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Precision Drilling

PDSNYSE
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$72.71
0.861.20%
At Close: -
$72.71
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 7 days from now on Tue Jul 30th, after the market close
Precision Drilling (PDS) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesShort Interest
Consensus Rating1
Overweight
Highest Price Target1
$125.00
Lowest Price Target1
$50.00
Consensus Price Target1
$102.00

Precision Drilling (NYSE:PDS) Stock, Analyst Ratings, Price Targets, Forecasts

Precision Drilling Corp has a consensus price target of $102 based on the ratings of 7 analysts. The high is $125 issued by RBC Capital on September 13, 2023. The low is $50 issued by Canaccord Genuity on August 24, 2021. The 3 most-recent analyst ratings were released by Piper Sandler on July 15, 2024, May 6, 2024, and February 20, 2024, respectively. With an average price target of $92.33 between Piper Sandler, there's an implied 26.99% upside for Precision Drilling Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.5
Strong Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
RBC Capital
Raymond James
Piper Sandler
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for Precision Drilling

Buy NowGet Alert
07/15/2024Buy Now30.66%Piper Sandler
Luke Lemoine
$101 → $95MaintainsOverweightGet Alert
05/06/2024Buy Now38.91%Piper Sandler
Luke Lemoine
$81 → $101MaintainsOverweightGet Alert
02/20/2024Buy Now11.4%Piper Sandler
Luke Lemoine
$100 → $81MaintainsOverweightGet Alert
09/13/2023Buy Now71.92%RBC Capital
Keith Mackey
$118 → $125MaintainsOutperformGet Alert
08/03/2023Buy Now58.16%Raymond James
Andrew Bradford
$110 → $115MaintainsStrong BuyGet Alert
07/31/2023Buy Now47.16%Piper Sandler
Luke Lemoine
$90 → $107MaintainsOverweightGet Alert
07/30/2023Buy Now62.29%RBC Capital
Keith Mackey
$100 → $118MaintainsOutperformGet Alert
07/09/2023Buy Now37.53%RBC Capital
Keith Mackey
 → $100MaintainsOutperformGet Alert
05/01/2023Buy Now25.15%Piper Sandler
Luke Lemoine
$115 → $91MaintainsOverweightGet Alert
04/27/2023Buy Now65.04%RBC Capital
Keith Mackey
$130 → $120MaintainsOutperformGet Alert
04/14/2023Buy Now78.79%RBC Capital
Keith Mackey
 → $130MaintainsOutperformGet Alert
02/17/2023Buy Now—Benchmark
Kurt Hallead
—Initiates → HoldGet Alert
02/10/2023Buy Now99.42%RBC Capital
Keith Mackey
 → $145MaintainsOutperformGet Alert
01/18/2023Buy Now99.42%RBC Capital
Keith Mackey
$145 → $145MaintainsOutperformGet Alert
10/31/2022Buy Now99.42%RBC Capital
Keith Mackey
 → $145MaintainsOutperformGet Alert
07/07/2022Buy Now114.55%RBC Capital
Keith Mackey
 → $156MaintainsOutperformGet Alert
06/01/2022Buy Now71.92%Piper Sandler
Ian Macpherson
$110 → $125MaintainsOverweightGet Alert
04/29/2022Buy Now102.17%RBC Capital
Keith Mackey
$135 → $147MaintainsOutperformGet Alert
04/13/2022Buy Now85.67%RBC Capital
Keith Mackey
 → $135MaintainsOutperformGet Alert
04/13/2022Buy Now58.16%Piper Sandler
Ian Macpherson
$85 → $115MaintainsOverweightGet Alert
02/11/2022Buy Now11.4%RBC Capital
Keith Mackey
$71 → $81MaintainsOutperformGet Alert
01/14/2022Buy Now-2.35%RBC Capital
Keith Mackey
$71 → $71MaintainsOutperformGet Alert
12/15/2021Buy Now-2.35%RBC Capital
Keith Mackey
 → $71MaintainsOutperformGet Alert
08/24/2021Buy Now-31.23%Canaccord Genuity
Anthony Petrucci
—UpgradeHold → BuyGet Alert
07/26/2021Buy Now—Tudor Pickering
Taylor Zurcher
—UpgradeHold → BuyGet Alert
07/23/2021Buy Now-10.6%RBC Capital
Keith Mackey
$62 → $65MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Precision Drilling (PDS) stock?

A

The latest price target for Precision Drilling (NYSE:PDS) was reported by Piper Sandler on July 15, 2024. The analyst firm set a price target for $95.00 expecting PDS to rise to within 12 months (a possible 30.66% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Precision Drilling (PDS)?

A

The latest analyst rating for Precision Drilling (NYSE:PDS) was provided by Piper Sandler, and Precision Drilling maintained their overweight rating.

Q

When was the last upgrade for Precision Drilling (PDS)?

A

The last upgrade for Precision Drilling Corp happened on August 24, 2021 when Canaccord Genuity raised their price target to $50. Canaccord Genuity previously had a hold for Precision Drilling Corp.

Q

When was the last downgrade for Precision Drilling (PDS)?

A

There is no last downgrade for Precision Drilling.

Q

When is the next analyst rating going to be posted or updated for Precision Drilling (PDS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Precision Drilling, 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 Precision Drilling was filed on July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.

Q

Is the Analyst Rating Precision Drilling (PDS) correct?

A

While ratings are subjective and will change, the latest Precision Drilling (PDS) rating was a maintained with a price target of $101.00 to $95.00. The current price Precision Drilling (PDS) is trading at is $72.71, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.