ProFrac Holding (ACDC) Price Target Raised to $4

The share price of ProFrac Holding Corp. (NASDAQ:ACDC) surged by 14% between January 16 and January 23, 2026, putting it among the Energy Stocks that Gained the Most This Week.

ProFrac Holding (ACDC) Price Target Raised to $4

ProFrac Holding Corp. (NASDAQ:ACDC) is a technology-focused energy services company operating in the United States.

On January 21, Morgan Stanley raised its price target on ProFrac Holding Corp. (NASDAQ:ACDC) from $3.50 to $4, while maintaining an ‘Underweight’ rating on the shares. As the Q4 earnings season approaches, the firm’s outlook broadly aligns with consensus expectations across its energy services and equipment coverage, both for Q4 results and 2026 EBITDA estimates.

Following the recent gains, the share price of ProFrac Holding Corp. (NASDAQ:ACDC) has surged by 25% since the beginning of 2026.

While we acknowledge the potential of ACDC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACDC and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Best Performing Utility Stocks in 2025 and 11 Best Energy Stocks to Buy for Dividends in 2026.

Disclosure: None.