RPC (RES) Stock Forecast, Price Target & Predictions
RES Stock Forecast
RPC stock forecast is as follows: an average price target of $10.00 (represents a 76.06% upside from RES’s last price of $5.68) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
RES Price Target
The average price target for RPC (RES) is $10.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $7.00. This represents a potential 76.06% upside from RES's last price of $5.68.
RES Analyst Ratings
According to 2 Wall Street analysts, RPC's rating consensus is 'Hold'. The analyst rating breakdown for RES stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
RPC Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Stephen Gengaro | Stifel Nicolaus | $7.00 | $6.93 | 1.01% | 23.24% |
| Apr 27, 2022 | Don Crist | Johnson Rice | $13.00 | $10.13 | 28.33% | 128.87% |
The latest RPC stock forecast, released on Oct 11, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $7.00, which represents a 1.01% increase from the stock price at the time of the forecast ($6.93), and a 23.24% increase from RES last price ($5.68).
RPC Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $7.00 | $7.00 | $7.00 |
| Last Closing Price | $5.68 | $5.68 | $5.68 |
| Upside/Downside | 23.24% | 23.24% | 23.24% |
In the current month, the average price target of RPC stock is $7.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 23.24% increase as opposed to RPC's last price of $5.68. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 08, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Jun 16, 2023 | Citigroup | - | Sell | Downgrade |
| Apr 27, 2022 | Johnson Rice | - | Accumulate | Upgrade |
RPC's last stock rating was published by Susquehanna on Apr 08, 2024. The company gave RES a "Neutral" rating, the same as its previous rate.
RPC Financial Forecast
RPC Revenue Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $415.86M | $476.67M | $482.03M | $459.60M | $375.51M | $284.62M | $268.25M | $225.31M | $188.76M | $182.61M | $148.64M | $116.59M | $89.30M | $243.78M | $236.00M | $293.24M | $358.52M | $334.66M | $436.33M | $298.12M |
| Avg Forecast | $354.90M | $358.27M | $351.37M | $335.97M | $329.29M | $365.33M | $381.18M | $393.33M | $374.22M | $376.65M | $480.20M | $487.85M | $457.48M | $410.27M | $328.60M | $284.40M | $239.77M | $212.64M | $202.63M | $158.79M | $125.63M | $96.62M | $103.27M | $230.45M | $237.09M | $334.32M | $362.63M | $350.42M | $509.02M | $596.20M |
| High Forecast | $358.19M | $361.59M | $354.62M | $339.09M | $332.34M | $368.13M | $381.18M | $393.33M | $377.69M | $379.47M | $484.65M | $492.37M | $461.71M | $410.27M | $328.60M | $284.40M | $239.77M | $212.64M | $202.63M | $158.79M | $125.63M | $96.62M | $103.27M | $230.45M | $237.09M | $334.32M | $362.63M | $350.42M | $610.82M | $715.44M |
| Low Forecast | $351.61M | $354.96M | $348.11M | $332.86M | $326.24M | $362.52M | $381.18M | $393.33M | $370.75M | $374.29M | $475.75M | $483.33M | $453.24M | $410.27M | $328.60M | $284.40M | $239.77M | $212.64M | $202.63M | $158.79M | $125.63M | $96.62M | $103.27M | $230.45M | $237.09M | $334.32M | $362.63M | $350.42M | $407.21M | $476.96M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.98% | 1.05% | 1.12% | 1.14% | 1.00% | 1.12% | 1.06% | 0.93% | 1.15% | 1.18% | 1.21% | 0.86% | 1.06% | 1.00% | 0.88% | 0.99% | 0.96% | 0.86% | 0.50% |
RPC's average Quarter revenue forecast for Sep 23 based on 3 analysts is $376.65M, with a low forecast of $374.29M, and a high forecast of $379.47M. RES's average Quarter revenue forecast represents a -9.43% decrease compared to the company's last Quarter revenue of $415.86M (Jun 23).
