Analyst Price Target is C$2.25
▲ +10.84% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for AKITA Drilling in the last 3 months. The average price target is C$2.25, with a high forecast of C$2.25 and a low forecast of C$2.25. The average price target represents a 10.84% upside from the last price of C$2.03.
Current Consensus is
Hold
The current consensus among 1 polled investment analysts is to hold stock in AKITA Drilling. This rating has held steady since June 2025, when it changed from a Buy consensus rating.
AKITA is a premier Canadian oil and gas drilling contractor with a fleet of 32 drilling rigs. AKITA provides contract drilling services through two geographical segments: Canada and the United States ("US"). AKITA's US fleet is supported out of its operations base in Midland, Texas and is comprised of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, primarily serving the Permian Basin, which is the most active basin in the US and currently supports approximately half of all US land drilling. With a fleet of 17 rigs, AKITA's Canadian division operates in Alberta, British Columbia and Saskatchewan. AKITA's Canadian division primarily operates in the oil sands, heavy oil regions and the Montney gas basin. In both Canada and the US, AKITA strives to ensure it is well positioned to meet the demanding requirements of global operators while remaining flexible enough to tailor its services to customized operator requests.
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