Cactus

WHD

Market cap $3.58B

WHD completes the deal for 65% of Baker Hughes' SPC unit, forming a JV and expanding its global oilfield equipment footprint.

Cactus (WHD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the completion of the acquisition of a majority interest in Baker Hughes Company's Surface Pressure Control business (“SPC” or “the Business”). Formal financial guidance for the Business will be provided later in the first quarter of 2026. Scott Bender, Chairman and CEO of Cactus, commented, “I am excited to welcome the talented SPC team to the Cactus organization. This transaction is transformational.

Cactus (WHD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Cactus, Inc. (WHD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, WHD's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

Cactus (WHD) reported earnings 30 days ago. What's next for the stock?

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Cactus, Inc. ( WHD ) Q3 2025 Earnings Call October 30, 2025 10:00 AM EDT Company Participants Alan Boyd - Director of Corporate Development & Investor Relations Scott Bender - CEO & Chairman of the Board Jay Nutt - CFO, Principal Accounting Officer, Executive VP & Treasurer Stephen Tadlock - Executive VP & CEO of the Spoolable Pipe Segment Joel Bender - President & Director Conference Call Participants John Anderson - Barclays Bank PLC, Research Division Scott Gruber - Citigroup Inc., Research Division Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Donald Crist - Johnson Rice & Company, L.L.C., Research Division Presentation Operator Good day, and thank you for standing by.

While the top- and bottom-line numbers for Cactus (WHD) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cactus, Inc. (WHD) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.79 per share a year ago.