Halliburton (HAL) Stock Forecast & Price Target

Q: What analysts cover Halliburton?

Halliburton has been rated by research analysts at Argus , Barclays , BMO Capital Markets , Evercore , Freedom Capital , Morgan Stanley , Piper Sandler , Susquehanna , TD Cowen , UBS Group , Weiss Ratings , and Wolfe Research in the past 90 days.

$33.98 -0.54 (-1.55%)

Closing price 09/17/2026 03:59 PM Eastern

Extended Trading

$33.80 -0.17 (-0.50%)

As of 06:33 AM Eastern

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Halliburton - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 25 Analyst Ratings

Sell
1

Hold
6

Buy
18

Based on 25 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 25 analysts, 1 has given a sell rating, 6 have given a hold rating, and 18 have given a buy rating for HAL.

Consensus Price Target

$43.24
27.26% Upside

According to the 25 analysts' twelve-month price targets for Halliburton, the average price target is $43.24. The highest price target for HAL is $53.00, while the lowest price target for HAL is $26.00. The average price target represents a forecasted upside of 27.26% from the current price of $33.98.

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.

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HAL Analyst Ratings Over Time

Type	Current Forecast 9/18/25 to 9/18/26	1 Month Ago 8/19/25 to 8/19/26	3 Months Ago 6/20/25 to 6/20/26	1 Year Ago 9/18/24 to 9/18/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	18 Buy rating(s)	18 Buy rating(s)	18 Buy rating(s)	12 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$43.24	$43.10	$43.27	$31.06
Forecasted Upside	27.26% Upside	22.97% Upside	23.90% Upside	38.78% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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	Energy Companies	Broader Market
Consensus Rating Score	2.68	2.45	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	27.26% Upside	34.28% Upside	17.76% Upside
News Sentiment Rating	Positive News See Recent HAL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/14/2026	UBS Group 4 of 5 stars	Josh Silverstein 4 of 5 stars	Boost Target	Neutral	$39.00 ➝ $42.00	+17.06%
7/23/2026	Argus 3 of 5 stars	Bill Selesky 4 of 5 stars	Lower Target	Buy	$45.00 ➝ $40.00	+19.09%
7/22/2026	BMO Capital Markets 3 of 5 stars	Phillip Jungwirth Not Rated	Set Target		$37.00	+12.72%
7/22/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$43.00	+28.47%
7/22/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joe Laetsch Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$41.00 ➝ $40.00	+20.70%
7/22/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Anderson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$55.00 ➝ $53.00	+59.93%
7/22/2026	Freedom Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
7/22/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Marc Bianchi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$48.00 ➝ $47.00	+42.66%
7/14/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Derek Podhaizer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$40.00 ➝ $43.00	+22.08%
7/8/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C)
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.
7/8/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Outperform ➝ Peer Perform
7/8/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Charles Minervino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Positive	$45.00 ➝ $42.00	+24.21%
6/3/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Scott Gruber Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$47.00 ➝ $52.00	+29.53%
5/20/2026	Capital One Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Overweight	$41.00 ➝ $50.00	+14.94%
5/15/2026	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$40.00 ➝ $49.00	+18.28%
4/26/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy	$47.00	+16.76%
4/22/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$40.00 ➝ $46.00	+17.02%
4/22/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Arun Jayaram Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$40.00 ➝ $42.00	+6.85%
4/22/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Keith Mackey Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$43.00 ➝ $44.00	+11.94%
4/22/2026	Zephirin Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Sell	$30.00 ➝ $31.00	-21.14%
4/22/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Stephen Gengaro Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$36.00 ➝ $43.00	+12.56%
4/22/2026	Griffin Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$47.00	+23.03%
3/4/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Neil Mehta Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$40.00 ➝ $44.00	+28.99%
10/23/2025	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
10/14/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$24.00 ➝ $26.00	+16.84%
7/23/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Roger Read Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$28.00 ➝ $26.00	+19.78%
1/23/2025	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kurt Hallead Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$40.00 ➝ $35.00	+22.79%
1/6/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Rollyson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Strong-Buy ➝ Market Perform
9/18/2024	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	R. Department Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$45.00	+54.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:42 AM ET.

Should I Buy Halliburton Stock? HAL 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 Monday, September 14, 2026. Please send any questions or comments about these Halliburton pros and cons to contact@marketbeat.com.

Halliburton
Bull Case

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

Halliburton recently reported second-quarter 2026 earnings that exceeded analyst expectations, posting $0.55 in earnings per share against a consensus estimate of $0.54, while also generating $5.71 billion in revenue, which surpassed the expected $5.50 billion and represented a 3.7% year-over-year increase.
The company maintains a consistent dividend yield of 1.90%, with a recent quarterly payment of $0.17 per share, providing a steady income stream for investors while maintaining a manageable dividend payout ratio of 35.60%.
Wall Street analysts currently hold a "Moderate Buy" consensus rating on the stock, with a consensus price target of $43.10, which suggests significant upside potential from the current stock price of $34.99.
Institutional interest in the company remains strong, as evidenced by the California State Teachers Retirement System acquiring over 80 million shares in the second quarter of 2026, indicating confidence in the company's long-term stability and growth prospects.
Halliburton operates with a low beta of 0.76, meaning the stock tends to be less volatile than the broader market, which can provide a defensive characteristic for portfolios during periods of market uncertainty.

Halliburton
Bear Case

Investors should be bearish about investing in Halliburton for these reasons:

Company insiders have demonstrated a consistent pattern of selling shares, with 14 sales and zero purchases recorded in the past six months, including significant reductions by the CEO and COO, which may signal a lack of internal confidence in the current valuation.
The stock is currently trading at $34.99, which is significantly below its 52-week high of $43.59, reflecting a decline in value that may indicate ongoing market concerns about the company's performance or sector headwinds.
Recent disclosures highlight weaker activity in key Middle Eastern markets such as Kuwait, Iraq, and Qatar due to geopolitical disruptions, which has negatively impacted the Middle East/Asia segment's sequential performance despite strength in other regions.
Several major institutional investors, including Tidal Investments LLC and the National Pension Service, have reduced their holdings in the second quarter of 2026, suggesting that some large stakeholders are taking profits or repositioning their portfolios away from the stock.
The company faces execution risks and regional volatility that may outweigh its longer-term backlog potential, as investors focus on the challenges of maintaining activity levels in politically unstable regions where a significant portion of its business is concentrated.

HAL Forecast - Frequently Asked Questions

According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for Halliburton is $43.24, with a high forecast of $53.00 and a low forecast of $26.00.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last year. There is currently 1 sell rating, 6 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HAL shares.

According to analysts, Halliburton's stock has a predicted upside of 27.26% based on their 12-month stock forecasts.

Over the previous 90 days, Halliburton's stock had 2 upgrades by analysts.

Halliburton has been rated by research analysts at Argus, Barclays, BMO Capital Markets, Evercore, Freedom Capital, Morgan Stanley, Piper Sandler, Susquehanna, TD Cowen, UBS Group, Weiss Ratings, and Wolfe Research in the past 90 days.

Analysts like Halliburton more than other "energy" companies. The consensus rating for Halliburton is Moderate Buy while the average consensus rating for "energy" companies is Hold. Learn more on how HAL compares to other companies.

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Brokerages With Halliburton Recommendations

MarketBeat monitors more than a dozen sources for Halliburton analyst ratings, with the most recent rating issued on 9/14/2026.

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Halliburton (HAL) Stock Forecast & Price Target