ProPetro (NYSE:PUMP) Trading Up 5.8% – Still a Buy?

Posted by Brenda Bartman on Jul 10th, 2026

ProPetro Holding Corp. (NYSE:PUMP – Get Free Report)’s share price traded up 5.8% during mid-day trading on Wednesday . The stock traded as high as $13.04 and last traded at $13.0110. 234,076 shares changed hands during trading, a decline of 94% from the average session volume of 4,007,385 shares. The stock had previously closed at $12.30.

Wall Street Analysts Forecast Growth

PUMP has been the subject of a number of analyst reports. Stifel Nicolaus set a $23.00 price objective on shares of ProPetro in a research report on Thursday, July 2nd. Bank of America started coverage on ProPetro in a research note on Monday, March 30th. They set a “buy” rating and a $18.00 price objective for the company. Piper Sandler lifted their price objective on ProPetro from $17.00 to $20.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. The Goldman Sachs Group reiterated a “neutral” rating and set a $16.00 target price on shares of ProPetro in a research note on Wednesday, June 3rd. Finally, Odeon Capital Group started coverage on shares of ProPetro in a research report on Thursday, May 28th. They set a “buy” rating for the company. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, ProPetro currently has a consensus rating of “Moderate Buy” and an average price target of $18.25.

Check Out Our Latest Analysis on PUMP

ProPetro Stock Down 0.8%

The firm has a market cap of $1.57 billion, a P/E ratio of -116.50 and a beta of 0.72. The firm’s 50-day moving average price is $15.37 and its 200 day moving average price is $13.37. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.57.

ProPetro (NYSE:PUMP – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.09. ProPetro had a negative return on equity of 1.43% and a negative net margin of 1.05%.The firm had revenue of $270.69 million during the quarter, compared to analyst estimates of $277.49 million. During the same period in the previous year, the company earned $0.09 earnings per share. ProPetro’s quarterly revenue was down 24.6% on a year-over-year basis. On average, equities research analysts expect that ProPetro Holding Corp. will post -0.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ProPetro

Several institutional investors and hedge funds have recently made changes to their positions in PUMP. Aster Capital Management DIFC Ltd acquired a new position in ProPetro in the fourth quarter worth $56,000. Dark Forest Capital Management LP bought a new position in shares of ProPetro in the 3rd quarter worth about $57,000. Raymond James Financial Inc. acquired a new position in shares of ProPetro in the 2nd quarter valued at about $60,000. Tower Research Capital LLC TRC grew its position in shares of ProPetro by 70.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,789 shares of the company’s stock valued at $64,000 after buying an additional 4,461 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of ProPetro during the 1st quarter valued at about $83,000. 84.70% of the stock is owned by institutional investors and hedge funds.

About ProPetro

(Get Free Report)

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.