In the latest analyst update, Barclays' David Anderson has maintained an "Overweight" rating on Cactus (WHD, Financial). Despite keeping the same rating, Anderson has revised the stock's price target downward.
The new price target for Cactus (WHD, Financial) is set at $53.00 USD, a slight decrease from the previous target of $54.00 USD. This adjustment represents a 1.85% reduction in the price target.
The report, dated June 20, 2025, reflects Barclays' ongoing analysis and valuation of Cactus (WHD, Financial). Investors should note that both the previous and current ratings remain at "Overweight," indicating a positive outlook despite the minor downward adjustment in the price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Cactus Inc (WHD, Financial) is $50.33 with a high estimate of $57.00 and a low estimate of $39.00. The average target implies an upside of 10.65% from the current price of $45.49. More detailed estimate data can be found on the Cactus Inc (WHD) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Cactus Inc's (WHD, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cactus Inc (WHD, Financial) in one year is $66.76, suggesting a upside of 46.76% from the current price of $45.49. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cactus Inc (WHD) Summary page.
