Weatherford International plc (WFRD)
NASDAQ: WFRD · IEX Real-Time Price · USD
130.70
+0.68 (0.52%)
At close: Jul 19, 2024, 4:00 PM
133.00
+2.30 (1.76%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Weatherford International Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for WFRD stock have an average target of 152.78, with a low estimate of 113 and a high estimate of 184. The average target predicts an increase of 16.89% from the current stock price of 130.70.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WFRD stock from 9 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $145 → $150 | Strong Buy | Maintains | $145 → $150 | +14.77% | Jul 15, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $155 | Strong Buy | Initiates | $155 | +18.59% | May 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $135 → $145 | Strong Buy | Maintains | $135 → $145 | +10.94% | Apr 29, 2024 |
| Barclays | Barclays | Buy Maintains $135 → $160 | Buy | Maintains | $135 → $160 | +22.42% | Apr 26, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $155 | Strong Buy | Reiterates | $155 | +18.59% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
5.86B
from 5.14B
Increased by 14.20%
Revenue Next Year
6.32B
from 5.86B
Increased by 7.71%
EPS This Year
7.42
from 5.66
Increased by 31.12%
EPS Next Year
9.02
from 7.42
Increased by 21.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.1B | 6.6B | 6.8B | 6.7B | 6.9B |
| Avg | 5.9B | 6.3B | 6.5B | 6.5B | 6.7B |
| Low | 5.6B | 5.9B | 6.1B | 6.3B | 6.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.5% | 12.8% | 7.8% | 4.2% | 5.3% |
| Avg | 14.2% | 7.7% | 2.5% | 1.2% | 2.3% |
| Low | 8.9% | 0.6% | -3.2% | -2.8% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.55 | 10.33 | 11.19 | 10.71 | 10.58 |
| Avg | 7.42 | 9.02 | 10.49 | 10.40 | 10.28 |
| Low | 6.35 | 7.47 | 9.64 | 10.00 | 9.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 51.0% | 39.2% | 24.1% | 2.1% | 1.7% |
| Avg | 31.1% | 21.5% | 16.3% | -0.8% | -1.2% |
| Low | 12.2% | 0.6% | 6.9% | -4.7% | -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.