WHD, US1272031071

Cactus scheduled October 28 results as Barclays lifted Cactus stock target to USD 75

Published on 10/18/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cactus reported USD 449.53 million in second-quarter revenue, up 64.30 percent year over year. Cactus stock has a USD 66.40 consensus target.

Upcoming dates and operating figures

Cactus announced its third-quarter release date as October 28, 2026, followed by a call on October 29, 2026.
Second-quarter revenue reached USD 449.53 million, up 64.30 percent year over year.
Barclays lifted its Cactus target from USD 74.00 to USD 75.00 on October 15, 2026.

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Cactus (US1272031071) will issue its third-quarter 2026 results after the market close on October 28, 2026. Morningstar reported that the Houston-based oilfield equipment company will hold its earnings call on October 29, 2026.

October 28 results set the next test

The upcoming release follows a strong second quarter. MarketBeat reported quarterly revenue of USD 449.53 million, up 64.30 percent from the prior-year quarter, while earnings per share reached USD 0.93 against a USD 0.64 consensus estimate. The company also raised its quarterly dividend to USD 0.15 per share.

The figures give the October release a demanding comparison base. Cactus reported USD 388.35 million in first-quarter 2026 revenue, so the second-quarter total was USD 61.18 million higher on a sequential basis. Operating profit also rose from USD 49.50 million in the first quarter to USD 83.58 million in the second quarter.

What does the target mean for valuation?

Barclays raised its Cactus price target from USD 74.00 to USD 75.00 on October 15, 2026, while the broader analyst view remained a Hold consensus with a USD 66.40 average target from seven analysts, according to Yahoo Finance. The target spread places execution and margin delivery at the center of the next results discussion.

Three dated company developments

On July 29, 2026, Cactus reported second-quarter revenue of USD 449.53 million and earnings per share of USD 0.93. On September 11, 2026, it paid a quarterly dividend of USD 0.15 per share. On October 14, 2026, it announced the October 28 release and October 29 conference call.

Next dates for investors

The next reporting date is October 28, 2026, after the market close. The conference call is scheduled for October 29, 2026, at 10:00 a.m. ET.

Stock context before results

Cactus closed at USD 61.71 on the NYSE on October 16, 2026. Its market capitalization was USD 4.3 billion on that date, and the 52-week range was USD 36.80 to USD 74.07.

The further course of trading is shown by the continuously updated real-time quote of Cactus stock.