PTEN Stock Analysis: Buy, Sell, or Hold?
PTEN - Patterson-UTI Energy Inc
$9.68
0.29 (3.09%)
▲
5d:
+13.08%
30d:
-19.47%
90d:
-3.68%
BUY
HIGH Confidence
Analysis Updated: Jul 13, 2026 12:00 AM ET
Earnings: Jul 22, 2026
7d
Get Alerted When PTEN Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
✅ BUY SIGNAL: PTEN trading at deep discount. Market pricing in -34.9% annual earnings decline, creating value opportunity for patient investors.
✅ BUY SIGNAL: PTEN trading at deep discount. Market pricing in -34.9% annual earnings decline, creating value opportunity for patient investors.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$7.77
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$4.83
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 $9.68, which is considered fair relative to its 30-day fair value range of $9.09 to $11.27. From a valuation perspective, the stock is trading at a discount (Forward PE: 43.6) compared to its historical average (158.2). Remarkably, the market is currently pricing in an annual earnings decline of 34.9% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, PTEN is in a strong uptrend. The price is currently testing key support at $10.96. A bounce from this level would confirm strength, while a break below could signal further downside. The stock is showing strong short-term momentum, up 3.1% recently.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $13.00 (+34.3%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, PTEN is in a strong uptrend. The price is currently testing key support at $10.96. A bounce from this level would confirm strength, while a break below could signal further downside. The stock is showing strong short-term momentum, up 3.1% recently.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $13.00 (+34.3%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$9.09 -
$11.27
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
77.1%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (45/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.1%)
- BULLISH: Trading 34.3% below Wall St target ($13.00)
Trading Range Analysis
30-Day Trading Range
$9.09 -
$11.27
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$10.96
Resistance Level
$12.56
Current Trend
Strong Uptrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
43.62
Wall Street Target
$13.00
(+34.3%)
Revenue Growth (YoY)
-12.7%
Earnings Growth (YoY)
-97.9%
Profit Margin
-2.6%
Valuation Discount vs History
-34.9% cheaper
PE vs Historical
43.6 vs 158.2
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-34.9%
(market-implied from PE analysis)
1-Year Target
$8.71
(-10%)
2-Year Target
$7.84
(-19%)
3-Year Target
$7.06
(-27%)
3-Yr Target (if PE normalizes)
(PE: 44→158)
$25.59
(+164%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 43.6 to 158.2
Stabilization Target:
$35.10
(+262.7%)
PE Expansion Potential:
+262.7%
Share & Embed Analysis
Last updated: July 14, 2026 1:21 AM ET
Data refreshes hourly during market hours. Next update: 2:21 AM
Data refreshes hourly during market hours. Next update: 2:21 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
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
Top Rated Oil & Gas Drilling Stocks
Top-rated stocks in Oil & Gas Drilling by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
SDRL
Seadrill Limited |
STRONG BUY
7 analysts |
$56 | 54 HOLD |
|
PDS
Precision Drilling Corpo… |
STRONG BUY
10 analysts |
$101 | 58 HOLD |
|
NE
Noble Corporation plc |
BUY
11 analysts |
$48 | 60 HOLD |
|
SOC
Sable Offshore Corp. |
STRONG BUY
5 analysts |
$14 | 50 HOLD |
|
HP
Helmerich and Payne Inc |
SELL
17 analysts |
$41 | 60 BUY |
