--- title: "ProFrac (NASDAQ:ACDC) Rating Increased to Hold at Wall Street Zen" type: "News" locale: "en" url: "https://longbridge.com/en/news/281673578.md" description: "Wall Street Zen upgraded ProFrac (NASDAQ:ACDC) from a \"sell\" to a \"hold\" rating. Other analysts have also rated the stock, with Zacks upgrading it to \"hold\" and Morgan Stanley increasing the target price to $5.00. ProFrac's current price is $6.08, with a consensus rating of \"Reduce\" and a price target of $5.63. The company reported a quarterly loss of ($0.51) per share, missing estimates, but had revenue of $436.50 million. Institutional investors have significantly increased their stakes in ProFrac recently." datetime: "2026-04-04T05:06:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281673578.md) - [en](https://longbridge.com/en/news/281673578.md) - [zh-HK](https://longbridge.com/zh-HK/news/281673578.md) --- # ProFrac (NASDAQ:ACDC) Rating Increased to Hold at Wall Street Zen ProFrac (NASDAQ:ACDC - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Saturday. - 3 Mid-Caps Below $20 That Wall Street Loves ACDC has been the subject of several other research reports. Zacks Research upgraded ProFrac from a "strong sell" rating to a "hold" rating in a report on Wednesday, January 21st. Morgan Stanley increased their target price on ProFrac from $4.00 to $5.00 and gave the company an "underweight" rating in a research report on Tuesday, March 24th. UBS Group reissued a "positive" rating on shares of ProFrac in a report on Thursday, March 12th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of ProFrac in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, ProFrac has a consensus rating of "Reduce" and a consensus price target of $5.63. **Get Our Latest Stock Report on ACDC** ## ProFrac Price Performance ACDC opened at $6.08 on Friday. The firm has a 50-day simple moving average of $5.68 and a two-hundred day simple moving average of $4.64. ProFrac has a 52 week low of $3.08 and a 52 week high of $10.70. The company has a market capitalization of $1.10 billion, a PE ratio of -2.76 and a beta of 1.44. The company has a quick ratio of 0.56, a current ratio of 0.81 and a debt-to-equity ratio of 1.08. ProFrac (NASDAQ:ACDC - Get Free Report) last issued its quarterly earnings data on Friday, March 13th. The company reported ($0.51) earnings per share for the quarter, missing analysts' consensus estimates of ($0.44) by ($0.07). The firm had revenue of $436.50 million for the quarter, compared to analysts' expectations of $402.95 million. ProFrac had a negative net margin of 18.97% and a negative return on equity of 33.18%. Analysts forecast that ProFrac will post -0.5 earnings per share for the current fiscal year. ## Institutional Investors Weigh In On ProFrac Several large investors have recently added to or reduced their stakes in ACDC. EverSource Wealth Advisors LLC lifted its stake in shares of ProFrac by 7,241.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,524 shares of the company's stock valued at $27,000 after purchasing an additional 3,476 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of ProFrac during the 2nd quarter valued at approximately $29,000. BNP Paribas Financial Markets raised its holdings in ProFrac by 389.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,122 shares of the company's stock valued at $48,000 after buying an additional 4,871 shares during the period. Tower Research Capital LLC TRC raised its holdings in ProFrac by 822.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,234 shares of the company's stock valued at $87,000 after buying an additional 10,016 shares during the period. Finally, Price T Rowe Associates Inc. MD bought a new stake in ProFrac in the fourth quarter worth $46,000. 12.75% of the stock is owned by institutional investors. ## About ProFrac (Get Free Report) ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends. ## Further Reading - Five stocks we like better than ProFrac _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in ProFrac Right Now? Before you consider ProFrac, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProFrac wasn't on the list. While ProFrac currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [ACDC.US](https://longbridge.com/en/quote/ACDC.US.md) ## Related News & Research - [ProFrac Holding (ACDC) Is Up 10.6% After Steep Q1 Revenue Drop And Wider Net Loss](https://longbridge.com/en/news/286600886.md) - [Analyst assumes coverage of ProFrac Holding (ACDC) with 'underweight' rating](https://longbridge.com/en/news/270820778.md) - [Sands Hosts Annual Virtual Global Celebration to Highlight Sands Cares Accelerator Nonprofit Members](https://longbridge.com/en/news/286954761.md) - [Fox’s Martha MacCallum presses Trump energy sec on giving people a ‘little bit of relief’ amid skyrocketing gas prices](https://longbridge.com/en/news/286969694.md) - [ProFrac Holding (ACDC) Losses Deepen To US$369 Million TTM Reinforcing Bearish Narratives](https://longbridge.com/en/news/278972841.md)