PTEN Stock Analysis: Buy, Sell, or Hold?
PTEN - Patterson-UTI Energy Inc
$12.42
0.30 (2.48%)
▲
5d:
+8.76%
30d:
+19.31%
90d:
+53.33%
HOLD
MODERATE Confidence
Analysis Updated: May 15, 2026 12:00 AM ET
Earnings: Apr 29, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: PTEN shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: PTEN shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
In-depth Analysis How we analyze
Valuation Analysis: PTEN is currently trading at $12.42, which is considered extended relative to its 30-day fair value range of $10.29 to $12.08. The stock's valuation (Forward PE: 295.0) is in line with its historical norms (284.2). At these levels, the market is pricing in 1.3% annual earnings growth.
Technical Outlook: Technically, PTEN is in a strong uptrend. The price is approaching resistance at $12.62. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, PTEN is in a strong uptrend. The price is approaching resistance at $12.62. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (55/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$10.29 -
$12.08
Company Quality Score
54/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
49.5%
All Signals
- BEARISH: Price extended above range
- NEUTRAL: Mixed technical signals (55/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($12.07)
- BULLISH: Expecting earnings turnaround to 1.3% growth with -12.7% revenue growth
Trading Range Analysis
30-Day Trading Range
$10.29 -
$12.08
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$11.08
Resistance Level
$12.62
Current Trend
Strong Uptrend
Technical data as of
May 15, 2026
Fundamental Context
Forward P/E (Next Year Est.)
295.01
Wall Street Target
$12.07
(-2.8%)
Revenue Growth (YoY)
-12.7%
Earnings Growth (YoY)
-97.9%
Profit Margin
-2.6%
Valuation Premium vs History
+1.3% premium
PE vs Historical
295.0 vs 284.2
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+1.3%
(market-implied from PE analysis)
1-Year Target
$12.58
(+1%)
2-Year Target
$12.75
(+3%)
3-Year Target
$12.91
(+4%)
3-Yr Target (if PE normalizes)
(PE: 295→284)
PE COMPRESSION
$12.44
(+0%)
Earnings growth offset by PE compression
Share & Embed Analysis
Last updated: May 16, 2026 3:10 AM ET
Data refreshes hourly during market hours. Next update: 4:10 AM
Data refreshes hourly during market hours. Next update: 4:10 AM
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Technical Signals Check
Is PTEN showing a specific setup today?
Insider Activity (6 Months)
0
Buys
3
Sells
Net
INSIDERS SELLING
Recent Transactions
Robert Wayne Drummond Jr
SELL
164775 shares
2026-03-16
James Carl Stewart
SELL
368254 shares
2025-12-18
James Carl Stewart
SELL
350000 shares
2025-12-17
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