Piper Sandler Reiterates Overweight Rating on Patterson-UTI Energy, Inc. (PTEN)

Market Context

Patterson-UTI Energy, Inc. operates in the Energy sector. The stock currently trades at $11.75 with a market capitalization of $2.4B. The stock has gained 94.4% over the past 52 weeks.

Analyst coverage from Piper Sandler 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
Nov 03, 2026	Piper Sandler	Overweight	N/A
Nov 02, 2026	Morgan Stanley	Equal-Weight	N/A
Oct 30, 2026	Susquehanna	Positive	N/A
Oct 30, 2026	UBS	Neutral	N/A
Oct 30, 2026	Barclays	Overweight	N/A

Related Tools: Analyst Ratings Dashboard | View PTEN Stock Page