Citi Lifts PT on Cactus, Inc. (WHD) to $63 From $55 – Here’s Why
CactusCactus(US:WHD) Yahoo Finance·2026-03-09 07:19

Core Viewpoint - Cactus, Inc. (NYSE:WHD) is recognized as a strong investment opportunity in the oil sector, with analysts highlighting its significant upside potential despite recent stock price fluctuations [1]. Group 1: Analyst Ratings and Price Targets - Citi raised its price target for Cactus, Inc. to $63 from $55 on March 3, maintaining a Buy rating, citing a solid fiscal Q4 report, while noting that the stock's sell-off was due to unmet expectations for its new International Pressure Control business [2]. - Barclays also increased its price target for Cactus, Inc. to $62 from $56 on March 2, reiterating an Overweight rating, and described the post-earnings sell-off as a surprising overreaction, emphasizing the company's significant opportunities in the Middle East [3]. Group 2: Financial Performance - Cactus, Inc. reported fiscal Q4 and full year 2025 results on February 25, with revenue of $261.2 million and operating income of $59.9 million for the quarter. The net income for fiscal Q4 was $48.3 million, with diluted earnings per Class A share at $0.57. Adjusted net income was reported at $52.1 million, with adjusted diluted earnings per share of $0.65 [4]. Group 3: Company Overview - Cactus, Inc. operates in the oil and gas equipment and services industry, focusing on the design, manufacture, sale, and rental of engineered pressure control and spoolable pipe technologies. The company's operations are segmented into Pressure Control and Spoolable Technologies [5].

Citi Lifts PT on Cactus, Inc. (WHD) to $63 From $55 – Here’s Why - Reportify