
Cactus (WHD) Stock Forecast & Price Target
Cactus (WHD) Analyst Ratings
Bulls say
Cactus Inc. reported an operating income margin of 23.2%, exceeding forecasts and demonstrating sequential improvement, while also reflecting its solid market positioning with the industry-leading SafeDrill wellhead product. The company's Spoolable Technologies segment achieved its highest international revenue since acquisition, bolstered by the strategic acquisition of Baker Hughes's SPC business, aiming to enhance its international presence, particularly in the Middle East. Additionally, Cactus Inc. showcased a strong adjusted EBITDA margin of 32.7%, driven by effective cost-cutting initiatives, indicating robust operational efficiency and resilience amid challenges in the North American market.
Bears say
Cactus Inc. has reported significant financial challenges, highlighted by an adjusted EBITDA margin of 29.5%, which fell short of the 34.0% target, and a sequential decline from 34.0%, primarily due to tariffs. The company's adjusted EBITDA of $53.1 million underperformed estimates by 14.9% and decreased both sequentially by 18.0% and year-over-year by 18.7%. Additionally, the overall revenue of $264.0 million, while slightly above projections, represents a 10.0% decline compared to the previous year, indicating underlying weaknesses in demand and operational performance.
This aggregate rating is based on analysts' research of Cactus and is not a guaranteed prediction by Public.com or investment advice.
Cactus (WHD) Analyst Forecast & Price Prediction
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