NINE, US65441V2007

Nine Energy Service stock was last at USD 7.97 below its target

Published on 10/07/2026 at 01:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine Energy Service stock was last at USD 7.97, while two analysts set a USD 13.38 average target. Q3 revenue guidance spans USD 133 million to USD 143 million.

NINE, US65441V2007, Illustration mit AI erstellt.

Nine Energy Service (ISIN US65441V2007) was last at USD 7.97 on NYSE American on October 6, 2026 at 4:00 p.m. ET, with a market capitalization of USD 111.2 million. The average 12-month analyst target is USD 13.38, placing it 67.9 percent above that price.

Consensus target leaves room

According to Investing.com, the consensus is strong buy based on two analysts. The target range runs from USD 12 to USD 14.76, with USD 13.38 as the average.

The gap matters because the stock is closer to its 52-week low of USD 7.32 than its 52-week high of USD 13.23. The October 6 volume was 34,876 shares, pointing to a thin trading session alongside the USD 0.05 daily gain.

Q3 guidance tests operations

The latest operating picture is mixed. In the Q2 2026 earnings transcript, The Globe and Mail reported revenue of USD 141.8 million and adjusted EBITDA of USD 8.6 million for the quarter ended June 30, 2026.

The same transcript gives third-quarter revenue guidance of USD 133 million to USD 143 million. Management linked the pressure to a coiled tubing unit under repair, while adjusted EBITDA was below the original Q2 guidance.

Completion tools offset pressure

Completion tools provided the clearest positive operating comparison in Q2 2026. Revenue reached USD 37.1 million, up 44 percent from the prior quarter, while cementing revenue was USD 55.3 million.

The counterweight was coiled tubing. Revenue declined 2 percent to USD 26.4 million as equipment downtime and lower average day rates compressed profitability, even though the segment worked more days.

Stock stays below yearly high

Nine Energy Service was last at USD 7.97 on October 6, 2026, versus a 52-week range of USD 7.32 to USD 13.23. The market capitalization was USD 111.2 million, leaving the operating update and the USD 133 million to USD 143 million Q3 revenue range as the next key benchmarks.