ProFrac (NASDAQ:ACDC) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of ProFrac (NASDAQ:ACDC) from a hold rating to a sell rating in a report released on Saturday morning.

Other research analysts also recently issued research reports about the stock. Zacks Research raised shares of ProFrac from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 21st. Morgan Stanley increased their price target on shares of ProFrac from $5.00 to $6.00 and gave the company an “underweight” rating in a report on Wednesday, April 15th. UBS Group reaffirmed a “positive” rating on shares of ProFrac in a report on Thursday, March 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ProFrac in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $5.83.

ProFrac Stock Up 1.2%

ACDC opened at $6.66 on Friday. The firm has a 50-day simple moving average of $6.26 and a two-hundred day simple moving average of $5.08. ProFrac has a 52 week low of $3.08 and a 52 week high of $10.70. The company has a market capitalization of $1.20 billion, a PE ratio of -2.61 and a beta of 1.51. The company has a quick ratio of 0.56, a current ratio of 0.81 and a debt-to-equity ratio of 1.08.

ProFrac (NASDAQ:ACDC) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.10). ProFrac had a negative net margin of 18.97% and a negative return on equity of 33.18%. The company had revenue of $449.60 million for the quarter, compared to the consensus estimate of $426.39 million. Analysts forecast that ProFrac will post -1.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ACDC. EverSource Wealth Advisors LLC lifted its holdings in shares of ProFrac by 7,241.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,524 shares of the company’s stock valued at $27,000 after acquiring an additional 3,476 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in ProFrac in the 2nd quarter worth about $29,000. Caitong International Asset Management Co. Ltd purchased a new stake in ProFrac in the 3rd quarter worth about $45,000. Price T Rowe Associates Inc. MD purchased a new stake in ProFrac in the 4th quarter worth about $46,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in ProFrac in the 4th quarter worth about $47,000. Institutional investors own 12.75% of the company’s stock.

More ProFrac News

Here are the key news stories impacting ProFrac this week:

• Positive Sentiment: First-quarter revenue came in at about $450 million, topping Wall Street expectations and indicating solid demand for ProFrac’s services. ProFrac Holding Corp. Reports First Quarter 2026 Results
• Positive Sentiment: The company said net loss improved to $81 million from $141 million in the fourth quarter, suggesting some progress on cost control and operations. ProFrac Holding Corp. Reports First Quarter 2026 Results
• Neutral Sentiment: Management’s earnings-call commentary emphasized an efficiency push, which may help margins over time but is not an immediate earnings catalyst. ProFrac Holding Corp. (ACDC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings remained below analyst expectations, with EPS losses wider than expected, reinforcing that profitability remains a challenge. ProFrac Holding Corp. (ACDC) Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Brokerage sentiment remains cautious, with a consensus recommendation of “Reduce,” which could limit enthusiasm for the stock. ProFrac Holding Corp. (NASDAQ:ACDC) Receives Consensus Recommendation of “Reduce” from Brokerages

ProFrac Company Profile

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends.