RPC (RES) Stock Forecast, Price Target & Predictions

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RES Stock Forecast

RPC stock forecast is as follows: an average price target of $7.00 (represents a 24.33% upside from RES’s last price of $5.63) 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 $7.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 24.33% upside from RES's last price of $5.63.

RES Analyst Ratings

Hold

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%	24.33%
Apr 27, 2022	Don Crist	Johnson Rice	$13.00	$10.13	28.33%	130.91%

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 24.33% increase from RES last price ($5.63).

RPC Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$7.00	$7.00
Last Closing Price	$5.63	$5.63	$5.63
Upside/Downside	-100.00%	24.33%	24.33%

In the current month, the average price target of RPC stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RPC's last price of $5.63. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$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
Avg Forecast	$377.30M	$400.30M	$397.30M	$365.30M	$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
High Forecast	$384.75M	$408.20M	$405.14M	$372.51M	$361.91M	$365.35M	$358.31M	$342.61M	$335.79M	$368.13M	$381.18M	$393.33M	$381.61M	$379.47M	$489.68M	$497.48M	$466.51M	$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
Low Forecast	$370.79M	$393.40M	$390.45M	$359.00M	$348.78M	$352.09M	$345.31M	$330.18M	$323.61M	$362.52M	$381.18M	$393.33M	$367.76M	$374.29M	$471.92M	$479.43M	$449.58M	$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
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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%

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 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	2	2	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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
Avg Forecast	$19.17M	$20.34M	$20.19M	$18.56M	$18.03M	$18.20M	$17.85M	$17.07M	$16.73M	$18.56M	$19.37M	$51.91M	$19.01M	$19.14M	$24.40M	$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
High Forecast	$19.55M	$20.74M	$20.59M	$18.93M	$18.39M	$18.56M	$18.21M	$17.41M	$17.06M	$18.71M	$19.37M	$62.29M	$19.39M	$19.28M	$24.88M	$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
Low Forecast	$18.84M	$19.99M	$19.84M	$18.24M	$17.72M	$17.89M	$17.55M	$16.78M	$16.44M	$18.42M	$19.37M	$41.52M	$18.69M	$19.02M	$23.98M	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.39%	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 analysts predict RES's average Quarter EBITDA for Sep 23 to be $19.14M, with a high of $19.28M and a low of $19.02M. This is -76.85% lower than RPC's previous annual EBITDA (Jun 23) of $82.68M.

RPC 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	2	2	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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
Avg Forecast	$26.30M	$29.58M	$29.00M	$22.41M	$21.51M	$22.93M	$20.70M	$17.73M	$16.22M	$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
High Forecast	$26.97M	$30.34M	$29.75M	$22.99M	$22.06M	$23.52M	$21.23M	$18.18M	$16.63M	$26.93M	$29.10M	$21.89M	$39.98M	$56.44M	$77.28M	$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
Low Forecast	$25.71M	$28.92M	$28.35M	$21.91M	$21.02M	$22.42M	$20.24M	$17.33M	$15.85M	$25.88M	$28.99M	$14.60M	$38.10M	$45.99M	$73.66M	$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
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%

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 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	2	2	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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
Avg Forecast	$51.64M	$54.79M	$54.38M	$50.00M	$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
High Forecast	$52.66M	$55.87M	$55.45M	$50.98M	$49.53M	$50.00M	$49.04M	$46.89M	$45.96M	$50.38M	$52.17M	$52.62M	$52.23M	$51.94M	$67.02M	$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
Low Forecast	$50.75M	$53.84M	$53.44M	$49.13M	$47.74M	$48.19M	$47.26M	$45.19M	$44.29M	$49.62M	$52.17M	$35.08M	$50.33M	$51.23M	$64.59M	$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
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%

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 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	2	2	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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
Avg Forecast	$0.12	$0.14	$0.14	$0.11	$0.10	$0.11	$0.10	$0.08	$0.08	$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
High Forecast	$0.13	$0.14	$0.14	$0.11	$0.10	$0.11	$0.10	$0.09	$0.08	$0.13	$0.14	$0.18	$0.19	$0.27	$0.37	$0.37	$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
Low Forecast	$0.12	$0.14	$0.13	$0.10	$0.10	$0.11	$0.10	$0.08	$0.08	$0.12	$0.14	$0.17	$0.18	$0.22	$0.35	$0.35	$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
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%

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	$9.31	$16.75	79.91%	Hold
OIS	Oil States	$4.95	$7.50	51.52%	Hold
NOV	NOV	$14.56	$22.00	51.10%	Buy
NR	Newpark Resources	$7.62	$11.00	44.36%	Buy
CHX	ChampionX	$27.54	$38.33	39.18%	Buy
DNOW	NOW	$13.80	$18.00	30.43%
RES	RPC	$5.93	$7.00	18.04%	Hold
WHD	Cactus	$61.48	$54.00	-12.17%	Hold
RNGR	Ranger Energy Services	$14.93	$13.00	-12.93%	Hold
OII	Oceaneering	$25.29	$21.00	-16.96%	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 $7 with a range of $7 to $7, implying a 24.33% from its last price of $5.63. 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 24.33% (from the last price of $5.63 to the average price target of $7), up by 24.33% based on the highest stock price target, and up by 24.33% based on the lowest stock price target.

Can RPC stock reach $8?

RES's average twelve months analyst stock price target of $7 does not support the claim that RPC can reach $8 in the near future.

What are RPC's analysts' financial forecasts?

RPC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.4B (high $1.43B, low $1.38B), average EBITDA is $71.16M (high $72.57M, low $69.94M), average net income is $82.86M (high $84.99M, low $81.01M), average SG&A $191.68M (high $195.47M, low $188.38M), and average EPS is $0.392 (high $0.402, low $0.383). RES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.54B (high $1.57B, low $1.51B), average EBITDA is $78.26M (high $79.81M, low $76.91M), average net income is $107.3M (high $110.05M, low $104.89M), average SG&A $210.8M (high $214.96M, low $207.16M), and average EPS is $0.508 (high $0.521, low $0.497).

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 $24.4M by 238.87%. 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%