Cactus (WHD) Stock Forecast, Price Target & Predictions
WHD Stock Forecast
Cactus stock forecast is as follows: an average price target of $54.00 (represents a -11.91% downside from WHD’s last price of $61.30) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
WHD Price Target
The average price target for Cactus (WHD) is $54.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $54.00. This represents a potential -11.91% downside from WHD's last price of $61.30.
WHD Analyst Ratings
According to 3 Wall Street analysts, Cactus's rating consensus is 'Hold'. The analyst rating breakdown for WHD stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cactus Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $54.00 | $55.67 | -3.00% | -11.91% |
The latest Cactus stock forecast, released on Jul 15, 2024 by Luke Lemoine from Piper Sandler, set a price target of $54.00, which represents a -3.00% decrease from the stock price at the time of the forecast ($55.67), and a -11.91% decrease from WHD last price ($61.30).
Cactus Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $54.00 | $54.00 |
| Last Closing Price | $61.30 | $61.30 | $61.30 |
| Upside/Downside | -100.00% | -11.91% | -11.91% |
In the current month, the average price target of Cactus stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cactus's last price of $61.30. 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 |
|---|---|---|---|---|
| Aug 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 15, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 10, 2024 | Citigroup | Neutral | Neutral | Hold |
| May 31, 2024 | Johnson Rice | - | Accumulate | Downgrade |
| May 06, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 17, 2023 | Barclays | - | Overweight | Upgrade |
| Nov 13, 2022 | Citigroup | Neutral | Neutral | Hold |
Cactus's last stock rating was published by Barclays on Aug 05, 2024. The company gave WHD a "Overweight" rating, the same as its previous rate.
Cactus Financial Forecast
Cactus 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 | - | - | - | - | - | - | - | - | - | - | - | - | $274.87M | $287.87M | $305.82M | $228.41M | $187.77M | $184.48M | - | $145.90M | $129.92M | $115.36M | $108.89M | $84.42M | $68.09M | $59.79M | $66.55M | $154.14M | $140.24M | $160.81M |
| Avg Forecast | $344.18M | $349.29M | $332.23M | $318.36M | $295.33M | $302.25M | $291.60M | $281.42M | $277.80M | $283.09M | $276.76M | $270.70M | $268.56M | $288.20M | $297.99M | $216.16M | $190.19M | $183.02M | $160.89M | $139.73M | $123.25M | $116.13M | $101.29M | $80.73M | $66.89M | $54.77M | $60.16M | $143.12M | $139.73M | $159.79M |
| High Forecast | $366.42M | $371.86M | $353.69M | $338.93M | $314.41M | $321.78M | $310.43M | $299.60M | $295.75M | $287.56M | $294.63M | $288.19M | $273.65M | $306.82M | $317.24M | $230.12M | $202.48M | $194.84M | $160.89M | $143.61M | $126.67M | $119.35M | $104.10M | $82.96M | $68.75M | $56.29M | $61.83M | $147.08M | $143.60M | $164.22M |
| Low Forecast | $327.47M | $332.34M | $316.10M | $302.90M | $280.99M | $287.58M | $277.44M | $267.75M | $264.31M | $277.21M | $263.32M | $257.56M | $262.93M | $274.21M | $283.52M | $205.66M | $180.96M | $174.13M | $160.89M | $136.75M | $120.62M | $113.65M | $99.13M | $79.00M | $65.46M | $53.60M | $58.88M | $140.06M | $136.74M | $156.38M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | 4 | 5 | 6 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.03% | 1.06% | 0.99% | 1.01% | - | 1.04% | 1.05% | 0.99% | 1.08% | 1.05% | 1.02% | 1.09% | 1.11% | 1.08% | 1.00% | 1.01% |
Cactus's average Quarter revenue forecast for Mar 24 based on 3 analysts is $270.70M, with a low forecast of $257.56M, and a high forecast of $288.19M. WHD's average Quarter revenue forecast represents a -1.52% decrease compared to the company's last Quarter revenue of $274.87M (Dec 23).
