What is Zacks Research’s Estimate for ProPetro Q3 Earnings?

Posted by Brenda Bartman on Sep 9th, 2026

ProPetro Holding Corp. (NYSE:PUMP – Free Report) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for shares of ProPetro in a report issued on Friday, September 4th. Zacks Research analyst Team now anticipates that the company will earn ($0.04) per share for the quarter, down from their previous forecast of $0.01. The consensus estimate for ProPetro’s current full-year earnings is ($0.09) per share. Zacks Research also issued estimates for ProPetro’s Q4 2026 earnings at $0.04 EPS and FY2026 earnings at ($0.10) EPS.

Several other equities research analysts also recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of ProPetro in a report on Friday, July 31st. Citigroup lowered their price objective on ProPetro from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Piper Sandler cut their target price on shares of ProPetro from $18.00 to $15.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. Stifel Nicolaus decreased their price target on shares of ProPetro from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Finally, Odeon Capital Group initiated coverage on shares of ProPetro in a report 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 given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, ProPetro currently has an average rating of “Moderate Buy” and a consensus target price of $16.12.

Get Our Latest Stock Report on ProPetro

ProPetro Stock Up 4.8%

PUMP stock opened at $12.02 on Wednesday. The stock has a market capitalization of $1.48 billion, a P/E ratio of -109.25 and a beta of 0.77. The company has a current ratio of 4.09, a quick ratio of 4.00 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average price of $11.84 and a 200-day moving average price of $13.74. ProPetro has a 12 month low of $4.52 and a 12 month high of $18.50.

ProPetro (NYSE:PUMP – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). The business had revenue of $305.81 million during the quarter, compared to the consensus estimate of $304.48 million. ProPetro had a negative net margin of 1.15% and a negative return on equity of 1.49%. The business’s revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.07) EPS.

Insider Buying and Selling

In other news, Director G Lawrence sold 35,831 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $11.16, for a total transaction of $399,873.96. Following the transaction, the director directly owned 28,181 shares of the company’s stock, valued at $314,499.96. This represents a 55.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Adam Muñoz sold 70,696 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total value of $789,674.32. Following the completion of the transaction, the chief operating officer owned 148,691 shares in the company, valued at approximately $1,660,878.47. This represents a 32.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.55% of the company’s stock.

Institutional Trading of ProPetro

A number of hedge funds and other institutional investors have recently bought and sold shares of PUMP. Squarepoint Ops LLC lifted its stake in shares of ProPetro by 80.9% in the second quarter. Squarepoint Ops LLC now owns 622,179 shares of the company’s stock valued at $8,922,000 after buying an additional 278,172 shares in the last quarter. California State Teachers Retirement System increased its position in shares of ProPetro by 1,057.5% during the second quarter. California State Teachers Retirement System now owns 1,606,854 shares of the company’s stock worth $23,042,000 after acquiring an additional 1,468,036 shares in the last quarter. Readystate Asset Management LP raised its holdings in shares of ProPetro by 285.6% in the 2nd quarter. Readystate Asset Management LP now owns 405,748 shares of the company’s stock worth $5,818,000 after acquiring an additional 300,535 shares during the last quarter. Situational Awareness LP lifted its position in ProPetro by 115.4% in the 2nd quarter. Situational Awareness LP now owns 1,960,382 shares of the company’s stock valued at $28,112,000 after acquiring an additional 1,050,082 shares in the last quarter. Finally, Headlands Technologies LLC lifted its position in ProPetro by 64.2% in the 2nd quarter. Headlands Technologies LLC now owns 75,956 shares of the company’s stock valued at $1,089,000 after acquiring an additional 29,691 shares in the last quarter. Institutional investors own 84.70% of the company’s stock.

About ProPetro

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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.