ProFrac (NASDAQ:ACDC) Trading Up 8.2% – Still a Buy?

Posted by on May 20th, 2026

ProFrac Holding Corp. (NASDAQ:ACDC – Get Free Report)’s stock price was up 8.2% on Monday . The company traded as high as $7.87 and last traded at $7.8750. Approximately 1,161,464 shares were traded during trading, a decline of 12% from the average daily volume of 1,324,867 shares. The stock had previously closed at $7.28.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Piper Sandler raised their price target on shares of ProFrac from $5.00 to $6.00 and gave the stock a “neutral” rating in a research note on Monday. Morgan Stanley boosted their target price on ProFrac from $5.00 to $6.00 and gave the company an “underweight” rating in a research report on Wednesday, April 15th. Zacks Research raised shares of ProFrac from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 21st. Wall Street Zen downgraded shares of ProFrac from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of ProFrac in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $6.17.

Check Out Our Latest Report on ACDC

ProFrac Stock Performance

The company has a current ratio of 0.82, a quick ratio of 0.58 and a debt-to-equity ratio of 1.27. The stock’s 50 day moving average price is $6.60 and its two-hundred day moving average price is $5.25. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -3.04 and a beta of 1.51.

ProFrac (NASDAQ:ACDC – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.10). The business had revenue of $449.60 million during the quarter, compared to analyst estimates of $426.39 million. ProFrac had a negative net margin of 24.25% and a negative return on equity of 44.39%. On average, analysts forecast that ProFrac Holding Corp. will post -1.22 EPS for the current year.

Hedge Funds Weigh In On ProFrac

Several hedge funds and other institutional investors have recently modified their holdings of ACDC. EverSource Wealth Advisors LLC raised its position in ProFrac by 7,241.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,524 shares of the company’s stock worth $27,000 after acquiring an additional 3,476 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of ProFrac in the 2nd quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of ProFrac in the 3rd quarter valued at approximately $45,000. Price T Rowe Associates Inc. MD acquired a new stake in ProFrac in the 4th quarter worth approximately $46,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of ProFrac during the fourth quarter worth approximately $47,000. Institutional investors and hedge funds own 12.75% of the company’s stock.

About ProFrac

(Get Free Report)

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends.

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