| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/17/2023 | 52.34% | Morgan Stanley | $18 → $14 | Downgrades | Overweight → Equal-Weight |
| 07/17/2023 | 95.87% | Morgan Stanley | $20 → $18 | Maintains | Overweight |
| 07/12/2023 | 95.87% | Stifel | $22 → $18 | Maintains | Buy |
| 05/15/2023 | 139.39% | Stifel | $31 → $22 | Maintains | Buy |
| 05/15/2023 | 117.63% | Morgan Stanley | $22 → $20 | Maintains | Overweight |
| 05/11/2023 | 63.22% | JP Morgan | $18 → $15 | Downgrades | Overweight → Neutral |
| 04/18/2023 | 139.39% | Morgan Stanley | $30 → $22 | Maintains | Overweight |
| 03/22/2023 | 237.32% | Stifel | $38 → $31 | Maintains | Buy |
| 01/12/2023 | 248.2% | JP Morgan | $30 → $32 | Maintains | Overweight |
| 01/10/2023 | 280.85% | Piper Sandler | $31.5 → $35 | Maintains | Overweight |
| 01/04/2023 | 226.44% | Morgan Stanley | $32 → $30 | Maintains | Overweight |
| 11/14/2022 | 248.2% | Morgan Stanley | $30 → $32 | Maintains | Overweight |
| 11/14/2022 | 313.49% | Stifel | $29 → $38 | Maintains | Buy |
| 11/04/2022 | 226.44% | Morgan Stanley | → $30 | Initiates Coverage On | → Overweight |
What is the target price for ProFrac Holding (ACDC)?
The latest price target for ProFrac Holding (NASDAQ: ACDC) was reported by Morgan Stanley on October 17, 2023. The analyst firm set a price target for $14.00 expecting ACDC to rise to within 12 months (a possible 52.34% upside). 14 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for ProFrac Holding (ACDC)?
The latest analyst rating for ProFrac Holding (NASDAQ: ACDC) was provided by Morgan Stanley, and ProFrac Holding downgraded their equal-weight rating.
When is the next analyst rating going to be posted or updated for ProFrac Holding (ACDC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ProFrac Holding, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ProFrac Holding was filed on October 17, 2023 so you should expect the next rating to be made available sometime around October 17, 2024.
Is the Analyst Rating ProFrac Holding (ACDC) correct?
While ratings are subjective and will change, the latest ProFrac Holding (ACDC) rating was a downgraded with a price target of $18.00 to $14.00. The current price ProFrac Holding (ACDC) is trading at is $9.19, which is out of the analyst's predicted range.