Get the Stockscreener App
11.06
0.45%
+0.0492
Overview
News
Price History
Option Chain
Financials
Discussions
Forecast
Stock Split
Dividend History
Patterson-UTI Energy Inc Stock (PTEN) Forecast
The Patterson-UTI Energy Inc (PTEN) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $9.2658, representing a -16.22% decrease from the current price of $11.06. The highest analyst price target is $10.39, and the lowest is $8.1392.
Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month PTEN Price Target
Average 5.2006
(-52.98% Downside)
Is Patterson-UTI Energy Inc (PTEN) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 47.23 | Neutral |
| STOCH(9,6) | 68.84 | Neutral |
| STOCHRSI(14) | 93.69 | Sell |
| MACD(12,26) | -0.1513 | Buy |
| ADX(14) | 19.42 | Neutral |
| William %R | -24.35 | Neutral |
| CCI(14) | 61.72 | Neutral |
Buy: 1
Sell: 1
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
10.95
Buy
|
10.99
Buy
|
| MA20 |
11.06
Sell
|
11.09
Sell
|
| MA50 |
11.51
Sell
|
11.29
Sell
|
| MA100 |
11.19
Sell
|
11.48
Sell
|
| MA200 |
12.26
Sell
|
11.87
Sell
|
Buy: 2
Sell: 8
Neutral: 0
Summary: Sell
According to our latest analysis, PTEN could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 9 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on PTEN, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 47.23 indicates that PTEN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 68.84 indicates that PTEN is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 93.69 indicates that PTEN is oversold. This suggests that PTEN price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 19.42 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 61.72 indicates that PTEN is still overbought but not to an extreme extent.
Long-term PTEN price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Patterson-UTI Energy Inc financial reports and earnings history, Patterson-UTI Energy Inc (PTEN) stock could reach $9.2671 by 2030, $7.7338 by 2040 and $8.1342 by 2050. See the projected annual prices until 2050 of the Patterson-UTI Energy Inc stock below:
- Patterson-UTI Energy Inc (PTEN) is expected to reach an average price of $8.6005 in 2035, with a high prediction of $9.9121 and a low estimate of $7.9463. This indicates an $-22.23% rise from the last recorded price of $11.06.
- Patterson-UTI Energy Inc (PTEN) stock is projected to chart a bullish course in 2040, with an average price target of $6.0283, representing an $-45.49% surge from its current level. The forecast ranges from a conservative $5.8583 to a sky-high $7.7338.
- Our analysts predict Patterson-UTI Energy Inc (PTEN) to jump -34.27% by 2045, soaring from $3.6603 to an average price of $7.2687, potentially reaching $8.711. While $3.6603 is the low estimate, the potential upside is significant.
- Patterson-UTI Energy Inc (PTEN) stock is expected to climb by 2050, reaching an average of $5.8095, a $-47.47% jump from its current level. However, a wide range of estimates exists, with high and low targets of $8.1342 and $4.4287, respectively, highlighting the market's uncertainty.
Patterson-UTI Energy Inc Stock (PTEN) Year by Year Forecast
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2024
Our forecast for PTEN stock price in 2024 now indicates an average price target of $9.1926 with a high forecast of $12.65 and a low forecast of $5.7353. The average prediction reflects an decrease of -16.88% from the last recorded price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| June, 2024 | $9.4474 | $8.1392 | $10.39 | -14.57% |
| July, 2024 | $9.7326 | $7.9966 | $10.19 | -12.00% |
| August, 2024 | $5.9869 | $5.9519 | $9.4487 | -45.87% |
| September, 2024 | $7.7161 | $6.0679 | $9.2461 | -30.23% |
| October, 2024 | $5.9763 | $5.7353 | $7.9171 | -45.96% |
| November, 2024 | $7.1306 | $5.8524 | $7.9706 | -35.52% |
| December, 2024 | $7.8798 | $6.2677 | $7.8898 | -28.75% |
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2025
Patterson-UTI Energy Inc Stock (PTEN) is expected to reach an average price of $4.5174 in 2025, with a high prediction of $9.0261 and a low estimate of $0.00873. This indicates an -59.15% fall from the last recorded price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $8.66 | $7.6808 | $9.025 | -21.69% |
| February, 2025 | $5.9943 | $5.6393 | $9.0261 | -45.80% |
| March, 2025 | $3.6685 | $3.4635 | $6.5953 | -66.83% |
| April, 2025 | $0.3687 | $0.00873 | $4.0445 | -96.67% |
| May, 2025 | $0.1629 | $0.0871 | $0.9608 | -98.53% |
| June, 2025 | $1.3672 | $0.454 | $1.874 | -87.64% |
| July, 2025 | $2.4324 | $1.5632 | $4.4314 | -78.01% |
| August, 2025 | $1.4966 | $1.2666 | $2.6635 | -86.47% |
| September, 2025 | $2.2309 | $1.2977 | $2.5759 | -79.83% |
| October, 2025 | $1.7761 | $1.6234 | $2.8519 | -83.94% |
| November, 2025 | $0.9703 | $0.8903 | $1.7172 | -91.23% |
| December, 2025 | $0.6856 | $0.5056 | $1.2393 | -93.80% |
