ProFrac (ACDC) Stock Forecast, Price Target & Predictions
ACDC Stock Forecast
ProFrac stock forecast is as follows: an average price target of $6.75 (represents a -3.43% downside from ACDC’s last price of $6.99) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
ACDC Price Target
The average price target for ProFrac (ACDC) is $6.75 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $6.50. This represents a potential -3.43% downside from ACDC's last price of $6.99.
ACDC Analyst Ratings
According to 4 Wall Street analysts, ProFrac's rating consensus is 'Buy'. The analyst rating breakdown for ACDC stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
ProFrac Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Daniel Kutz | Morgan Stanley | $6.50 | $6.96 | -6.61% | -7.01% |
| Oct 11, 2024 | Stephen Gengaro | Stifel Nicolaus | $7.00 | $7.35 | -4.76% | 0.14% |
The latest ProFrac stock forecast, released on Oct 17, 2024 by Daniel Kutz from Morgan Stanley, set a price target of $6.50, which represents a -6.61% decrease from the stock price at the time of the forecast ($6.96), and a -7.01% decrease from ACDC last price ($6.99).
ProFrac Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $6.75 | $6.75 |
| Last Closing Price | $6.99 | $6.99 | $6.99 |
| Upside/Downside | -100.00% | -3.43% | -3.43% |
In the current month, the average price target of ProFrac stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ProFrac's last price of $6.99. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| Oct 11, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Oct 11, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Sep 16, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 11, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| May 11, 2023 | Credit Suisse | Buy | Buy | Hold |
| May 11, 2023 | Susquehanna | Overweight | Upgrade |
ProFrac's last stock rating was published by Morgan Stanley on Oct 17, 2024. The company Downgrade its ACDC rating from "Equal-Weight" to "Underweight".
ProFrac Financial Forecast
ProFrac Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $489.10M | $574.20M | $709.20M | $851.70M | $794.10M | $696.73M | $589.84M | $344.98M |
| Avg Forecast | $593.00M | $593.00M | $579.00M | $562.80M | $531.85M | $558.90M | $535.85M | $508.75M | $507.36M | $551.46M | $634.04M | $587.24M | $592.54M | $602.85M | $684.57M | $893.04M | $808.49M | $674.64M | $553.89M | $421.77M |
| High Forecast | $633.90M | $633.90M | $618.93M | $601.61M | $568.53M | $597.44M | $572.81M | $514.92M | $535.04M | $580.90M | $634.04M | $587.24M | $665.47M | $602.85M | $731.78M | $954.63M | $864.24M | $674.64M | $553.89M | $421.77M |
| Low Forecast | $552.10M | $552.10M | $539.07M | $523.98M | $495.17M | $520.35M | $498.89M | $502.57M | $479.99M | $522.02M | $634.04M | $587.24M | $568.07M | $602.85M | $637.35M | $831.44M | $752.72M | $674.64M | $553.89M | $421.77M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.95% | 1.04% | 0.95% | 0.98% | 1.03% | 1.06% | 0.82% |
ProFrac's average Quarter revenue forecast for Mar 24 based on 2 analysts is $587.24M, with a low forecast of $587.24M, and a high forecast of $587.24M. ACDC's average Quarter revenue forecast represents a 20.07% increase compared to the company's last Quarter revenue of $489.10M (Dec 23).
ProFrac EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $95.10M | $44.90M | $72.90M | $219.90M | $248.60M | $237.45M | $162.69M | $86.48M |
| Avg Forecast | $111.33M | $111.33M | $108.70M | $105.66M | $99.85M | $104.93M | $100.60M | $95.51M | $95.25M | $103.53M | $119.04M | $110.25M | $111.24M | $113.18M | $128.52M | $167.66M | $151.79M | $133.77M | $109.82M | $83.63M |
| High Forecast | $119.01M | $119.01M | $116.20M | $112.95M | $106.74M | $112.17M | $107.54M | $96.67M | $100.45M | $109.06M | $119.04M | $110.25M | $124.94M | $113.18M | $137.38M | $179.22M | $162.25M | $133.77M | $109.82M | $83.63M |
| Low Forecast | $103.65M | $103.65M | $101.20M | $98.37M | $92.96M | $97.69M | $93.66M | $94.35M | $90.11M | $98.00M | $119.04M | $110.25M | $106.65M | $113.18M | $119.66M | $156.10M | $141.32M | $133.77M | $109.82M | $83.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.40% | 0.57% | 1.31% | 1.64% | 1.78% | 1.48% | 1.03% |
2 analysts predict ACDC's average Quarter EBITDA for Mar 24 to be $110.25M, with a high of $110.25M and a low of $110.25M. This is 15.93% upper than ProFrac's previous annual EBITDA (Dec 23) of $95.10M.
