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ACDC
Benzinga
155 days

JPMorgan Cuts ProFrac's Earnings Forecast On Lower Reinvestment And Industry Attrition

1. JP Morgan rated ACDC as Underweight with a $7 price target. 2. Q4 sales of $454.7 million missed forecasts; net loss increased. 3. Company's active fleet count is at its highest since mid-2024. 4. Profitability expected to improve, but slower than previously anticipated. 5. Analyst revised 2025-26 EBITDA forecasts down significantly.

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FAQ

Why Bearish?

The Underweight rating and missed earnings forecasts indicate reduced investor confidence. Historical examples show missed earnings can lead to declining stock prices, as seen with similar companies in prior years.

How important is it?

The article contains crucial earnings performance details which directly affect ACDC's stock outlook. Analysts' revisions of forecasts typically reflect on stock evaluation metrics.

Why Short Term?

Immediate negative perceptions from earnings results will likely impact stock price quickly. Similar situations previously led to short-term sell-offs in other companies.

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