With a market cap ofย $77.2 billion, SLB N.V. (SLB)ย is one of the worldโs largest energy technology and oilfield services companies. The Texas-based company operates through four divisions: Digital & Integration; Reservoir Performance; Well Construction; and Production Systems, offering solutions that span subsurface evaluation, drilling, well construction, and production optimization.
The company is expected to announce its fiscalย Q1 2026ย results on Friday, Apr. 24, before the markets open. Ahead of this event, analysts predict SLB to report anย adjusted EPS of $0.60, down 16.7% from the year-ago quarter'sย $0.72. It has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on another occasion.ย
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For fiscal 2026, analysts forecast SLB to post an adjusted EPS of $2.85, a decrease of 2.7% fromย $2.93 in fiscal 2025. However, the companyโs adjusted EPS is projected to rise 16.8% year over year to $3.33 in fiscal 2027.
SLB stock has risen 18.6%ย over the past 52 weeks, surpassing the S&P 500 Index's ($SPX) nearlyย 16.7% gainย but trailing the Energy Select Sector SPDR Fund's (XLE)ย 25.5% returnย over the same time frame.ย
SLB sharesย rose more than 2% on Mar. 27, driven by a sharp +5% surge in WTI crude oil prices, which lifted sentiment across energy producers and oilfield services companies.
Analysts' consensus view on SLB stockย is highly bullish, with a "Strong Buy" rating. Out of 25 analysts covering the stock, opinions include 18 "Strong Buy," four "Moderate Buy," two "Hold," and one โStrong Sell.โ The average analyst price target for SLB is $56.43, indicating a potential upside of 12.8% from the current price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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