Cactus (WHD) Stock Overview
Designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
WHD Community Fair Values
Create NarrativeSee what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Cactus, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$72.04 |
| 52 Week High | US$72.69 |
| 52 Week Low | US$33.20 |
| Beta | 1.37 |
| 1 Month Change | 33.93% |
| 3 Month Change | 28.48% |
| 1 Year Change | 82.33% |
| 3 Year Change | 40.21% |
| 5 Year Change | 114.34% |
| Change since IPO | 255.75% |
Recent News & Updates
Seeking Alpha • 16h
Cactus: The Rig Count Is Becoming Less Important
Summary Cactus (WHD) is evolving from a U.S.-centric wellhead supplier to a diversified global production infrastructure platform, reducing reliance on any single oilfield spending category. WHD's Q2 results demonstrated strong operating leverage, with revenue up 15.8% sequentially and robust margin expansion, particularly in FlexSteel and Pressure Control segments. International expansion via the Cactus International acquisition and rapid growth in Spoolable Technologies are driving a more resilient, less cyclical earnings profile. While WHD trades at a premium valuation, its debt-free balance sheet, growing backlog, and diversified earnings mix support continued quality-driven outperformance, albeit with limited margin of safety. Read the full article on Seeking Alpha
Narrative Update • Aug 02
WHD: Energy Security And Offshore Cycle Are Expected To Drive Future Upside
Analysts have nudged the Cactus fair value estimate higher from $72.00 to $74.00, pointing to updated price targets across the Street and support from expectations for steadier energy security trends as well as future offshore and pressure control equipment demand. Analyst Commentary Recent Street research on Cactus highlights a cluster of higher price targets and supportive commentary around themes such as energy security, offshore activity and demand for pressure control equipment.Recent updates
Seeking Alpha • 16h
Cactus: The Rig Count Is Becoming Less Important
Summary Cactus (WHD) is evolving from a U.S.-centric wellhead supplier to a diversified global production infrastructure platform, reducing reliance on any single oilfield spending category. WHD's Q2 results demonstrated strong operating leverage, with revenue up 15.8% sequentially and robust margin expansion, particularly in FlexSteel and Pressure Control segments. International expansion via the Cactus International acquisition and rapid growth in Spoolable Technologies are driving a more resilient, less cyclical earnings profile. While WHD trades at a premium valuation, its debt-free balance sheet, growing backlog, and diversified earnings mix support continued quality-driven outperformance, albeit with limited margin of safety. Read the full article on Seeking AlphaNarrative Update • Aug 02
WHD: Energy Security And Offshore Cycle Are Expected To Drive Future Upside
Analysts have nudged the Cactus fair value estimate higher from $72.00 to $74.00, pointing to updated price targets across the Street and support from expectations for steadier energy security trends as well as future offshore and pressure control equipment demand. Analyst Commentary Recent Street research on Cactus highlights a cluster of higher price targets and supportive commentary around themes such as energy security, offshore activity and demand for pressure control equipment.
Narrative Update • Jul 16
WHD: Energy Security And Offshore Cycles Will Shape Medium Term Earnings Power
Cactus' analyst price target has moved from an implied fair value of $42.00 to $50.00 as analysts point to stronger modeled profit margins, slightly higher revenue growth assumptions, and sector research that highlights energy security and offshore equipment trends expected to remain supportive into the late 2020s. Analyst Commentary Recent Street research on Cactus shows a series of higher price targets clustered in the mid to upper US$60s, with some reaching into the low US$70s.Narrative Update • Jul 02
WHD: Energy Security And Offshore Cycle May Support Higher Future Upside
Analysts have raised their consolidated fair value estimate for Cactus to $72 from $69, citing updated expectations for higher profit margins, modestly stronger revenue growth, and a more constructive multiyear outlook for orders and earnings across pressure control, spoolable technologies, and offshore-oriented equipment demand. Analyst Commentary on Cactus Recent research updates on Cactus point to a generally constructive tone, with several bullish analysts marking up their fair value estimates and pointing to catalysts across pressure control, spoolable technologies, and offshore oriented equipment demand.Analysis Article • Jun 19
Cactus (WHD) Stock Could Be 13.9% Undervalued as Baker Hughes Deal Shapes Fair Value
Recent performance snapshot for Cactus stock Cactus (WHD) has drawn attention after recent price weakness, with the stock down 3.6% over the past day, 6.6% over the past week, and 10% over the past month, yet still up over the past 3 months. See our latest analysis for Cactus. Looking beyond the recent pullback, Cactus has delivered a 16.3% year to date share price return and a 21.6% total shareholder return over the past year. This indicates momentum that has cooled in the short term as...
