What is Zacks Research’s Forecast for ProPetro Q1 Earnings?

ProPetro Holding Corp. (NYSE:PUMP) – Investment analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of ProPetro in a note issued to investors on Wednesday, March 4th. Zacks Research analyst Team now anticipates that the company will earn ($0.11) per share for the quarter, down from their prior estimate of ($0.09). The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q3 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.05 EPS, FY2026 earnings at ($0.10) EPS, Q1 2027 earnings at $0.17 EPS, Q2 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.09 EPS and FY2027 earnings at $0.40 EPS.

A number of other research analysts have also commented on PUMP. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ProPetro in a report on Monday, December 29th. Piper Sandler lifted their target price on ProPetro from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. raised shares of ProPetro from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $7.00 to $13.00 in a research report on Wednesday, December 10th. Barclays upped their price target on shares of ProPetro from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 25th. Finally, Wolfe Research upgraded shares of ProPetro to a “buy” rating and set a $13.00 price objective for the company in a research note on Wednesday, December 10th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, ProPetro has a consensus rating of “Hold” and an average target price of $12.83.

ProPetro Price Performance

Shares of NYSE PUMP opened at $12.42 on Monday. The firm has a market cap of $1.52 billion, a P/E ratio of 1,242.00 and a beta of 0.70. The business’s 50 day moving average is $10.95 and its 200-day moving average is $8.72. The company has a current ratio of 1.29, a quick ratio of 1.24 and a debt-to-equity ratio of 0.13. ProPetro has a 1-year low of $4.51 and a 1-year high of $13.25.

ProPetro (NYSE:PUMP) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.14. ProPetro had a net margin of 0.06% and a return on equity of 0.10%. The firm had revenue of $289.68 million during the quarter, compared to the consensus estimate of $279.90 million. During the same period last year, the business posted ($0.17) earnings per share. The business’s revenue for the quarter was down 9.6% compared to the same quarter last year.

Institutional Investors Weigh In On ProPetro

Institutional investors and hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC raised its stake in ProPetro by 127.3% during the second quarter. Squarepoint Ops LLC now owns 102,166 shares of the company’s stock worth $610,000 after acquiring an additional 57,226 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of ProPetro in the 3rd quarter valued at approximately $1,569,000. American Century Companies Inc. boosted its stake in shares of ProPetro by 3.1% in the 2nd quarter. American Century Companies Inc. now owns 3,556,150 shares of the company’s stock valued at $21,230,000 after purchasing an additional 107,090 shares in the last quarter. Towle & Co. grew its holdings in shares of ProPetro by 11.5% during the 3rd quarter. Towle & Co. now owns 1,129,914 shares of the company’s stock valued at $5,921,000 after purchasing an additional 116,260 shares during the last quarter. Finally, Dana Investment Advisors Inc. increased its position in ProPetro by 21.9% during the 3rd quarter. Dana Investment Advisors Inc. now owns 932,470 shares of the company’s stock worth $4,886,000 after purchasing an additional 167,509 shares in the last quarter. Institutional investors own 84.70% of the company’s stock.

Key Headlines Impacting ProPetro

Here are the key news stories impacting ProPetro this week:

• Positive Sentiment: Zacks materially raised its FY2027 EPS view to $0.40 (from $0.34) and lifted multiple 2027 quarter forecasts — this improves the forward earnings trajectory that investors care about and supports valuation re‑rating on improving profitability. Zacks Research Forecasts ProPetro FY2028 Earnings
• Positive Sentiment: Zacks increased several 2027 quarterly estimates (Q1 2027 to $0.17, Q2 2027 to $0.06, Q3 2027 to $0.08, Q4 2027 to $0.09) — suggesting analysts expect improving margins/volume through 2027. Zacks Research Forecasts ProPetro FY2028 Earnings
• Neutral Sentiment: Zacks published a suite of updated near‑term estimates (Q3 2026 ~$0.01, Q4 2026 ~$0.05 and FY2026 improving to -$0.10 from -$0.13) — mixed near‑term outlook with gradual recovery expected into 2027. MarketBeat: PUMP Coverage
• Neutral Sentiment: Zacks also published a FY2028 forecast note (coverage article linked), which may provide longer‑range modeling but contains less immediate market impact than the 2026–2027 revisions. Zacks Research Forecasts ProPetro FY2028 Earnings
• Negative Sentiment: Zacks reduced its Q1 2026 EPS estimate to ($0.11) from ($0.09), signaling downside risk to near‑term results and leaving the 2026 annual outlook marginally negative — a potential drag on short‑term sentiment. MarketBeat: PUMP Coverage

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.