KLX Energy Services (KLXE) Stock Forecast, Price Target & Predictions
KLXE Stock Forecast
KLX Energy Services stock forecast is as follows: an average price target of $17.25 (represents a 244.31% upside from KLXE’s last price of $5.01) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
KLXE Price Target
The average price target for KLX Energy Services (KLXE) is $17.25 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $4.50. This represents a potential 244.31% upside from KLXE's last price of $5.01.
KLXE Analyst Ratings
According to 1 Wall Street analysts, KLX Energy Services's rating consensus is 'Hold'. The analyst rating breakdown for KLXE stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
KLX Energy Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $4.50 | $4.95 | -9.09% | -10.18% |
| May 20, 2024 | Luke Lemoine | Piper Sandler | $6.50 | $5.87 | 10.73% | 29.74% |
| Dec 22, 2022 | Ignacio Bernaldez | EF Hutton | $30.00 | $15.74 | 90.60% | 498.80% |
The latest KLX Energy Services stock forecast, released on Jul 15, 2024 by Luke Lemoine from Piper Sandler, set a price target of $4.50, which represents a -9.09% decrease from the stock price at the time of the forecast ($4.95), and a -10.18% decrease from KLXE last price ($5.01).
KLX Energy Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $4.50 | $5.50 |
| Last Closing Price | $5.01 | $5.01 | $5.01 |
| Upside/Downside | -100.00% | -10.18% | 9.78% |
In the current month, the average price target of KLX Energy Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to KLX Energy Services's last price of $5.01. 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 |
|---|---|---|---|---|
| Jul 15, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 20, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 14, 2023 | Piper Sandler | Neutral | Neutral | Hold |
KLX Energy Services's last stock rating was published by Piper Sandler on Jul 15, 2024. The company gave KLXE a "Neutral" rating, the same as its previous rate.
KLX Energy Services Financial Forecast
KLX Energy Services Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $194.20M | $220.60M | $234.00M | $239.60M | $223.30M | $221.60M | - | $152.30M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $179.20M | $188.00M | $185.35M | $172.05M | $174.25M | $181.60M | $183.10M | $181.80M | $207.03M | $223.90M | $248.10M | $227.25M | $226.07M | $215.00M | $161.10M | $146.50M | $157.10M | $124.65M | $109.00M | $95.10M | $78.95M | $65.30M | $78.90M | $76.50M | $114.90M | $161.20M | $175.05M | $151.90M | $160.90M |
| High Forecast | $188.71M | $197.97M | $195.18M | $181.18M | $183.49M | $182.00M | $192.81M | $191.44M | $218.02M | $235.78M | $261.26M | $239.30M | $238.06M | $226.40M | $161.10M | $148.94M | $159.72M | $126.73M | $110.82M | $96.69M | $80.27M | $66.39M | $80.22M | $77.78M | $116.82M | $163.89M | $177.97M | $154.43M | $163.58M |
| Low Forecast | $169.69M | $178.03M | $175.52M | $162.92M | $165.01M | $181.20M | $173.39M | $172.16M | $196.05M | $212.02M | $234.94M | $215.20M | $214.08M | $203.60M | $161.10M | $144.33M | $154.78M | $122.81M | $107.39M | $93.69M | $77.78M | $64.33M | $77.73M | $75.37M | $113.20M | $158.82M | $172.46M | $149.65M | $158.52M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 0.94% | 0.99% | 0.94% | 1.05% | 0.99% | 1.03% | - | 1.04% | - | - | - | - | - | - | - | - | - | - | - | - | - |
KLX Energy Services's average Quarter revenue forecast for Mar 24 based on 1 analysts is $181.80M, with a low forecast of $172.16M, and a high forecast of $191.44M. KLXE's average Quarter revenue forecast represents a -6.39% decrease compared to the company's last Quarter revenue of $194.20M (Dec 23).
