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Mammoth Energy rallies 72% YTD on aircraft rental pivot and strong 2026 growth outlook

Analyst Insights
19 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Mammoth Energy Services (TUSK) has surged 72% year-to-date, driven by a strategic shift to aircraft rentals which now account for 59% of its Q1 2026 revenue. This pivot has nearly doubled total revenue and returned the company to profitability. Management forecasts over 60% revenue growth and positive adjusted EBITDA in 2026, alongside significant reductions in SG&A costs. The stock is recommended as a buy with a $4.00 target, but it carries high risk due to its short operating history, making it suitable for risk-tolerant investors.

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