What is Zacks Research’s Forecast for ProPetro Q2 Earnings?

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Zacks Research lifted their Q2 2026 earnings estimates for ProPetro in a research report issued on Monday, July 13th. Zacks Research analyst Team now expects that the company will post earnings of ($0.06) per share for the quarter, up from their prior estimate 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.

Other equities analysts also recently issued research reports about the company. The Goldman Sachs Group reiterated a “neutral” rating and set a $16.00 price target on shares of ProPetro in a research report on Wednesday, June 3rd. Bank of America initiated coverage on ProPetro in a research report on Monday, March 30th. They issued a “buy” rating and a $18.00 price objective for the company. Barclays raised ProPetro from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $14.00 to $23.00 in a research note on Thursday, May 7th. Piper Sandler increased their target price on 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 started coverage on shares of ProPetro in a research note on Thursday, May 28th. They issued a “buy” rating on the stock. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $18.25.

ProPetro Price Performance

Shares of ProPetro stock opened at $12.71 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.64 and a debt-to-equity ratio of 0.08. ProPetro has a twelve month low of $4.51 and a twelve month high of $18.50. The business has a 50-day moving average price of $15.02 and a 200 day moving average price of $13.50. The firm has a market cap of $1.56 billion, a PE ratio of -115.51 and a beta of 0.72.

ProPetro (NYSE:PUMP) last posted its earnings results on Thursday, April 30th. The company reported ($0.03) earnings per share (EPS) 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 business had revenue of $270.69 million for the quarter, compared to analyst estimates of $277.49 million. During the same period in the prior year, the company posted $0.09 EPS. The company’s revenue for the quarter was down 24.6% on a year-over-year basis.

Institutional Investors Weigh In On ProPetro

Several institutional investors have recently bought and sold shares of PUMP. Aster Capital Management DIFC Ltd acquired a new position in shares of ProPetro during the fourth quarter valued at approximately $56,000. Dark Forest Capital Management LP purchased a new position in shares of ProPetro in the third quarter valued at approximately $57,000. Raymond James Financial Inc. acquired a new stake in shares of ProPetro in the second quarter worth approximately $60,000. Tower Research Capital LLC TRC boosted its stake in shares of ProPetro by 70.5% in the second quarter. Tower Research Capital LLC TRC now owns 10,789 shares of the company’s stock worth $64,000 after acquiring an additional 4,461 shares during the last quarter. Finally, State of Wyoming purchased a new stake in shares of ProPetro during the first quarter worth approximately $83,000. 84.70% of the stock is currently owned by institutional investors and hedge funds.

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.