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

ProPetro Holding Corp. (NYSE:PUMP) – Research analysts at Zacks Research cut their Q2 2026 earnings estimates for shares of ProPetro in a note issued to investors on Thursday, May 14th. Zacks Research analyst Team now expects that the company will post earnings per share of ($0.06) for the quarter, down from their prior estimate of ($0.05). The consensus estimate for ProPetro’s current full-year earnings is ($0.10) per share. Zacks Research also issued estimates for ProPetro’s FY2026 earnings at ($0.04) EPS, Q1 2027 earnings at $0.06 EPS and FY2027 earnings at $0.17 EPS.

ProPetro (NYSE:PUMP) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $270.69 million during the quarter, compared to the consensus estimate of $277.49 million. During the same quarter last year, the firm earned $0.09 EPS. The firm’s revenue for the quarter was down 24.6% compared to the same quarter last year.

Other research analysts also recently issued research reports about the stock. Citigroup increased their price target on shares of ProPetro from $16.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings downgraded shares of ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Bank of America assumed coverage on shares of ProPetro in a research note on Monday, March 30th. They issued a “buy” rating and a $18.00 price objective for the company. Barclays raised shares of ProPetro from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $14.00 to $23.00 in a research note on Thursday, May 7th. Finally, The Goldman Sachs Group initiated coverage on shares of ProPetro in a report on Friday, April 10th. They set a “neutral” rating and a $15.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $16.50.

ProPetro Stock Up 3.1%

Shares of NYSE:PUMP opened at $18.00 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.57 and a debt-to-equity ratio of 0.08. ProPetro has a 12 month low of $4.51 and a 12 month high of $18.50. The company has a 50-day moving average price of $14.98 and a 200 day moving average price of $12.09. The company has a market cap of $2.21 billion, a price-to-earnings ratio of -163.60 and a beta of 0.75.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd acquired a new position in ProPetro during the fourth quarter valued at $56,000. Trek Financial LLC acquired a new position in ProPetro during the third quarter valued at $57,000. Dark Forest Capital Management LP acquired a new position in ProPetro during the third quarter valued at $57,000. MQS Management LLC purchased a new position in ProPetro in the third quarter valued at $58,000. Finally, Raymond James Financial Inc. purchased a new position in ProPetro in the second quarter valued at $60,000. 84.70% of the stock is currently owned by institutional investors and hedge funds.

About ProPetro

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.