ProPetro Holding Corp has a consensus price target of $10.83 based on the ratings of 8 analysts. The high is $13 issued by Barclays on May 6, 2024. The low is $8 issued by Citigroup on October 31, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Citigroup, and Barclays on December 6, 2024, October 31, 2024, and October 16, 2024, respectively. With an average price target of $10 between JP Morgan, Citigroup, and Barclays, there's an implied 14.42% upside for ProPetro Holding Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ProPetro Holding (NYSE:PUMP) was reported by JP Morgan on December 6, 2024. The analyst firm set a price target for $10.00 expecting PUMP to rise to within 12 months (a possible 14.42% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for ProPetro Holding (NYSE:PUMP) was provided by JP Morgan, and ProPetro Holding upgraded their neutral rating.
The last upgrade for ProPetro Holding Corp happened on December 6, 2024 when JP Morgan raised their price target to $10. JP Morgan previously had an underweight for ProPetro Holding Corp.
The last downgrade for ProPetro Holding Corp happened on January 16, 2024 when Benchmark changed their price target from N/A to N/A for ProPetro Holding Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ProPetro Holding, 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 ProPetro Holding was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.
While ratings are subjective and will change, the latest ProPetro Holding (PUMP) rating was a upgraded with a price target of $0.00 to $10.00. The current price ProPetro Holding (PUMP) is trading at is $8.74, which is within the analyst’s predicted range.
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