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 103.77% upside from PUMP’s last price of $8.22) 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 103.77% upside from PUMP's last price of $8.22.
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% | 103.77% |
| May 19, 2022 | - | Piper Sandler | $15.50 | $11.92 | 30.03% | 88.56% |
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 103.77% increase from PUMP last price ($8.22).
ProPetro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $8.22 | $8.22 | $8.22 |
| 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 $8.22. 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 | 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $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 | $106.11M | $395.07M | $434.79M | $541.85M |
| Avg Forecast | $360.00M | $380.00M | $375.00M | $364.00M | $346.70M | $375.81M | $359.90M | $344.44M | $328.65M | $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 | $108.92M | $393.15M | $415.15M | $507.62M |
| High Forecast | $370.44M | $391.03M | $385.88M | $374.56M | $356.76M | $386.71M | $370.34M | $365.83M | $338.77M | $367.75M | $361.85M | $393.11M | $408.03M | $422.49M | $448.93M | $419.44M | $360.46M | $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 |
| Low Forecast | $351.34M | $370.85M | $365.97M | $355.24M | $338.36M | $366.76M | $351.24M | $331.06M | $320.47M | $366.07M | $361.85M | $393.11M | $307.60M | $376.08M | $425.77M | $397.80M | $341.87M | $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 |
| # Analysts | 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 | 9 | 9 | 16 | 8 |
| 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% | 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 | 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 | 3 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $8.58M | $32.77M | $69.18M | $86.14M |
| Avg Forecast | $54.78M | $57.83M | $57.07M | $55.39M | $52.76M | $57.19M | $54.77M | $52.42M | $50.01M | $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 | $9.01M | $78.40M | $82.79M | $101.23M |
| High Forecast | $56.37M | $59.51M | $58.72M | $57.00M | $54.29M | $58.85M | $56.36M | $55.67M | $51.55M | $55.96M | $55.07M | $53.14M | $62.09M | $64.29M | $68.32M | $48.31M | $222.74M | $66.99M | $61.64M | $43.92M | $48.51M | $45.20M | $40.44M | $5.29M | $30.42M | $27.08M | $10.81M | $78.40M | $82.79M | $101.23M |
| Low Forecast | $53.47M | $56.44M | $55.69M | $54.06M | $51.49M | $55.81M | $53.45M | $50.38M | $48.77M | $55.71M | $55.07M | $35.42M | $46.81M | $57.23M | $64.79M | $32.20M | $148.49M | $66.99M | $61.64M | $29.28M | $48.51M | $45.20M | $40.44M | $3.53M | $30.42M | $27.08M | $7.21M | $78.40M | $82.79M | $101.23M |
| 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% | 0.95% | 0.42% | 0.84% | 0.85% |
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 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 | 3 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $-25.92M | $-7.80M | $22.68M | $34.40M |
| Avg Forecast | $10.93M | $20.30M | $19.26M | $17.70M | $6.21M | $13.90M | $12.60M | $8.49M | $2.30M | $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 | $-27.22M | $17.29M | $30.35M | $50.07M |
| High Forecast | $11.35M | $21.07M | $19.99M | $18.37M | $6.45M | $14.42M | $13.07M | $14.15M | $4.59M | $2.38M | $7.62M | $15.83M | $13.28M | $42.13M | $43.60M | $14.39M | $-288.43M | $30.45M | $20.06M | $13.08M | $-2.55M | $-3.32M | $-7.08M | $-10.87M | $-21.36M | $-28.22M | $-21.77M | $17.29M | $30.35M | $50.07M |
| Low Forecast | $10.59M | $19.67M | $18.66M | $17.15M | $6.02M | $13.46M | $12.20M | $4.72M | $-4.59M | $2.22M | $7.25M | $10.55M | $4.43M | $24.22M | $40.71M | $9.59M | $-432.64M | $30.45M | $20.06M | $8.72M | $-2.55M | $-3.32M | $-7.08M | $-16.30M | $-21.36M | $-28.22M | $-32.66M | $17.29M | $30.35M | $50.07M |
| 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% | 0.95% | -0.45% | 0.75% | 0.69% |
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 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 | 3 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $20.33M | $24.94M | $31.10M | $27.56M |
| Avg Forecast | $29.77M | $31.42M | $31.01M | $30.10M | $28.67M | $31.07M | $29.76M | $28.48M | $27.17M | $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 | $21.35M | $32.51M | $34.33M | $41.97M |
| High Forecast | $30.63M | $32.33M | $31.91M | $30.97M | $29.50M | $31.98M | $30.62M | $30.25M | $28.01M | $30.41M | $29.92M | $42.47M | $33.74M | $34.93M | $37.12M | $38.61M | $29.81M | $27.78M | $25.56M | $35.10M | $20.11M | $18.74M | $16.77M | $16.16M | $12.61M | $11.23M | $25.62M | $32.51M | $34.33M | $41.97M |
| Low Forecast | $29.05M | $30.66M | $30.26M | $29.37M | $27.98M | $30.33M | $29.04M | $27.37M | $26.50M | $30.27M | $29.92M | $28.32M | $25.43M | $31.10M | $35.21M | $25.74M | $28.27M | $27.78M | $25.56M | $23.40M | $20.11M | $18.74M | $16.77M | $10.77M | $12.61M | $11.23M | $17.08M | $32.51M | $34.33M | $41.97M |
| 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% | 0.95% | 0.77% | 0.91% | 0.66% |
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 | 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 | 3 | 4 | 2 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 15 | 9 | 9 | 16 | 8 |
| 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 | $-0.26 | $-0.08 | $0.23 | $0.34 |
| Avg Forecast | $0.10 | $0.20 | $0.18 | $0.17 | $0.06 | $0.13 | $0.12 | $0.08 | $0.02 | $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 | $-0.20 | $0.16 | $0.29 | $0.47 |
| High Forecast | $0.11 | $0.20 | $0.19 | $0.18 | $0.06 | $0.14 | $0.13 | $0.14 | $0.04 | $0.02 | $0.07 | $0.07 | $0.13 | $0.40 | $0.42 | $0.46 | $0.33 | $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 |
| Low Forecast | $0.10 | $0.19 | $0.18 | $0.16 | $0.06 | $0.13 | $0.12 | $0.05 | $-0.04 | $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 | $-0.20 | $0.16 | $0.29 | $0.47 |
| 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% | 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 | $6.12 | $17.25 | 181.86% | Hold |
| PUMP | ProPetro | $8.22 | $16.75 | 103.77% | Hold |
| RES | RPC | $6.15 | $10.00 | 62.60% | Hold |
| NR | Newpark Resources | $7.77 | $11.00 | 41.57% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| LBRT | Liberty Energy | $18.35 | $22.70 | 23.71% | Hold |
| SLCA | U.S. Silica | $15.49 | $19.00 | 22.66% | Hold |
| AROC | Archrock | $25.74 | $22.00 | -14.53% | Buy |
| RNGR | Ranger Energy Services | $16.70 | $12.50 | -25.15% | Hold |