) compared to its historical average (111.3). Remarkably, the market is currently pricing in an annual earnings decline of 26.7% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, PTEN is in a downtrend. Immediate support is located at $12.11, while resistance sits at $13.39.
Market Sentiment: PTEN scores 5/100 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. Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, PTEN is in a downtrend. Immediate support is located at $12.11, while resistance sits at $13.39.
Market Sentiment: PTEN scores 5/100 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. Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$10.73 -
$12.77
Company Quality Score
28/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
23.8%
All Signals
- BEARISH: Price extended above range
- BEARISH: Weak technical setup (5/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($14.07)
- WARNING: Composite score 28/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$10.73 -
$12.77
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$12.11
Resistance Level
$13.39
Current Trend
Downtrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
43.86
Wall Street Target
$14.07
(+9.5%)
Revenue Growth (YoY)
0.7%
Earnings Growth (YoY)
-97.9%
Profit Margin
-1.9%
Valuation Discount vs History
-26.7% cheaper
PE vs Historical
43.9 vs 111.3
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-26.7%
(market-implied from PE analysis)
1-Year Target
$11.56
(-10%)
2-Year Target
$10.41
(-19%)
3-Year Target
$9.37
(-27%)
3-Yr Target (if PE normalizes)
(PE: 44→111)
$23.77
(+85%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 43.9 to 111.3
Stabilization Target:
$32.61
(+153.8%)
PE Expansion Potential:
+153.8%
Share & Embed Analysis
Last updated: September 12, 2026 10:15 AM ET
Data refreshes hourly during market hours. Next update: 11:15 AM
Data refreshes hourly during market hours. Next update: 11:15 AM
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Technical Signals Check
Is PTEN showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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