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Home»Finance»ProPetro Holding Corp. (PUMP) Price Target Raised by $1
Finance

ProPetro Holding Corp. (PUMP) Price Target Raised by $1

March 6, 2026No Comments2 Mins Read
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ProPetro Holding Corp. (PUMP) Price Target Raised by $1
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ProPetro Holding Corp. (NYSE:PUMP) is among the many vitality shares which are gaining this week.

ProPetro Holding Corp. (PUMP) Price Target Raised by $1
ProPetro Holding Corp. (PUMP) Worth Goal Raised by $1

ProPetro Holding Corp. (NYSE:PUMP) is an oilfield providers firm that engages within the provision of hydraulic fracturing and different complementary providers.

ProPetro Holding Corp. (NYSE:PUMP) acquired a lift on February 25 when Barclays analyst Eddie Kim raised its value goal on the inventory from $11 to $12, whereas sustaining an ‘Equal Weight’ ranking on the shares. The revision comes after the agency up to date the corporate’s mannequin following the This fall report.

ProPetro Holding Corp. (NYSE:PUMP) reported robust outcomes for its This fall 2025 on February 18, with its EPS of $0.01 comfortably beating estimates by $0.13. The corporate’s income of virtually $290 million additionally exceeded expectations by round $3.7 million. ProPetro’s adjusted EBITDA elevated to $51 million, from $35 million within the earlier quarter. In the meantime, internet money supplied by working actions additionally surged by 93% sequentially to $81 million.

ProPetro Holding Corp. (NYSE:PUMP) additionally supplied an encouraging replace for its PROPWR enterprise, which supplies modular onsite energy via small generators and reciprocating engines for oil & gasoline and knowledge heart purchasers. The phase expanded its complete dedicated capability to roughly 240 MW on the finish of This fall, with expectations to proceed to develop that quantity in 2026. The corporate expects the phase to develop to at the very least 750 MW by year-end 2028 and 1 GW or extra by the tip of 2030.

Whereas we acknowledge the potential of PUMP as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back danger. In case you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.

READ NEXT: 12 Finest Crude Oil Shares to Purchase as Tensions Rise and 40 Most In style Shares Amongst Hedge Funds Heading into 2026.

Disclosure: None. Observe Insider Monkey on Google Information.

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