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Drilling Tools (DTI) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

DTI Stock Forecast

Drilling Tools (DTI) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $6.65, with a high of $8.50 and a low of $4.80. This represents a 107.17% increase from the last price of $3.21.

$3 $4 $5 $6 $7 $8 $9 High: $8.5 Avg: $6.65 Low: $4.8 Last Closed Price: $3.21

DTI Stock Rating

Drilling Tools stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (50.00%), 1 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 2 0 1 1 Strong Sell Sell Hold Buy Strong Buy

DTI Forecast vs Benchmarks

TypeNameUpside
StockDrilling Tools107.17%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Equipment & Services Stocks20.00%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$6.65
Last Closing Price$3.21$3.21$3.21
Upside/Downside--107.17%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-11--2
Dec, 24-11--2
Nov, 24-11--2
Oct, 24-11--2
Sep, 24-11--2
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 01, 2024Jeff GramppIndustrial Alliance Securities$8.50$5.6251.25%164.80%
May 14, 2024Lloyd ByrneJefferies$4.80$5.32-9.77%49.53%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jul 01, 2024Alliance Global PartnersBuyinitialise
May 14, 2024JefferiesHoldHoldhold

Financial Forecast

EPS Forecast

Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.69----
Avg Forecast$0.61$0.38$0.35$0.47$0.95
High Forecast$0.58$0.36$0.32$0.38$0.91
Low Forecast$0.65$0.39$0.37$0.56$1.01
Surprise %13.11%----

Revenue Forecast

$145M $157M $169M $181M $193M $205M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$152.03M----
Avg Forecast$152.20M$150.40M$168.43M$179.80M$203.80M
High Forecast$146.97M$149.98M$167.07M$175.40M$203.15M
Low Forecast$159.41M$150.81M$169.79M$184.20M$204.45M
Surprise %-0.11%----

Net Income Forecast

$5M $10M $15M $20M $25M $30M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$14.75M----
Avg Forecast$15.33M$9.31M$8.66M$11.81M$24.08M
High Forecast$14.64M$8.94M$8.11M$9.45M$22.81M
Low Forecast$16.27M$9.68M$9.21M$14.17M$25.35M
Surprise %-3.80%----

DTI Forecast FAQ

Is Drilling Tools stock a buy?

Drilling Tools stock has a consensus rating of Buy, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Drilling Tools is a favorable investment for most analysts.

What is Drilling Tools's price target?

Drilling Tools's price target, set by 2 Wall Street analysts, averages $6.65 over the next 12 months. The price target range spans from $4.8 at the low end to $8.5 at the high end, suggesting a potential 107.17% change from the previous close price of $3.21.

How does Drilling Tools stock forecast compare to the average forecast of its sector, industry, and investment themes?

Drilling Tools stock forecast shows a 107.17% upside, outperforming the average forecast for the energy stocks sector (25.44%) and outperforming the oil & gas equipment & services stocks industry (20.00%).

What is the breakdown of analyst ratings for Drilling Tools over the past three months?

  • January 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Drilling Tools’s EPS forecast?

Drilling Tools's average annual EPS forecast for its fiscal year ending in December is 0.38 for 2024, a -44.93% decrease from the reported $0.69 in 2023. The prediction for 2025 is $0.35, $0.47 for 2026, and $0.95 for 2027.

What is Drilling Tools’s revenue forecast?

Drilling Tools's average annual revenue forecast for its fiscal year ending in December is $150.4M for 2024, a -1.07% decrease from the reported $152.03M in 2023. The forecast for 2025 is $168.43M, $179.8M for 2026, and $203.8M for 2027.

What is Drilling Tools’s net income forecast?

For its fiscal year ending in December, Drilling Tools's average annual net income forecast is $9.31M for 2024, reflecting a -36.86% decrease from the reported $14.75M in 2023. The projection for 2025 is $8.66M, $11.81M for 2026, and $24.08M for 2027.