Nine Energy Service (NINE) Stock Forecast, Price Target & Predictions

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NINE Stock Forecast

Nine Energy Service stock forecast is as follows: an average price target of $18.00 (represents a 1700.00% upside from NINE’s last price of $1.00) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

NINE Price Target

The average price target for Nine Energy Service (NINE) is $18.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $18.00. This represents a potential 1700.00% upside from NINE's last price of $1.00.

NINE Analyst Ratings

Buy

According to 1 Wall Street analysts, Nine Energy Service's rating consensus is 'Buy'. The analyst rating breakdown for NINE stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Nine Energy Service Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jan 13, 2023	Ignacio Bernaldez	EF Hutton	$18.00	$16.27	10.63%	1700.00%
Aug 08, 2022		EF Hutton	$7.50	$2.74	173.72%	650.00%

The latest Nine Energy Service stock forecast, released on Jan 13, 2023 by Ignacio Bernaldez from EF Hutton, set a price target of $18.00, which represents a 10.63% increase from the stock price at the time of the forecast ($16.27), and a 1700.00% increase from NINE last price ($1.00).

Nine Energy Service Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$1.00	$1.00	$1.00
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Nine Energy Service stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nine Energy Service's last price of $1.00. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Jan 13, 2023	EF Hutton	Buy	Buy	Hold
Aug 08, 2022	EF Hutton	Buy	Buy	Hold

Nine Energy Service's last stock rating was published by EF Hutton on Jan 13, 2023. The company gave NINE a "Buy" rating, the same as its previous rate.

Nine Energy Service Financial Forecast

Nine Energy Service Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$144.07M	$140.62M	$-162.00K	$163.41M	$166.67M	$167.43M	$142.35M	$116.94M	$105.09M	$92.87M	$84.83M	$66.63M	$61.97M	$49.52M
Avg Forecast	$156.00M	$157.00M	$151.00M	$148.00M	$150.00M	$151.00M	$145.00M	$144.00M	$145.00M	$144.00M	$138.00M	$136.00M	$135.00M	$134.60M	$134.00M	$141.90M	$142.00M	$146.10M	$161.90M	$162.10M	$166.30M	$154.20M	$137.42M	$114.90M	$95.80M	$98.60M	$82.50M	$66.65M	$56.55M	$50.99M
High Forecast	$156.00M	$157.00M	$151.00M	$148.00M	$150.00M	$151.00M	$145.00M	$144.00M	$145.00M	$144.00M	$138.00M	$136.00M	$135.00M	$135.30M	$134.00M	$141.90M	$142.00M	$146.10M	$161.90M	$162.10M	$166.30M	$154.20M	$137.42M	$114.90M	$95.80M	$98.60M	$82.50M	$66.65M	$56.55M	$50.99M
Low Forecast	$156.00M	$157.00M	$151.00M	$148.00M	$150.00M	$151.00M	$145.00M	$144.00M	$145.00M	$144.00M	$138.00M	$136.00M	$135.00M	$133.90M	$134.00M	$141.90M	$142.00M	$146.10M	$161.90M	$162.10M	$166.30M	$154.20M	$137.42M	$114.90M	$95.80M	$98.60M	$82.50M	$66.65M	$56.55M	$50.99M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.96%	-0.00%	1.01%	1.00%	1.09%	1.04%	1.02%	1.10%	0.94%	1.03%	1.00%	1.10%	0.97%

Nine Energy Service's average Quarter revenue forecast for Mar 24 based on 1 analysts is $141.90M, with a low forecast of $141.90M, and a high forecast of $141.90M. NINE's average Quarter revenue forecast represents a -1.51% decrease compared to the company's last Quarter revenue of $144.07M (Dec 23).

Nine Energy Service EBITDA Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.19M	$-813.00K	$9.31M	$19.52M	$16.39M	$33.08M	$19.40M	$12.98M	$4.74M	$4.86M	$-2.92M	$14.29M	$-6.20M	$2.44M
Avg Forecast	$-22.36M	$-22.51M	$-21.65M	$-21.22M	$-21.50M	$-21.65M	$-20.79M	$-20.64M	$-20.79M	$-20.64M	$-19.78M	$-19.50M	$-19.35M	$-19.30M	$-19.21M	$-20.34M	$-20.36M	$-20.95M	$-23.21M	$-23.24M	$-23.84M	$8.99M	$8.01M	$17.51M	$5.58M	$5.75M	$4.81M	$11.71M	$3.30M	$2.97M
High Forecast	$-22.36M	$-22.51M	$-21.65M	$-21.22M	$-21.50M	$-21.65M	$-20.79M	$-20.64M	$-20.79M	$-20.64M	$-19.78M	$-19.50M	$-19.35M	$-19.20M	$-19.21M	$-20.34M	$-20.36M	$-20.95M	$-23.21M	$-23.24M	$-23.84M	$8.99M	$8.01M	$21.01M	$5.58M	$5.75M	$4.81M	$14.05M	$3.30M	$2.97M
Low Forecast	$-22.36M	$-22.51M	$-21.65M	$-21.22M	$-21.50M	$-21.65M	$-20.79M	$-20.64M	$-20.79M	$-20.64M	$-19.78M	$-19.50M	$-19.35M	$-19.40M	$-19.21M	$-20.34M	$-20.36M	$-20.95M	$-23.21M	$-23.24M	$-23.84M	$8.99M	$8.01M	$14.01M	$5.58M	$5.75M	$4.81M	$9.37M	$3.30M	$2.97M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11%	0.04%	-0.40%	-0.84%	-0.69%	3.68%	2.42%	0.74%	0.85%	0.85%	-0.61%	1.22%	-1.88%	0.82%

