Zacks Research Estimates ProPetro’s Q2 Earnings (NYSE:PUMP)

ProPetro Holding Corp. (NYSE:PUMP) – Analysts at Zacks Research reduced their Q2 2026 earnings estimates for shares of ProPetro in a research report issued to clients and investors on Thursday, June 11th. Zacks Research analyst Team now anticipates that the company will post earnings of ($0.07) per share for the quarter, down from their previous estimate of ($0.06). The consensus estimate for ProPetro’s current full-year earnings is ($0.08) per share. Zacks Research also issued estimates for ProPetro’s FY2026 earnings at ($0.05) EPS, Q2 2027 earnings at $0.04 EPS, Q3 2027 earnings at $0.05 EPS and FY2028 earnings at $1.00 EPS.

Other analysts also recently issued research reports about the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $16.00 target price on shares of ProPetro in a report on Wednesday, June 3rd. Odeon Capital Group initiated coverage on ProPetro in a research note on Thursday, May 28th. They set a “buy” rating on the stock. Weiss Ratings lowered ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Bank of America started coverage on ProPetro in a research note on Monday, March 30th. They issued a “buy” rating and a $18.00 price objective for the company. Finally, Barclays upgraded ProPetro from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $14.00 to $23.00 in a report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.63.

ProPetro Price Performance

ProPetro stock opened at $15.49 on Monday. The company’s 50 day simple moving average is $15.69 and its 200-day simple moving average is $12.85. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.57 and a current ratio of 1.64. ProPetro has a 1 year low of $4.51 and a 1 year high of $18.50. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of -140.80 and a beta of 0.70.

ProPetro (NYSE:PUMP) last announced its earnings results on Thursday, April 30th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.09. ProPetro had a negative net margin of 1.05% and a negative return on equity of 1.43%. The company had revenue of $270.69 million during the quarter, compared to analyst estimates of $277.49 million. During the same quarter last year, the firm posted $0.09 earnings per share. ProPetro’s revenue was down 24.6% compared to the same quarter last year.

Hedge Funds Weigh In On ProPetro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PUMP. Valiant Capital Management L.P. acquired a new position in shares of ProPetro in the fourth quarter worth $34,890,000. Sourcerock Group LLC raised its stake in shares of ProPetro by 66.4% in the second quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock valued at $50,198,000 after acquiring an additional 3,355,848 shares in the last quarter. Cooper Creek Partners Management LLC purchased a new position in ProPetro in the first quarter valued at $42,748,000. VR Advisory Services Ltd boosted its holdings in ProPetro by 213.2% in the third quarter. VR Advisory Services Ltd now owns 3,679,359 shares of the company’s stock valued at $19,280,000 after purchasing an additional 2,504,634 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in ProPetro by 209.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,145 shares of the company’s stock worth $14,170,000 after purchasing an additional 1,830,399 shares in the last quarter. Hedge funds and other institutional investors own 84.70% of the company’s stock.

ProPetro Company Profile

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.