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2026
The predicted value for Patterson-UTI Energy Inc (PTEN) in 2026 is set at an average of $5.0451. Estimates vary from a peak of $9.4335 to a trough of $0.6567, indicating an -54.38% surge from the present price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $2.7798 | $0.6567 | $3.1698 | -74.86% |
| February, 2026 | $3.564 | $2.4109 | $3.958 | -67.77% |
| March, 2026 | $4.7333 | $3.1151 | $5.2133 | -57.20% |
| April, 2026 | $4.4235 | $3.7993 | $4.9209 | -60.00% |
| May, 2026 | $6.0977 | $4.4246 | $7.8867 | -44.86% |
| June, 2026 | $5.002 | $4.8388 | $6.0588 | -54.77% |
| July, 2026 | $6.6772 | $4.2234 | $7.1472 | -39.62% |
| August, 2026 | $8.5614 | $6.0783 | $9.1514 | -22.59% |
| September, 2026 | $7.5267 | $6.2987 | $9.4335 | -31.94% |
| October, 2026 | $5.8109 | $5.4109 | $7.7678 | -47.46% |
| November, 2026 | $5.9351 | $4.613 | $6.2351 | -46.33% |
| December, 2026 | $7.1804 | $5.4893 | $7.7104 | -35.07% |
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Patterson-UTI Energy Inc (PTEN) is $11.82, with a high forecast of $18.75 and a low forecast of $4.897. This indicates an +6.92% increase from the last price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $7.3346 | $6.6436 | $8.3125 | -33.68% |
| February, 2027 | $5.5488 | $5.4888 | $8.1057 | -49.83% |
| March, 2027 | $6.2041 | $4.897 | $7.323 | -43.90% |
| April, 2027 | $8.5083 | $5.6702 | $8.6183 | -23.07% |
| May, 2027 | $9.0525 | $6.9723 | $9.1925 | -18.14% |
| June, 2027 | $13.31 | $8.4936 | $13.36 | +20.33% |
| July, 2027 | $13.69 | $12.45 | $15.30 | +23.81% |
| August, 2027 | $15.09 | $13.24 | $16.99 | +36.41% |
| September, 2027 | $18.03 | $12.02 | $18.19 | +63.05% |
| October, 2027 | $13.47 | $12.93 | $18.75 | +21.76% |
| November, 2027 | $12.43 | $10.45 | $15.07 | +12.39% |
| December, 2027 | $13.63 | $10.43 | $15.40 | +23.20% |
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2028
In 2028, Patterson-UTI Energy Inc (PTEN) is projected to reach an average price of $13.02, with a high projection of $18.06 and a low estimate of $7.9847. This indicates an +17.76% rise from the last price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $13.58 | $12.14 | $14.94 | +22.79% |
| February, 2028 | $9.9236 | $8.9326 | $13.99 | -10.27% |
| March, 2028 | $15.90 | $10.61 | $16.45 | +43.76% |
| April, 2028 | $15.83 | $15.00 | $18.06 | +43.17% |
| May, 2028 | $15.11 | $13.47 | $16.75 | +36.61% |
| June, 2028 | $14.26 | $13.61 | $16.12 | +28.97% |
| July, 2028 | $13.36 | $12.36 | $15.88 | +20.78% |
| August, 2028 | $11.42 | $11.08 | $13.92 | +3.28% |
| September, 2028 | $10.29 | $8.6742 | $11.55 | -6.99% |
| October, 2028 | $8.9305 | $8.4705 | $10.85 | -19.25% |
| November, 2028 | $9.3258 | $7.9847 | $9.5058 | -15.67% |
| December, 2028 | $10.26 | $8.6625 | $10.96 | -7.23% |
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2029
The 2029 price forecast for Patterson-UTI Energy Inc Stock (PTEN) is $11.27 on average, with a high prediction of $14.48 and a low estimate of $8.0547. This represents an +1.88% increase from the previous price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $14.14 | $9.941 | $14.24 | +27.81% |
| February, 2029 | $12.31 | $12.13 | $14.17 | +11.31% |
| March, 2029 | $13.88 | $12.11 | $14.48 | +25.54% |
| April, 2029 | $12.09 | $10.03 | $14.27 | +9.30% |
| May, 2029 | $10.51 | $9.6332 | $12.57 | -4.94% |
| June, 2029 | $10.09 | $9.7242 | $10.94 | -8.79% |
| July, 2029 | $9.1216 | $8.7645 | $10.26 | -17.52% |
| August, 2029 | $9.4169 | $8.0547 | $9.9619 | -14.85% |
| September, 2029 | $9.9011 | $8.345 | $10.57 | -10.47% |
| October, 2029 | $10.03 | $9.3903 | $10.66 | -9.34% |
| November, 2029 | $9.8506 | $9.5006 | $10.99 | -10.93% |
| December, 2029 | $8.535 | $8.32 | $9.9716 | -22.82% |
Patterson-UTI Energy Inc Stock (PTEN) Price Forecast for 2030
Patterson-UTI Energy Inc Stock (PTEN) is expected to reach an average price of $4.8506 in 2030, with a high forecast of $9.2671 and a low forecast of $0.434. This signifies an -56.14% decrease from the last price of $11.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $7.1982 | $6.1784 | $9.2671 | -34.91% |
| February, 2030 | $7.724 | $6.8226 | $8.4348 | -30.16% |
| March, 2030 | $6.3924 | $6.0432 | $8.1453 | -42.20% |
| April, 2030 | $4.758 | $4.0037 | $6.1795 | -56.98% |
| May, 2030 | $4.6714 | $4.2929 | $7.3021 | -57.76% |
| June, 2030 | $5.2898 | $3.7956 | $5.3148 | -52.17% |
| July, 2030 | $5.1503 | $4.1769 | $6.0361 | -53.43% |
| August, 2030 | $6.2188 | $4.7874 | $6.5916 | -43.77% |
| September, 2030 | $6.2222 | $6.0922 | $7.1022 | -43.74% |
| October, 2030 | $3.6477 | $3.1956 | $6.3843 | -67.02% |
| November, 2030 | $1.4639 | $0.434 | $3.8148 | -86.76% |
| December, 2030 | $2.1204 | $1.7096 | $1.5304 | -80.83% |
0.17%
2.62%
Cap:
|
Volume (24h):