ProPetro (PUMP) Stock Forecast, Price Target & Predictions
PUMP Stock Forecast
ProPetro stock forecast is as follows: an average price target of $16.75 (represents a 128.51% upside from PUMP’s last price of $7.33) 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 128.51% upside from PUMP's last price of $7.33.
PUMP Analyst Ratings
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% | 128.51% |
| May 19, 2022 | - | Piper Sandler | $15.50 | $11.92 | 30.03% | 111.46% |
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 128.51% increase from PUMP last price ($7.33).
ProPetro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $7.33 | $7.33 | $7.33 |
| 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 $7.33. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $423.80M | $435.25M | $423.57M | $348.93M | $333.01M | - | $282.68M | $246.07M | $250.10M | $216.89M | $161.46M | $154.34M | $133.71M | $106.11M | $395.07M | $434.79M | $541.85M |
| Avg Forecast | $529.00M | $542.00M | $537.00M | $521.00M | $348.25M | $371.25M | $372.90M | $355.53M | $352.62M | $369.77M | $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 | $108.92M | $393.15M | $415.15M | $507.62M |
| High Forecast | $556.77M | $570.46M | $565.19M | $548.35M | $366.53M | $390.74M | $392.47M | $374.20M | $371.14M | $392.22M | $380.85M | $413.75M | $408.03M | $422.49M | $459.18M | $429.01M | $368.69M | $353.60M | $309.10M | $323.23M | $287.16M | $267.55M | $239.38M | $204.78M | $180.07M | $160.31M | $128.58M | $464.11M | $490.08M | $599.24M |
| Low Forecast | $464.18M | $475.59M | $471.20M | $457.16M | $305.58M | $325.76M | $327.20M | $311.97M | $309.42M | $333.13M | $317.51M | $344.94M | $307.60M | $376.08M | $382.81M | $357.67M | $307.38M | $294.79M | $309.10M | $255.71M | $227.18M | $211.67M | $189.38M | $162.00M | $142.45M | $126.82M | $101.72M | $367.17M | $387.71M | $474.07M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.00% | 1.04% | 1.00% | 0.99% | - | 1.03% | 1.01% | 1.10% | 1.07% | 0.93% | 1.01% | 0.98% | 0.97% | 1.00% | 1.05% | 1.07% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $315.43M | $323.75M | $110.63M | $81.41M | $80.09M | - | $64.06M | $10.42M | $27.33M | $21.19M | $6.62M | $-20.88M | $703.00K | $8.58M | $32.77M | $69.18M | $86.14M |
| Avg Forecast | $105.49M | $108.08M | $107.08M | $103.89M | $69.45M | $74.03M | $74.36M | $70.90M | $70.32M | $73.74M | $72.16M | $44.28M | $70.62M | $80.85M | $87.00M | $40.26M | $69.85M | $27.24M | $61.64M | $36.60M | $168.74M | $21.53M | $14.13M | $4.41M | $-10.21M | $590.52K | $9.01M | $78.40M | $82.79M | $116.54M |
| High Forecast | $111.03M | $113.76M | $112.71M | $109.35M | $73.09M | $77.92M | $78.26M | $74.62M | $74.01M | $78.21M | $75.95M | $53.14M | $81.37M | $84.25M | $91.57M | $48.31M | $73.52M | $32.69M | $61.64M | $43.92M | $202.49M | $25.84M | $16.96M | $5.29M | $-8.17M | $708.62K | $10.81M | $92.55M | $97.73M | $139.85M |
| Low Forecast | $92.56M | $94.84M | $93.96M | $91.16M | $60.94M | $64.96M | $65.25M | $62.21M | $61.70M | $66.43M | $63.32M | $35.42M | $61.34M | $74.99M | $76.34M | $32.20M | $61.29M | $21.79M | $61.64M | $29.28M | $134.99M | $17.23M | $11.30M | $3.53M | $-12.25M | $472.42K | $7.21M | $73.22M | $77.31M | $93.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.90% | 3.72% | 2.75% | 1.17% | 2.94% | - | 1.75% | 0.06% | 1.27% | 1.50% | 1.50% | 2.05% | 1.19% | 0.95% | 0.42% | 0.84% | 0.74% |
5 analysts predict PUMP's average Quarter EBITDA for Dec 23 to be $70.62M, with a high of $81.37M and a low of $61.34M. This is -77.61% lower than ProPetro's previous annual EBITDA (Sep 23) of $315.43M.
