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
* 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 '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 | 9 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
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 |
---|---|---|---|---|---|---|---|
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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 | 2029 |
---|---|---|---|---|---|---|
High | 16.5% | 24.5% | 18.7% | |||
Avg | 10.5% | 5.6% | 5.5% | |||
Low | 6.9% | -4.7% | -4.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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.