Schlumberger Limited (SLB)
NYSE: SLB · Real-Time Price · USD
40.32
+0.56 (1.41%)
At close: Nov 4, 2024, 4:00 PM
40.38
+0.06 (0.15%)
After-hours: Nov 4, 2024, 6:39 PM EST
Schlumberger Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Schlumberger stock have an average target of 61.18, with a low estimate of 49 and a high estimate of 71. The average target predicts an increase of 51.74% from the current stock price of 40.32.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 8 |
| Buy | 8 | 8 | 9 | 9 | 9 | 9 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 19 | 19 | 19 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $60 → $54 | Strong Buy | Maintains | $60 → $54 | +33.93% | Oct 22, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $68 → $65 | Strong Buy | Maintains | $68 → $65 | +61.21% | Oct 21, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $62 → $60 | Strong Buy | Reiterates | $62 → $60 | +48.81% | Oct 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $74 → $62 | Buy | Maintains | $74 → $62 | +53.77% | Oct 21, 2024 |
| Barclays | Barclays | Buy Maintains $63 → $61 | Buy | Maintains | $63 → $61 | +51.29% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
36.63B
from 33.14B
Increased by 10.56%
Revenue Next Year
38.62B
from 36.63B
Increased by 5.42%
EPS This Year
3.44
from 2.91
Increased by 18.09%
EPS Next Year
3.70
from 3.44
Increased by 7.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.6B | 45.6B | 45.9B | ||
| Avg | 36.6B | 38.6B | 40.8B | ||
| Low | 35.4B | 34.9B | 36.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.5% | 24.4% | 18.8% | ||
| Avg | 10.6% | 5.4% | 5.6% | ||
| Low | 6.9% | -4.8% | -4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.87 | 4.65 | 4.89 | ||
| Avg | 3.44 | 3.70 | 4.17 | ||
| Low | 3.26 | 3.36 | 3.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.1% | 35.4% | 32.1% | ||
| Avg | 18.1% | 7.8% | 12.6% | ||
| Low | 12.1% | -2.2% | 1.0% |
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.