ProPetro 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $34.75M | $39.26M | $28.73M | $13.04M | $10.03M | - | $11.82M | $-20.23M | $-5.07M | $-8.51M | $-20.38M | $-44.11M | $-29.18M | $-25.92M | $-7.80M | $22.68M | $34.40M |
| Avg Forecast | $19.13M | $23.39M | $21.26M | $17.01M | $6.73M | $11.34M | $9.57M | $9.57M | $1.49M | $5.32M | $7.59M | $13.19M | $9.04M | $31.18M | $42.90M | $11.99M | $33.38M | $-5.05M | $20.57M | $10.90M | $-327.76M | $-3.99M | $-5.67M | $-13.58M | $-21.57M | $-24.51M | $-27.22M | $17.92M | $31.45M | $46.54M |
| High Forecast | $20.44M | $24.98M | $22.71M | $18.17M | $7.19M | $12.11M | $10.22M | $10.22M | $1.59M | $15.95M | $8.11M | $15.83M | $13.55M | $43.01M | $45.83M | $14.39M | $35.66M | $-4.04M | $20.57M | $13.08M | $-262.21M | $-3.19M | $-4.54M | $-10.87M | $-17.25M | $-19.61M | $-21.77M | $22.13M | $38.83M | $55.84M |
| Low Forecast | $16.09M | $19.66M | $17.87M | $14.30M | $5.66M | $9.53M | $8.04M | $8.04M | $1.25M | $-885.86K | $6.38M | $10.55M | $4.52M | $24.73M | $36.07M | $9.59M | $28.06M | $-6.06M | $20.57M | $8.72M | $-393.31M | $-4.79M | $-6.81M | $-16.30M | $-25.88M | $-29.42M | $-32.66M | $16.38M | $28.75M | $37.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 0.92% | 2.40% | 0.39% | -1.99% | - | 1.08% | 0.06% | 1.27% | 1.50% | 1.50% | 2.05% | 1.19% | 0.95% | -0.44% | 0.72% | 0.74% |
ProPetro's average Quarter net income forecast for Dec 23 is $9.04M, with a range of $4.52M to $13.55M. PUMP's average Quarter net income forecast represents a -74.00% decrease compared to the company's last Quarter net income of $34.75M (Sep 23).
ProPetro 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.60M | $29.02M | $28.75M | $26.73M | $28.19M | - | $31.71M | $23.84M | $21.35M | $17.53M | $20.20M | $19.68M | $21.82M | $20.33M | $24.94M | $31.10M | $27.56M |
| Avg Forecast | $43.74M | $44.82M | $44.40M | $43.08M | $28.80M | $30.70M | $30.83M | $29.40M | $29.16M | $30.57M | $29.92M | $35.39M | $29.28M | $33.53M | $36.07M | $32.18M | $28.96M | $21.28M | $25.56M | $29.25M | $20.11M | $16.82M | $11.69M | $13.47M | $9.62M | $18.33M | $21.35M | $32.51M | $34.33M | $37.28M |
| High Forecast | $46.04M | $47.17M | $46.73M | $45.34M | $30.31M | $32.31M | $32.45M | $30.94M | $30.69M | $32.43M | $31.49M | $42.47M | $33.74M | $34.93M | $37.97M | $38.61M | $30.49M | $25.53M | $25.56M | $35.10M | $23.74M | $20.18M | $14.02M | $16.16M | $11.55M | $21.99M | $25.62M | $38.38M | $40.52M | $44.74M |
| Low Forecast | $38.38M | $39.32M | $38.96M | $37.80M | $25.27M | $26.94M | $27.06M | $25.80M | $25.58M | $27.54M | $26.25M | $28.32M | $25.43M | $31.10M | $31.65M | $25.74M | $25.42M | $17.02M | $25.56M | $23.40M | $18.78M | $13.46M | $9.35M | $10.77M | $7.70M | $14.66M | $17.08M | $30.36M | $32.06M | $29.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.80% | 0.89% | 0.92% | 1.32% | - | 1.08% | 1.19% | 1.27% | 1.50% | 1.50% | 2.05% | 1.19% | 0.95% | 0.77% | 0.91% | 0.74% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.31 | $0.34 | $0.25 | $0.12 | $0.10 | - | $0.11 | $-0.20 | $-0.05 | $-0.08 | $-0.20 | $-0.44 | $-0.29 | $-0.26 | $-0.08 | $0.23 | $0.34 |