1 analysts predict NINE's average Quarter EBITDA for Mar 24 to be $-20.34M, with a high of $-20.34M and a low of $-20.34M. This is -1027.64% lower than Nine Energy Service's previous annual EBITDA (Dec 23) of $2.19M.

Nine Energy Service Net Income Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-10.30M	$-13.26M	$-2.54M	$-6.11M	$7.98M	$14.29M	$-978.00K	$-6.90M	$-15.75M	$-16.05M	$-24.53M	$-8.25M	$-35.38M	$-18.50M
Avg Forecast	$-2.74M	$-3.14M	$-4.71M	$-5.49M	$-4.71M	$-4.71M	$-5.88M	$-6.67M	$-5.49M	$-6.27M	$-8.23M	$-9.41M	$-9.41M	$-11.76M	$-14.51M	$-12.55M	$-13.72M	$-18.43M	$-1.57M	$3.14M	$13.33M	$5.68M	$-4.26M	$-8.82M	$-19.51M	$-14.90M	$-20.63M	$-6.76M	$-29.73M	$-32.28M
High Forecast	$-2.74M	$-3.14M	$-4.71M	$-5.49M	$-4.71M	$-4.71M	$-5.88M	$-6.67M	$-5.49M	$-6.27M	$-8.23M	$-9.41M	$-9.41M	$-11.76M	$-14.51M	$-12.55M	$-13.72M	$-18.43M	$-1.57M	$3.14M	$13.33M	$5.68M	$-4.26M	$-7.06M	$-19.51M	$-14.90M	$-20.63M	$-5.41M	$-29.73M	$-32.28M
Low Forecast	$-2.74M	$-3.14M	$-4.71M	$-5.49M	$-4.71M	$-4.71M	$-5.88M	$-6.67M	$-5.49M	$-6.27M	$-8.23M	$-9.41M	$-9.41M	$-11.76M	$-14.51M	$-12.55M	$-13.72M	$-18.43M	$-1.57M	$3.14M	$13.33M	$5.68M	$-4.26M	$-10.59M	$-19.51M	$-14.90M	$-20.63M	$-8.11M	$-29.73M	$-32.28M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.75%	0.72%	1.62%	-1.95%	0.60%	2.52%	0.23%	0.78%	0.81%	1.08%	1.19%	1.22%	1.19%	0.57%

Nine Energy Service's average Quarter net income forecast for Mar 23 is $3.14M, with a range of $3.14M to $3.14M. NINE's average Quarter net income forecast represents a -60.71% decrease compared to the company's last Quarter net income of $7.98M (Dec 22).

Nine Energy Service SG&A Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.81M	$13.06M	$14.23M	$19.71M	$13.89M	$13.47M	$12.46M	$11.84M	$11.80M	$11.11M	$12.17M	$10.22M	$10.97M	$10.70M
Avg Forecast	$17.82M	$17.94M	$17.25M	$16.91M	$17.14M	$17.25M	$16.57M	$16.45M	$16.57M	$16.45M	$15.77M	$15.54M	$15.42M	$15.38M	$15.31M	$16.21M	$16.22M	$16.69M	$18.50M	$18.52M	$19.00M	$17.51M	$15.61M	$15.14M	$10.88M	$11.20M	$9.37M	$8.38M	$6.42M	$5.79M
High Forecast	$17.82M	$17.94M	$17.25M	$16.91M	$17.14M	$17.25M	$16.57M	$16.45M	$16.57M	$16.45M	$15.77M	$15.54M	$15.42M	$15.46M	$15.31M	$16.21M	$16.22M	$16.69M	$18.50M	$18.52M	$19.00M	$17.51M	$15.61M	$18.17M	$10.88M	$11.20M	$9.37M	$10.05M	$6.42M	$5.79M
Low Forecast	$17.82M	$17.94M	$17.25M	$16.91M	$17.14M	$17.25M	$16.57M	$16.45M	$16.57M	$16.45M	$15.77M	$15.54M	$15.42M	$15.30M	$15.31M	$16.21M	$16.22M	$16.69M	$18.50M	$18.52M	$19.00M	$17.51M	$15.61M	$12.11M	$10.88M	$11.20M	$9.37M	$6.70M	$6.42M	$5.79M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.79%	0.78%	0.77%	1.06%	0.73%	0.77%	0.80%	0.78%	1.08%	0.99%	1.30%	1.22%	1.71%	1.85%

Nine Energy Service's average Quarter SG&A projection for Mar 24 is $16.21M, based on 1 Wall Street analysts, with a range of $16.21M to $16.21M. The forecast indicates a 26.55% rise compared to NINE last annual SG&A of $12.81M (Dec 23).

