PTEN Stock Analysis: Buy, Sell, or Hold?
PTEN - Patterson-UTI Energy Inc
$12.01
0.28 (2.39%)
▲
5d:
+4.62%
30d:
-2.28%
90d:
+35.4%
BUY
MODERATE Confidence
Analysis Updated: Jun 3, 2026 12:00 AM ET
Earnings: Jul 22, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
💡 BUY OPPORTUNITY: PTEN shows positive signals but monitor for confirmation. Market pricing in 19.0% decline. Moderate conviction.
💡 BUY OPPORTUNITY: PTEN shows positive signals but monitor for confirmation. Market pricing in 19.0% decline. Moderate conviction.
In-depth Analysis How we analyze
Valuation Analysis: PTEN is currently trading at $12.01, which is considered fair relative to its 30-day fair value range of $11.54 to $12.40. From a valuation perspective, the stock is trading at a discount (Forward PE: 132.0) compared to its historical average (248.0). Remarkably, the market is currently pricing in an annual earnings decline of 19.0% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, PTEN is in a strong uptrend. Immediate support is located at $10.96, while resistance sits at $13.03.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, PTEN is in a strong uptrend. Immediate support is located at $10.96, while resistance sits at $13.03.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$11.54 -
$12.40
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
67.6%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (55/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($12.82)
Trading Range Analysis
30-Day Trading Range
$11.54 -
$12.40
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$10.96
Resistance Level
$13.03
Current Trend
Strong Uptrend
Technical data as of
Jun 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
131.98
Wall Street Target
$12.82
(+6.8%)
Revenue Growth (YoY)
-12.7%
Earnings Growth (YoY)
-97.9%
Profit Margin
-2.6%
Valuation Discount vs History
-19.0% cheaper
PE vs Historical
132.0 vs 248.0
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-19.0%
(market-implied from PE analysis)
1-Year Target
$10.81
(-10%)
2-Year Target
$9.73
(-19%)
3-Year Target
$8.76
(-27%)
3-Yr Target (if PE normalizes)
(PE: 132→248)
$16.45
(+37%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 132.0 to 248.0
Stabilization Target:
$22.57
(+87.9%)
PE Expansion Potential:
+87.9%
Share & Embed Analysis
Last updated: June 03, 2026 5:57 PM ET
Data refreshes hourly during market hours. Next update: 6:57 PM
Data refreshes hourly during market hours. Next update: 6:57 PM
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Technical Signals Check
Is PTEN showing a specific setup today?
Insider Activity (6 Months)
0
Buys
3
Sells
Net
INSIDERS SELLING
Recent Transactions
Robert Wayne Drummond Jr
SELL
164775 shares
2026-03-16
James Carl Stewart
SELL
368254 shares
2025-12-18
James Carl Stewart
SELL
350000 shares
2025-12-17
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