Research Analysts Offer Predictions for ProPetro Q2 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for ProPetro in a research report issued on Thursday, May 14th. Zacks Research analyst Team now anticipates that the company will post earnings of ($0.06) per share for the quarter, down from their previous forecast of ($0.05). The consensus estimate for ProPetro’s current full-year earnings is ($0.10) per share. Zacks Research also issued estimates for ProPetro’s FY2026 earnings at ($0.04) EPS, Q1 2027 earnings at $0.06 EPS and FY2027 earnings at $0.17 EPS.

Other research analysts also recently issued research reports about the company. Piper Sandler lifted their price objective on ProPetro from $17.00 to $20.00 and gave the stock an “overweight” rating in a report on Monday. The Goldman Sachs Group started coverage on ProPetro in a report on Friday, April 10th. They set a “neutral” rating and a $15.00 price target on the stock. Citigroup boosted their price target on ProPetro from $16.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Barclays upgraded ProPetro from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $14.00 to $23.00 in a report on Thursday, May 7th. Finally, Weiss Ratings cut ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.50.

ProPetro Stock Up 3.1%

PUMP opened at $18.00 on Tuesday. The company has a market cap of $2.21 billion, a P/E ratio of -163.60 and a beta of 0.75. The business’s 50-day moving average price is $14.98 and its 200-day moving average price is $12.09. The company has a current ratio of 1.64, a quick ratio of 1.57 and a debt-to-equity ratio of 0.08. ProPetro has a 12 month low of $4.51 and a 12 month high of $18.50.

ProPetro (NYSE:PUMP) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.09. The firm had revenue of $270.69 million for the quarter, compared to the consensus estimate of $277.49 million. ProPetro had a negative return on equity of 1.43% and a negative net margin of 1.05%.The company’s quarterly revenue was down 24.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 earnings per share.

Institutional Investors Weigh In On ProPetro

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tudor Investment Corp ET AL purchased a new stake in shares of ProPetro in the 3rd quarter worth $2,280,000. American Century Companies Inc. increased its stake in shares of ProPetro by 5.4% in the 3rd quarter. American Century Companies Inc. now owns 3,748,788 shares of the company’s stock worth $19,644,000 after purchasing an additional 192,638 shares in the last quarter. Quantbot Technologies LP increased its stake in shares of ProPetro by 50.5% in the 3rd quarter. Quantbot Technologies LP now owns 262,804 shares of the company’s stock worth $1,377,000 after purchasing an additional 88,152 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of ProPetro in the 3rd quarter worth $1,569,000. Finally, JPMorgan Chase & Co. increased its stake in ProPetro by 103.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,648,055 shares of the company’s stock worth $8,636,000 after buying an additional 837,776 shares in the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

About ProPetro

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.