| Avg Forecast | $0.18 | $0.22 | $0.20 | $0.16 | $0.06 | $0.11 | $0.09 | $0.09 | $0.01 | $0.05 | $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 | $-0.20 | $0.16 | $0.29 | $0.47 |
| High Forecast | $0.19 | $0.24 | $0.21 | $0.17 | $0.07 | $0.11 | $0.10 | $0.10 | $0.01 | $0.15 | $0.08 | $0.07 | $0.13 | $0.40 | $0.43 | $0.48 | $0.34 | $0.31 | $0.19 | $0.03 | $-0.02 | $-0.03 | $-0.06 | $-0.15 | $-0.18 | $-0.24 | $-0.18 | $0.20 | $0.35 | $0.58 |
| Low Forecast | $0.15 | $0.18 | $0.17 | $0.13 | $0.05 | $0.09 | $0.08 | $0.08 | $0.01 | $-0.01 | $0.06 | $0.05 | $0.04 | $0.23 | $0.34 | $0.38 | $0.26 | $0.24 | $0.19 | $0.02 | $-0.03 | $-0.04 | $-0.08 | $-0.21 | $-0.25 | $-0.33 | $-0.25 | $0.15 | $0.26 | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.84% | 0.56% | 0.38% | 0.35% | - | 4.89% | 8.33% | 1.60% | 1.20% | 1.19% | 2.18% | 1.09% | 1.29% | -0.49% | 0.81% | 0.72% |
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 |
|---|---|---|---|---|---|
| KLXE | KLX Energy Services | $6.22 | $17.25 | 177.33% | Hold |
| PUMP | ProPetro | $7.33 | $16.75 | 128.51% | Hold |
| RES | RPC | $5.97 | $13.00 | 117.76% | Hold |
| NR | Newpark Resources | $7.20 | $11.00 | 52.78% | 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 | $19.15 | $23.11 | 20.68% | Buy |
| AROC | Archrock | $19.17 | $22.00 | 14.76% | Buy |
| RNGR | Ranger Energy Services | $11.64 | $12.50 | 7.39% | Hold |
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 128.51% from its last price of $7.33. 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 128.51% (from the last price of $7.33 to the average price target of $16.75), up by 128.51% based on the highest stock price target, and up by 128.51% based on the lowest stock price target.
Can ProPetro stock reach $11?
PUMP's average twelve months analyst stock price target of $16.75 supports the claim that ProPetro can reach $11 in the near future.
What are ProPetro's analysts' financial forecasts?
ProPetro's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.45B (high $1.52B, low $1.27B), average EBITDA is $288.74M (high $303.89M, low $253.36M), average net income is $37.21M (high $39.75M, low $31.28M), average SG&A $119.72M (high $126.01M, low $105.05M), and average EPS is $0.35 (high $0.374, low $0.294). PUMP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.13B (high $2.24B, low $1.87B), average EBITDA is $424.55M (high $446.84M, low $372.53M), average net income is $80.79M (high $86.31M, low $67.92M), average SG&A $176.04M (high $185.28M, low $154.47M), and average EPS is $0.76 (high $0.812, low $0.639).
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 $278.73M by 37.86%. The company's net income was $85.63M, missing the average estimation of $95.11M by -9.96%. 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 $80.85M by 290.13%. ProPetro's net income was $34.75M, beating the average estimation of $31.18M by 11.45%. 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%