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KLX Energy Services (KLXE) Stock Forecast & Price Target

$5.36
+0.41 (+8.28%)
(As of 07/15/2024 ET)

KLX Energy Services - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$4.50
-16.04% Downside
High Forecast$4.50
Average Forecast$4.50
Low Forecast$4.50
TypeCurrent Forecast
7/16/23 to 7/15/24
1 Month Ago
6/16/23 to 6/15/24
3 Months Ago
4/17/23 to 4/16/24
1 Year Ago
7/16/22 to 7/16/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$4.50$6.50$13.00$24.50
Forecasted Upside-16.04% Downside10.73% Upside37.71% Upside60.60% Upside
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KLXE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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KLXE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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KLX Energy Services Stock vs. The Competition

TypeKLX Energy ServicesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.00
2.57
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-16.04% Downside301.41% Upside9.41% Upside
News Sentiment RatingVery Positive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/15/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$6.50 ➝ $4.50-9.09%
3/10/2023EF Hutton Acquisition Co. I
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy$30.00+116.61%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:21 PM ET.

KLXE Forecast - Frequently Asked Questions

What is KLX Energy Services' forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for KLX Energy Services is $4.50, with a high forecast of $4.50 and a low forecast of $4.50.

Should I buy or sell KLX Energy Services stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KLX Energy Services in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" KLXE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLXE, but not buy additional shares or sell existing shares.

Does KLX Energy Services's stock price have much downside?

According to analysts, KLX Energy Services's stock has a predicted downside of -9.09% based on their 12-month stock forecasts.

What analysts cover KLX Energy Services?

KLX Energy Services has been rated by research analysts at Piper Sandler in the past 90 days.

Do Wall Street analysts like KLX Energy Services more than its competitors?

Analysts like KLX Energy Services less than other "oils/energy" companies. The consensus rating for KLX Energy Services is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how KLXE compares to other companies.


This page (NASDAQ:KLXE) was last updated on 7/15/2024 by MarketBeat.com Staff

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