The latest price target for Patterson-UTI Energy (NASDAQ:PTEN) was reported by Susquehanna on April 7, 2026. The analyst firm set a price target for $13.00 expecting PTEN to rise to within 12 months (a possible 27.33% upside). 22 analyst firms have reported ratings in the last year.

The latest analyst rating for Patterson-UTI Energy (NASDAQ:PTEN) was provided by Susquehanna, and Patterson-UTI Energy maintained their positive rating.

The last upgrade for Patterson-UTI Energy Inc happened on October 16, 2023 when B of A Securities raised their price target to $16. B of A Securities previously had a neutral for Patterson-UTI Energy Inc.

The last downgrade for Patterson-UTI Energy Inc happened on December 10, 2025 when JP Morgan changed their price target from $7 to $6 for Patterson-UTI Energy Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Patterson-UTI Energy, 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 Patterson-UTI Energy was filed on April 7, 2026 so you should expect the next rating to be made available sometime around April 7, 2027.

While ratings are subjective and will change, the latest Patterson-UTI Energy (PTEN) rating was a maintained with a price target of $10.00 to $13.00. The current price Patterson-UTI Energy (PTEN) is trading at is $10.21, which is within the analyst’s predicted range.