Patterson-UTI Energy (PTEN) Stock: Buy, Sell, or Hold?
PTEN - Patterson-UTI Energy Inc
$11.34
-0.34 (-2.87%)
âŧ
5d:
+0.27%
30d:
+2.44%
90d:
+11.18%
WAIT
LOW Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Oct 28, 2026
5d
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: PTEN is fairly priced but lacks strong directional signals. At -27.9% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: PTEN is fairly priced but lacks strong directional signals. At -27.9% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$11.71
Based on 7.0% avg growth
INTRINSIC VALUE TODAY
$7.27
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 $11.34, which is considered fair relative to its 30-day fair value range of $11.01 to $11.92. From a valuation perspective, the stock is trading at a discount (Forward PE: 34.9) compared to its historical average (93.2). Remarkably, the market is currently pricing in an annual earnings decline of 27.9% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, PTEN is in a uptrend. Immediate support is located at $10.93, while resistance sits at $12.25.
Market Sentiment: PTEN scores 33/100 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 $13.93 (+19.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, PTEN is in a uptrend. Immediate support is located at $10.93, while resistance sits at $12.25.
Market Sentiment: PTEN scores 33/100 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 $13.93 (+19.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$11.01 -
$11.92
Company Quality Score
41/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
47.6%
All Signals
- NEUTRAL: Price in fair range
- BEARISH: Weak technical setup (33/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($13.93)
- WARNING: Composite score 40/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$11.01 -
$11.92
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$10.93
Resistance Level
$12.25
Current Trend
Uptrend
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
34.93
Wall Street Target
$13.93
(+19.3%)
Revenue Growth (YoY)
0.7%
Earnings Growth (YoY)
-97.9%
Profit Margin
-1.9%
Valuation Discount vs History
-27.9% cheaper
PE vs Historical
34.9 vs 93.2
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-27.9%
(market-implied from PE analysis)
1-Year Target
$10.51
(-10%)
2-Year Target
$9.46
(-19%)
3-Year Target
$8.51
(-27%)
3-Yr Target (if PE normalizes)
(PE: 35â93)
$22.71
(+95%)
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 34.9 to 93.2
Stabilization Target:
$31.15
(+166.8%)
PE Expansion Potential:
+166.8%
Share & Embed Analysis
Last updated: October 22, 2026 4:34 PM ET
Data refreshes hourly during market hours. Next update: 5:34 PM
Data refreshes hourly during market hours. Next update: 5:34 PM
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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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