Drilling Tools International (DTI) Projected to Release Quarterly Earnings on Thursday

Drilling Tools International (NASDAQ:DTI) is projected to issue its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of ($0.04) per share and revenue of $38.7230 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, August 7, 2026 at 10:00 AM ET.

Drilling Tools International (NASDAQ:DTI) last released its earnings results on Thursday, May 7th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.04). The firm had revenue of $37.96 million during the quarter, compared to analysts’ expectations of $37.80 million. Drilling Tools International had a positive return on equity of 0.45% and a negative net margin of 2.35%. On average, analysts expect Drilling Tools International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Drilling Tools International Trading Down 1.0%

DTI traded down $0.03 during midday trading on Tuesday, hitting $2.38. The company’s stock had a trading volume of 192,609 shares, compared to its average volume of 329,877. The firm has a market cap of $83.46 million, a P/E ratio of -21.59, a PEG ratio of 2.90 and a beta of -0.63. The company has a current ratio of 2.15, a quick ratio of 1.57 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $2.36 and a two-hundred day moving average price of $3.14. Drilling Tools International has a 52-week low of $1.65 and a 52-week high of $4.69.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DTI shares. Wall Street Zen lowered shares of Drilling Tools International from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded Drilling Tools International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, July 28th. Finally, Zacks Research upgraded Drilling Tools International from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DTI. Qube Research & Technologies Ltd purchased a new stake in Drilling Tools International during the 2nd quarter worth approximately $49,000. Bridgeway Capital Management LLC grew its position in shares of Drilling Tools International by 187.0% during the second quarter. Bridgeway Capital Management LLC now owns 71,741 shares of the company’s stock worth $204,000 after buying an additional 46,741 shares in the last quarter. Cresset Asset Management LLC increased its stake in shares of Drilling Tools International by 184.5% in the third quarter. Cresset Asset Management LLC now owns 200,521 shares of the company’s stock worth $461,000 after buying an additional 130,032 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Drilling Tools International in the third quarter valued at $55,000. Finally, Geode Capital Management LLC boosted its stake in Drilling Tools International by 12.7% during the 4th quarter. Geode Capital Management LLC now owns 159,400 shares of the company’s stock valued at $391,000 after acquiring an additional 17,926 shares during the last quarter. Hedge funds and other institutional investors own 2.79% of the company’s stock.

About Drilling Tools International

Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.