Consensus Rating1
Neutral
Highest Price Target1
$67.00
Lowest Price Target1
$48.00
Consensus Price Target1
$56.50

Cactus (NYSE:WHD) Stock, Analyst Ratings, Price Targets, Forecasts

Cactus Inc has a consensus price target of $56.5 based on the ratings of 10 analysts. The high is $67 issued by Stifel on October 11, 2024. The low is $48 issued by B of A Securities on October 14, 2024. The 3 most-recent analyst ratings were released by Barclays, B of A Securities, and Stifel on November 4, 2024, October 14, 2024, and October 11, 2024, respectively. With an average price target of $58.67 between Barclays, B of A Securities, and Stifel, there's an implied -10.53% downside for Cactus Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
1
Aug
1
1
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.0
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
B of A Securities
Stifel
Piper Sandler
Citigroup

1calculated from analyst ratings

Analyst Ratings for Cactus

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FAQ

Q

What is the target price for Cactus (WHD) stock?

A

The latest price target for Cactus (NYSE:WHD) was reported by Barclays on November 4, 2024. The analyst firm set a price target for $61.00 expecting WHD to fall to within 12 months (a possible -6.73% downside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cactus (WHD)?

A

The latest analyst rating for Cactus (NYSE:WHD) was provided by Barclays, and Cactus downgraded their equal-weight rating.

Q

When was the last upgrade for Cactus (WHD)?

A

The last upgrade for Cactus Inc happened on October 17, 2023 when Barclays raised their price target to N/A. Barclays previously had an equal-weight for Cactus Inc.

Q

When was the last downgrade for Cactus (WHD)?

A

The last downgrade for Cactus Inc happened on November 4, 2024 when Barclays changed their price target from $61 to $61 for Cactus Inc.

Q

When is the next analyst rating going to be posted or updated for Cactus (WHD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cactus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cactus was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.

Q

Is the Analyst Rating Cactus (WHD) correct?

A

While ratings are subjective and will change, the latest Cactus (WHD) rating was a downgraded with a price target of $61.00 to $61.00. The current price Cactus (WHD) is trading at is $65.40, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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