Cactus 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 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | 4 | 5 | 6 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $84.22M | $87.60M | $327.73M | $241.51M | $48.22M | $59.70M | - | $38.55M | $30.80M | $24.74M | $20.73M | $16.84M | $14.75M | $16.24M | $17.64M | $37.05M | $40.64M | $41.19M |
| Avg Forecast | $107.39M | $108.98M | $103.66M | $99.33M | $92.14M | $94.30M | $90.98M | $87.80M | $86.67M | $88.32M | $86.35M | $37.48M | $83.79M | $89.92M | $92.97M | $34.08M | $59.34M | $27.54M | $50.20M | $30.98M | $23.31M | $25.04M | $23.23M | $15.16M | $24.92M | $17.09M | $18.77M | $30.70M | $39.35M | $38.45M |
| High Forecast | $114.32M | $116.02M | $110.35M | $105.75M | $98.10M | $100.39M | $96.86M | $93.47M | $92.27M | $89.72M | $91.93M | $44.98M | $85.38M | $95.73M | $98.98M | $40.89M | $63.17M | $33.05M | $50.20M | $37.17M | $27.97M | $30.04M | $27.88M | $18.19M | $29.90M | $17.56M | $19.29M | $36.84M | $47.22M | $46.14M |
| Low Forecast | $102.17M | $103.69M | $98.62M | $94.51M | $87.67M | $89.72M | $86.56M | $83.54M | $82.47M | $86.49M | $82.16M | $29.99M | $82.04M | $85.55M | $88.46M | $27.26M | $56.46M | $22.03M | $50.20M | $24.78M | $18.65M | $20.03M | $18.58M | $12.13M | $19.94M | $16.72M | $18.37M | $24.56M | $31.48M | $30.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.97% | 3.53% | 7.09% | 0.81% | 2.17% | - | 1.24% | 1.32% | 0.99% | 0.89% | 1.11% | 0.59% | 0.95% | 0.94% | 1.21% | 1.03% | 1.07% |
3 analysts predict WHD's average Quarter EBITDA for Mar 24 to be $37.48M, with a high of $44.98M and a low of $29.99M. This is -55.49% lower than Cactus's previous annual EBITDA (Dec 23) of $84.22M.
Cactus 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 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | 4 | 5 | 6 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $48.95M | $52.58M | $24.75M | $42.89M | $30.99M | $31.43M | - | $20.62M | $20.38M | $12.62M | $10.39M | $11.56M | $3.20M | $6.23M | $6.03M | $18.98M | $18.06M | $19.34M |
| Avg Forecast | $64.22M | $67.18M | $62.23M | $58.19M | $56.34M | $58.20M | $53.69M | $50.56M | $48.05M | $49.93M | $48.25M | $24.09M | $45.04M | $55.20M | $49.20M | $21.90M | $34.31M | $13.88M | $28.32M | $19.91M | $11.27M | $12.62M | $11.55M | $10.40M | $18.65M | $25.24M | $65.10M | $15.73M | $17.56M | $18.05M |
| High Forecast | $69.61M | $72.82M | $67.45M | $63.07M | $61.07M | $63.09M | $58.20M | $54.81M | $52.08M | $50.60M | $52.31M | $28.90M | $47.02M | $59.83M | $53.33M | $26.27M | $37.19M | $16.65M | $28.32M | $23.89M | $13.52M | $15.14M | $13.86M | $12.48M | $22.38M | $30.29M | $78.12M | $18.87M | $21.07M | $21.66M |
| Low Forecast | $60.17M | $62.94M | $58.30M | $54.51M | $52.78M | $54.53M | $50.31M | $47.37M | $45.01M | $49.27M | $45.21M | $19.27M | $43.71M | $51.71M | $46.09M | $17.52M | $32.14M | $11.10M | $28.32M | $15.92M | $9.01M | $10.09M | $9.24M | $8.32M | $14.92M | $20.19M | $52.08M | $12.58M | $14.05M | $14.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.95% | 0.50% | 1.96% | 0.90% | 2.26% | - | 1.04% | 1.81% | 1.00% | 0.90% | 1.11% | 0.17% | 0.25% | 0.09% | 1.21% | 1.03% | 1.07% |
Cactus's average Quarter net income forecast for Mar 24 is $24.09M, with a range of $19.27M to $28.90M. WHD's average Quarter net income forecast represents a -50.79% decrease compared to the company's last Quarter net income of $48.95M (Dec 23).
