Equities Analysts Offer Predictions for DTI Q3 Earnings

Drilling Tools International Corp. (NASDAQ:DTI) – Investment analysts at Sidoti reduced their Q3 2026 earnings per share (EPS) estimates for Drilling Tools International in a research note issued on Thursday, October 15th. Sidoti analyst S. Ferazani now anticipates that the company will post earnings of $0.03 per share for the quarter, down from their prior forecast of $0.06. The consensus estimate for Drilling Tools International’s current full-year earnings is $0.10 per share. Sidoti also issued estimates for Drilling Tools International’s Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.04 EPS, Q1 2027 earnings at $0.03 EPS, Q2 2027 earnings at $0.03 EPS, Q3 2027 earnings at $0.05 EPS and Q4 2027 earnings at $0.05 EPS.

A number of other research analysts also recently issued reports on DTI. Weiss Ratings downgraded shares of Drilling Tools International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, July 28th. Jefferies Financial Group reiterated a “hold” rating and set a $2.80 price target on shares of Drilling Tools International in a research report on Sunday, August 9th. Finally, Zacks Research cut shares of Drilling Tools International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $2.80.

Drilling Tools International Stock Performance

Shares of NASDAQ:DTI opened at $1.67 on Friday. The stock has a market capitalization of $58.92 million, a P/E ratio of -18.55, a P/E/G ratio of 2.01 and a beta of -0.61. Drilling Tools International has a 1-year low of $1.61 and a 1-year high of $4.69. The company has a current ratio of 2.18, a quick ratio of 1.58 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of $2.42 and a two-hundred day moving average price of $2.65.

Drilling Tools International (NASDAQ:DTI) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The firm had revenue of $38.07 million for the quarter, compared to analyst estimates of $38.72 million. Drilling Tools International had a negative net margin of 1.97% and a positive return on equity of 0.58%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Squarepoint Ops LLC bought a new position in shares of Drilling Tools International in the 2nd quarter worth $34,000. Engineers Gate Manager LP increased its holdings in Drilling Tools International by 129.2% in the second quarter. Engineers Gate Manager LP now owns 37,825 shares of the company’s stock valued at $73,000 after purchasing an additional 21,319 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in Drilling Tools International in the first quarter valued at about $80,000. AXQ Capital LP lifted its stake in Drilling Tools International by 93.5% in the second quarter. AXQ Capital LP now owns 48,048 shares of the company’s stock valued at $93,000 after buying an additional 23,213 shares during the period. Finally, Empowered Funds LLC acquired a new position in Drilling Tools International in the second quarter valued at about $103,000. Institutional investors and hedge funds own 2.79% of the company’s stock.

About Drilling Tools International

Drilling Tools International Corp. (NASDAQ: DTI) is an oilfield services company that provides downhole drilling tools and related equipment to exploration and production companies, drilling contractors and other energy-sector customers. The company’s offerings are designed for use in onshore and offshore drilling operations, including applications involving directional drilling, well construction and completion.

Its product portfolio includes drill collars, heavy-weight drill pipe, stabilizers, subs, drilling jars, downhole motors and other specialized drilling tools.