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Drilling Tools International ( (DTI) ) has shared an update.
On December 16, 2025, Thomas M. “Roe” Patterson notified the board of Drilling Tools International Corporation that he will end his tenure as a director, with his departure to take effect at the company’s next annual stockholders’ meeting. The company said Patterson’s decision not to seek reelection is voluntary and not due to any disagreement over its operations, policies, or practices, suggesting no immediate governance dispute or strategic rift behind the board change.
The most recent analyst rating on (DTI) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Drilling Tools International stock, see the DTI Stock Forecast page.
Spark’s Take on DTI Stock
According to Spark, TipRanks’ AI Analyst, DTI is a Neutral.
Drilling Tools International’s overall stock score is driven by its financial challenges, including negative net income and cash flow issues. Despite these, the company shows positive technical indicators and strategic growth in the Eastern Hemisphere, as highlighted in the earnings call. However, the negative P/E ratio and lack of dividend yield weigh down the valuation score.
To see Spark’s full report on DTI stock, click here.
More about Drilling Tools International
Average Trading Volume: 89,464
Technical Sentiment Signal: Buy
Current Market Cap: $93.98M
Find detailed analytics on DTI stock on TipRanks’ Stock Analysis page.