Schlumberger Limited (SLB)
NYSE: SLB · Real-Time Price · USD
42.40
-0.35 (-0.81%)
Dec 5, 2024, 2:50 PM EST - Market open

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 44.31% from the current stock price of 42.40.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $49 $61.18 $60 $71
Change +15.58% +44.31% +41.53% +67.47%
* Price targets were last updated on Oct 22, 2024.

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 '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 999888
Buy 99910109
Hold 111111
Sell 000000
Strong Sell 000000
Total 191919191918

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$60$54
Strong Buy Maintains $60$54 +27.37% Oct 22, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$68$65
Strong Buy Maintains $68$65 +53.32% Oct 21, 2024
Stifel
Stifel
Strong Buy
Reiterates
$62$60
Strong Buy Reiterates $62$60 +41.53% Oct 21, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$74$62
Buy Maintains $74$62 +46.24% Oct 21, 2024
Barclays
Barclays
Buy
Maintains
$63$61
Buy Maintains $63$61 +43.88% Oct 21, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
36.61B
from 33.14B
Increased by 10.49%
Revenue Next Year
38.65B
from 36.61B
Increased by 5.56%
EPS This Year
3.44
from 2.91
Increased by 18.11%
EPS Next Year
3.70
from 3.44
Increased by 7.53%
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
32.92B23.60B22.93B28.09B33.14B36.61B38.65B40.76B
Revenue Growth
0.31%-28.30%-2.85%22.51%17.96%10.49%5.56%5.47%
EPS
-7.32-7.571.322.392.913.443.704.13
EPS Growth
---81.06%21.76%18.11%7.53%11.87%
Forward PE
-----12.3311.4710.25
No. Analysts -----313021
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
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 202420252026202720282029
High
16.5%
24.5%
18.7%
Avg
10.5%
5.6%
5.5%
Low
6.9%
-4.7%
-4.4%

EPS Forecast

EPS 202420252026202720282029
High 3.87 4.65 4.89
Avg 3.44 3.70 4.13
Low 3.26 3.32 3.49

EPS Growth

EPS Growth 202420252026202720282029
High
33.1%
35.3%
32.4%
Avg
18.1%
7.5%
11.9%
Low
12.1%
-3.3%
-5.6%
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.