ProPetro (PUMP) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

PUMP Stock Forecast

ProPetro stock forecast is as follows: an average price target of $16.75 (represents a 91.65% upside from PUMP’s last price of $8.74) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.

PUMP Price Target

The average price target for ProPetro (PUMP) is $16.75 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $16.75 to $16.75. This represents a potential 91.65% upside from PUMP's last price of $8.74.

PUMP Analyst Ratings

Hold

According to 7 Wall Street analysts, ProPetro's rating consensus is 'Hold'. The analyst rating breakdown for PUMP stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ProPetro Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jun 01, 2022		Piper Sandler	$16.75	$13.62	22.98%	91.65%
May 19, 2022		Piper Sandler	$15.50	$11.92	30.03%	77.35%

The latest ProPetro stock forecast, released on Jun 01, 2022 by Piper Sandler company, set a price target of $16.75, which represents a 22.98% increase from the stock price at the time of the forecast ($13.62), and a 91.65% increase from PUMP last price ($8.74).

ProPetro Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$8.74	$8.74	$8.74
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of ProPetro stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ProPetro's last price of $8.74. 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
May 06, 2024	Barclays	Overweight	Overweight	Hold
Jul 19, 2023	Maxim Group		Hold	Downgrade
Jul 19, 2023	Citigroup		Underperform	Downgrade
Jul 19, 2023	Cowen & Co.		Market Perform	Downgrade
Jul 19, 2023	RBC Capital		Sector Perform	Downgrade
Jul 19, 2023	BNP Paribas		Outperform	Upgrade
Jul 19, 2023	Benchmark		Buy	Upgrade
Jan 10, 2023	Barclays		Overweight	Upgrade
May 19, 2022	Piper Sandler	Neutral	Neutral	Hold

ProPetro's last stock rating was published by Barclays on May 06, 2024. The company gave PUMP a "Overweight" rating, the same as its previous rate.

ProPetro Financial Forecast

ProPetro 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$423.80M	$435.25M	$423.57M	$348.93M	$333.01M	$315.08M	$282.68M	$246.07M	$250.10M	$216.89M	$161.46M	$154.34M	$133.71M
Avg Forecast	$349.00M	$398.00M	$395.00M	$392.00M	$351.33M	$383.33M	$381.00M	$367.33M	$344.02M	$377.44M	$364.52M	$347.75M	$327.75M	$366.91M	$361.85M	$393.11M	$354.13M	$405.46M	$436.27M	$407.61M	$350.30M	$335.96M	$309.10M	$273.81M	$243.26M	$226.65M	$202.78M	$173.47M	$152.54M	$135.80M
High Forecast	$356.95M	$407.06M	$404.00M	$400.93M	$359.33M	$392.06M	$389.68M	$375.70M	$351.86M	$386.04M	$372.82M	$362.65M	$332.06M	$367.75M	$361.85M	$393.11M	$408.03M	$422.49M	$446.21M	$416.90M	$358.28M	$335.96M	$309.10M	$273.81M	$243.26M	$226.65M	$202.78M	$173.47M	$152.54M	$135.80M
Low Forecast	$340.90M	$388.76M	$385.83M	$382.90M	$343.18M	$374.44M	$372.16M	$358.81M	$336.04M	$368.68M	$356.06M	$339.14M	$318.33M	$366.07M	$361.85M	$393.11M	$307.60M	$376.08M	$426.15M	$398.15M	$342.17M	$335.96M	$309.10M	$273.81M	$243.26M	$226.65M	$202.78M	$173.47M	$152.54M	$135.80M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	3	4	2	4	4	5	7	6	3	2	2	2	2	3	4	5	6	6	15
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	1.00%	1.04%	1.00%	0.99%	1.02%	1.03%	1.01%	1.10%	1.07%	0.93%	1.01%	0.98%

ProPetro's average Quarter revenue forecast for Dec 23 based on 5 analysts is $354.13M, with a low forecast of $307.60M, and a high forecast of $408.03M. PUMP's average Quarter revenue forecast represents a -16.44% decrease compared to the company's last Quarter revenue of $423.80M (Sep 23).

ProPetro 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	3	4	2	4	4	5	7	6	3	2	2	2	2	3	4	5	6	6	15
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$315.43M	$323.75M	$110.63M	$81.41M	$80.09M	$71.14M	$64.06M	$10.42M	$27.33M	$21.19M	$6.62M	$-20.88M	$703.00K
Avg Forecast	$53.11M	$60.57M	$60.11M	$59.65M	$53.47M	$58.34M	$57.98M	$55.90M	$52.35M	$57.44M	$55.47M	$52.92M	$49.88M	$55.84M	$55.07M	$44.28M	$53.89M	$61.70M	$66.39M	$40.26M	$185.61M	$66.99M	$61.64M	$36.60M	$48.51M	$45.20M	$40.44M	$4.41M	$30.42M	$27.08M
High Forecast	$54.32M	$61.95M	$61.48M	$61.01M	$54.68M	$59.66M	$59.30M	$57.17M	$53.55M	$58.75M	$56.74M	$55.19M	$50.53M	$55.96M	$55.07M	$53.14M	$62.09M	$64.29M	$67.90M	$48.31M	$222.74M	$66.99M	$61.64M	$43.92M	$48.51M	$45.20M	$40.44M	$5.29M	$30.42M	$27.08M
Low Forecast	$51.88M	$59.16M	$58.72M	$58.27M	$52.22M	$56.98M	$56.63M	$54.60M	$51.14M	$56.11M	$54.18M	$51.61M	$48.44M	$55.71M	$55.07M	$35.42M	$46.81M	$57.23M	$64.85M	$32.20M	$148.49M	$66.99M	$61.64M	$29.28M	$48.51M	$45.20M	$40.44M	$3.53M	$30.42M	$27.08M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.11%	4.88%	2.75%	0.44%	1.20%	1.15%	1.75%	0.21%	0.60%	0.52%	1.50%	-0.69%	0.03%