RPC EBITDA Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $82.68M | $90.34M | $111.13M | $90.89M | $58.82M | $20.60M | $35.80M | $23.77M | $14.09M | $6.34M | $958.00K | $-15.86M | $-21.11M | $25.57M | $22.53M | $25.69M | $51.54M | $38.64M | $103.38M | $45.81M |
| Avg Forecast | $14.99M | $15.14M | $14.85M | $14.20M | $13.91M | $15.44M | $16.10M | $51.91M | $15.81M | $15.91M | $20.29M | $47.19M | $54.66M | $17.33M | $13.88M | $42.90M | $10.13M | $8.98M | $8.56M | $5.85M | $5.31M | $4.08M | $4.36M | $-230.33M | $10.02M | $14.13M | $15.32M | $80.26M | $119.71M | $106.49M |
| High Forecast | $15.13M | $15.28M | $14.98M | $14.33M | $14.04M | $15.55M | $16.10M | $62.29M | $15.96M | $16.03M | $20.48M | $56.62M | $65.59M | $17.33M | $13.88M | $51.48M | $10.13M | $8.98M | $8.56M | $7.02M | $5.31M | $4.08M | $4.36M | $-184.27M | $10.02M | $14.13M | $15.32M | $96.31M | $143.65M | $127.78M |
| Low Forecast | $14.86M | $15.00M | $14.71M | $14.06M | $13.78M | $15.32M | $16.10M | $41.52M | $15.66M | $15.81M | $20.10M | $37.75M | $43.72M | $17.33M | $13.88M | $34.32M | $10.13M | $8.98M | $8.56M | $4.68M | $5.31M | $4.08M | $4.36M | $-276.40M | $10.02M | $14.13M | $15.32M | $64.21M | $95.77M | $85.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 4.08% | 1.91% | 2.03% | 5.24% | 4.24% | 0.48% | 3.53% | 2.65% | 1.65% | 1.08% | 0.18% | -3.88% | -4.84% | -0.11% | 2.25% | 1.82% | 3.36% | 0.48% | 0.86% | 0.43% |
3 analysts predict RES's average Quarter EBITDA for Sep 23 to be $15.91M, with a high of $16.03M and a low of $15.81M. This is -80.75% lower than RPC's previous annual EBITDA (Jun 23) of $82.68M.
RPC Net Income Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 19 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $65.01M | $71.52M | $87.00M | $69.34M | $46.94M | $15.08M | $12.34M | $5.27M | $-726.00K | $-9.66M | $-10.24M | $-16.44M | $-25.09M | $-160.42M | $-23.36M | $-69.18M | $6.17M | $-739.00K | $52.13M | $3.63M |
| Avg Forecast | $21.12M | $22.53M | $19.72M | $16.90M | $15.84M | $26.41M | $29.05M | $18.25M | $38.98M | $50.17M | $75.35M | $16.59M | $17.17M | $45.42M | $21.12M | $15.08M | $6.82M | $-58.30K | $-3.38M | $-7.25M | $-16.93M | $-20.14M | $-28.25M | $-206.26M | $-23.06M | $-1.54M | $8.94M | $-1.41M | $59.58M | $8.18M |
| High Forecast | $21.38M | $22.80M | $19.95M | $17.10M | $16.03M | $26.93M | $29.10M | $21.89M | $39.45M | $56.44M | $76.25M | $19.90M | $20.60M | $45.42M | $21.12M | $18.09M | $6.82M | $-58.30K | $-3.38M | $-5.80M | $-16.93M | $-20.14M | $-28.25M | $-165.01M | $-23.06M | $-1.54M | $8.94M | $-1.13M | $71.49M | $9.81M |
| Low Forecast | $20.87M | $22.26M | $19.48M | $16.70M | $15.65M | $25.88M | $28.99M | $14.60M | $38.51M | $45.99M | $74.44M | $13.27M | $13.74M | $45.42M | $21.12M | $12.06M | $6.82M | $-58.30K | $-3.38M | $-8.70M | $-16.93M | $-20.14M | $-28.25M | $-247.51M | $-23.06M | $-1.54M | $8.94M | $-1.69M | $47.66M | $6.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.86% | 4.31% | 5.07% | 1.53% | 2.22% | 1.00% | 1.81% | -90.32% | 0.21% | 1.33% | 0.60% | 0.82% | 0.89% | 0.78% | 1.01% | 45.02% | 0.69% | 0.53% | 0.88% | 0.44% |
RPC's average Quarter net income forecast for Sep 23 is $50.17M, with a range of $45.99M to $56.44M. RES's average Quarter net income forecast represents a -22.83% decrease compared to the company's last Quarter net income of $65.01M (Jun 23).