ProFrac Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-97.90M | $-33.10M | $14.60M | $59.80M | $116.00M | $143.36M | $70.09M | $23.71M |
| Avg Forecast | $4.42M | $3.00M | $-8.44M | $-25.17M | $544.34K | $62.76K | $-17.72M | $-29.27M | $-37.56M | $-23.37M | $20.29M | $6.13M | $6.81M | $14.18M | $36.56M | $128.35M | $160.21M | $116.50M | $97.55M | $8.00M |
| High Forecast | $4.81M | $3.27M | $-7.68M | $-22.92M | $593.14K | $68.39K | $-16.13M | $-27.73M | $-18.78M | $-21.28M | $20.31M | $6.16M | $13.62M | $14.21M | $39.83M | $139.85M | $174.58M | $116.50M | $97.55M | $8.00M |
| Low Forecast | $4.02M | $2.73M | $-9.19M | $-27.43M | $495.53K | $57.13K | $-19.31M | $-30.81M | $-52.92M | $-25.47M | $20.27M | $6.11M | $1.70M | $14.15M | $33.28M | $116.84M | $145.85M | $116.50M | $97.55M | $8.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -14.38% | -2.33% | 0.40% | 0.47% | 0.72% | 1.23% | 0.72% | 2.96% |
ProFrac's average Quarter net income forecast for Sep 23 is $14.18M, with a range of $14.15M to $14.21M. ACDC's average Quarter net income forecast represents a -2.88% decrease compared to the company's last Quarter net income of $14.60M (Jun 23).
ProFrac SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $59.30M | $61.00M | $70.30M | $76.30M | $74.10M | $70.29M | $87.55M | $34.13M |
| Avg Forecast | $49.94M | $49.94M | $48.76M | $47.40M | $44.79M | $47.07M | $45.13M | $42.85M | $42.73M | $46.44M | $53.40M | $49.46M | $49.90M | $50.77M | $57.65M | $75.21M | $68.09M | $56.82M | $46.65M | $35.52M |
| High Forecast | $53.39M | $53.39M | $52.12M | $50.67M | $47.88M | $50.32M | $48.24M | $43.37M | $45.06M | $48.92M | $53.40M | $49.46M | $56.04M | $50.77M | $61.63M | $80.40M | $72.78M | $56.82M | $46.65M | $35.52M |
| Low Forecast | $46.50M | $46.50M | $45.40M | $44.13M | $41.70M | $43.82M | $42.02M | $42.33M | $40.42M | $43.96M | $53.40M | $49.46M | $47.84M | $50.77M | $53.68M | $70.02M | $63.39M | $56.82M | $46.65M | $35.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.20% | 1.22% | 1.01% | 1.09% | 1.24% | 1.88% | 0.96% |
ProFrac's average Quarter SG&A projection for Mar 24 is $49.46M, based on 2 Wall Street analysts, with a range of $49.46M to $49.46M. The forecast indicates a -16.60% fall compared to ACDC last annual SG&A of $59.30M (Dec 23).
ProFrac EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.61 | $-0.21 | $0.10 | $1.10 | $2.15 | $3.48 | $1.70 | $0.68 |
| Avg Forecast | $0.03 | $0.02 | $-0.05 | $-0.16 | - | - | $-0.11 | $-0.18 | $-0.23 | $-0.15 | $0.13 | $0.04 | $0.04 | $0.09 | $0.23 | $0.80 | $1.00 | $0.73 | $0.61 | $0.05 |
| High Forecast | $0.03 | $0.02 | $-0.05 | $-0.14 | - | - | $-0.10 | $-0.17 | $-0.12 | $-0.13 | $0.13 | $0.04 | $0.09 | $0.09 | $0.25 | $0.87 | $1.09 | $0.73 | $0.61 | $0.05 |
| Low Forecast | $0.03 | $0.02 | $-0.06 | $-0.17 | - | - | $-0.12 | $-0.19 | $-0.33 | $-0.16 | $0.13 | $0.04 | $0.01 | $0.09 | $0.21 | $0.73 | $0.91 | $0.73 | $0.61 | $0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -14.34% | -2.37% | 0.43% | 1.37% | 2.15% | 4.78% | 2.79% | 13.60% |
According to 2 Wall Street analysts, ProFrac's projected average Quarter EPS for Sep 23 is $0.09, with a low estimate of $0.09 and a high estimate of $0.09. This represents a -9.71% decrease compared to ACDC previous annual EPS of $0.10 (Jun 23).
ProFrac Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NINE | Nine Energy Service | $0.99 | $18.00 | 1718.18% | Buy |
| PUMP | ProPetro | $9.31 | $16.75 | 79.91% | Hold |
| HLX | Helix Energy Solutions Group | $9.19 | $14.00 | 52.34% | Buy |
| NR | Newpark Resources | $7.62 | $11.00 | 44.36% | Buy |
| LBRT | Liberty Energy | $18.67 | $22.83 | 22.28% | Hold |
| MRC | MRC Global | $13.18 | $16.00 | 21.40% | Buy |
| NGS | Natural Gas Services Group | $25.44 | $28.00 | 10.06% | Buy |
| ACDC | ProFrac | $7.50 | $6.75 | -10.00% | Buy |
| RNGR | Ranger Energy Services | $14.93 | $13.00 | -12.93% | Hold |