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Schlumberger (SLB) Stock Forecast & Price Target

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$47.93
-0.66 (-1.36%)
(As of 02:03 PM ET)
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Schlumberger - 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 18 Analyst Ratings

Consensus Price Target

$68.72
43.38% Upside
High Forecast$81.00
Average Forecast$68.72
Low Forecast$53.00
TypeCurrent Forecast
5/21/23 to 5/20/24		1 Month Ago
4/21/23 to 4/20/24		3 Months Ago
2/20/23 to 2/20/24		1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Moderate Buy
Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
16 Buy rating(s)
13 Buy rating(s)
16 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
0 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$68.72$70.31$70.67$64.53
Forecasted Upside43.38% Upside27.48% Upside30.00% Upside24.60% Upside

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.
Skip Chart & View Analyst Rating History

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.
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Schlumberger Stock vs. The Competition

TypeSchlumbergerOils/Energy CompaniesS&P 500
Consensus Rating Score
2.94
2.55
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside42.43% Upside460.06% Upside7.71% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/29/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOverweight ➝ Equal Weight$68.00 ➝ $53.00+7.72%
4/22/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOverweight ➝ Overweight$65.00+30.39%
4/22/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$64.00 ➝ $64.00+28.39%
4/22/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingPositive ➝ Positive$77.00 ➝ $77.00+54.87%
4/22/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$68.00+38.75%
4/22/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$66.00 ➝ $64.00+30.59%
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4/22/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$64.00 ➝ $63.00+26.38%
4/22/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$63.00 ➝ $62.00+24.37%
4/4/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$71.00+29.82%
4/4/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$74.00 ➝ $70.00+27.99%
4/3/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$66.00 ➝ $69.00+25.48%
4/1/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy
10/23/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$68.00 ➝ $72.00+22.59%
10/9/2023Societe Generale
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageBuy$81.00+39.10%
10/2/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost Target$70.00 ➝ $75.00+29.83%
9/21/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$66.00 ➝ $70.00+17.08%
9/11/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$64.00 ➝ $77.00+27.48%
8/17/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$72.00 ➝ $73.00+24.34%
6/7/2023Capital 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 CoverageOverweight$63.00+31.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:19 PM ET.

SLB Frequently Asked Questions

What is Schlumberger's stock forecast and purchase recommendation?

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Schlumberger is $68.72, with a high forecast of $81.00 and a low forecast of $53.00. The consensus rating for Schlumberger stock is Moderate Buy based on the current 1 hold rating and 17 buy ratings for SLB. Learn more on SLB's analyst rating history.

Do Wall Street analysts like Schlumberger more than its competitors?

Analysts like Schlumberger more than other "oils/energy" companies. The consensus rating score for Schlumberger is 2.94 while the average consensus rating score for "oils/energy" companies is 2.55. Learn more on how SLB compares to other companies.

Is Schlumberger being downgraded by Wall Street analysts?

Over the previous 90 days, Schlumberger's stock had 1 downgrade by analysts.

Does Schlumberger's stock price have much upside?

According to analysts, Schlumberger's stock has a predicted upside of 28.82% based on their 12-month stock forecasts.

What analysts cover Schlumberger?

Schlumberger has been rated by research analysts at Bank of America, Barclays, Benchmark, BMO Capital Markets, HSBC, Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.


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This page (NYSE:SLB) was last updated on 5/20/2024 by MarketBeat.com Staff

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