Cactus 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 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | 4 | 5 | 6 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.90M | $22.90M | $15.97M | - | $14.09M | $12.86M | $12.15M | $11.38M | $9.63M | $8.98M | $8.38M | $8.69M | $13.66M | $12.39M | $13.35M |
| Avg Forecast | $34.13M | $34.64M | $32.95M | $31.57M | $29.29M | $29.97M | $28.92M | $27.91M | $27.55M | $28.07M | $27.45M | $16.47M | $26.63M | $28.58M | $29.55M | $14.97M | $18.86M | $13.36M | $15.96M | $13.61M | $9.65M | $12.15M | $12.65M | $8.66M | $5.98M | $33.96M | $5.97M | $11.32M | $12.04M | $12.46M |
| High Forecast | $36.34M | $36.88M | $35.07M | $33.61M | $31.18M | $31.91M | $30.79M | $29.71M | $29.33M | $28.52M | $29.22M | $19.76M | $27.14M | $30.43M | $31.46M | $17.96M | $20.08M | $16.04M | $15.96M | $16.33M | $11.57M | $14.58M | $15.18M | $10.40M | $7.18M | $40.75M | $6.13M | $13.58M | $14.45M | $14.95M |
| Low Forecast | $32.47M | $32.96M | $31.35M | $30.04M | $27.87M | $28.52M | $27.51M | $26.55M | $26.21M | $27.49M | $26.11M | $13.17M | $26.07M | $27.19M | $28.12M | $11.98M | $17.95M | $10.69M | $15.96M | $10.89M | $7.72M | $9.72M | $10.12M | $6.93M | $4.79M | $27.16M | $5.84M | $9.06M | $9.64M | $9.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.00% | 1.21% | 1.20% | - | 1.04% | 1.33% | 1.00% | 0.90% | 1.11% | 1.50% | 0.25% | 1.46% | 1.21% | 1.03% | 1.07% |
Cactus's average Quarter SG&A projection for Jun 23 is $29.55M, based on 3 Wall Street analysts, with a range of $28.12M to $31.46M. The forecast indicates a -1.17% fall compared to WHD last annual SG&A of $29.90M (Mar 23).
Cactus 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 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | 4 | 5 | 6 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.61 | $0.81 | $0.38 | $0.67 | $0.51 | $0.52 | - | $0.35 | $0.35 | $0.22 | $0.19 | $0.24 | $0.07 | $0.13 | $0.13 | $0.40 | $0.38 | $0.41 |
| Avg Forecast | $0.96 | $1.01 | $0.93 | $0.87 | $0.85 | $0.87 | $0.81 | $0.76 | $0.72 | $0.75 | $0.72 | $0.71 | $0.68 | $0.83 | $0.74 | $0.57 | $0.52 | $0.48 | $0.36 | $0.29 | $0.20 | $0.19 | $0.18 | $0.10 | $0.06 | $0.01 | $-0.01 | $0.35 | $0.35 | $0.45 |
| High Forecast | $1.05 | $1.09 | $1.01 | $0.95 | $0.92 | $0.95 | $0.87 | $0.82 | $0.78 | $0.76 | $0.79 | $0.77 | $0.71 | $0.90 | $0.80 | $0.61 | $0.56 | $0.52 | $0.36 | $0.30 | $0.21 | $0.20 | $0.18 | $0.11 | $0.06 | $0.02 | $-0.01 | $0.36 | $0.37 | $0.47 |
| Low Forecast | $0.90 | $0.95 | $0.88 | $0.82 | $0.79 | $0.82 | $0.76 | $0.71 | $0.68 | $0.74 | $0.68 | $0.67 | $0.66 | $0.78 | $0.69 | $0.53 | $0.48 | $0.45 | $0.36 | $0.28 | $0.20 | $0.19 | $0.17 | $0.10 | $0.06 | $0.01 | $-0.01 | $0.34 | $0.34 | $0.44 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.98% | 0.51% | 1.19% | 0.99% | 1.09% | - | 1.22% | 1.71% | 1.13% | 1.07% | 2.29% | 1.19% | 8.79% | -10.13% | 1.15% | 1.08% | 0.91% |
According to 3 Wall Street analysts, Cactus's projected average Quarter EPS for Mar 24 is $0.71, with a low estimate of $0.67 and a high estimate of $0.77. This represents a 17.08% increase compared to WHD previous annual EPS of $0.61 (Dec 23).
