Schlumberger Limited (SLB)

Schlumberger Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Schlumberger stock have an average target of 68.29, with a low estimate of 53 and a high estimate of 81. The average target predicts an increase of 46.26% from the current stock price of 46.69.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$53	$68.29	$69	$81
Change	+13.51%	+46.26%	+47.78%	+73.48%

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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	7	5	5	9	9	9
Buy	8	8	8	8	8	8
Hold	0	0	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	13	13	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scott Gruber Citigroup	Citigroup	Strong Buy Maintains $65 → $62	Strong Buy	Maintains	$65 → $62	+32.79%	Jun 28, 2024
Kurt Hallead Benchmark	Benchmark	Strong Buy Reiterates $68	Strong Buy	Reiterates	$68	+45.64%	Jun 25, 2024
Chris Vole Wells Fargo	Wells Fargo	Buy → Hold Downgrades $68 → $53	Buy → Hold	Downgrades	$68 → $53	+13.51%	Apr 29, 2024
Kurt Hallead Benchmark	Benchmark	Strong Buy Reiterates $68	Strong Buy	Reiterates	$68	+45.64%	Apr 22, 2024
Stephen Gengaro Stifel	Stifel	Strong Buy Maintains $64	Strong Buy	Maintains	$64	+37.07%	Apr 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

37.57B

Increased by 13.38%

from 33.14B

Revenue Next Year

42.44B

Increased by 12.96%

from 37.57B

EPS This Year

3.55

Increased by 22.05%

from 2.91

EPS Next Year

4.20

Increased by 18.31%

from 3.55

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	32.92B	23.60B	22.93B	28.09B	33.14B	37.57B	42.44B	44.90B	44.70B	46.80B
Revenue Growth	0.31%	-28.30%	-2.85%	22.51%	17.96%	13.38%	12.96%	5.80%	-0.44%	4.70%
EPS	-7.32	-7.57	1.32	2.39	2.91	3.55	4.20	4.72	4.94	5.32
EPS Growth	-	-	-	81.06%	21.76%	22.05%	18.31%	12.37%	4.60%	7.77%
Forward PE	-	-	-	-	-	13.15	11.11	9.89	9.45	8.77
No. Analysts	-	-	-	-	-	33	31	17	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	39.7B	47.4B	50.4B	46.5B	48.7B
Avg	37.6B	42.4B	44.9B	44.7B	46.8B
Low	35.7B	38.3B	39.3B	43.4B	45.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	19.7%	26.1%	18.9%	3.5%	8.8%
Avg	13.4%	13.0%	5.8%	-0.4%	4.7%
Low	7.8%	2.1%	-7.3%	-3.4%	1.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.85	4.79	5.57	5.13	5.53
Avg	3.55	4.20	4.72	4.94	5.32
Low	3.10	3.05	4.20	4.79	5.16

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	32.4%	34.8%	32.4%	8.7%	12.0%
Avg	22.0%	18.3%	12.4%	4.6%	7.8%
Low	6.4%	-14.2%	0.1%	1.5%	4.6%

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.