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Analyst Price Targets — PTEN

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DateAnalystFirmTargetPrice @ PostSourceHeadline
August 20, 2026 11:40 amMorgan Stanley$12.00$12.06TheFly Patterson-UTI price target raised to $12 from $11 at Morgan Stanley
August 5, 2026 9:15 amBarclays$16.00$10.09TheFly Patterson-UTI price target raised to $16 from $15 at Barclays
August 3, 2026 11:26 amSusquehanna$13.00$10.48TheFly Patterson-UTI price target raised to $13 from $12 at Susquehanna
July 15, 2026 11:58 amMorgan Stanley$11.00$9.85TheFly Patterson-UTI price target raised to $11 from $10 at Morgan Stanley
July 8, 2026 11:55 amCharles MinervinoSusquehanna$12.00$9.15TheFly Patterson-UTI price target lowered to $12 from $14 at Susquehanna
June 16, 2026 9:23 amStephen GengaroStifel Nicolaus$15.00$10.66StreetInsider Patterson-UTI Energy (PTEN) PT Raised to $15 at Stifel
June 3, 2026 11:07 pmGoldman Sachs$13.00$12.01TheFly Patterson-UTI price target lowered to $13 from $23 at Goldman Sachs
May 27, 2026 11:10 amPiper Sandler$13.00$12.12TheFly Patterson-UTI price target raised to $13 from $12 at Piper Sandler
May 27, 2026 11:02 amSusquehanna$14.00$12.12TheFly Patterson-UTI price target raised to $14 from $13 at Susquehanna
April 27, 2026 10:38 amBarclays$10.00$11.33TheFly Patterson-UTI price target raised to $10 from $8 at Barclays

Latest News for PTEN

Patterson-UTI Reports Drilling Activity for July 2026

HOUSTON, TX / ACCESS Newswire / August 14, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2026, the Company had an average of 98 drilling rigs operating in the United States.

Accesswire • Aug 14, 2026

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