Research Analysts Set Expectations for ProPetro Q3 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for ProPetro in a report issued on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for ProPetro’s current full-year earnings is ($0.06) per share. Zacks Research also issued estimates for ProPetro’s Q4 2026 earnings at $0.03 EPS, FY2026 earnings at ($0.06) EPS and Q3 2027 earnings at $0.05 EPS.

ProPetro (NYSE:PUMP) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.06). The firm had revenue of $305.81 million during the quarter, compared to analyst estimates of $304.48 million. ProPetro had a negative net margin of 1.15% and a negative return on equity of 1.49%. ProPetro’s revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.07) earnings per share.

A number of other analysts have also recently weighed in on the stock. Piper Sandler decreased their price target on shares of ProPetro from $20.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Citigroup reduced their target price on shares of ProPetro from $20.00 to $16.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Odeon Capital Group began coverage on shares of ProPetro in a research note on Thursday, May 28th. They set a “buy” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of ProPetro in a report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $16.00 price target on shares of ProPetro in a report on Wednesday, June 3rd. Eight 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

ProPetro Stock Performance

Shares of ProPetro stock opened at $11.35 on Friday. The firm’s fifty day simple moving average is $12.77 and its 200-day simple moving average is $13.77. ProPetro has a 12 month low of $4.51 and a 12 month high of $18.50. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of -103.18 and a beta of 0.77. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.09 and a quick ratio of 4.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC raised its holdings in ProPetro by 64.2% during the second quarter. Headlands Technologies LLC now owns 75,956 shares of the company’s stock worth $1,089,000 after purchasing an additional 29,691 shares in the last quarter. Moore Capital Management LP purchased a new stake in ProPetro in the 2nd quarter valued at approximately $10,519,000. Alyeska Investment Group L.P. purchased a new stake in ProPetro in the 2nd quarter valued at approximately $20,316,000. Wellington Management Group LLP increased its position in ProPetro by 882.3% during the 2nd quarter. Wellington Management Group LLP now owns 2,290,361 shares of the company’s stock worth $32,844,000 after purchasing an additional 2,057,195 shares during the period. Finally, Ratan Capital Management LP acquired a new position in ProPetro during the 2nd quarter worth approximately $4,193,000. 84.70% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other ProPetro news, Director G Larry Lawrence sold 35,831 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $11.16, for a total transaction of $399,873.96. Following the completion of the transaction, the director owned 28,181 shares in the company, valued at approximately $314,499.96. This represents a 55.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Adam Munoz sold 70,696 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total transaction of $789,674.32. Following the completion of the sale, the chief operating officer owned 148,691 shares of the company’s stock, valued at $1,660,878.47. This trade represents a 32.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.55% 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.