Patterson-UTI Energy (PTEN) Stock Price Target 2026

The average analyst price target for Patterson-UTI Energy is $13.38, 37.4% above the current price. Of 13 analysts, 9 rate it Buy and 4 Hold. Targets range from $7 to $17. The latest change came on Nov 3, 2026, when Piper Sandler raised its price target on Patterson-UTI Energy from $14 to $15 and kept an Overweight rating.

The Average Analyst Price Target for Patterson-UTI Energy is $13.38.

Price Target Range — 13 Quarters

Analyst Consensus — 13 Analysts

1S.Buy

8Buy

4Hold

Consensus RatingOverweight# Analysts13Avg. Consensus PT$13.38Upside to Avg. PT+37.4%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Patterson-UTI Energy Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 3, 2026	Piper Sandler	Derek Podhaizer	PT Raise	Overweight	$14→$15
Nov 2, 2026	Morgan Stanley	Daniel Kutz	PT Raise	Equal-Weight	$12→$13
Oct 30, 2026	UBS	Sasha Sanwal	PT Raise	Neutral	$13→$14
Oct 30, 2026	RBC Capital	Keith Mackey	PT Raise	Outperform	$15→$17
Oct 30, 2026	Barclays	Eddie Kim	PT Raise	Overweight	$16→$17
Oct 30, 2026	Susquehanna	Charles Minervino	PT Raise	Positive	$13→$15
Oct 2, 2026	UBS	Sasha Sanwal	Reinstates	Neutral	$13
Oct 2, 2026	Citigroup	Scott Gruber	PT Cut	Neutral	$14→$13
Sep 4, 2026	Citigroup	Scott Gruber	PT Raise	Neutral	$11→$14
Aug 5, 2026	Barclays	Eddie Kim	PT Raise	Overweight	$15→$16
Aug 3, 2026	Susquehanna	Charles Minervino	PT Raise	Positive	$12→$13
Jul 31, 2026	JP Morgan	Arun Jayaram	Upgrade	Underweight→Neutral	$12
Jul 14, 2026	Piper Sandler	Derek Podhaizer	Upgrade	Neutral→Overweight	$13
Jul 8, 2026	Susquehanna	Charles Minervino	PT Cut	Positive	$14→$12
Jun 29, 2026	Citigroup	Scott Gruber	PT Cut	Neutral	$11→$11
Jun 16, 2026	Stifel	Stephen Gengaro	PT Raise	Buy	$14→$15
Jun 4, 2026	Goldman Sachs	Ati Modak	PT Raise	Buy	$11→$13
May 29, 2026	RBC Capital	Keith Mackey	PT Raise	Outperform	$14→$15
May 27, 2026	Piper Sandler	Derek Podhaizer	PT Raise	Neutral	$12→$13
May 27, 2026	Susquehanna	Charles Minervino	PT Raise	Positive	$13→$14

Analyst Ratings News

PRO
Piper Sandler Maintains Overweight on Patterson-UTI Energy, Raises Price Target to $15

Piper Sandler analyst Derek Podhaizer maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Overweight and raises the price target from $14 to $15.

Benzinga Newsdesk

PRO
Morgan Stanley Maintains Equal-Weight on Patterson-UTI Energy, Raises Price Target to $13

Morgan Stanley analyst Daniel Kutz maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Equal-Weight and raises the price target from $12 to $13.

Benzinga Newsdesk

PRO
RBC Capital Maintains Outperform on Patterson-UTI Energy, Raises Price Target to $17

RBC Capital analyst Keith Mackey maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Outperform and raises the price target from $15 to $17.

Benzinga Newsdesk

PRO
Susquehanna Maintains Positive on Patterson-UTI Energy, Raises Price Target to $15

Susquehanna analyst Charles Minervino maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Positive and raises the price target from $13 to $15.

Benzinga Newsdesk

PRO
Citigroup Maintains Neutral on Patterson-UTI Energy, Lowers Price Target to $12.5

Citigroup analyst Scott Gruber maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Neutral and lowers the price target from $13.5 to $12.5.

Benzinga Newsdesk

PRO
Citigroup Maintains Neutral on Patterson-UTI Energy, Raises Price Target to $13.5

Citigroup analyst Scott Gruber maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Neutral and raises the price target from $10.5 to $13.5.

Benzinga Newsdesk

Patterson-UTI Energy Inc

Patterson-UTI Energy (PTEN) Stock Price Target 2026

The Average Analyst Price Target for Patterson-UTI Energy is $13.38.

Latest Upgrades and Downgrades for Patterson-UTI Energy Stock

Analyst Ratings News

PRO
Piper Sandler Maintains Overweight on Patterson-UTI Energy, Raises Price Target to $15

PRO
Morgan Stanley Maintains Equal-Weight on Patterson-UTI Energy, Raises Price Target to $13

PRO
RBC Capital Maintains Outperform on Patterson-UTI Energy, Raises Price Target to $17

PRO
Susquehanna Maintains Positive on Patterson-UTI Energy, Raises Price Target to $15

PRO
Citigroup Maintains Neutral on Patterson-UTI Energy, Lowers Price Target to $12.5

PRO
Citigroup Maintains Neutral on Patterson-UTI Energy, Raises Price Target to $13.5

People Also Watch

People Also Watch

Patterson-UTI Energy Inc

Patterson-UTI Energy (PTEN) Stock Price Target 2026

The Average Analyst Price Target for Patterson-UTI Energy is $13.38.

Latest Upgrades and Downgrades for Patterson-UTI Energy Stock

Analyst Ratings News

PROPiper Sandler Maintains Overweight on Patterson-UTI Energy, Raises Price Target to $15

PROMorgan Stanley Maintains Equal-Weight on Patterson-UTI Energy, Raises Price Target to $13

PRORBC Capital Maintains Outperform on Patterson-UTI Energy, Raises Price Target to $17

PROSusquehanna Maintains Positive on Patterson-UTI Energy, Raises Price Target to $15

PROCitigroup Maintains Neutral on Patterson-UTI Energy, Lowers Price Target to $12.5

PROCitigroup Maintains Neutral on Patterson-UTI Energy, Raises Price Target to $13.5

People Also Watch

People Also Watch

PRO
Piper Sandler Maintains Overweight on Patterson-UTI Energy, Raises Price Target to $15

PRO
Morgan Stanley Maintains Equal-Weight on Patterson-UTI Energy, Raises Price Target to $13

PRO
RBC Capital Maintains Outperform on Patterson-UTI Energy, Raises Price Target to $17

PRO
Susquehanna Maintains Positive on Patterson-UTI Energy, Raises Price Target to $15

PRO
Citigroup Maintains Neutral on Patterson-UTI Energy, Lowers Price Target to $12.5

PRO
Citigroup Maintains Neutral on Patterson-UTI Energy, Raises Price Target to $13.5