Analysts Set ProPetro Holding Corp. (NYSE:PUMP) Target Price at $18.25

ProPetro Holding Corp. (NYSE:PUMP) has earned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $18.25.

PUMP has been the topic of several research analyst reports. Barclays raised ProPetro from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $14.00 to $23.00 in a research report on Thursday, May 7th. Citigroup raised their target price on ProPetro from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Piper Sandler lifted their target price on ProPetro from $17.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Weiss Ratings downgraded shares of ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Finally, Odeon Capital Group assumed coverage on shares of ProPetro in a research report on Thursday, May 28th. They set a “buy” rating for the company.

Key Headlines Impacting ProPetro

Here are the key news stories impacting ProPetro this week:

• Positive Sentiment: Second-quarter revenue was $305.81 million, slightly above the $304.48 million analyst estimate. The company also remains financially positioned with a current ratio of 1.64 and low debt relative to equity. ProPetro Reports Q2 Loss, Tops Revenue Estimates
• Positive Sentiment: Technical indicators suggest the stock may be oversold after a sharp recent decline. Zacks also noted broad analyst support through rising earnings estimates, which could provide a potential turnaround catalyst if operating results improve. ProPetro May Be Ripe for a Turnaround
• Neutral Sentiment: Management reviewed second-quarter results and business conditions during the earnings call. Investors will look for details on fleet utilization, pricing, customer activity and the outlook for the pressure-pumping market. ProPetro Q2 2026 Earnings Call Transcript
• Negative Sentiment: ProPetro reported a second-quarter loss of $0.07 per share, substantially below the consensus estimate of a $0.01 loss. The result matched the year-ago loss but reflected continued profitability pressure, including a negative net margin and negative return on equity. ProPetro Q2 Key Metrics
• Negative Sentiment: Quarterly revenue declined 6.3% year over year. The combination of weaker sales and a much wider-than-expected earnings shortfall is likely weighing on investor confidence despite the modest revenue beat. ProPetro Earnings Report

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PUMP. ProShare Advisors LLC grew its position in shares of ProPetro by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 14,643 shares of the company’s stock valued at $139,000 after acquiring an additional 944 shares during the period. FourThought Financial Partners LLC raised its holdings in shares of ProPetro by 3.1% in the 4th quarter. FourThought Financial Partners LLC now owns 60,830 shares of the company’s stock worth $578,000 after purchasing an additional 1,840 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of ProPetro by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company’s stock worth $379,000 after purchasing an additional 2,230 shares during the period. Jane Street Group LLC lifted its stake in ProPetro by 1.4% in the first quarter. Jane Street Group LLC now owns 224,275 shares of the company’s stock valued at $1,648,000 after purchasing an additional 3,100 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in ProPetro by 6.3% in the first quarter. Lazard Asset Management LLC now owns 54,637 shares of the company’s stock valued at $787,000 after purchasing an additional 3,219 shares during the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

ProPetro Trading Down 4.5%

NYSE:PUMP opened at $10.18 on Friday. ProPetro has a 52 week low of $4.51 and a 52 week high of $18.50. The firm has a 50-day moving average price of $14.15 and a two-hundred day moving average price of $13.67. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.57 and a current ratio of 1.64. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of -92.50 and a beta of 0.72.

ProPetro (NYSE:PUMP) last released its earnings results on Wednesday, July 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.06). The business had revenue of $305.81 million during the quarter, compared to the consensus estimate of $304.48 million. ProPetro had a negative net margin of 1.05% and a negative return on equity of 1.43%. The business’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.07) earnings per share. On average, equities analysts expect that ProPetro will post -0.02 earnings per share for the current fiscal year.

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.