Schlumberger (SLB) Stock Forecast & Price Target

$36.83 -0.08 (-0.22%)

(As of 12/20/2024 05:45 PM ET)

Schlumberger - Analysts' Recommendations and Stock Price Forecast (2025)

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 21 Analyst Ratings

Sell
0

Hold
4

Buy
17

Based on 21 Wall Street analysts who have issued ratings for Schlumberger in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 4 have given a hold rating, 16 have given a buy rating, and 1 has given a strong buy rating for SLB.

Consensus Price Target

$58.85
59.80% Upside

According to the 21 analysts' twelve-month price targets for Schlumberger, the average price target is $58.85. The highest price target for SLB is $71.00, while the lowest price target for SLB is $46.00. The average price target represents a forecasted upside of 59.80% from the current price of $36.83.

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SLB Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	17 Buy rating(s)	18 Buy rating(s)	14 Buy rating(s)
Hold	4 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$58.85	$60.97	$66.29	$70.36
Forecasted Upside	59.80% Upside	38.26% Upside	56.31% Upside	32.55% Upside
Consensus Rating	Moderate Buy	Buy	Moderate Buy	Moderate Buy

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SLB 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.

SLB 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.

Schlumberger Stock vs. The Competition

Type	Schlumberger	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.86	2.63	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	59.80% Upside	1,671.89% Upside	14.52% Upside
News Sentiment Rating	Neutral News See Recent SLB 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
12/20/2024	Griffin Securities 2 of 5 stars	K. Simpson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
12/19/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$53.00 ➝ $50.00	+36.02%
12/19/2024	Piper Sandler 2 of 5 stars		Initiated Coverage	Neutral	$47.00	+25.90%
12/18/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$61.00 ➝ $53.00	+36.70%
12/17/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$49.00 ➝ $46.00	+17.65%
12/10/2024	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	Strong-Buy ➝ Hold
Get the Latest News and Ratings for SLB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Schlumberger and its competitors with MarketBeat's FREE daily newsletter.
11/12/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Delaby Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/21/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$74.00 ➝ $62.00	+45.64%
10/21/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$62.00 ➝ $60.00	+40.94%
10/21/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$60.00 ➝ $56.00	+32.54%
10/21/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$68.00 ➝ $65.00	+55.06%
10/14/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$58.00 ➝ $54.00	+21.18%
10/10/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$60.00 ➝ $58.00	+29.38%
10/3/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$69.00 ➝ $69.00	+55.30%
10/1/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$64.00 ➝ $60.00	+38.82%
9/18/2024	Dbs Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Department Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$64.50	+55.80%
9/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$63.00 ➝ $57.00	+37.61%
9/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$65.00 ➝ $60.00	+49.81%
7/22/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$68.00 ➝ $68.00	+35.97%
4/4/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$71.00	+29.82%
4/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy
10/23/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$68.00 ➝ $72.00	+22.59%
10/9/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$81.00	+39.10%
10/2/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$70.00 ➝ $75.00	+29.83%
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	$63.00	+31.00%
1/12/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:26 AM ET.

Should I Buy Schlumberger Stock? SLB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Schlumberger pros and cons to contact@marketbeat.com.

Schlumberger
Bull Case

Here are some ways that investors could benefit from investing in Schlumberger Limited:

Schlumberger Limited recently reported earnings per share (EPS) of $0.89, exceeding the consensus estimate of $0.88, indicating strong financial performance and effective management.
The company has shown a year-over-year revenue increase of 10.2%, reflecting growth in its operations and demand for its services in the energy sector.
With a current stock price of $41.55, investors may find it an attractive entry point, especially considering the average target price of $60.91 set by analysts, suggesting significant upside potential.
Schlumberger Limited has a solid return on equity of 21.84%, which indicates efficient use of shareholders' equity to generate profits, a positive sign for potential investors.
The company has declared a quarterly dividend of $0.275 per share, translating to an annualized dividend yield of approximately 2.65%, providing a steady income stream for investors.

Schlumberger
Bear Case

Investors should be bearish about investing in Schlumberger Limited for these reasons:

Analysts have recently downgraded price targets for Schlumberger Limited, with some firms reducing their expectations, which may indicate a lack of confidence in short-term performance.
The company reported revenue of $9.16 billion, which fell short of analyst expectations of $9.27 billion, suggesting potential challenges in meeting market demands.
Insider ownership is relatively low at 0.26%, which may raise concerns about alignment between management and shareholder interests.
Schlumberger Limited has a debt-to-equity ratio of 0.52, indicating a moderate level of debt, which could pose risks if market conditions worsen or interest rates rise.
Market volatility, as indicated by a beta of 1.51, suggests that the stock may experience larger price fluctuations compared to the overall market, which could be a risk for conservative investors.

SLB Forecast - Frequently Asked Questions

: According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Schlumberger is $58.85, with a high forecast of $71.00 and a low forecast of $46.00.
: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 4 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SLB shares.
: According to analysts, Schlumberger's stock has a predicted upside of 59.80% based on their 12-month stock forecasts.
: Over the previous 90 days, Schlumberger's stock had 2 upgrades and 2 downgrades by analysts.
: Schlumberger has been rated by research analysts at Atb Cap Markets, Bank of America, Barclays, BMO Capital Markets, Citigroup, Evercore ISI, Griffin Securities, JPMorgan Chase & Co., Piper Sandler, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, TD Cowen, and Wells Fargo & Company in the past 90 days.
: Analysts like Schlumberger more than other "oils/energy" companies. The consensus rating score for Schlumberger is 2.86 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how SLB compares to other companies.

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This page (NYSE:SLB) was last updated on 12/21/2024 by MarketBeat.com Staff

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Schlumberger (SLB) Stock Forecast & Price Target