Nine Energy Service (NINE) Stock Forecast, Price Target & Predictions
NINE Stock Forecast
Nine Energy Service stock forecast is as follows: an average price target of $18.00 (represents a 1664.71% upside from NINE’s last price of $1.02) 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 1664.71% upside from NINE's last price of $1.02.
NINE Analyst Ratings
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% | 1664.71% |
| Aug 08, 2022 | - | EF Hutton | $7.50 | $2.74 | 173.72% | 635.29% |
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 1664.71% increase from NINE last price ($1.02).
Nine Energy Service Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.02 | $1.02 | $1.02 |
| 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 $1.02. 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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $52.73M | $146.62M | $163.41M | $202.31M |
| Avg Forecast | $167.00M | $171.00M | $167.00M | $161.00M | $161.00M | $164.00M | $162.00M | $158.00M | $133.90M | $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 | $60.55M | $155.28M | $155.53M | $211.21M |
| High Forecast | $167.00M | $171.00M | $167.00M | $161.00M | $161.00M | $164.00M | $162.00M | $158.00M | $133.90M | $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 | $60.55M | $155.28M | $155.53M | $211.21M |
| Low Forecast | $167.00M | $171.00M | $167.00M | $161.00M | $161.00M | $164.00M | $162.00M | $158.00M | $133.90M | $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 | $60.55M | $155.28M | $155.53M | $211.21M |
| # 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 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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% | 0.87% | 0.94% | 1.05% | 0.96% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $-2.61M | $-280.49M | $-197.62M | $6.75M |
| Avg Forecast | $9.73M | $9.97M | $9.73M | $9.38M | $9.38M | $9.56M | $9.44M | $9.21M | $7.80M | $7.84M | $7.81M | $8.27M | $8.28M | $8.51M | $9.44M | $9.45M | $9.69M | $8.99M | $8.01M | $17.51M | $5.58M | $5.75M | $4.81M | $11.71M | $3.30M | $2.97M | $3.53M | $-174.36M | $9.06M | $12.31M |
| High Forecast | $9.73M | $9.97M | $9.73M | $9.38M | $9.38M | $9.56M | $9.44M | $9.21M | $7.80M | $7.89M | $7.81M | $8.27M | $8.28M | $8.51M | $9.44M | $9.45M | $9.69M | $8.99M | $8.01M | $21.01M | $5.58M | $5.75M | $4.81M | $14.05M | $3.30M | $2.97M | $3.53M | $-139.49M | $9.06M | $12.31M |
| Low Forecast | $9.73M | $9.97M | $9.73M | $9.38M | $9.38M | $9.56M | $9.44M | $9.21M | $7.80M | $7.80M | $7.81M | $8.27M | $8.28M | $8.51M | $9.44M | $9.45M | $9.69M | $8.99M | $8.01M | $14.01M | $5.58M | $5.75M | $4.81M | $9.37M | $3.30M | $2.97M | $3.53M | $-209.23M | $9.06M | $12.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.26% | -0.10% | 0.99% | 2.07% | 1.69% | 3.68% | 2.42% | 0.74% | 0.85% | 0.85% | -0.61% | 1.22% | -1.88% | 0.82% | -0.74% | 1.61% | -21.80% | 0.55% |
1 analysts predict NINE's average Quarter EBITDA for Mar 24 to be $8.27M, with a high of $8.27M and a low of $8.27M. This is 277.11% upper than Nine Energy Service's previous annual EBITDA (Dec 23) of $2.19M.
