Citigroup Reiterates Neutral Rating on Patterson-UTI Energy, Inc. (PTEN)

Market Context

Patterson-UTI Energy, Inc. operates in the Energy sector. The stock currently trades at $9.55 with a market capitalization of $2.4B. The stock has gained 51.4% over the past 52 weeks.

Analyst coverage from Citigroup provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Patterson-UTI Energy, Inc..

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Patterson-UTI Energy, Inc.

Among the 10 most recent ratings: 4 Buy, 6 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jun 29, 2026	Citigroup	Neutral	N/A
Jun 16, 2026	Stifel	Buy	N/A
Jun 04, 2026	Goldman Sachs	Buy	N/A
May 29, 2026	RBC Capital	Outperform	N/A
May 27, 2026	Piper Sandler	Neutral	N/A

Related Tools: Analyst Ratings Dashboard | View PTEN Stock Page