5 analysts predict PUMP's average Quarter EBITDA for Dec 23 to be $53.89M, with a high of $62.09M and a low of $46.81M. This is -82.92% lower than ProPetro's previous annual EBITDA (Sep 23) of $315.43M.

ProPetro 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	3	4	2	4	4	5	7	6	3	2	2	2	2	3	4	5	6	6	15
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$34.75M	$39.26M	$28.73M	$13.04M	$10.03M	$-32.86M	$11.82M	$-20.23M	$-5.07M	$-8.51M	$-20.38M	$-44.11M	$-29.18M
Avg Forecast	-	-	-	-	$8.50M	$16.25M	$15.56M	$18.77M	$6.32M	$14.01M	$12.71M	$8.53M	$1.46M	$2.29M	$7.43M	$13.19M	$8.85M	$30.54M	$42.02M	$11.99M	$-360.53M	$30.45M	$20.06M	$10.90M	$-2.55M	$-3.32M	$-7.08M	$-13.58M	$-21.36M	$-28.22M
High Forecast	-	-	-	-	$8.75M	$16.73M	$16.02M	$19.32M	$6.51M	$14.42M	$13.08M	$13.27M	$14.85M	$2.36M	$7.62M	$15.83M	$13.28M	$42.13M	$43.26M	$14.39M	$-288.43M	$30.45M	$20.06M	$13.08M	$-2.55M	$-3.32M	$-7.08M	$-10.87M	$-21.36M	$-28.22M
Low Forecast	-	-	-	-	$8.24M	$15.76M	$15.09M	$18.20M	$6.13M	$13.59M	$12.32M	$4.74M	$-6.63M	$2.22M	$7.25M	$10.55M	$4.43M	$24.22M	$40.75M	$9.59M	$-432.64M	$30.45M	$20.06M	$8.72M	$-2.55M	$-3.32M	$-7.08M	$-16.30M	$-21.36M	$-28.22M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.14%	0.93%	2.40%	-0.04%	0.33%	-1.64%	1.08%	7.93%	1.53%	1.20%	1.50%	2.07%	1.03%

ProPetro's average Quarter net income forecast for Dec 23 is $8.85M, with a range of $4.43M to $13.28M. PUMP's average Quarter net income forecast represents a -74.53% decrease compared to the company's last Quarter net income of $34.75M (Sep 23).

ProPetro 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	3	4	2	4	4	5	7	6	3	2	2	2	2	3	4	5	6	6	15
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$28.60M	$29.02M	$28.75M	$26.73M	$28.19M	$25.14M	$31.71M	$23.84M	$21.35M	$17.53M	$20.20M	$19.68M	$21.82M
Avg Forecast	$28.86M	$32.91M	$32.66M	$32.41M	$29.05M	$31.70M	$31.50M	$30.37M	$28.45M	$31.21M	$30.14M	$28.75M	$27.10M	$30.34M	$29.92M	$35.39M	$29.28M	$33.53M	$36.07M	$32.18M	$28.96M	$27.78M	$25.56M	$29.25M	$20.11M	$18.74M	$16.77M	$13.47M	$12.61M	$11.23M
High Forecast	$29.51M	$33.66M	$33.40M	$33.15M	$29.71M	$32.42M	$32.22M	$31.07M	$29.09M	$31.92M	$30.83M	$29.99M	$27.46M	$30.41M	$29.92M	$42.47M	$33.74M	$34.93M	$36.90M	$38.61M	$29.62M	$27.78M	$25.56M	$35.10M	$20.11M	$18.74M	$16.77M	$16.16M	$12.61M	$11.23M
Low Forecast	$28.19M	$32.15M	$31.90M	$31.66M	$28.38M	$30.96M	$30.77M	$29.67M	$27.79M	$30.48M	$29.44M	$28.04M	$26.32M	$30.27M	$29.92M	$28.32M	$25.43M	$31.10M	$35.24M	$25.74M	$28.29M	$27.78M	$25.56M	$23.40M	$20.11M	$18.74M	$16.77M	$10.77M	$12.61M	$11.23M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.85%	0.80%	0.89%	0.92%	1.01%	0.98%	1.08%	1.19%	1.14%	1.05%	1.50%	1.56%	1.94%

ProPetro's average Quarter SG&A projection for Dec 23 is $29.28M, based on 5 Wall Street analysts, with a range of $25.43M to $33.74M. The forecast indicates a 2.39% rise compared to PUMP last annual SG&A of $28.60M (Sep 23).

