PUMP stock falls 2.62 percent as fair value drops
Published on 10/08/2026 at 01:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProPetro Holding Corp. stock was last at USD 9.28 on the NYSE on October 7, 2026 at 4:00 p.m. ET, down 2.62 percent from the prior close. The latest analyst-model update cut fair value from USD 17.23 to USD 16.15, putting the valuation view well above the quoted share price.
Fair value moves lower
Simply Wall St published the revision on October 7, 2026, as its analysis shifted toward ProPetro's contracted PROPWR power platform and tighter completion markets. The change leaves fair value at USD 16.15, or 74.0 percent above the October 7 price of USD 9.28.
The valuation gap is paired with a recent earnings split. According to MarketBeat on October 2, 2026, ProPetro reported Q2 2026 revenue of USD 305.81 million, down 6.3 percent year over year.
Revenue grows sequentially
Finance figures show Q2 2026 revenue increased from USD 270.685 million in Q1 2026 to USD 305.811 million, a sequential gain of 12.97 percent. The company nevertheless posted a net loss attributable to common shareholders of USD 8.113 million, compared with a USD 3.643 million loss in Q1 2026.
The earnings quality remains the central counter-factor. MarketBeat reported that Q2 adjusted earnings per share were negative USD 0.07 against a negative USD 0.01 consensus estimate, while revenue exceeded the USD 304.48 million estimate.
Consensus target stays higher
MarketBeat lists a Moderate Buy consensus based on 13 analysts, with an average price target of USD 15.25, a high target of USD 20.00 and a low target of USD 12.00. At USD 9.28, the average target lies 64.3 percent above the share price, although the negative Q2 earnings result shows why the market is demanding proof of profitable growth.
ProPetro provides hydraulic fracturing, wireline, cementing and power-generation services to oil and gas producers and other industrial customers in Texas and New Mexico, according to ProPetro. Its latest reported quarter combined USD 305.81 million of revenue with a USD 8.113 million net loss, leaving operating execution and the PROPWR expansion as the main figures to watch.
Stock remains below yearly high
ProPetro stock was last at USD 9.28 on the NYSE on October 7, 2026 at 4:00 p.m. ET. Its market capitalization was USD 1.1 billion, the 52-week range was USD 4.87 to USD 18.50, and volume reached 2,849,878 shares.
ProPetro Holding stock facts
- Company: ProPetro Holding Corp.
- ISIN: US74347M1080
- Ticker: PUMP
- Trading venue: NYSE
- Price (as of October 7, 2026, 4:00 p.m. ET): USD 9.28
- Market capitalization: USD 1.1 billion (as of October 7, 2026)
- 52-week range: USD 4.87-18.50 (as of October 7, 2026)
- Sector / Industry: Energy / Oil and Gas Equipment and Services
