Equities Analysts Set Expectations for ProPetro Q2 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Zacks Research raised their Q2 2026 EPS estimates for shares of ProPetro in a research note issued to investors on Monday, July 13th. Zacks Research analyst Team now forecasts that the company will earn ($0.06) per share for the quarter, up from their previous forecast of ($0.07). The consensus estimate for ProPetro’s current full-year earnings is ($0.03) per share. Zacks Research also issued estimates for ProPetro’s Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.04 EPS, FY2026 earnings at ($0.04) EPS and FY2027 earnings at $0.18 EPS.

Several other research firms also recently commented on PUMP. Weiss Ratings downgraded ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. The Goldman Sachs Group restated a “neutral” rating and set a $16.00 target price on shares of ProPetro in a research note on Wednesday, June 3rd. Stifel Nicolaus set a $23.00 price target on shares of ProPetro in a report on Thursday, July 2nd. Piper Sandler raised their price objective on shares of ProPetro from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, Odeon Capital Group began coverage on shares of ProPetro in a research note on Thursday, May 28th. They set a “buy” rating on the stock. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $18.25.

ProPetro Price Performance

NYSE PUMP opened at $13.69 on Wednesday. The business’s fifty day moving average is $15.13 and its 200 day moving average is $13.45. ProPetro has a fifty-two week low of $4.51 and a fifty-two week high of $18.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.57 and a current ratio of 1.64. The company has a market capitalization of $1.68 billion, a PE ratio of -124.48 and a beta of 0.72.

ProPetro (NYSE:PUMP) last released its quarterly 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. The business had revenue of $270.69 million for the quarter, compared to the consensus estimate of $277.49 million. ProPetro had a negative net margin of 1.05% and a negative return on equity of 1.43%. The company’s quarterly revenue was down 24.6% on a year-over-year basis. During the same period last year, the firm earned $0.09 earnings per share.

Institutional Investors Weigh In On ProPetro

A number of hedge funds have recently bought and sold shares of PUMP. Valiant Capital Management L.P. purchased a new position in ProPetro in the fourth quarter worth about $34,890,000. Sourcerock Group LLC boosted its holdings in shares of ProPetro by 66.4% in the 2nd quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock worth $50,198,000 after purchasing an additional 3,355,848 shares during the period. Cooper Creek Partners Management LLC bought a new position in shares of ProPetro during the 1st quarter valued at approximately $42,748,000. VR Advisory Services Ltd raised its holdings in ProPetro by 213.2% during the 3rd quarter. VR Advisory Services Ltd now owns 3,679,359 shares of the company’s stock valued at $19,280,000 after buying an additional 2,504,634 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in ProPetro by 209.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,145 shares of the company’s stock worth $14,170,000 after buying an additional 1,830,399 shares during 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.