Nine Energy Service 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $-24.17M | $-300.90M | $-220.52M | $-20.63M |
| Avg Forecast | $-2.35M | $-2.35M | $-3.53M | $-6.27M | $-3.92M | $-5.88M | $-9.41M | $-11.76M | $-11.76M | $-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 | $-35.90M | $-187.05M | $-16.83M | $-8.29M |
| High Forecast | $-2.35M | $-2.35M | $-3.53M | $-6.27M | $-3.92M | $-5.88M | $-9.41M | $-11.76M | $-11.76M | $-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 | $-35.90M | $-149.64M | $-16.83M | $-8.29M |
| Low Forecast | $-2.35M | $-2.35M | $-3.53M | $-6.27M | $-3.92M | $-5.88M | $-9.41M | $-11.76M | $-11.76M | $-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 | $-35.90M | $-224.46M | $-16.83M | $-8.29M |
| 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% | 0.67% | 1.61% | 13.10% | 2.49% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $11.28M | $16.39M | $20.35M | $19.22M |
| Avg Forecast | $18.97M | $19.42M | $18.97M | $18.29M | $18.29M | $18.63M | $18.40M | $17.95M | $15.21M | $15.29M | $15.22M | $16.12M | $16.13M | $16.59M | $18.39M | $18.41M | $18.89M | $17.51M | $15.61M | $15.14M | $10.88M | $11.20M | $9.37M | $8.38M | $6.42M | $5.79M | $6.88M | $10.19M | $17.67M | $23.99M |
| High Forecast | $18.97M | $19.42M | $18.97M | $18.29M | $18.29M | $18.63M | $18.40M | $17.95M | $15.21M | $15.37M | $15.22M | $16.12M | $16.13M | $16.59M | $18.39M | $18.41M | $18.89M | $17.51M | $15.61M | $18.17M | $10.88M | $11.20M | $9.37M | $10.05M | $6.42M | $5.79M | $6.88M | $12.23M | $17.67M | $23.99M |
| Low Forecast | $18.97M | $19.42M | $18.97M | $18.29M | $18.29M | $18.63M | $18.40M | $17.95M | $15.21M | $15.21M | $15.22M | $16.12M | $16.13M | $16.59M | $18.39M | $18.41M | $18.89M | $17.51M | $15.61M | $12.11M | $10.88M | $11.20M | $9.37M | $6.70M | $6.42M | $5.79M | $6.88M | $8.15M | $17.67M | $23.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.79% | 0.77% | 1.07% | 0.74% | 0.77% | 0.80% | 0.78% | 1.08% | 0.99% | 1.30% | 1.22% | 1.71% | 1.85% | 1.64% | 1.61% | 1.15% | 0.80% |
Nine Energy Service's average Quarter SG&A projection for Mar 24 is $16.12M, based on 1 Wall Street analysts, with a range of $16.12M to $16.12M. The forecast indicates a 25.81% rise compared to NINE last annual SG&A of $12.81M (Dec 23).
Nine Energy Service 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # 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 | 10 | 10 | 10 | 10 | 9 | 9 |
| 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 | $-0.81 | $-10.22 | $-7.51 | $-0.70 |
| Avg Forecast | $-0.06 | $-0.06 | $-0.09 | $-0.16 | $-0.10 | $-0.15 | $-0.24 | $-0.30 | $-0.30 | $-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 | $-1.01 | $-0.40 | $-0.47 | $-0.23 |
| High Forecast | $-0.06 | $-0.06 | $-0.09 | $-0.16 | $-0.10 | $-0.15 | $-0.24 | $-0.30 | $-0.30 | $-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 | $-1.01 | $-0.40 | $-0.47 | $-0.23 |
| Low Forecast | $-0.06 | $-0.06 | $-0.09 | $-0.16 | $-0.10 | $-0.15 | $-0.24 | $-0.30 | $-0.30 | $-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 | $-1.01 | $-0.40 | $-0.47 | $-0.23 |
| 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% | 0.80% | 25.38% | 15.83% | 3.00% |
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 | $1.02 | $18.00 | 1664.71% | Buy |
| NR | Newpark Resources | $6.57 | $11.00 | 67.43% | Buy |
| HLX | Helix Energy Solutions Group | $9.22 | $14.00 | 51.84% | Buy |
| CHX | ChampionX | $28.43 | $38.33 | 34.82% | Buy |
| LBRT | Liberty Energy | $17.09 | $22.70 | 32.83% | Hold |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| ACDC | ProFrac | $6.24 | $6.75 | 8.17% | Buy |
| WHD | Cactus | $61.36 | $54.00 | -11.99% | 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 1664.71% from its last price of $1.02. 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 1664.71% (from the last price of $1.02 to the average price target of $18), up by 1664.71% based on the highest stock price target, and up by 1664.71% 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 2025) are as follows: average revenue is $645M (high $645M, low $645M), average EBITDA is $37.59M (high $37.59M, low $37.59M), average net income is $-30.976M (high $-30.976M, low $-30.976M), average SG&A $73.26M (high $73.26M, low $73.26M), and average EPS is $-0.79 (high $-0.79, low $-0.79). NINE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $666M (high $666M, low $666M), average EBITDA is $38.82M (high $38.82M, low $38.82M), average net income is $-14.508M (high $-14.508M, low $-14.508M), average SG&A $75.64M (high $75.64M, low $75.64M), and average EPS is $-0.37 (high $-0.37, low $-0.37).
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 $35.67M by -50.74%. 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 $69.52M by -13.96%. 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 $8.28M by -73.50%. 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 $16.13M by -20.57%. Lastly, the company's EPS was $-0.0003, missing the average prediction of $-0.35 by -99.91%