NINE trades 100.9% below Wall Street's consensus target of $18.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes NINE achieves its forward estimates and maintains a stable P/E multiple of 2.0x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Nine Energy Service, Inc. (NINE) has a Wall Street consensus price target of $18.00, based on estimates from 9 covering analysts. With the stock currently trading at $8.96, this represents a potential upside of +100.9%. The company has a market capitalization of $125M.
Analyst price targets range from a low of $18.00 to a high of $18.00, representing a 0% spread in expectations. The median target of $18.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 2 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 2 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, NINE trades at a trailing P/E of -7.2x and forward P/E of 2.0x. Analysts expect EPS to grow -6.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $3.27, with bear and bull scenarios of $2.06 and $4.31 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 PUMPProPetro Holding Corp. | $1.2B | $9.80 | $16.40 | +67.3% | Buy | — | 30 |
 ACDCProFrac Holding Corp. | $839M | $4.64 | $5.50 | +18.5% | Hold | — | 6 |
 WTTRSelect Water Solutions, Inc. | $2.7B | $19.29 | $22.67 | +17.5% | Buy | 29.4x | 15 |
 KLXEKLX Energy Services Holdings, Inc. | $30M | $1.47 | — | — | — | — | — |
 SLBSlb N.V. | $77.5B | $51.87 | $64.58 | +24.5% | Buy | 20.9x | 66 |
 HALHalliburton Company | $27.6B | $33.01 | $43.11 | +30.6% | Buy | 14.1x | 64 |
 BKRBaker Hughes Company | $57.6B | $58.03 | $74.45 | +28.3% | Buy | 22.0x | 45 |
 NCSMNCS Multistage Holdings, Inc. | $140M | $53.35 | — | — | — | 21.1x | — |
 FETForum Energy Technologies, Inc. | $935M | $82.68 | — | — | Hold | 20.6x | 31 |
 DVNDevon Energy Corporation | $33.6B | $48.04 | $61.93 | +28.9% | Buy | 9.3x | 64 |
Quick answers to the most common questions about buying NINE stock.
The consensus Wall Street price target for NINE is $18, representing 100.9% upside from the current price of $8.96. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
NINE has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $18 implies 100.9% upside from current levels.
With a forward P/E of 1.9649x, NINE trades at a relatively low valuation. The consensus target of $18 implies 100.9% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $18 for NINE, while the most conservative target is $18. The consensus of $18 represents the median expectation. Our quantitative valuation model projects a bull case target of $4 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
NINE is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 5 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month NINE stock forecast based on 9 Wall Street analysts shows a consensus price target of $18, with estimates ranging from $18 (bear case) to $18 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $3, with bear/bull scenarios of $2/$4.
Our quantitative valuation model calculates NINE's fair value at $3 (base case), with a bear case of $2 and bull case of $4. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
NINE trades at a forward P/E ratio of 2.0x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on NINE, with a "Hold" consensus rating and $18 price target (100.9% upside). 2 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
NINE analyst price targets range from $18 to $18, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $18 consensus represents the middle ground. Our model's $2-$4 range provides an independent fundamental perspective.
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