Halliburton Company (HAL)
NYSE: HAL · Real-Time Price · USD
31.87
+0.69 (2.21%)
At close: Nov 21, 2024, 4:00 PM
32.19
+0.32 (1.00%)
After-hours: Nov 21, 2024, 5:27 PM EST

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 27.08% from the current stock price of 31.87.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $34 $40.5 $40 $48
Change +6.68% +27.08% +25.51% +50.61%

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 989999
Buy 788777
Hold 000122
Sell 000000
Strong Sell 000000
Total 161617171818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$35$34
Buy Maintains $35$34 +6.68% Nov 18, 2024
Barclays
Barclays
Buy
Maintains
$47$43
Buy Maintains $47$43 +34.92% Nov 8, 2024
Raymond James
Raymond James
Strong Buy
Maintains
$41$37
Strong Buy Maintains $41$37 +16.10% Nov 8, 2024
Susquehanna
Susquehanna
Buy
Maintains
$42$40
Buy Maintains $42$40 +25.51% Nov 8, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$40
Strong Buy Reiterates $40 +25.51% Nov 8, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
22.41B14.45B15.30B20.30B23.02B23.48B24.19B25.32B
Revenue Growth
-6.61%-35.54%5.88%32.70%13.41%2.00%3.01%4.68%
EPS
-1.29-3.341.631.732.923.143.393.70
EPS Growth
---6.13%68.79%7.60%7.95%8.99%
Forward PE
-----10.149.408.62
No. Analysts -----303018
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
7.1%
14.2%
17.6%
Avg
2.0%
3.0%
4.7%
Low
-2.5%
-3.7%
-5.7%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.