Weatherford International plc (WFRD)
NASDAQ: WFRD · IEX Real-Time Price · USD
118.09
+2.99 (2.60%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Weatherford International Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for WFRD stock have an average target of 129.67, with a low estimate of 82 and a high estimate of 180. The average target predicts an increase of 9.81% from the current stock price of 118.09.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Buy | 2 | 2 | 2 | 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 | 7 | 7 | 7 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $134 → $152 | Strong Buy | Maintains | $134 → $152 | +28.72% | Apr 16, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $123 → $135 | Strong Buy | Maintains | $123 → $135 | +14.32% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $138 → $180 | Buy | Maintains | $138 → $180 | +52.43% | Apr 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $115 → $155 | Strong Buy | Maintains | $115 → $155 | +31.26% | Apr 1, 2024 |
| Barclays | Barclays | Buy Initiates $135 | Buy | Initiates | $135 | +14.32% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
5.84B
from 5.14B
Increased by 13.67%
Revenue Next Year
6.31B
from 5.84B
Increased by 8.09%
EPS This Year
7.24
from 5.66
Increased by 27.86%
EPS Next Year
8.75
from 7.24
Increased by 20.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.1B | 6.6B | 6.8B | 6.4B |
| Avg | 5.8B | 6.3B | 6.5B | 6.2B |
| Low | 5.5B | 5.9B | 6.1B | 6.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.2% | 13.3% | 8.1% | -1.8% |
| Avg | 13.7% | 8.1% | 3.2% | -4.6% |
| Low | 8.1% | 0.3% | -3.7% | -8.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.80 | 9.93 | 10.70 | 8.69 |
| Avg | 7.24 | 8.75 | 9.76 | 8.45 |
| Low | 6.35 | 7.61 | 8.89 | 8.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 55.5% | 37.3% | 22.3% | -11.0% |
| Avg | 27.9% | 20.9% | 11.6% | -13.5% |
| Low | 12.2% | 5.2% | 1.6% | -16.9% |
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.