ProFrac Holding (ACDC) AI Stock Analysis

• Market Cap: $660.18M
• Dividend Yield: N/A
• Average Volume (3M): 1.51M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.75
• Revenue Growth: -4.14%
• EPS Growth: -39.14%
• Country: US
• Employees: 3,077
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.52
• Shares Outstanding: 180,871,190
• 10 Day Avg. Volume: 1,376,700
• 30 Day Avg. Volume: 1,505,996
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 3.92
• Enterprise Value/Revenue: 1.21
• Enterprise Value/Gross Profit: 5.21
• Enterprise Value/Ebitda: 7.52
• 1Y Price Target: $4.75
• Price Target Upside: 9.20% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

• Rating: 53 Neutral
• Price Target: $4.50 ▲(3.45% Upside)

ProFrac Holding's overall stock score is primarily impacted by its financial performance challenges, including profitability and leverage issues. While technical indicators show some positive momentum, the valuation remains unattractive due to negative earnings. The earnings call provided some optimism with technological advancements and strategic partnerships, but these are counterbalanced by declining revenues and operational inefficiencies.

ProFrac Holding Business Overview & Revenue Model

Company Description

ProFrac Holding Corp. (ACDC) is a leading provider of hydraulic fracturing services to the oil and gas industry, primarily operating in North America. The company specializes in pressure pumping services that enhance the extraction of hydrocarbons from underground formations. ProFrac focuses on providing efficient and environmentally responsible solutions through advanced technologies and equipment in various sectors, including unconventional oil and gas plays, while also offering ancillary services to support its core operations.

How the Company Makes Money

ProFrac generates revenue primarily through its hydraulic fracturing services, which include pressure pumping and related services to exploration and production companies in the oil and gas sector. The company's revenue model is significantly driven by the volume of fracturing services provided on a contract basis, often involving long-term agreements with major oil and gas operators. Key revenue streams include service fees from hydraulic fracturing projects, equipment rentals, and the sale of proprietary technology and additives used in the fracturing process. Additionally, strategic partnerships with oil and gas companies enhance ProFrac's market reach and operational efficiency, contributing to stable earnings. The company also benefits from the increasing demand for energy, particularly from unconventional resources, which drives growth in its service offerings.

ProFrac Holding Financial Statement Overview

Summary

ProFrac Holding faces challenges in profitability and leverage, as seen in its income statement and balance sheet. However, the cash flow statement shows some resilience with positive cash flow growth. The company needs to address its operational inefficiencies and high leverage to improve its financial health.

Income Statement

ProFrac Holding's income statement reveals challenges with profitability, as indicated by negative net profit margins and declining revenue growth. The TTM data shows a gross profit margin of 23.31%, but a concerning net profit margin of -13.01%. Revenue has decreased by 3.51% in the TTM period. The EBIT and EBITDA margins are also low, at -4.98% and 3.27% respectively, reflecting operational inefficiencies.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 1.30 in the TTM period, indicating significant leverage. The return on equity is negative at -27.48%, suggesting that the company is not generating sufficient returns on its equity. However, the equity ratio is not available, making it difficult to fully assess the company's financial stability.

Cash Flow

The cash flow statement indicates some positive trends, with a significant free cash flow growth rate of 66.36% in the TTM period. The operating cash flow to net income ratio is 0.49, and the free cash flow to net income ratio is 0.41, suggesting that the company is generating cash flow despite net losses. This provides some cushion against financial instability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.13B	2.19B	2.63B	2.43B	768.35M	547.70M
Gross Profit	497.10M	695.80M	486.40M	719.60M	57.54M	-30.00M
EBITDA	344.10M	384.00M	535.30M	741.90M	135.30M	55.97M
Net Income	-272.40M	-219.90M	-97.70M	91.50M	-148.20M	-118.50M
Balance Sheet
Total Assets	2.83B	2.99B	3.07B	2.93B	664.57M	577.28M
Cash, Cash Equivalents and Short-Term Investments	26.00M	14.80M	25.30M	35.10M	5.38M	2.95M
Total Debt	1.23B	1.27B	1.16B	1.04B	301.57M	275.71M
Total Liabilities	1.81B	1.91B	1.74B	1.58B	516.46M	400.46M
Stockholders Equity	941.60M	1.01B	1.27B	-1.18B	147.07M	176.81M
Cash Flow
Free Cash Flow	128.10M	112.30M	286.50M	59.00M	-43.46M	-2.90M
Operating Cash Flow	313.80M	367.30M	553.50M	415.20M	43.94M	45.10M
Investing Cash Flow	-185.40M	-372.30M	-715.80M	-1.03B	-78.38M	-44.60M
Financing Cash Flow	-126.40M	-5.50M	149.70M	645.90M	36.87M	-15.30M

ProFrac Holding Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.35
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ACDC, the sentiment is Neutral. The current price of 4.35 is above the 20-day moving average (MA) of 4.07, above the 50-day MA of 3.93, and below the 200-day MA of 6.24, indicating a neutral trend. The MACD of 0.15 indicates Negative momentum. The RSI at 75.97 is Negative, neither overbought nor oversold. The STOCH value of 85.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ACDC.

ProFrac Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTI	―	$964.31M	7.84	53.71%	―	0.17%	7307.20%
FTK	―	$509.97M	38.72	15.85%	―	21.72%	98.73%
RES	―	$1.10B	19.33	4.92%	3.20%	-2.74%	-54.52%
CLB	―	$750.14M	23.85	12.31%	0.31%	-1.02%	6.34%
Sector *	―	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
PUMP	―	$1.15B	-7.60	-16.86%	―	-10.91%	-580.59%
ACDC	―	$660.18M	―	-25.45%	―	-4.14%	-39.14%

ProFrac Holding Corporate Events

ProFrac Holding Finalizes Stock Offering Proceeds

On August 14, 2025, ProFrac Holding Corp. completed a public offering of its Class A common stock. Subsequently, on August 25, 2025, underwriters partially exercised their overallotment option, purchasing an additional 1,840,998 shares, resulting in net proceeds of approximately $7.1 million for the company. The transaction was finalized on August 27, 2025.

The most recent analyst rating on (ACDC) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on ProFrac Holding stock, see the ACDC Stock Forecast page.

ProFrac Holding Raises $72.8 Million in Stock Sale

On August 12, 2025, ProFrac Holding Corp. entered into an underwriting agreement with J.P. Morgan Securities LLC and Piper Sandler & Co. to sell 18,750,000 shares of its Class A common stock, with an option for an additional 2,812,500 shares. The sale, which closed on August 14, 2025, raised approximately $72.8 million in net proceeds, enhancing ProFrac’s financial position and potentially impacting its market operations and stakeholder interests.

The most recent analyst rating on (ACDC) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on ProFrac Holding stock, see the ACDC Stock Forecast page.

ProFrac’s Earnings Call: Navigating Challenges with Innovation

ProFrac Holding Corp. Class A recently held its earnings call, revealing a mixed sentiment among its leadership. While the company is optimistic about its technological advancements and strategic partnerships, it faces current market headwinds with declining revenue and EBITDA. Despite these challenges, ProFrac is actively working on cost control and improving operational efficiency to navigate the turbulent market conditions.

ProFrac Holding Corp. Reports Q2 2025 Financial Results

ProFrac Holding Corp. is a technology-focused energy services company specializing in hydraulic fracturing, proppant production, and related services for the oil and natural gas industry in North America.