Weatherford International (WFRD) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weatherford International in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WFRD shares.
View WFRD analyst ratings or view top-rated stocks.

7 analysts have issued 1 year target prices for Weatherford International's stock. Their WFRD share price forecasts range from $82.00 to $127.00. On average, they expect the company's stock price to reach $103.43 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
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Weatherford International's stock was trading at $50.92 at the beginning of 2023. Since then, WFRD shares have increased by 82.9% and is now trading at $93.12.
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Weatherford International saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,460,000 shares, an increase of 33.1% from the August 31st total of 2,600,000 shares. Based on an average trading volume of 1,090,000 shares, the short-interest ratio is currently 3.2 days. Approximately 4.9% of the shares of the stock are short sold.
View Weatherford International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our WFRD earnings forecast.

Weatherford International plc (NASDAQ:WFRD) posted its quarterly earnings data on Tuesday, July, 25th. The company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.23 by $0.11. The company earned $1.27 billion during the quarter, compared to analysts' expectations of $1.23 billion. Weatherford International had a net margin of 5.30% and a trailing twelve-month return on equity of 46.47%.

ETFs with the largest weight of Weatherford International (NASDAQ:WFRD) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), iShares U.S. Oil Equipment & Services ETF (IEZ), Invesco Dorsey Wright Energy Momentum ETF (PXI), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Convergence Long/Short Equity ETF (CLSE) and First Trust Mid Cap Growth AlphaDEX Fund (FNY).

Weatherford International trades on the NASDAQ under the ticker symbol "WFRD."

Shares of WFRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WFRD stock can currently be purchased for approximately $93.12.

Weatherford International (NASDAQ:WFRD) has a market capitalization of $6.71 billion and generates $4.33 billion in revenue each year. The company earns $26 million in net income (profit) each year or $3.47 on an earnings per share basis.

The company employs 17,700 workers across the globe.

Weatherford International's mailing address is 2000 ST JAMES PLACE, HOUSTON TX, 77056. The official website for the company is www.weatherford.com. The company can be reached via phone at (713) 836-4000, via email at investor.relations@weatherford.com, or via fax at 713-693-4323.