RPC SG&A Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 19 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $44.52M | $59.57M | $41.13M | $38.24M | $35.88M | $36.24M | $32.13M | $31.45M | $29.40M | $30.59M | $26.02M | $32.38M | $28.77M | $36.53M | $36.84M | $42.57M | $43.29M | $45.42M | $43.81M | $37.16M |
| Avg Forecast | $48.57M | $49.04M | $48.09M | $45.98M | $45.07M | $50.00M | $52.17M | $43.85M | $51.22M | $51.55M | $65.72M | $39.86M | $44.71M | $56.15M | $44.97M | $36.24M | $32.82M | $29.10M | $27.73M | $22.95M | $17.19M | $13.22M | $14.13M | $46.97M | $32.45M | $45.76M | $49.63M | $86.50M | $50.07M | $83.60M |
| High Forecast | $49.02M | $49.49M | $48.54M | $46.41M | $45.49M | $50.38M | $52.17M | $52.62M | $51.69M | $51.94M | $66.33M | $47.84M | $53.65M | $56.15M | $44.97M | $43.49M | $32.82M | $29.10M | $27.73M | $27.54M | $17.19M | $13.22M | $14.13M | $56.36M | $32.45M | $45.76M | $49.63M | $103.80M | $60.09M | $100.32M |
| Low Forecast | $48.12M | $48.58M | $47.64M | $45.56M | $44.65M | $49.62M | $52.17M | $35.08M | $50.74M | $51.23M | $65.11M | $31.89M | $35.76M | $56.15M | $44.97M | $28.99M | $32.82M | $29.10M | $27.73M | $18.36M | $17.19M | $13.22M | $14.13M | $37.57M | $32.45M | $45.76M | $49.63M | $69.20M | $40.06M | $66.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.68% | 1.49% | 0.92% | 0.68% | 0.80% | 1.00% | 0.98% | 1.08% | 1.06% | 1.33% | 1.51% | 2.45% | 2.04% | 0.78% | 1.14% | 0.93% | 0.87% | 0.53% | 0.88% | 0.44% |
RPC's average Quarter SG&A projection for Sep 23 is $51.55M, based on 3 Wall Street analysts, with a range of $51.23M to $51.94M. The forecast indicates a 15.80% rise compared to RES last annual SG&A of $44.52M (Jun 23).
RPC EPS Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 19 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.30 | $0.33 | $0.40 | $0.32 | $0.22 | $0.07 | $0.06 | $0.02 | $-0.00 | $-0.05 | $-0.05 | $-0.08 | $-0.12 | $-0.76 | $-0.11 | $-0.33 | $0.03 | $-0.00 | $0.24 | $0.02 |
| Avg Forecast | $0.10 | $0.11 | $0.09 | $0.08 | $0.07 | $0.13 | $0.14 | $0.17 | $0.18 | $0.24 | $0.36 | $0.36 | $0.29 | $0.21 | $0.10 | $0.07 | $0.03 | $-0.00 | $-0.02 | $-0.04 | $-0.08 | $-0.10 | $-0.13 | $-0.06 | $-0.11 | $-0.01 | $0.04 | $0.03 | $0.32 | $-0.09 |
| High Forecast | $0.10 | $0.11 | $0.09 | $0.08 | $0.08 | $0.13 | $0.14 | $0.18 | $0.19 | $0.27 | $0.36 | $0.36 | $0.29 | $0.21 | $0.10 | $0.07 | $0.03 | $-0.00 | $-0.02 | $-0.04 | $-0.08 | $-0.10 | $-0.13 | $-0.06 | $-0.11 | $-0.01 | $0.04 | $0.03 | $0.38 | $-0.07 |
| Low Forecast | $0.10 | $0.11 | $0.09 | $0.08 | $0.07 | $0.12 | $0.14 | $0.17 | $0.18 | $0.22 | $0.35 | $0.36 | $0.28 | $0.21 | $0.10 | $0.07 | $0.03 | $-0.00 | $-0.02 | $-0.04 | $-0.08 | $-0.10 | $-0.13 | $-0.06 | $-0.11 | $-0.01 | $0.04 | $0.03 | $0.26 | $-0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.92% | 1.39% | 1.49% | 2.20% | 1.05% | 1.77% | -72.46% | 0.21% | 1.13% | 0.60% | 0.81% | 0.90% | 11.85% | 1.01% | 45.37% | 0.71% | -0.11% | 0.75% | -0.22% |
According to 3 Wall Street analysts, RPC's projected average Quarter EPS for Sep 23 is $0.24, with a low estimate of $0.22 and a high estimate of $0.27. This represents a -20.83% decrease compared to RES previous annual EPS of $0.30 (Jun 23).
