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 1328.57% upside from NINE’s last price of $1.26) 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 1328.57% upside from NINE's last price of $1.26.
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 | - | - | 10.63% | 1328.57% |
| Aug 08, 2022 | EF Hutton | - | - | 173.72% | 495.24% |
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 1328.57% increase from NINE last price ($1.26).
Nine Energy Service Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.26 | $1.26 | $1.26 |
| 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 $1.26. 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 | $134.70M | $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 | $134.70M | $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 | $134.70M | $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 | $-23.94M | $-24.51M | $-23.94M | $-23.08M | $-23.08M | $-23.51M | $-23.22M | $-22.65M | $-19.31M | $-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 | $3.53M | $-174.36M | $9.06M | $12.31M |
| High Forecast | $-23.94M | $-24.51M | $-23.94M | $-23.08M | $-23.08M | $-23.51M | $-23.22M | $-22.65M | $-19.31M | $-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 | $3.53M | $-139.49M | $9.06M | $12.31M |
| Low Forecast | $-23.94M | $-24.51M | $-23.94M | $-23.08M | $-23.08M | $-23.51M | $-23.22M | $-22.65M | $-19.31M | $-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 | $3.53M | $-209.23M | $9.06M | $12.31M |
| 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% | -0.74% | 1.61% | -21.80% | 0.55% |
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 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 | $-3.92M | $-3.92M | $-7.84M | $-7.84M | $-3.92M | $-7.84M | $-7.84M | $-7.84M | $-7.84M | $-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 | $-3.92M | $-3.92M | $-7.84M | $-7.84M | $-3.92M | $-7.84M | $-7.84M | $-7.84M | $-7.84M | $-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 | $-3.92M | $-3.92M | $-7.84M | $-7.84M | $-3.92M | $-7.84M | $-7.84M | $-7.84M | $-7.84M | $-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 | $19.08M | $19.54M | $19.08M | $18.39M | $18.39M | $18.74M | $18.51M | $18.05M | $15.39M | $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 | $6.88M | $10.19M | $17.67M | $23.99M |
| High Forecast | $19.08M | $19.54M | $19.08M | $18.39M | $18.39M | $18.74M | $18.51M | $18.05M | $15.39M | $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 | $6.88M | $12.23M | $17.67M | $23.99M |
| Low Forecast | $19.08M | $19.54M | $19.08M | $18.39M | $18.39M | $18.74M | $18.51M | $18.05M | $15.39M | $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 | $6.88M | $8.15M | $17.67M | $23.99M |
| 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% | 1.64% | 1.61% | 1.15% | 0.80% |
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 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 | $-0.10 | $-0.10 | $-0.20 | $-0.20 | $-0.10 | $-0.20 | $-0.20 | $-0.20 | $-0.20 | $-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 | $-0.10 | $-0.10 | $-0.20 | $-0.20 | $-0.10 | $-0.20 | $-0.20 | $-0.20 | $-0.20 | $-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 | $-0.10 | $-0.10 | $-0.20 | $-0.20 | $-0.10 | $-0.20 | $-0.20 | $-0.20 | $-0.20 | $-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 | - | - | 1328.57% | Buy |
| NR | Newpark Resources | - | - | 41.57% | Buy |
| NEX | NexTier Oilfield Solutions | - | - | 27.24% | Hold |
| HLX | Helix Energy Solutions Group | - | - | 25.11% | Buy |
| LBRT | Liberty Energy | - | - | 23.71% | Hold |
| CHX | ChampionX | - | - | 22.54% | Buy |
| ACDC | ProFrac | - | - | -10.60% | Buy |
| WHD | Cactus | - | - | -21.11% | Hold |