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NYSE: NINE
Nine Energy Service Inc Stock Forecast, Predictions & Price Target

Analyst price target for NINE

Based on 2 analysts offering 12 month price targets for Nine Energy Service Inc.
Min Forecast
$7.00+107.72%
Avg Forecast
$7.00+107.72%
Max Forecast
$7.00+107.72%

Should I buy or sell NINE stock?

Based on 2 analysts offering ratings for Nine Energy Service Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NINE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
EF Hutton
Bottom 3%
3
Strong BuyAssumes$7.00+107.72%2023-05-25
EF Hutton
Bottom 4%
4
Strong BuyMaintains$7.00+107.72%2023-05-10

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Forecast return on equity

Is NINE forecast to generate an efficient return?
Company
-529.58%
Industry
23.5%
Market
14.03%
NINE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NINE forecast to generate an efficient return on assets?
Company
14.08%
Industry
9.77%
NINE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NINE earnings growth forecast

How is NINE forecast to perform vs Oil & Gas Equipment & Services companies and vs the US market?
Company
124%
Industry
15.22%
Market
111.85%
NINE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NINE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NINE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NINE revenue growth forecast

How is NINE forecast to perform vs Oil & Gas Equipment & Services companies and vs the US market?
Company
2.2%
Industry
5.6%
Market
16.73%
NINE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NINE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NINE vs Oil & Gas Equipment & Service Stocks

TickerPricePrice TargetUp/downsideConsensus
NINE$3.37$7.00+107.72%Strong Buy
NGS$10.18$26.00+155.40%Strong Buy
GEOS$8.04N/AN/A
KLXE$9.09$24.00+164.03%Strong Buy
MTRX$5.64N/AN/A

Nine Energy Service Stock Forecast FAQ

Is Nine Energy Service Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: NINE) stock is to Strong Buy NINE stock.

Out of 2 analysts, 2 (100%) are recommending NINE as a Strong Buy, 0 (0%) are recommending NINE as a Buy, 0 (0%) are recommending NINE as a Hold, 0 (0%) are recommending NINE as a Sell, and 0 (0%) are recommending NINE as a Strong Sell.

If you're new to stock investing, here's how to buy Nine Energy Service stock.

What is NINE's forecast return on equity (ROE) for 2023-2024?

(NYSE: NINE) forecast ROE is -529.58%, which is considered weak.

What is NINE's Price Target?

According to 2 Wall Street analysts that have issued a 1 year NINE price target, the average NINE price target is $7.00, with the highest NINE stock price forecast at $7.00 and the lowest NINE stock price forecast at $7.00.

On average, Wall Street analysts predict that Nine Energy Service's share price could reach $7.00 by May 25, 2024. The average Nine Energy Service stock price prediction forecasts a potential upside of 107.72% from the current NINE share price of $3.37.

What is NINE's forecast return on assets (ROA) for 2023-2024?

(NYSE: NINE) forecast ROA is 14.08%, which is higher than the forecast US Oil & Gas Equipment & Services industry average of 9.77%.
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