ProFrac Holding Corp. (ACDC)
NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-09
$5.48+1.11%
Close 2026-09-09 · 1-day change
NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-09
Intact: The reason to own it still holds.
ProFrac is growing revenue about 16% a year. It aims to keep capital spending between $155M and $185M in 2026. Operating losses have improved from -$54M to -$46M recently. The company uses advanced fracturing tech and focuses on safety.
ProFrac remains unprofitable with operating losses near -$46M. Revenue growth is uneven and the sector faces headwinds. The stock has dropped 42% from its high, reflecting risks. Capital allocation is mixed with recent negative events.
The price is about 48% below our fair value near $9. Analysts expect 16% revenue growth but losses continue. The market prices in a turnaround but also significant risk given recent losses and volatility.
Breaks if: CAPEX exceeds $185M or falls below $155M in FY26
Breaks if: Operating loss does not improve or worsens beyond -$46.4M next year
YoY revenue growth falls below 15.9% next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. ACDC is currently loss-making and has a high risk profile, but the energy sector is experiencing a tailwind that could benefit the company in the long term.
The market seems to have priced in a low expectations gap, indicating that ACDC is viewed as cheap compared to its peers. However, the valuation is fragile due to the turbulent sector conditions and the company's recent earnings misses.
Fundamentals may improve if management successfully increases revenue and maintains capital expenditure guidance. However, there is a high probability of missing earnings in the near term, which poses a risk to the company's performance.
The long-term thesis hinges on whether inflation reaccelerates, which could benefit ACDC, and if sector leaders continue to perform well. Additionally, any negative guidance from ACDC could significantly impact investor sentiment.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Focus on growing total revenue through improved market activity and operational execution.
Over the next 1 to 3 years, ACDC's performance will depend on management execution and external market conditions. Not investment advice.