KLX Energy Services EBITDA Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $22.70M | $36.00M | $37.20M | $32.20M | $37.10M | $34.60M | - | $2.20M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $2.47M | $2.59M | $2.56M | $2.37M | $2.40M | $2.50M | $2.53M | $-12.68M | $2.86M | $3.09M | $3.42M | $-11.53M | $3.12M | $278.75K | $2.22M | $-10.48M | $7.62M | $1.72M | $-6.91M | $1.31M | $-129.31M | $253.41K | $-286.77M | $-9.53M | $-417.60M | $37.35M | $56.41M | $28.23M | $2.22M |
| High Forecast | $2.60M | $2.73M | $2.69M | $2.50M | $2.53M | $2.51M | $2.66M | $-10.15M | $3.01M | $3.25M | $3.60M | $-9.22M | $3.28M | $334.50K | $2.22M | $-8.38M | $9.14M | $1.75M | $-5.53M | $1.33M | $-103.45M | $304.09K | $-229.42M | $-7.62M | $-334.08M | $44.82M | $67.69M | $33.87M | $2.26M |
| Low Forecast | $2.34M | $2.46M | $2.42M | $2.25M | $2.28M | $2.50M | $2.39M | $-15.22M | $2.70M | $2.92M | $3.24M | $-13.84M | $2.95M | $223.00K | $2.22M | $-12.58M | $6.09M | $1.69M | $-8.30M | $1.29M | $-155.17M | $202.73K | $-344.13M | $-11.43M | $-501.12M | $29.88M | $45.13M | $22.58M | $2.19M |
| Surprise % | - | - | - | - | - | - | - | - | 7.95% | 11.66% | 10.87% | -2.79% | 11.90% | 124.12% | - | -0.21% | - | - | - | - | - | - | - | - | - | - | - | - | - |
1 analysts predict KLXE's average Quarter EBITDA for Mar 24 to be $-12.68M, with a high of $-10.15M and a low of $-15.22M. This is -155.87% lower than KLX Energy Services's previous annual EBITDA (Dec 23) of $22.70M.
KLX Energy Services Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-9.20M | $7.60M | $11.40M | $9.40M | $4.20M | $11.10M | - | $-19.90M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-11.10M | $-5.43M | $-5.83M | $-14.66M | $-12.07M | $-7.70M | $-12.37M | $-32.15M | $108.00K | $8.83M | $14.58M | $-29.23M | $14.15M | $-56.87M | $-17.39M | $-26.57M | $-43.40M | $-19.52M | $-18.85M | $-37.12M | $-315.45M | $-51.70M | $-317.75M | $-24.16M | $-628.20M | $4.75M | $-16.40M | $5.38M | $48.80M |
| High Forecast | $-10.33M | $-5.05M | $-5.43M | $-13.65M | $-11.24M | $-7.53M | $-11.51M | $-25.72M | $307.81K | $9.44M | $15.59M | $-23.38M | $15.12M | $-45.49M | $-17.39M | $-21.26M | $-34.72M | $-19.14M | $-15.08M | $-36.41M | $-252.36M | $-41.36M | $-254.20M | $-19.33M | $-502.56M | $5.70M | $-13.12M | $6.46M | $49.86M |
| Low Forecast | $-11.86M | $-5.80M | $-6.23M | $-15.67M | $-12.90M | $-7.86M | $-13.22M | $-38.58M | $-91.80K | $8.22M | $13.57M | $-35.08M | $13.17M | $-68.24M | $-17.39M | $-31.89M | $-52.08M | $-19.94M | $-22.61M | $-37.92M | $-378.54M | $-62.04M | $-381.30M | $-28.99M | $-753.84M | $3.80M | $-19.68M | $4.31M | $47.86M |
| Surprise % | - | - | - | - | - | - | - | - | -85.18% | 0.86% | 0.78% | -0.32% | 0.30% | -0.20% | - | 0.75% | - | - | - | - | - | - | - | - | - | - | - | - | - |
KLX Energy Services's average Quarter net income forecast for Dec 23 is $108.00K, with a range of $-91.80K to $307.81K. KLXE's average Quarter net income forecast represents a -98.58% decrease compared to the company's last Quarter net income of $7.60M (Sep 23).
