Schlumberger Limited (SLB)
NYSE: SLB · Real-Time Price · USD
37.72
+0.46 (1.22%)
At close: Dec 24, 2024, 1:00 PM
37.81
+0.09 (0.25%)
Pre-market: Dec 26, 2024, 7:28 AM EST
Schlumberger Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Schlumberger stock have an average target of 59, with a low estimate of 46 and a high estimate of 71. The average target predicts an increase of 56.44% from the current stock price of 37.72.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Schlumberger 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 8 | 8 | 8 |
| Buy | 9 | 9 | 9 | 10 | 10 | 8 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 19 | 19 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $60 → $59 | Strong Buy | Maintains | $60 → $59 | +56.44% | Dec 23, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $53 → $50 | Strong Buy | Maintains | $53 → $50 | +32.57% | Dec 19, 2024 |
| Barclays | Barclays | Buy Maintains $61 → $53 | Buy | Maintains | $61 → $53 | +40.53% | Dec 18, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $49 → $46 | Hold | Maintains | $49 → $46 | +21.97% | Dec 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $54 → $53 | Strong Buy | Maintains | $54 → $53 | +40.53% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
36.61B
from 33.14B
Increased by 10.49%
Revenue Next Year
38.58B
from 36.61B
Increased by 5.38%
EPS This Year
3.44
from 2.91
Increased by 18.08%
EPS Next Year
3.68
from 3.44
Increased by 7.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 38.6B | 45.6B | 45.9B | |||
| Avg | 36.6B | 38.6B | 40.7B | |||
| Low | 35.4B | 34.9B | 36.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 16.5% | 24.5% | 18.9% | |||
| Avg | 10.5% | 5.4% | 5.4% | |||
| Low | 6.8% | -4.7% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.87 | 4.65 | 4.89 | |||
| Avg | 3.44 | 3.68 | 4.09 | |||
| Low | 3.26 | 3.24 | 3.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 33.1% | 35.4% | 33.1% | |||
| Avg | 18.1% | 7.0% | 11.3% | |||
| Low | 12.1% | -5.6% | -5.1% |
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.