NYSE:NEX

NexTier Oilfield Solutions (NEX) Price Target & Analyst Ratings

$7.92

+0.38 (+5.04%)

(As of 11:57 AM ET)

Compare

Today's Range: $7.53
▼
$7.92
50-Day Range: $7.30
▼
$8.73
52-Week Range: $6.66
▼
$12.50

Volume: 601,147 shs
Average Volume: 3.98 million shs
Market Capitalization: $1.83 billion

P/E Ratio: 3.44
Dividend Yield: N/A
Price Target: $13.54

NexTier Oilfield Solutions Consensus Rating and Price Target (2023)

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 Analyst Rating

Moderate Buy
Based on 7 Analyst Ratings

Consensus Analyst Price Target

$13.54
70.96% Upside

High Prediction	$19.00
Average Prediction	$13.54
Low Prediction	$8.50

Type	Current 6/1/22 to 6/1/23	1 Month Ago 5/2/22 to 5/2/23	3 Months Ago 3/3/22 to 3/3/23	1 Year Ago 6/1/21 to 6/1/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$13.54	$13.54	$13.59	$12.13
Predicted Upside	70.96% Upside	50.78% Upside	48.02% Upside	30.51% Upside

Get NexTier Oilfield Solutions Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for NEX and its competitors with MarketBeat's FREE daily newsletter.

NEX Analyst Ratings 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.

NEX 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.

NexTier Oilfield Solutions Stock vs. The Competition

Type	NexTier Oilfield Solutions	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.57	2.61	2.49
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	79.69% Upside	146.12% Upside	200.47% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/1/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$14.00 ➝ $13.00	+61.09%
4/18/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$8.50	+1.31%
4/3/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$10.00 ➝ $8.90	+1.48%
2/17/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$12.00 ➝ $12.50	+31.03%
1/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	$13.00 ➝ $12.00	+42.01%
12/9/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Strong-Buy	$19.00	+109.48%
10/28/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$17.00 ➝ $18.00	+86.92%
8/9/2022	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$15.50	+78.37%
6/20/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$11.00	+19.18%
6/16/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$14.00 ➝ $17.00	+68.82%

(Data available from 6/1/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NEX Price Target - Frequently Asked Questions

What is NexTier Oilfield Solutions's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for NexTier Oilfield Solutions stock is Moderate Buy based on the current 1 sell rating, 2 hold ratings, 3 buy ratings and 1 strong buy rating for NEX. The average twelve-month price prediction for NexTier Oilfield Solutions is $13.54 with a high price target of $19.00 and a low price target of $8.50. Learn more on NEX's analyst rating history.
Do Wall Street analysts like NexTier Oilfield Solutions more than its competitors?: Analysts like NexTier Oilfield Solutions less than other Oils/Energy companies. The consensus rating for NexTier Oilfield Solutions is Moderate Buy while the average consensus rating for oils/energy companies is Buy. Learn more on how NEX compares to other companies.
Is NexTier Oilfield Solutions being downgraded by Wall Street analysts?: Over the previous 90 days, NexTier Oilfield Solutions's stock had 1 downgrade by analysts.

Does NexTier Oilfield Solutions's stock price have much upside?: According to analysts, NexTier Oilfield Solutions's stock has a predicted upside of 50.78% based on their 12-month price targets.
What analysts cover NexTier Oilfield Solutions?: NexTier Oilfield Solutions has been rated by Bank of America, Piper Sandler, and Susquehanna in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:NEX) was last updated on 6/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial