Barclays Maintains Overweight Rating for WHD, Lowers Price Target to $52.00

Barclays analyst David Anderson maintained an "Overweight" rating for Cactus (WHD) but lowered the price target from $53.00 to $52.00, a 1.89% decrease. The average target price for Cactus Inc (WHD) is $49.33, with a high estimate of $56.00 and a low estimate of $39.00, indicating a 23.80% upside from the current price. The average brokerage recommendation is 2.4, indicating "Outperform" status. The estimated GF Value for Cactus Inc (WHD) in one year is $65.08, suggesting a 63.31% upside from the current price.

Title: Barclays Analyst David Anderson Adjusts Price Target for Cactus (WHD)

Barclays analyst David Anderson recently maintained an "Overweight" rating for Cactus Inc (WHD) while lowering the price target from $53.00 to $52.00, a 1.89% decrease. This adjustment reflects the current market conditions and the company's recent performance.

The average target price for Cactus Inc (WHD) stands at $49.33, with estimates ranging from $56.00 to $39.00, indicating a 23.80% upside from the current price. The average brokerage recommendation is 2.4, classifying it as an "Outperform" status. The estimated GF Value for Cactus Inc (WHD) in one year is $65.08, suggesting a 63.31% upside from the current price.

Analysts have been closely monitoring Cactus Inc's earnings reports and market performance. The company reported quarterly adjusted earnings of 66 cents per share for the quarter ended June 30, which was lower than the same quarter last year. Revenue fell 5.8% to $273.58 million, missing analyst expectations. Despite these figures, the stock has shown resilience, rising by 7.9% this quarter and losing 19.2% so far this year [2].

The latest earnings report has led to a mixed response from analysts. The mean earnings estimate of analysts has risen by about 2.5% in the last three months, with one analyst negatively revising an earnings estimate in the last 30 days. The current average analyst rating on the shares is "buy," with a breakdown of 4 "strong buy" or "buy," 3 "hold," and 1 "sell" or "strong sell" recommendation [2].

The stock's price target has also been adjusted by other major brokerages. Stifel Nicolaus reduced their target price on Cactus from $57.00 to $53.00 and set a "buy" rating on the stock. JPMorgan Chase & Co. decreased their price objective from $52.00 to $50.00, setting a "neutral" rating. These adjustments reflect the market's assessment of the company's performance and future prospects [3].

Institutional investors and hedge funds have been active in their trading of Cactus Inc stock. The State of Tennessee Department of Treasury, O Shaughnessy Asset Management LLC, Central Pacific Bank Trust Division, Wealth Enhancement Advisory Services LLC, and Hancock Whitney Corp have all increased their stakes in the company. These moves indicate confidence in the company's long-term prospects [3].

Despite the recent earnings report and price target adjustments, the stock has shown resilience, with analysts expecting it to rise 4.85% during the next three months. However, the stock holds several negative signals, and a sell candidate evaluation suggests a negative outlook for the near term [1].

In conclusion, while the price target adjustment reflects the current market conditions and performance, the stock's resilience and institutional investor confidence indicate a mixed outlook. Investors should closely monitor the company's earnings reports and market performance to make informed decisions.

References:
1. [1] https://stockinvest.us/stock/WHD
2. [2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TR3N9:0-cactus-inc-reports-results-for-the-quarter-ended-june-30-earnings-summary/
3. [3] https://www.marketbeat.com/instant-alerts/cactus-nysewhd-price-target-lowered-to-5200-at-barclays-2025-08-04/