Citi cuts target for ProPetro Holding stock to USD 14.50
Published on 10/17/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and coming results
- On October 2, 2026, Citi analyst Scott Gruber cut the target to USD 14.50 from USD 16.00.
- For the second quarter of 2026, ProPetro reported USD 305.81 million in revenue and negative USD 0.07 adjusted earnings per share.
- ProPetro Holding stock was last at EUR 6.88 at Lang & Schwarz on October 16, 2026, down 2.64 percent on the NYSE.
- ProPetro is scheduled to release third-quarter 2026 results on October 28, 2026.
Citi analyst Scott Gruber cut the price target for ProPetro Holding from USD 16.00 to USD 14.50 on October 2, 2026, while keeping a Buy rating, according to Markets Insider. The move puts the analyst target 87.58 percent above the latest NYSE price of USD 7.73. ProPetro Holding stock was last at EUR 6.88 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, while the NYSE quotation stood at USD 7.73, down 2.64 percent from USD 7.94.
Revenue reached USD 305.81 million
The latest reported operating picture comes from the second quarter of 2026. ProPetro posted revenue of USD 305.81 million, versus USD 304.48 million expected, while adjusted earnings per share were negative USD 0.07 against a consensus loss of USD 0.01, The Stock Observer reported on October 13, 2026, citing the company results.
The revenue figure was down 6.30 percent from the year-earlier quarter, and the negative net margin was 1.15 percent. The comparison matters because the revenue result exceeded the cited consensus by USD 1.33 million, but earnings still missed expectations by USD 0.06.
Stock stays near its yearly low
The NYSE price of USD 7.73 was 58.22 percent below the 52-week high of USD 18.50 and 38.85 percent above the 52-week low of USD 5.56 on October 16, 2026. Trading volume reached 4,000,910 shares against an average of 3,859,298, while the session ranged from USD 7.70 to USD 7.99.
Valuation and the next report
ProPetro had a market capitalization of USD 949.4 million, a negative price-to-earnings ratio of 68.35 and no reported dividend yield in the latest quote data. The company said on October 12, 2026 that it will release third-quarter results before trading opens on October 28, 2026 and hold its earnings call at 8:00 a.m. Central Time, as reported by Yahoo Finance.
Comparison with peers
PUMP (NYSE, USD): minus 2.64 percent, P/E minus 68.35, market capitalization USD 949.4 million
Liberty Energy (NYSE, USD): minus 0.60 percent, P/E 22.36, market capitalization USD 2.7 billion
Halliburton (NYSE, USD): plus 1.85 percent, P/E 17.53, market capitalization USD 27.9 billion
Price perspective for investors
ProPetro operates in oilfield services and also develops gas-to-power services through its PROPWR division. The combination gives the upcoming report two measurable reference points: second-quarter revenue of USD 305.81 million and the negative USD 0.07 adjusted earnings per share figure.
ProPetro was last at EUR 6.88 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST. The NYSE price stood at USD 7.73, down 2.64 percent from the USD 7.94 prior close.
The further course of trading is shown by the continuously updated real-time quote of ProPetro Holding stock.
ProPetro Holding market data
- Company: ProPetro Holding Corp.
- ISIN: US74347M1080
- Ticker: PUMP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:59 p.m. CEST): EUR 6.88
- NYSE daily change: minus 2.64 percent on October 16, 2026
- Market capitalization: USD 949.4 million (as of October 16, 2026)
- 52-week range: USD 5.56-18.50 (as of October 16, 2026)
- Sector / Industry: Energy / Oilfield services
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