Nine Energy Service EPS Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.00	$-0.39	$-0.08	$-0.19	$0.26	$0.46	$-0.03	$-0.23	$-0.52	$-0.53	$-0.81	$-0.28	$-1.18	$-0.62
Avg Forecast	$-0.07	$-0.08	$-0.12	$-0.14	$-0.12	$-0.12	$-0.15	$-0.17	$-0.14	$-0.16	$-0.21	$-0.24	$-0.24	$-0.30	$-0.37	$-0.32	$-0.35	$-0.47	$-0.04	$0.08	$0.34	$0.16	$-0.12	$-0.38	$-0.55	$-0.42	$-0.58	$-0.71	$-0.84	$-0.91
High Forecast	$-0.07	$-0.08	$-0.12	$-0.14	$-0.12	$-0.12	$-0.15	$-0.17	$-0.14	$-0.16	$-0.21	$-0.24	$-0.24	$-0.30	$-0.37	$-0.32	$-0.35	$-0.47	$-0.04	$0.08	$0.34	$0.16	$-0.12	$-0.38	$-0.55	$-0.42	$-0.58	$-0.71	$-0.84	$-0.91
Low Forecast	$-0.07	$-0.08	$-0.12	$-0.14	$-0.12	$-0.12	$-0.15	$-0.17	$-0.14	$-0.16	$-0.21	$-0.24	$-0.24	$-0.30	$-0.37	$-0.32	$-0.35	$-0.47	$-0.04	$0.08	$0.34	$0.16	$-0.12	$-0.38	$-0.55	$-0.42	$-0.58	$-0.71	$-0.84	$-0.91
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.83%	1.91%	-2.38%	0.76%	2.88%	0.26%	0.61%	0.95%	1.26%	1.39%	0.40%	1.41%	0.68%

According to 1 Wall Street analysts, Nine Energy Service's projected average Quarter EPS for Mar 23 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a -69.23% decrease compared to NINE previous annual EPS of $0.26 (Dec 22).

Nine Energy Service 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
HLX	Helix Energy Solutions Group	$9.19	$14.00	52.34%	Buy
NR	Newpark Resources	$7.62	$11.00	44.36%	Buy
CHX	ChampionX	$27.54	$38.33	39.18%	Buy
LBRT	Liberty Energy	$18.67	$22.83	22.28%	Hold
ACDC	ProFrac	$7.50	$6.75	-10.00%	Buy
WHD	Cactus	$61.48	$54.00	-12.17%	Hold

NINE Forecast FAQ

Is Nine Energy Service a good buy?

Yes, according to 1 Wall Street analysts, Nine Energy Service (NINE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of NINE's total ratings.

What is NINE's price target?

Nine Energy Service (NINE) average price target is $18 with a range of $18 to $18, implying a 1700.00% from its last price of $1. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Nine Energy Service stock go up soon?

According to Wall Street analysts' prediction for NINE stock, the company can go up by 1700.00% (from the last price of $1 to the average price target of $18), up by 1700.00% based on the highest stock price target, and up by 1700.00% based on the lowest stock price target.

Can Nine Energy Service stock reach $2?

NINE's average twelve months analyst stock price target of $18 supports the claim that Nine Energy Service can reach $2 in the near future.

What are Nine Energy Service's analysts' financial forecasts?

Nine Energy Service's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $590M (high $590M, low $590M), average EBITDA is $-84.584M (high $-84.584M, low $-84.584M), average net income is $-21.957M (high $-21.957M, low $-21.957M), average SG&A $67.4M (high $67.4M, low $67.4M), and average EPS is $-0.56 (high $-0.56, low $-0.56). NINE's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $612M (high $612M, low $612M), average EBITDA is $-87.738M (high $-87.738M, low $-87.738M), average net income is $-16.076M (high $-16.076M, low $-16.076M), average SG&A $69.92M (high $69.92M, low $69.92M), and average EPS is $-0.41 (high $-0.41, low $-0.41).

Did the NINE's actual financial results beat the analysts' financial forecasts?

Based on Nine Energy Service's last annual report (Dec 2023), the company's revenue was $609.53M, which missed the average analysts forecast of $612.1M by -0.42%. Apple's EBITDA was $17.57M, missing the average prediction of $-87.752M by -120.03%. The company's net income was $-32.213M, beating the average estimation of $-30.584M by 5.33%. Apple's SG&A was $59.82M, missing the average forecast of $69.93M by -14.46%. Lastly, the company's EPS was $-0.001, missing the average prediction of $-0.78 by -99.87%. In terms of the last quarterly report (Dec 2023), Nine Energy Service's revenue was $144.07M, beating the average analysts' forecast of $142M by 1.46%. The company's EBITDA was $2.19M, missing the average prediction of $-20.357M by -110.77%. Nine Energy Service's net income was $-10.305M, missing the average estimation of $-13.723M by -24.91%. The company's SG&A was $12.81M, missing the average forecast of $16.22M by -21.04%. Lastly, the company's EPS was $-0.0003, missing the average prediction of $-0.35 by -99.91%