ProPetro 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	3	4	2	4	4	5	7	6	3	2	2	2	2	3	4	5	6	6	15
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.31	$0.34	$0.25	$0.12	$0.10	$-0.32	$0.11	$-0.20	$-0.05	$-0.08	$-0.20	$-0.44	$-0.29
Avg Forecast	-	-	-	-	$0.08	$0.16	$0.15	$0.18	$0.06	$0.13	$0.12	$0.08	$0.01	$0.02	$0.07	$0.06	$0.09	$0.29	$0.40	$0.45	$0.31	$0.29	$0.19	$0.02	$-0.02	$-0.03	$-0.07	$-0.17	$-0.20	$-0.27
High Forecast	-	-	-	-	$0.08	$0.16	$0.15	$0.19	$0.06	$0.14	$0.13	$0.13	$0.14	$0.02	$0.07	$0.07	$0.13	$0.40	$0.42	$0.46	$0.32	$0.29	$0.19	$0.02	$-0.02	$-0.03	$-0.07	$-0.17	$-0.20	$-0.27
Low Forecast	-	-	-	-	$0.08	$0.15	$0.14	$0.17	$0.06	$0.13	$0.12	$0.05	$-0.06	$0.02	$0.07	$0.06	$0.04	$0.23	$0.39	$0.43	$0.30	$0.29	$0.19	$0.02	$-0.02	$-0.03	$-0.07	$-0.17	$-0.20	$-0.27
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.06%	0.84%	0.56%	0.38%	0.35%	-1.70%	4.89%	8.33%	1.60%	1.20%	1.19%	2.18%	1.09%

According to 5 Wall Street analysts, ProPetro's projected average Quarter EPS for Dec 23 is $0.09, with a low estimate of $0.04 and a high estimate of $0.13. This represents a -72.58% decrease compared to PUMP previous annual EPS of $0.31 (Sep 23).

ProPetro Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PUMP	ProPetro	$9.31	$16.75	79.91%	Hold
NR	Newpark Resources	$7.62	$11.00	44.36%	Buy
LBRT	Liberty Energy	$18.67	$22.83	22.28%	Hold
RES	RPC	$5.93	$7.00	18.04%	Hold
KLXE	KLX Energy Services	$4.71	$4.50	-4.46%	Hold
RNGR	Ranger Energy Services	$14.93	$13.00	-12.93%	Hold
AROC	Archrock	$25.59	$22.00	-14.03%	Buy

PUMP Forecast FAQ

Is ProPetro a good buy?

No, according to 7 Wall Street analysts, ProPetro (PUMP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of PUMP's total ratings.

What is PUMP's price target?

ProPetro (PUMP) average price target is $16.75 with a range of $16.75 to $16.75, implying a 91.65% from its last price of $8.74. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ProPetro stock go up soon?

According to Wall Street analysts' prediction for PUMP stock, the company can go up by 91.65% (from the last price of $8.74 to the average price target of $16.75), up by 91.65% based on the highest stock price target, and up by 91.65% based on the lowest stock price target.

Can ProPetro stock reach $13?

PUMP's average twelve months analyst stock price target of $16.75 supports the claim that ProPetro can reach $13 in the near future.

What are ProPetro's analysts' financial forecasts?

ProPetro's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.48B (high $1.52B, low $1.45B), average EBITDA is $225.68M (high $230.82M, low $220.44M), average net income is $59.07M (high $60.82M, low $57.29M), average SG&A $122.62M (high $125.42M, low $119.78M), and average EPS is $0.567 (high $0.584, low $0.55). PUMP's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.53B (high $1.57B, low $1.5B), average EBITDA is $233.44M (high $238.76M, low $228.02M), average net income is $0 (high $0, low $0), average SG&A $126.84M (high $129.73M, low $123.9M), and average EPS is $0 (high $0, low $0).

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

Based on ProPetro's last annual report (Dec 2023), the company's revenue was $1.63B, beating the average analysts forecast of $1.6B by 1.68%. Apple's EBITDA was $384.24M, beating the average prediction of $222.24M by 72.90%. The company's net income was $85.63M, missing the average estimation of $93.4M by -8.32%. Apple's SG&A was $114.35M, missing the average forecast of $131.06M by -12.74%. Lastly, the company's EPS was $0.76, missing the average prediction of $1.23 by -38.12%. In terms of the last quarterly report (Sep 2023), ProPetro's revenue was $423.8M, beating the average analysts' forecast of $405.46M by 4.52%. The company's EBITDA was $315.43M, beating the average prediction of $61.7M by 411.22%. ProPetro's net income was $34.75M, beating the average estimation of $30.54M by 13.79%. The company's SG&A was $28.6M, missing the average forecast of $33.53M by -14.70%. Lastly, the company's EPS was $0.31, beating the average prediction of $0.293 by 5.68%