Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
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
Facebook Twitter Pinterest LinkedIn Tumblr Email
ProPetro Holding Corp. (PUMP) Price Target Raised by $1
Share
Facebook Twitter LinkedIn Pinterest Email

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.

Source link

Corp holding price ProPetro pump raised target
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JPMorgan reins in lending to private credit firms, marks down software loans

March 11, 2026

UBS Suggests 2 Energy Stocks to Consider Amid Geopolitical Risk

March 11, 2026

Best money market account rates today, March 10, 2026 (Earn up to 4.01% APY)

March 11, 2026

Brazil farmers face diesel cost jump as Middle East conflict lifts oil prices

March 11, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

JPMorgan reins in lending to private credit firms, marks down software loans

March 11, 2026

Punjab Kings IPL Match Schedule, Fixtures, Time Table, Date, Time and Venue For TATA IPL 2026

March 11, 2026

Top Iranian Security Official Warns Trump: ‘Be Careful Not To Get Eliminated Yourself’

March 11, 2026

Amazon looks to add stricter checks after outages linked to AI coding tools: Report | Technology News

March 11, 2026
Popular Post

‘Flip or Flop’ Alum Christina Haack & Hubby Josh Hall File For Divorce

Motorola Signature review: The ‘luxe’ smartphone that combines conventional and unconventional elements | Technology News

The Best TV Streaming Service 2023: Netflix Vs Amazon Prime & More

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2026 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.