RPC Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PUMP | ProPetro | $7.04 | $16.75 | 137.93% | Hold |
| RES | RPC | $5.68 | $10.00 | 76.06% | Hold |
| NR | Newpark Resources | $6.57 | $11.00 | 67.43% | Buy |
| OIS | Oil States | $4.72 | $7.50 | 58.90% | Hold |
| DNOW | NOW | $11.87 | $18.00 | 51.64% | - |
| CHX | ChampionX | $28.43 | $38.33 | 34.82% | Buy |
| NOV | NOV | $15.39 | $20.67 | 34.31% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| RNGR | Ranger Energy Services | $13.76 | $12.50 | -9.16% | Hold |
| WHD | Cactus | $61.36 | $54.00 | -11.99% | Hold |
| OII | Oceaneering | $25.45 | $21.00 | -17.49% | Buy |
RES Forecast FAQ
Is RPC a good buy?
No, according to 2 Wall Street analysts, RPC (RES) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of RES's total ratings.
What is RES's price target?
RPC (RES) average price target is $10 with a range of $7 to $13, implying a 76.06% from its last price of $5.68. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will RPC stock go up soon?
According to Wall Street analysts' prediction for RES stock, the company can go up by 76.06% (from the last price of $5.68 to the average price target of $10), up by 128.87% based on the highest stock price target, and up by 23.24% based on the lowest stock price target.
Can RPC stock reach $9?
RES's average twelve months analyst stock price target of $10 supports the claim that RPC can reach $9 in the near future.
What is RPC's current price target trend?
1 Wall Street analyst forecast a $7 price target for RPC (RES) this month, up 23.24% from its last price of $5.68. Compared to the last 3 and 12 months, the average price target increased by 23.24% and increased by 23.24%, respectively.
What are RPC's analysts' financial forecasts?
RPC's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.47B (high $1.47B, low $1.46B), average EBITDA is $97.36M (high $107.99M, low $86.73M), average net income is $89.54M (high $93.96M, low $85.12M), average SG&A $191.09M (high $200.66M, low $181.52M), and average EPS is $0.512 (high $0.518, low $0.507). RES's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.4B (high $1.41B, low $1.39B), average EBITDA is $59.17M (high $59.72M, low $58.62M), average net income is $80.27M (high $81.24M, low $79.31M), average SG&A $191.68M (high $193.46M, low $189.91M), and average EPS is $0.38 (high $0.385, low $0.375).
Did the RES's actual financial results beat the analysts' financial forecasts?
Based on RPC's last annual report (Dec 2022), the company's revenue was $1.6B, beating the average analysts forecast of $1.48B by 8.17%. Apple's EBITDA was $281.44M, beating the average prediction of $128.77M by 118.56%. The company's net income was $218.36M, beating the average estimation of $98.79M by 121.04%. Apple's SG&A was $151.49M, missing the average forecast of $182.07M by -16.79%. Lastly, the company's EPS was $1.01, beating the average prediction of $0.669 by 50.89%. In terms of the last quarterly report (Jun 2023), RPC's revenue was $415.86M, missing the average analysts' forecast of $480.2M by -13.40%. The company's EBITDA was $82.68M, beating the average prediction of $20.29M by 307.53%. RPC's net income was $65.01M, missing the average estimation of $75.35M by -13.71%. The company's SG&A was $44.52M, missing the average forecast of $65.72M by -32.27%. Lastly, the company's EPS was $0.3, missing the average prediction of $0.357 by -15.89%