Halliburton (HAL) Stock Forecast & Price Target

$29.53

+0.43 (+1.48%)

(As of 04:29 PM ET)

Halliburton - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 19 Analyst Ratings

Based on 19 Wall Street analysts who have issued ratings for Halliburton in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 2 have given a hold rating, 16 have given a buy rating, and 1 has given a strong buy rating for HAL.

Consensus Price Target

$43.17
46.18% Upside

High Forecast	$49.00
Average Forecast	$43.17
Low Forecast	$35.00

According to the 19 analysts' twelve-month price targets for Halliburton, the average price target is $43.17. The highest price target for HAL is $49.00, while the lowest price target for HAL is $35.00. The average price target represents a forecasted upside of 46.18% from the current price of $29.53.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Buy	Buy	Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	16 Buy rating(s)	15 Buy rating(s)	12 Buy rating(s)	14 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$43.17	$45.35	$49.06	$48.21
Forecasted Upside	46.18% Upside	30.68% Upside	28.94% Upside	30.35% Upside

Get Halliburton Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for HAL and its competitors with MarketBeat's FREE daily newsletter.

Protect Your Bank Account with THESE 4 Simple Steps (Ad)

Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.

Learn these 4 simple steps and protect your savings before it’s too late.

HAL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HAL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Halliburton Stock vs. The Competition

Type	Halliburton	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.95	2.58	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	45.93% Upside	194.56% Upside	6.53% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/18/2024	Dbs Bank 0 of 5 stars	R. Department Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$45.00	+54.80%
9/18/2024	UBS Group 4 of 5 stars		Lower Target	Buy ➝ Buy	$41.00 ➝ $37.00	+27.76%
9/16/2024	Morgan Stanley 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$45.00 ➝ $35.00	+24.56%
9/13/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Mackey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$44.00 ➝ $37.00	+32.07%
8/29/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$47.00 ➝ $40.00	+29.24%
7/29/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $47.00	+37.67%
Get the Latest News and Ratings for HAL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Halliburton and its competitors with MarketBeat's FREE daily newsletter.
7/23/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$54.00 ➝ $48.00	+43.76%
7/22/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$41.00 ➝ $40.00	+18.69%
7/22/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. West Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$52.00 ➝ $48.00	+43.03%
7/22/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$42.00 ➝ $42.00	+24.70%
7/22/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$45.00 ➝ $40.00	+18.34%
7/22/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$46.00 ➝ $40.00	+18.24%
7/22/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$49.00 ➝ $46.00	+34.58%
7/22/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$47.00 ➝ $45.00	+30.81%
7/19/2024	Johnson Rice Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Crist Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Buy
7/16/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$47.00 ➝ $46.00	+30.53%
6/28/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $45.00	+33.21%
4/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$50.00 ➝ $49.00	+26.61%
1/24/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Strong-Buy ➝ Strong-Buy	$49.00 ➝ $47.00	+33.11%
12/22/2023	Atb Cap Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Syed Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
7/21/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$57.00 ➝ $50.00	+37.29%
6/7/2023	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Becker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$41.00	+25.96%
1/12/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Outperform	$51.00	+24.42%
10/27/2022	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$49.00	+34.95%
10/26/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$48.00 ➝ $51.00	+39.08%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:12 PM ET.

HAL Forecast - Frequently Asked Questions

What is Halliburton's forecast for 2024?: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Halliburton is $43.17, with a high forecast of $49.00 and a low forecast of $35.00.
Should I buy or sell Halliburton stock right now?: 19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last twelve months. There are currently 2 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HAL shares.
Does Halliburton's stock price have much upside?: According to analysts, Halliburton's stock has a predicted upside of 31.07% based on their 12-month stock forecasts.
Has Halliburton been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, Halliburton's stock had 1 upgrade and 1 downgrade by analysts.
What analysts cover Halliburton?: Halliburton has been rated by research analysts at Bank of America, Barclays, Benchmark, Citigroup, Dbs Bank, Evercore ISI, Jefferies Financial Group, Johnson Rice, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, and UBS Group in the past 90 days.
Do Wall Street analysts like Halliburton more than its competitors?: Analysts like Halliburton more than other "oils/energy" companies. The consensus rating score for Halliburton is 2.95 while the average consensus rating score for "oils/energy" companies is 2.58. Learn more on how HAL compares to other companies.