KLX Energy Services SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 |
| SG&A | - | - | - | - | - | - | - | - | $19.80M | $18.60M | $22.00M | $26.20M | $19.40M | $18.00M | - | $15.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $29.26M | $30.69M | $30.26M | $28.09M | $28.45M | $29.65M | $29.89M | $26.65M | $33.80M | $36.56M | $40.51M | $24.22M | $36.91M | $116.52M | $26.30M | $22.02M | $34.17M | $20.35M | $7.63M | $15.53M | $12.89M | $10.66M | $22.74M | $20.02M | $18.76M | $32.19M | $78.05M | $20.21M | $26.27M |
| High Forecast | $30.81M | $32.32M | $31.87M | $29.58M | $29.96M | $29.72M | $31.48M | $31.97M | $35.60M | $38.50M | $42.66M | $29.07M | $38.87M | $139.82M | $26.30M | $26.43M | $41.00M | $20.69M | $9.16M | $15.79M | $13.11M | $10.84M | $27.29M | $24.02M | $19.07M | $38.63M | $93.66M | $24.25M | $26.71M |
| Low Forecast | $27.71M | $29.07M | $28.66M | $26.60M | $26.94M | $29.58M | $28.31M | $21.32M | $32.01M | $34.62M | $38.36M | $19.38M | $34.95M | $93.21M | $26.30M | $17.62M | $27.33M | $20.05M | $6.10M | $15.30M | $12.70M | $10.50M | $18.19M | $16.02M | $18.48M | $25.75M | $62.44M | $16.17M | $25.88M |
| Surprise % | - | - | - | - | - | - | - | - | 0.59% | 0.51% | 0.54% | 1.08% | 0.53% | 0.15% | - | 0.68% | - | - | - | - | - | - | - | - | - | - | - | - | - |
KLX Energy Services's average Quarter SG&A projection for Mar 24 is $26.65M, based on 1 Wall Street analysts, with a range of $21.32M to $31.97M. The forecast indicates a 34.57% rise compared to KLXE last annual SG&A of $19.80M (Dec 23).
KLX Energy Services EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.57 | $0.48 | $0.71 | $0.66 | $0.34 | $0.96 | - | $-1.97 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-0.69 | $-0.34 | $-0.36 | $-0.91 | $-0.74 | $-0.47 | $-0.76 | $-0.61 | $0.01 | $0.55 | $0.90 | $0.48 | $0.87 | $1.22 | $-1.08 | $-1.48 | $-1.58 | $-1.22 | $-3.19 | $-2.32 | $-2.77 | $-0.33 | $-1.65 | $-6.35 | $-1.95 | $0.30 | $1.65 | $0.72 | $3.05 |
| High Forecast | $-0.64 | $-0.31 | $-0.34 | $-0.84 | $-0.69 | $-0.47 | $-0.71 | $-0.57 | $0.02 | $0.58 | $0.96 | $0.52 | $0.93 | $1.30 | $-1.08 | $-1.45 | $-1.55 | $-1.20 | $-3.13 | $-2.28 | $-2.71 | $-0.32 | $-1.62 | $-6.23 | $-1.91 | $0.31 | $1.69 | $0.74 | $3.12 |
| Low Forecast | $-0.73 | $-0.36 | $-0.38 | $-0.97 | $-0.80 | $-0.48 | $-0.82 | $-0.66 | $-0.01 | $0.51 | $0.84 | $0.45 | $0.81 | $1.14 | $-1.08 | $-1.51 | $-1.61 | $-1.25 | $-3.26 | $-2.37 | $-2.82 | $-0.34 | $-1.69 | $-6.49 | $-1.99 | $0.29 | $1.62 | $0.71 | $2.99 |
| Surprise % | - | - | - | - | - | - | - | - | -85.50% | 0.88% | 0.79% | 1.36% | 0.39% | 0.79% | - | 1.33% | - | - | - | - | - | - | - | - | - | - | - | - | - |
According to 2 Wall Street analysts, KLX Energy Services's projected average Quarter EPS for Dec 23 is $0.01, with a low estimate of $-0.01 and a high estimate of $0.02. This represents a -98.61% decrease compared to KLXE previous annual EPS of $0.48 (Sep 23).
