Piper Sandler cuts target for Liberty Energy stock to USD 29.00

Published on 10/20/2026 at 19:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 21 after the market close. Liberty Energy stock costs EUR 14.80 at Lang & Schwarz on October 20, 2026.

Analyst target and reporting dates

Piper Sandler cut its Liberty Energy target to USD 29.00 from USD 30.00 on October 19, 2026.
Second-quarter revenue reached USD 1.19 billion, up 14.00 percent year over year.
Liberty Energy stock costs EUR 14.80 at Lang & Schwarz on October 20, 2026 at 7:16 p.m. CEST.
Third-quarter results are scheduled for October 21, 2026, followed by a conference call on October 22, 2026.

LBRT, US53115L1044, Illustration mit AI erstellt.

Liberty Energy stock (ISIN US53115L1044) is the subject of a fresh Piper Sandler target cut to USD 29.00 from USD 30.00. MarketBeat reported the change on October 19, 2026, while Piper Sandler maintained an overweight rating. Liberty Energy was trading at EUR 14.80 at Lang & Schwarz on October 20, 2026 at 7:16 p.m. CEST.

Second-quarter figures set the baseline

Liberty Energy reported second-quarter 2026 revenue of USD 1.19 billion, a 14.00 percent increase from the same quarter a year earlier. Net income was USD 43.00 million, diluted earnings per share were USD 0.26 and adjusted EBITDA was USD 151.00 million, according to the company's results release carried by Business Wire. The period ended June 30, 2026.

The revenue increase contrasts with operating profit of USD 12.72 million and an operating margin of 1.07 percent in the second quarter. The figures show a stronger top line alongside limited operating leverage.

Price sits above its yearly low

On the NYSE, Liberty Energy was last at USD 16.77 on October 20, 2026 at 1:23 p.m. ET during the session. Its 52-week range was USD 14.76 to USD 34.48, placing the quote USD 2.01 above the low and USD 17.71 below the high. Trading volume was 1,565,530 shares at that timestamp.

Valuation and near-term dates

Liberty Energy had a market capitalization of USD 2.7 billion and a price-to-earnings ratio of 22.57 on October 20, 2026. The next scheduled catalyst is the third-quarter 2026 results release after the market close on October 21, 2026, followed by a conference call at 10:00 a.m. ET on October 22, 2026, as Business Wire reported on October 7, 2026.

Comparison with peers

Liberty Energy: minus 1.87 percent on October 20, 2026, price-to-earnings ratio 22.57, market capitalization USD 2.7 billion.

Halliburton (NYSE, USD): plus 1.97 percent on October 20, 2026, price-to-earnings ratio 14.06, market capitalization USD 28.0 billion.

Patterson-UTI Energy (NASDAQ, USD): minus 3.90 percent on October 20, 2026, market capitalization USD 4.4 billion.

The stock's current position

Piper Sandler's lower target keeps the analyst focus on valuation and the timing of a recovery in energy-service activity. Liberty Energy's second-quarter revenue growth provides a concrete operating counterpoint, but the 1.07 percent operating margin shows why the upcoming report matters for the earnings outlook.

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