Narrative Update • Jun 17
WHD: Energy Security And International Synergies Will Drive Forward Repricing Potential
Cactus stock's analyst price targets have moved higher, with recent updates pointing to figures in the mid to high $60s and low $70s as analysts respond to the company’s revised outlook, higher confidence in pressure control and spoolable technologies, and sector wide themes around energy security and activity levels. Analyst Commentary Recent research on Cactus stock points to a tightening range of targets in the high $50s to low $70s, with analysts updating models after the company refreshed its outlook and as sector themes around energy security remain in focus.Narrative Update • Jun 03
WHD: International Synergies And Energy Security Themes Will Shape Forward Repricing Balance
The analyst fair value estimate for Cactus has shifted from $58.22 to $63.22, with analysts pointing to updated expectations for upstream activity, longer term EBITDA forecasts, and a different assumed future P/E multiple as key drivers behind the higher price targets across the Street. Analyst Commentary Recent research updates on Cactus focus on upstream activity trends, EBITDA forecasts several years out, and how these factors feed into valuation frameworks and target prices.Analysis Article • May 15
There May Be Reason For Hope In Cactus' (NYSE:WHD) Disappointing Earnings
Shareholders appeared unconcerned with Cactus, Inc.'s ( NYSE:WHD ) lackluster earnings report last week. Our analysis...Narrative Update • Apr 26
WHD: International Expansion And Margin Execution Will Guide Post Selloff Repricing Prospects
Narrative Update on Cactus The analyst price target for Cactus has been raised by $1.67 to reflect updated fair value assumptions and recent research, with analysts highlighting what they see as solid recent results, a reset of expectations around the International and Surface Pressure Control businesses, and potential margin optimization across U.S. and international markets. Analyst Commentary Recent research on Cactus has centered on the reset in expectations around its International and Surface Pressure Control businesses, along with updated views on margin potential and valuation.Narrative Update • Apr 12
WHD: International Expansion And Margin Optimization Will Shape Post Selloff Repricing Potential
Analysts have lifted the average price target on Cactus to the low $60s, reflecting updated views that see recent post earnings weakness as overdone, supported by expectations for growth in the International and Surface Pressure Control businesses, and continued margin optimization across U.S. and international markets. Analyst Commentary Bullish Takeaways Bullish analysts are lifting price targets into the low US$60s, framing the recent pullback after earnings as creating a more appealing entry point relative to their updated expectations.Narrative Update • Mar 27
WHD: International Expansion And Margin Optimization Will Support Repricing After Earnings Selloff
Narrative Update on Cactus The analyst price target for Cactus has moved from $51.50 to about $56.56, with analysts pointing to a solid Q4 report, views that the recent post earnings selloff was a surprising overreaction, and expectations around international growth and margin optimization as key drivers of their updated views. Analyst Commentary Recent research on Cactus highlights a mix of optimism around growth initiatives and caution around execution risks, especially following the post earnings share reaction.Narrative Update • Mar 13
WHD: International Expansion And Margin Work May Support Higher Future Upside
Analysts have nudged their average price target on Cactus higher into the low $60s, citing a solid Q4 report, what they see as an overdone post earnings selloff, and expectations that the recently acquired international pressure control business and ongoing margin optimization could support the updated fair value estimate of about $69.0 per share. Analyst Commentary Recent research has leaned supportive of Cactus, with several bullish analysts lifting their price targets into the low to mid $60s and initiating coverage with targets above that range.Narrative Update • Feb 27
WHD: International Expansion May Usher In New Era Of Transformative Growth
Analysts have raised their price target on Cactus from $57.00 to about $69.54, citing expectations for a “new era of transformative growth” supported by international expansion of the Surface Pressure Control business and potential margin optimization across U.S. and overseas markets. Analyst Commentary Bullish analysts are framing the recent price target increase on Cactus as part of a broader re-rating story tied to execution on international expansion and profitability.New Narrative • Feb 25
Tariff Reliance And Vietnam Sourcing Expansion Will Pressure Margins And Future Earnings
Catalysts About Cactus Cactus supplies pressure control equipment and spoolable pipe products to energy producers across U.S. land and international markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 13
WHD: Stable Assumptions And Slight P/E Shift Will Sustain Overvaluation
Analysts kept their $51.50 price target for Cactus unchanged, citing steady assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as support for maintaining their outlook. Valuation Changes Fair Value: Steady at $51.50, with no change in the modelled estimate.Narrative Update • Jan 30
WHD: Slightly Higher Multiple And Margins Will Support Fair Value Outlook
