Zacks raises Cactus stock forecast to USD 0.80
Published on 10/08/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cactus, Inc. (ISIN US1272031071) was trading at EUR 55.88 at Lang & Schwarz on October 8, 2026 at 11:17 a.m. CEST, down 0.89 percent versus the EUR 56.38 prior close of October 7, 2026. The market backdrop follows a forecast increase from Zacks Research dated October 5, 2026, which lifted its third-quarter 2026 earnings-per-share estimate to USD 0.80 from USD 0.77, as MarketBeat reported.
Forecast rises above consensus
The revised Zacks estimate stands above the broader full-year 2026 consensus of USD 3.05 per share, while the same research update placed Cactus full-year 2026 earnings at USD 3.15 per share. That gap gives the forecast change a measurable edge, although it remains one analyst estimate rather than company guidance.
The company last reported second-quarter 2026 results for the period ended June 30, 2026. According to MarketBeat, revenue reached USD 449.53 million versus USD 400.82 million expected, a year-over-year increase of 64.30 percent. The comparison shows that the operating update was broader than the forecast revision alone.
Margins remain a key counterweight
Simply Wall St identified margin pressure from steel tariffs and limited pricing power as a risk, citing a profit margin of 6.00 percent compared with 16.20 percent a year earlier. Its analysis also highlighted integration risk around the Surface Pressure Control business acquired from Baker Hughes, particularly if international markets weaken during 2026.
Cactus operates in oilfield equipment, designing, manufacturing, selling and renting wellhead, pressure-control and spoolable-pipe technologies. For investors, the central tension is visible in the numbers: revenue growth accelerated, while the cited margin comparison points to a less favorable earnings conversion.
Stock remains below its yearly high
Cactus stock was trading at EUR 55.88 at Lang & Schwarz on October 8, 2026 at 11:17 a.m. CEST, minus 0.89 percent versus the EUR 56.38 prior close at Lang & Schwarz on October 7, 2026. The primary-market reference was USD 63.10 at the latest finance quote timestamp of October 7, 2026 at 4:00 p.m. ET, with a 52-week range of USD 33.20 to USD 74.07 and market capitalization of USD 4.4 billion.
The further course of trading is shown by the continuously updated real-time quote of Cactus stock.
Cactus stock at a glance
- Company: Cactus, Inc.
- ISIN: US1272031071
- Ticker: WHD
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 8, 2026, 11:17 a.m. CEST: EUR 55.88
- Change versus prior close: minus 0.89 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 56.38
- Market capitalization: USD 4.4 billion as of October 7, 2026
- 52-week range: USD 33.20-74.07 as of October 7, 2026
- Sector / Industry: Energy / oilfield equipment
