PTEN · NASDAQ · STOCK
Patterson-UTI Energy (PTEN) Stock Analysis
$11.31
52W $5.24 – $13.39
55/100
$4.29B
-49.0
0.67
Is PTEN Bullish or Bearish?
Mixed.
Innellis AI committee rates Patterson-UTI Energy, Inc. (PTEN) Watch with a composite score of 55/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +4.92 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -15.08 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Price-to-book of 0.7x is a discount to asset value — Value
- Dividend yield of 2.7% pays you to wait — Value
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
Bear Case
- ROE of only -2.8% -- cheap may mean cheap for a reason — Value
- Revenue declining -6.9% YoY -- this is not a growth story right now — Growth
- Bollinger bandwidth of 19.0% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
55/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 72%
of 93 Energy peers
Value Analyst
bullish
60
/ 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ Price-to-book of 0.7x is a discount to asset value
− ROE of only -2.8% -- cheap may mean cheap for a reason
Growth Analyst
neutral
50
/ 100 · Moderate confidence
Moderate growth -- present but not remarkable
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− Revenue declining -6.9% YoY -- this is not a growth story right now
Technical Analyst
neutral
58
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 19.0% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
62
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 55.2 to 55.1.
- New bearish signals: 1 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- Risk Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
48.0
Neutral
MACD Histogram
0.008
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Hh Hl
Support
$9.18
Resistance
$13.08
Bollinger %B
0.45
Inside Bands
Price vs Moving Averages
EMA 9
$11.32
Below
EMA 21
$11.45
Below
EMA 50
$11.41
Below
EMA 200
$10.18
Above
Fundamental Analysis
Valuation
100
Growth
78
Profitability
0
Financial Health
90
Cash Flow
70
Valuation
P/E Ratio
-49.0×
P/B Ratio
1.39×
PEG Ratio
-0.38
Dividend Yield
3.36%
52W High
$13.39
52W Low
$5.24
Quality & Growth
ROE
-290.9%
ROA
-168.1%
Gross Margin
1419.8%
Operating Margin
-114.3%
Revenue Growth YoY
—
Debt / Equity
0.41
AI Fundamental Assessment
P/E ratio of -49.0 (inexpensive relative to a 15-40x range); Price-to-book of 1.4x; PEG ratio of -0.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -2.9%; Return on assets of -1.7%; Net margin of -1.9%; Gross margin of 14.2%; Current ratio of 1.75 (healthy short-term liquidity); Debt-to-equity of 0.41; Free cash flow per share is positive (0.47); Most recent quarter missed estimates by 14.4%; EPS growth accelerating (-200.0% -> +16.7% QoQ); Analyst estimates rising over recent quarters
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