Halliburton Company (HAL)
NYSE: HAL · Real-Time Price · USD
31.94
+0.07 (0.22%)
Nov 22, 2024, 4:00 PM EST - Market closed
Halliburton Company Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Halliburton Company stock have an average target of 40.5, with a low estimate of 34 and a high estimate of 48. The average target predicts an increase of 26.80% from the current stock price of 31.94.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for HAL stock from 18 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 8 | 9 | 9 | 9 | 9 |
| Buy | 7 | 8 | 8 | 7 | 7 | 7 |
| Hold | 0 | 0 | 0 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 17 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $35 → $34 | Buy | Maintains | $35 → $34 | +6.45% | Nov 18, 2024 |
| Barclays | Barclays | Buy Maintains $47 → $43 | Buy | Maintains | $47 → $43 | +34.63% | Nov 8, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $41 → $37 | Strong Buy | Maintains | $41 → $37 | +15.84% | Nov 8, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $42 → $40 | Buy | Maintains | $42 → $40 | +25.23% | Nov 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +25.23% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
23.48B
from 23.02B
Increased by 2.00%
Revenue Next Year
24.19B
from 23.48B
Increased by 3.01%
EPS This Year
3.14
from 2.92
Increased by 7.60%
EPS Next Year
3.39
from 3.14
Increased by 7.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.7B | 26.8B | 28.4B | ||
| Avg | 23.5B | 24.2B | 25.3B | ||
| Low | 22.5B | 22.6B | 22.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 14.2% | 17.6% | ||
| Avg | 2.0% | 3.0% | 4.7% | ||
| Low | -2.5% | -3.7% | -5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.60 | 4.22 | 4.28 | ||
| Avg | 3.14 | 3.39 | 3.70 | ||
| Low | 2.91 | 2.92 | 2.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.3% | 34.3% | 26.3% | ||
| Avg | 7.6% | 7.9% | 9.0% | ||
| Low | -0.3% | -7.0% | -16.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.