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Cactus ( (WHD) ) has provided an update.
On December 30, 2025, in connection with the closing of its joint venture with Baker Hughes known as Cactus International, Cactus, Inc. approved a one-time grant of restricted stock units effective January 1, 2026 for key executives Stephen Tadlock, Jay A. Nutt, and Steven Bender, with awards structured to vest ratably over two- and three-year periods and sized between $300,000 and $500,000. The grants, aimed at retaining these identified key leaders, accompanied the appointment of Tadlock—previously Executive Vice President and head of the Spoolable Technologies segment—as Chief Executive Officer of Cactus International, a move that underscores the company’s focus on leadership continuity and management stability as it integrates and scales the new joint venture within its broader operations.
The most recent analyst rating on (WHD) stock is a Buy with a $53.00 price target. To see the full list of analyst forecasts on Cactus stock, see the WHD Stock Forecast page.
Spark’s Take on WHD Stock
According to Spark, TipRanks’ AI Analyst, WHD is a Outperform.
The score is driven primarily by strong financial fundamentals (profitability and low leverage) and supportive technical momentum (price above key moving averages with positive MACD). The rating is tempered by only moderate valuation support and mixed near-term outlook commentary, including tariff-related headwinds and expected sequential revenue softness in Spoolable Technologies, partially offset by the positive strategic impact of the Surface Pressure Control acquisition.
To see Spark’s full report on WHD stock, click here.
More about Cactus
Cactus, Inc. operates in the energy sector, with business segments that include Spoolable Technologies and the newly formed Cactus International joint venture with Baker Hughes, indicating a focus on specialized oilfield and related technologies and services.
Average Trading Volume: 686,363
Technical Sentiment Signal: Buy
Current Market Cap: $3.76B
Find detailed analytics on WHD stock on TipRanks’ Stock Analysis page.