KLX Energy Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| KLXE | KLX Energy Services | $5.01 | $17.25 | 244.31% | Hold |
| PUMP | ProPetro | $7.31 | $16.75 | 129.14% | Hold |
| RES | RPC | $5.78 | $13.00 | 124.91% | Hold |
| OIS | Oil States | $4.58 | $7.50 | 63.76% | Hold |
| CHX | ChampionX | $28.60 | $38.33 | 34.02% | Buy |
| MRC | MRC Global | $12.19 | $16.00 | 31.26% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| SLCA | U.S. Silica | $15.49 | $19.00 | 22.66% | Hold |
| LBRT | Liberty Energy | $19.36 | $23.11 | 19.37% | Buy |
| RNGR | Ranger Energy Services | $11.84 | $12.50 | 5.57% | Hold |
| OII | Oceaneering | $23.20 | $21.00 | -9.48% | Buy |
| FTI | TechnipFMC | $24.25 | $20.88 | -13.90% | Buy |
KLXE Forecast FAQ
Is KLX Energy Services a good buy?
No, according to 1 Wall Street analysts, KLX Energy Services (KLXE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of KLXE's total ratings.
What is KLXE's price target?
KLX Energy Services (KLXE) average price target is $17.25 with a range of $4.5 to $30, implying a 244.31% from its last price of $5.01. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will KLX Energy Services stock go up soon?
According to Wall Street analysts' prediction for KLXE stock, the company can go up by 244.31% (from the last price of $5.01 to the average price target of $17.25), up by 498.80% based on the highest stock price target, and down by -10.18% based on the lowest stock price target.
Can KLX Energy Services stock reach $8?
KLXE's average twelve months analyst stock price target of $17.25 supports the claim that KLX Energy Services can reach $8 in the near future.
What are KLX Energy Services's analysts' financial forecasts?
KLX Energy Services's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $720.75M (high $749.75M, low $691.75M), average EBITDA is $-5.25M (high $-2.446M, low $-8.053M), average net income is $-64.284M (high $-56.008M, low $-72.56M), average SG&A $114.64M (high $123.13M, low $106.15M), and average EPS is $-2.597 (high $-2.44, low $-2.753). KLXE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $724.6M (high $763.04M, low $686.16M), average EBITDA is $9.99M (high $10.52M, low $9.46M), average net income is $-37.017M (high $-34.464M, low $-39.57M), average SG&A $118.31M (high $124.58M, low $112.03M), and average EPS is $-2.285 (high $-2.127, low $-2.443).
Did the KLXE's actual financial results beat the analysts' financial forecasts?
Based on KLX Energy Services's last annual report (Dec 2023), the company's revenue was $888.4M, which missed the average analysts forecast of $906.28M by -1.97%. Apple's EBITDA was $131.5M, missing the average prediction of $-2.165M by -6173.95%. The company's net income was $19.2M, missing the average estimation of $-5.714M by -436.02%. Apple's SG&A was $86.7M, missing the average forecast of $135.09M by -35.82%. Lastly, the company's EPS was $1.22, missing the average prediction of $1.94 by -37.01%. In terms of the last quarterly report (Dec 2023), KLX Energy Services's revenue was $194.2M, missing the average analysts' forecast of $207.03M by -6.20%. The company's EBITDA was $22.7M, beating the average prediction of $2.86M by 695.06%. KLX Energy Services's net income was $-9.2M, missing the average estimation of $108K by -8618.12%. The company's SG&A was $19.8M, missing the average forecast of $33.8M by -41.42%. Lastly, the company's EPS was $-0.57, missing the average prediction of $0.00667 by -8649.57%