RPC Inc. Price Target Lowered to $5 by Stifel

Stifel has lowered RPC, Inc.'s price target to $5 from $6 and maintains a Hold rating. The firm believes oil service stocks have underperformed the S&P 500 in 2025, and shares will be range-bound until earnings estimates stop falling.

Stifel Nicolaus has recently reduced its price target for RPC, Inc. (NYSE:RES) from $6.00 to $5.00, maintaining a Hold rating on the oil and gas company's stock. The firm's decision reflects the underperformance of oil service stocks relative to the S&P 500 in 2025, with analysts expecting shares to remain range-bound until earnings estimates stabilize.

The latest move by Stifel follows a series of price target reductions from other major analysts. Piper Sandler set a $5.00 target price on RPC shares, while Susquehanna decreased their target to $5.50 and Citigroup raised the stock from a "sell" rating to "neutral" with a target of $4.75. These adjustments indicate a broader consensus among analysts regarding the current valuation of RPC.

RPC's stock has seen significant volatility in recent weeks, trading down 1.8% on Wednesday, July 16, 2025, to close at $4.64. The company's 50-day moving average stands at $4.85, and its 200-day moving average is $5.37. Over the past year, the stock has traded between $4.10 and $7.54, with a market capitalization of $1.02 billion.

In its latest earnings report, RPC posted a quarterly earnings per share (EPS) of $0.06, missing analysts' consensus estimates by $0.01. The company's revenue for the quarter was $332.88 million, down 11.9% year-over-year. Despite these results, analysts expect RPC to post 0.31 EPS for the current year.

Hedge funds and institutional investors have also been active in adjusting their stakes in RPC. Charles Schwab Investment Management Inc., Raymond James Financial Inc., Semanteon Capital Management LP, American Century Companies Inc., and Sei Investments Co. have all increased their holdings in the company's stock.

Stifel's decision to lower the price target for RPC reflects the broader challenges faced by oil service stocks in 2025, with analysts expecting shares to remain range-bound until earnings estimates stabilize. Investors should closely monitor RPC's earnings reports and analyst updates for further insights into the company's performance and valuation.

References:
[1] https://www.marketbeat.com/instant-alerts/rpc-nyseres-price-target-cut-to-500-by-analysts-at-stifel-nicolaus-2025-07-16/
[2] https://www.nasdaq.com/articles/rpc-res-passes-through-3-yield-mark
[3] https://ng.investing.com/news/analyst-ratings/stifel-maintains-hold-rating-on-conagra-stock-after-q4-earnings-miss-93CH-2001648