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.

$35.88 -0.19 (-0.53%)

Closing price 03:58 PM Eastern

Extended Trading

$35.82 -0.06 (-0.16%)

As of 05:34 PM 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

$43.10
20.12% Upside

According to the 25 analysts' twelve-month price targets for Halliburton, the average price target is $43.10. 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 20.12% from the current price of $35.88.

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 9/11/25 to 9/11/26	1 Month Ago 8/12/25 to 8/12/26	3 Months Ago 6/13/25 to 6/13/26	1 Year Ago 9/11/24 to 9/11/25
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	$43.10	$43.10	$43.27	$31.06
Forecasted Upside	20.12% Upside	29.38% Upside	9.49% Upside	39.01% 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	2.43	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	18.54% Upside	30.99% Upside	17.24% Upside
News Sentiment Rating	Very 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

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/27/2026	UBS Group 4 of 5 stars	Josh Silverstein 4 of 5 stars	Lower Target	Neutral	$40.00 ➝ $39.00	+19.08%
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 05:35 PM 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 Thursday, September 10, 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 shares are currently trading at $36.10, which is significantly below the consensus price target of $43.10 set by eighteen analysts who have rated the stock with a Buy rating, suggesting substantial upside potential for investors entering the position now.
The company demonstrated strong financial performance in its most recent quarter, reporting earnings per share of $0.55 which exceeded the consensus estimate of $0.54, while revenue of $5.71 billion also surpassed the expected $5.50 billion, indicating robust operational execution and demand for its oilfield services.
Institutional investors are showing renewed confidence in the stock, with WINTON GROUP Ltd increasing its position by 461.6% and Engineers Gate Manager LP raising its stake by 902.5% during the second quarter, signaling that major funds are accumulating shares ahead of potential growth.
Halliburton offers a stable income stream through its dividend, which has a yield of 1.85% and a payout ratio of 35.60%, providing a cushion for investors while the company maintains a healthy balance sheet with a current ratio of 2.02.
The stock exhibits lower volatility than the broader market with a beta of 0.76, making it a potentially less risky addition to a portfolio compared to higher-beta energy stocks, especially as it has recently hit 52-week highs and continues to trade above its 50-day moving average.

Halliburton
Bear Case

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

There is a notable trend of insider selling, with 14 sales and zero purchases recorded in the past six months, including significant share reductions by the CEO, COO, and CFO, which may signal that company leadership is taking advantage of current valuations to exit their positions.
Recent analyst commentary has highlighted execution risks and regional volatility, with management disclosing weaker activity in key Middle Eastern markets such as Kuwait, Iraq, and Qatar due to geopolitical disruption, which could weigh on future revenue growth despite strength in other regions.
Some analysts have adopted a more cautious stance, with Wolfe Research initiating coverage with a "Peer Perform" rating and favoring other large oilfield-services names, suggesting that Halliburton may not be the top choice in its sector despite its strong fundamentals.
The stock has experienced recent price volatility, including a gap down of 1.78% on July 21, 2026, and a 2.85% drop in the most recent trading session, indicating that the market is sensitive to news and sentiment shifts that can lead to sharp short-term declines.
While the company has a moderate buy consensus, the presence of one Sell rating and six Hold ratings among the 25 analysts covering the stock suggests that there is still significant disagreement about the company's long-term value proposition and risk profile.

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 $43.10, with a high forecast of $53.00 and a low forecast of $26.00.

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

According to analysts, Halliburton's stock has a predicted upside of 20.12% 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 7/27/2026.

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Halliburton (HAL) Stock Forecast & Price Target