Cactus Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RES | RPC | $6.45 | $13.00 | 101.55% | Hold |
| XPRO | Expro Group | $18.06 | $26.67 | 47.67% | Buy |
| NR | Newpark Resources | $7.47 | $11.00 | 47.26% | Buy |
| MRC | MRC Global | $12.45 | $16.00 | 28.51% | Buy |
| CHX | ChampionX | $29.89 | $38.33 | 28.24% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| NOV | NOV | $16.39 | $19.50 | 18.97% | Buy |
| AROC | Archrock | $20.12 | $22.00 | 9.34% | Buy |
| RNGR | Ranger Energy Services | $12.26 | $12.50 | 1.96% | Hold |
| WHD | Cactus | $61.30 | $54.00 | -11.91% | Hold |
| OII | Oceaneering | $25.50 | $21.00 | -17.65% | Buy |
WHD Forecast FAQ
Is Cactus a good buy?
No, according to 3 Wall Street analysts, Cactus (WHD) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of WHD's total ratings.
What is WHD's price target?
Cactus (WHD) average price target is $54 with a range of $54 to $54, implying a -11.91% from its last price of $61.3. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cactus stock go up soon?
According to Wall Street analysts' prediction for WHD stock, the company can go down by -11.91% (from the last price of $61.3 to the average price target of $54), down by -11.91% based on the highest stock price target, and down by -11.91% based on the lowest stock price target.
Can Cactus stock reach $90?
WHD's average twelve months analyst stock price target of $54 does not support the claim that Cactus can reach $90 in the near future.
What are Cactus's analysts' financial forecasts?
Cactus's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.17B (high $1.25B, low $1.11B), average EBITDA is $365.23M (high $388.82M, low $347.5M), average net income is $218.79M (high $237.17M, low $204.98M), average SG&A $116.09M (high $123.58M, low $110.45M), and average EPS is $3.29 (high $3.56, low $3.08). WHD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.34B (high $1.43B, low $1.28B), average EBITDA is $419.35M (high $446.44M, low $398.99M), average net income is $251.81M (high $272.96M, low $235.92M), average SG&A $133.29M (high $141.9M, low $126.82M), and average EPS is $3.78 (high $4.1, low $3.54).
Did the WHD's actual financial results beat the analysts' financial forecasts?
Based on Cactus's last annual report (Dec 2023), the company's revenue was $1.1B, beating the average analysts forecast of $1.07B by 2.43%. Apple's EBITDA was $264.37M, missing the average prediction of $300.76M by -12.10%. The company's net income was $169.17M, missing the average estimation of $171.32M by -1.26%. Apple's SG&A was $127.08M, beating the average forecast of $99.73M by 27.42%. Lastly, the company's EPS was $2.13, missing the average prediction of $2.81 by -24.18%. In terms of the last quarterly report (Dec 2023), Cactus's revenue was $274.87M, beating the average analysts' forecast of $268.56M by 2.35%. The company's EBITDA was $84.22M, beating the average prediction of $83.79M by 0.51%. Cactus's net income was $48.95M, beating the average estimation of $45.04M by 8.69%. The company's SG&A was $0, missing the average forecast of $26.63M by -100.00%. Lastly, the company's EPS was $0.61, missing the average prediction of $0.676 by -9.82%