RNGR

AI Memo

Ranger Energy Services

As of 2026-03-03/Confidence medium/Horizon 3m

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Data freshness

AI Memo

As of 2026-03-03 • Model: RankAlpha Sentiment AI

Decision Panel

Action, confidence, horizon, and decision blockers at a glance.

Action

—

Confidence

medium

Horizon

Key catalyst

Consensus analyst target revisions / rating updates (assumed quarter-end) • 2026-06-30

Expected move: +10%

Biggest risk

Bear case assumes weaker-than-expected shale activity, contract slippage and margin compression, producing low-teens downside.

Invalidation

Break below $13 or thesis failure.

What would change my mind?

Bull case assumes sustained dayrate recovery, higher utilization and successful margin expansion from improved contract mix; shares re-rate toward the top of consensus (high ~$21).

Research note

Recommendation

—

Confidence

medium

As of

2026-03-03

Base target

$17

p=60%

Bull target

$21

p=20%

Bear target

$13

p=20%

Key bullets

Fast scan of bull, bear, and watch items

BullKey bullets

Quarterly operational update / U.S.
rig-activity pickup
Contract backlog expansion and margin recovery

BearKey bullets

Commodity-price driven capex reductions by E&P customers
Contract terminations or deferrals
Volatility in U.S.

WatchKey bullets

Consensus analyst target revisions / rating updates (assumed quarter-end)

Summary

High-level snapshot

Recommendation

Model confidence

medium

Timeframe

Asset

Equity

Trigger

Base case: $17 (p=60%)

Bull/Bear spread: +36% / -16%

Vs latest close: Bull +36% · Base +10% · Bear -16%

Scenario probabilities

Bull Target: $21 (p=20%)Base Target: $17 (p=60%)Bear Target: $13 (p=20%)

Commentary

Market consensus on price targets clusters near the mid-teens with a modest-high outlier at $21, implying a mixed near-term tone and reliance on operational improvement [#SERP-2]. Recent data aggregators show a range of views (low around $10.56 to high $21.00) that underlies both upside if activity recovers and downside if it stalls [#SERP-4][#SERP-6].

As of 2026-03-03 • Updated bi-weekly / post-earningsSource: Internal modelMethodology

Analyst Summary

Thesis highlights from the latest analysis

Bull Case

Bull case assumes sustained dayrate recovery, higher utilization and successful margin expansion from improved contract mix; shares re-rate toward the top of consensus (high ~$21).

Bear Case

Bear case assumes weaker-than-expected shale activity, contract slippage and margin compression, producing low-teens downside.

Drivers

Scannable catalysts and supporting factors

Quarterly operational update / U.S. rig-activity pickup
Contract backlog expansion and margin recovery

Human Analyst Targets

External snippets for comparison only; verify at source.

Unverified externalLast fetched 2026-03-03Source quality: external scrape

External snippets are unverified; treat as directional signals only. Always confirm with the original provider.

Inline RA est

Provider

serper

Median (USD)

$16.93

Range (USD)

$10.56 - $21.00

Count

Query: Ranger Energy Services Inc Class A Common (RNGR) analyst consensus price target high low average

Ranger Energy Services, Inc. (RNGR)
Search result #1
FY25. 0. 50M. 100M. 150M. View More. Analyst Insights: RNGR. View More. Analyst Price Targets. 14.50 Low. 17.50 Average. 17.67 Current. 21.00 High. Analyst ...
Open source
Consensus Ranger Energy Services, Inc. - RNGR
Search result #2
Average target price. 17.50USD. Spread / Average Target. +0.46%. High Price Target. 21.00USD. Spread / Highest target. +20.55%. Low Price Target. 14.50USD.
Extracted: $17.50, $21.00, $14.50Open source
Ranger Energy Services Inc (RNGR) Stock Forecast, Price ...
Search result #3
The average price target is $17.00 with a high forecast of $17.00 and a low forecast of $17.00. The average price target represents a 1.46% change from the last ...
Extracted: $17.00Open source
RNGR - Ranger Energy Services Stock Forecast
Search result #4
The 52-week high for Ranger Energy Services Inc Stock is $17.89 and the 52-week low is $10.56.
Extracted: $17.89, $10.56Open source
Ranger Energy Services, Inc. Class A Target price 2026
Search result #5
A rating was issued by 9 analysts: 7 Analysts recommend Ranger Energy Services, Inc. Class A to buy, 2 to hold and 0 to sell. Analysts don't have a crystal ...
Open source
Ranger Energy (RNGR) Price Targets
Search result #6
The forecasts range from a low of $17.00 to a high of $21.00. The average price target represents an increase of 12.76% from the last closing price of $16.85.
Extracted: $17.00, $21.00, $16.85Open source

Scenarios

Bull Target (Scenario probability)

$21 / p=20% prob

Base Target (Scenario probability)

$17 / p=60% prob

Bear Target (Scenario probability)

$13 / p=20% prob

Price $15 as of 2026-05-29

Nearest Scenario: Base (∆ 10%)

Targets vs latest close: Bull +36% · Base +10% · Bear -16%

Sentiment & Exposure

Sentiment unavailable: insufficient coverage

Events

Other notable items detected

EVENT2026-06-30
Consensus analyst target revisions / rating updates (assumed quarter-end)
Broker/consensus target updates and notes (which historically cluster in quarter windows) may re-rate shares if forward estimates change; assumed window end used for timing [assumption: quarter-end].
Prob 65.00% • Move 8.00% • Priced-in 70.00%

Short-term Catalysts

Next few weeks

Quarterly operational update / U.S. rig-activity pickup
2026-06-01
Improving U.S. onshore rig activity and early backlog signs could drive near-term revenue and utilization upside; market consensus on targets already clustered near current levels [#SERP-2].
Prob 55% • Move 12% • Priced-in 60%

Long-term Catalysts

Months to a year

Contract backlog expansion and margin recovery
2027-03-03
Sustained improvement in dayrates and contract mix could materially lift margins and free cash flow over a multi-quarter horizon; analyst targets show upside potential to the high-$20s/low-$20s in some cases [#SERP-6].
Prob 35% • Move 50% • Priced-in 30%

Risks

Commodity-price driven capex reductions by E&P customers
Contract terminations or deferrals
Volatility in U.S. onshore rig count and dayrates

Peers

Symbol	Summary
HP	Helmerich & Payne — onshore drilling contractor with large, liquid fleet; a direct benchmark for utilization, dayrates and contract-cycle effects that drive RNGR demand.
NBR	Nabors Industries — diversified rig services exposure with sensitivity to U.S. land dayrates and utilization trends; useful for operational comparators and cycle timing.
PDS	Precision Drilling — North American land-focused drilling peer with similar fleet dynamics and cost structure; informs margin recovery and fleet-efficiency upside.

Sources

Internal and external references used in this analysis

Model source: RankAlpha Sentiment AI
Human targets: serper
Targets query: Ranger Energy Services Inc Class A Common (RNGR) analyst consensus price target high low average
Analysis date: 2026-03-03

AI Stock Memo: RNGR - Ranger Energy Services - RankAlpha