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Schlumberger (SLB) Stock Forecast & Price Target

Schlumberger logo
$43.63 -0.31 (-0.71%)
(As of 12/2/2024 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

Sell
0
Hold
1
Buy
18

Based on 19 Wall Street analysts who have issued ratings for Schlumberger in the last 12 months, the stock has a consensus rating of "Buy." Out of the 19 analysts, 1 has given a hold rating, 17 have given a buy rating, and 1 has given a strong buy rating for SLB.

Consensus Price Target

$60.97
39.74% Upside
According to the 19 analysts' twelve-month price targets for Schlumberger, the average price target is $60.97. The highest price target for SLB is $71.00, while the lowest price target for SLB is $49.00. The average price target represents a forecasted upside of 39.74% from the current price of $43.63.
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SLB Analyst Ratings Over Time

TypeCurrent Forecast
12/4/23 to 12/3/24
1 Month Ago
11/4/23 to 11/3/24
3 Months Ago
9/5/23 to 9/4/24
1 Year Ago
12/4/22 to 12/4/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
17 Buy rating(s)
17 Buy rating(s)
14 Buy rating(s)
Hold
1 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$60.97$60.97$67.00$70.36
Forecasted Upside39.74% Upside53.35% Upside62.11% Upside35.22% Upside
Consensus Rating
Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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
3.00
2.63
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside39.74% Upside1,429.35% Upside6.71% Upside
News Sentiment Rating
Positive News

See Recent SLB News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/12/2024Sanford C. Bernstein
3 of 5 stars
G. Delaby
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UpgradeStrong-Buy
10/22/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$60.00 ➝ $54.00+28.27%
10/21/2024Evercore ISI
2 of 5 stars
 Lower TargetOutperform ➝ Outperform$74.00 ➝ $62.00+45.64%
10/21/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$62.00 ➝ $60.00+40.94%
10/21/2024Susquehanna
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 Lower TargetPositive ➝ Positive$60.00 ➝ $56.00+32.54%
10/21/2024TD Cowen
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 Lower TargetBuy ➝ Buy$68.00 ➝ $65.00+55.06%
10/16/2024Barclays
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 Lower TargetOverweight ➝ Overweight$67.00 ➝ $63.00+44.56%
10/14/2024Bank of America
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 Lower TargetBuy ➝ Buy$58.00 ➝ $54.00+21.18%
10/10/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$60.00 ➝ $58.00+29.38%
10/3/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$69.00 ➝ $69.00+55.30%
10/1/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$64.00 ➝ $60.00+38.82%
9/25/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$53.00 ➝ $49.00+16.47%
9/18/2024Dbs Bank
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R. Department
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Initiated CoverageBuy$64.50+55.80%
9/18/2024UBS Group
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 Lower TargetBuy ➝ Buy$63.00 ➝ $57.00+37.61%
9/16/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$65.00 ➝ $60.00+49.81%
7/22/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$68.00 ➝ $68.00+35.97%
7/15/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$71.00 ➝ $66.00+42.18%
4/4/2024HSBC
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 Reiterated RatingBuy ➝ Buy$71.00+29.82%
4/1/2024The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy
10/23/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$68.00 ➝ $72.00+22.59%
10/9/2023Societe Generale
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 Initiated CoverageBuy$81.00+39.10%
10/2/2023Jefferies Financial Group
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 Boost Target$70.00 ➝ $75.00+29.83%
6/7/2023Capital One Financial
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D. Becker
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Initiated CoverageOverweight$63.00+31.00%
1/16/2023Griffin Securities
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K. Simpson
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Reiterated RatingBuy
1/12/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:24 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 Monday, November 25, 2024. Please send any questions or comments about these Schlumberger pros and cons to contact@marketbeat.com.

Schlumberger
Bull Case

green Wall Street bull icon

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

  • Schlumberger Limited's stock is currently trading at $43.15, showing a slight increase, which may indicate positive market sentiment and potential for further growth.
  • Institutional investors own 81.99% of Schlumberger Limited's stock, suggesting strong confidence from large financial entities in the company's future performance.
  • Recent insider activity shows that the executive vice president sold shares, which could indicate a strategic move rather than a lack of confidence, as the overall ownership remains substantial.
  • Several hedge funds have recently increased their stakes in Schlumberger Limited, including a notable 393.5% increase by ORG Partners LLC, reflecting growing interest and potential for future gains.
  • Schlumberger Limited has a solid financial position with a current ratio of 1.48, indicating that it has sufficient assets to cover its liabilities, which is a positive sign for investors looking for stability.

Schlumberger
Bear Case

red Wall Street bear icon

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

  • The recent sale of 84,765 shares by Natixis Advisors LLC, representing a 17.7% reduction in their holdings, may raise concerns about the company's short-term outlook.
  • Insider ownership is relatively low at 0.26%, which could suggest a lack of alignment between management and shareholder interests, potentially impacting long-term performance.
  • Schlumberger Limited's stock has a one-year high of $55.69, indicating that it has experienced significant volatility, which may deter risk-averse investors.
  • The company's debt-to-equity ratio is 0.52, which, while manageable, indicates that it does carry some debt, potentially affecting its financial flexibility in challenging market conditions.
  • Recent trading volumes have been below average, which may indicate reduced investor interest or liquidity concerns, potentially impacting the stock's price stability.

SLB Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Schlumberger is $60.97, with a high forecast of $71.00 and a low forecast of $49.00.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There is currently 1 hold rating, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SLB shares.

According to analysts, Schlumberger's stock has a predicted upside of 39.74% based on their 12-month stock forecasts.

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

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


This page (NYSE:SLB) was last updated on 12/3/2024 by MarketBeat.com Staff
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