Analysts have nudged their price target for Cactus higher from US$48.63 to US$51.50, reflecting updated assumptions around slightly adjusted revenue growth, a modestly different discount rate, a small shift in expected profit margins, and a revised forward P/E multiple. Valuation Changes Fair Value Estimate: Price target moved from US$48.63 to US$51.50, representing a small upward adjustment in the modelled valuation.Narrative Update • Nov 29
WHD: Rising Revenue Expectations And Lower P E Ratio Will Drive Upside
Analysts have raised their price target for Cactus, increasing it slightly from $48.38 to $48.63. This reflects modest expectations of stronger revenue growth, a small uptick in the discount rate, and updated profit and valuation forecasts.Narrative Update • Nov 15
WHD: Profit Margin Recovery And Discount Rate Will Support Higher Share Prices
Analysts have updated their price target for Cactus, maintaining the fair value estimate at $48.38. They have adjusted expectations based on lowered profit margin projections and a higher anticipated future price-to-earnings ratio.Analysis Article • Nov 09
Even With A 28% Surge, Cautious Investors Are Not Rewarding Cactus, Inc.'s (NYSE:WHD) Performance Completely
Cactus, Inc. ( NYSE:WHD ) shareholders would be excited to see that the share price has had a great month, posting a...Narrative Update • Nov 01
WHD: Increased Margins And Slower Revenue Will Shape Market Performance
Analysts have slightly lowered their price target for Cactus to $48.38 from $48.50. They cite updated expectations for slower revenue growth, but a stronger profit margin outlook.Narrative Update • Oct 17
Middle East Expansion And Rising Energy Demand Will Transform Markets
Analysts have slightly lowered their price target for Cactus from $49.63 to $48.50. They cite modest adjustments to revenue growth and discount rate projections, along with improving profit margin expectations.Analysis Article • Aug 21
Cactus (NYSE:WHD) Has Announced That It Will Be Increasing Its Dividend To $0.14
The board of Cactus, Inc. ( NYSE:WHD ) has announced that the dividend on 18th of September will be increased to $0.14...Seeking Alpha • Feb 20
Cactus: Catching A Tailwind From Deregulation
Summary Cactus Inc. has consistently posted strong EPS growth despite fluctuating political climates, demonstrating resilience and industry dominance. President Trump's deregulatory policies favor Cactus, boosting oil and gas production and benefiting the company's growth and profitability. Cactus has impressive financial metrics: 58% EPS growth, 21.4% revenue growth, 19.6% return on equity, and 16.6% net margins. Future growth prospects are strong, with potential surges in oil and gas demand aligning well with Cactus's capacity and market position. Read the full article on Seeking AlphaSeeking Alpha • Oct 06
Cactus Looks To Strengthen Margin Despite The Challenges
Summary WHD maintains a "hold" rating due to steady product innovation, cost minimization, and Middle East expansion, despite challenges in US drilling activity and international shipments. The company benefits from new wellhead systems, spoolable technology, and Flexsteel acquisition, enhancing cost structure and operational efficiency. WHD's strong balance sheet and liquidity support dividend hikes, but geopolitical risks pose potential threats. Read the full article on Seeking Alpha
New Narrative • Aug 30
Next-Generation Wellhead Innovation Sparks Efficiency, Expansion, And Investor Confidence
Introduction of a next-gen wellhead system and expansion into international markets are set to enhance efficiency and broaden revenue sources.Shareholder Returns
| WHD | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 7.2% | 5.8% | 0.09% |
| 1Y | 82.3% | 68.8% | 19.0% |
Return vs Industry: WHD exceeded the US Energy Services industry which returned 68.3% over the past year.
Return vs Market: WHD exceeded the US Market which returned 20.9% over the past year.
Price Volatility
| WHD volatility | |
|---|---|
| WHD Average Weekly Movement | 7.9% |
| Energy Services Industry Average Movement | 7.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: WHD has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WHD's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 1,500 | Scott Bender | www.cactuswhd.com |
Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. The company operates in two segments: Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellheads and pressure control equipment under the Cactus Wellhead brand through its service centers.
Cactus, Inc. Fundamentals Summary
| WHD fundamental statistics | |
|---|---|
| Market cap | US$5.70b |
| Earnings (TTM) | US$81.86m |
| Revenue (TTM) | US$1.36b |
61.4x
P/E Ratio3.7x
P/S RatioIs WHD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WHD income statement (TTM) | |
|---|---|
| Revenue | US$1.36b |
| Cost of Revenue | US$910.05m |
| Gross Profit | US$452.98m |
| Other Expenses | US$371.12m |
| Earnings | US$81.86m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.17 |
| Gross Margin | 33.23% |
| Net Profit Margin | 6.01% |
| Debt/Equity Ratio | 0% |
How did WHD perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield47%
Payout RatioDoes WHD pay a reliable dividends?
See WHD dividend history and benchmarks| Cactus dividend dates | |
|---|---|
| Ex Dividend Date | Aug 31 2026 |
| Dividend Pay Date | Sep 11 2026 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 30 days |
Does WHD pay a reliable dividends?
See WHD dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/11 03:38 |
| End of Day Share Price | 2026/08/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cactus, Inc. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| J. David Anderson | Barclays |
| Saurabh Pant | BofA Global Research |
| Scott Gruber | Citigroup Inc |