Precision Drilling stock trades at USD 84.89 before Q3 results

Published on 10/08/2026 at 00:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Precision Drilling delivered CAD 452.8 million in Q2 revenue, up from CAD 406.615 million a year earlier. Six analysts set a CAD 148.00 average target.

PDS, CA74022D4075, Illustration mit AI erstellt.

Precision Drilling (ISIN CA74022D4075) had a market capitalization of USD 1.0 billion on October 7, 2026, while its NYSE stock was up 0.20 percent in intraday trading. The company is heading toward its Q3 2026 results release on October 27, with a conference call scheduled for October 28, 2026, according to StockTitan.

Q3 results set for October 27

Precision Drilling plans to publish its third-quarter 2026 financial results after the market closes on October 27, 2026. The following day's call is scheduled for 11:00 a.m. MT, or 1:00 p.m. ET, giving investors a defined checkpoint for drilling activity, pricing and cash generation.

The timing matters because the company's latest reported quarter combined higher sales with weaker profitability. Simply Wall St said Q2 2026 revenue reached CAD 452.8 million, compared with CAD 406.615 million in Q2 2025. Net income changed from a CAD 16.267 million profit to a CAD 1.195 million loss over the same comparison.

Revenue growth meets a profit test

The revenue increase was 11.36 percent year over year, but the earnings swing makes margin durability the key operating question for the next report. MarketBeat reported Q2 revenue of CAD 452.80 million and a quarterly loss of CAD 0.52 per share.

MarketBeat also described a Moderate Buy consensus from six analysts, split between three buy ratings and three hold ratings. The average one-year price target was CAD 148.00, while CIBC cut its target from CAD 160.00 to CAD 155.00, ATB Cormark reduced CAD 165.00 to CAD 160.00, and TD lowered CAD 124.00 to CAD 116.00 in reports dated July 30, 2026.

NYSE stock trades at USD 84.89

Precision Drilling stock was trading at USD 84.89 on the NYSE on October 7, 2026, at 11:29 a.m. EDT. Its 52-week range was USD 53.42 to USD 103.80, leaving the upcoming results as the next dated test of whether stronger revenue can translate into sustainable earnings.