Halliburton Co's stock price fell by 5.02% during regular trading, crossing below the 20-day SMA, reflecting a challenging market environment. This decline occurs amid broader market weakness, with the Nasdaq-100 down 0.31% and the S&P 500 down 0.47%. The upcoming earnings call scheduled for January 21, 2026, has heightened investor focus on the company's performance, but the current market conditions suggest sector rotation may be influencing the stock's movement.
The stock's decline is attributed to sector rotation, as investors are reacting to the overall market sentiment, which is currently negative. Despite the scheduled earnings call, which typically generates interest, the prevailing market conditions have overshadowed this event, leading to a decrease in stock value. Investors are likely weighing the potential implications of the earnings report against the backdrop of a weakening market.
This situation highlights the importance of market conditions in influencing stock performance. While Halliburton's upcoming earnings call could provide insights into the company's financial health, the current market dynamics suggest that investors are cautious, leading to a decline in stock price.
Wall Street analysts forecast HAL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAL is 32.31 USD with a low forecast of 28.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
Wall Street analysts forecast HAL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAL is 32.31 USD with a low forecast of 28.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Buy
6 Hold
0 Sell
Moderate Buy
Current: 34.260
Low
28.00
Averages
32.31
High
39.00
Current: 34.260
Low
28.00
Averages
32.31
High
39.00
BMO Capital
Market Perform
maintain
$36 -> $39
2026-01-23
Reason
BMO Capital
Price Target
$36 -> $39
AI Analysis
2026-01-23
maintain
Market Perform
Reason
BMO Capital raised the firm's price target on Halliburton to $39 from $36 and keeps a Market Perform rating on the shares after its Q4 earnings beat. The firm is revising its estimates following the company's strong Q4 results and incorporating the management's Q1 and 2026 outlook, the analyst tells investors in a research note. North America activity has likely bottomed, though the firm expects year over-year international growth to resume in 2026, BMO added.
UBS
Neutral
maintain
$32 -> $35
2026-01-23
Reason
UBS
Price Target
$32 -> $35
2026-01-23
maintain
Neutral
Reason
UBS raised the firm's price target on Halliburton to $35 from $32 and keeps a Neutral rating on the shares. Signs of tailwinds are emerging, the analyst tells investors in a research note following the Q4 earnings report.
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Citi
NULL -> Buy
upgrade
$33 -> $38
2026-01-23
Reason
Citi
Price Target
$33 -> $38
2026-01-23
upgrade
NULL -> Buy
Reason
Citi raised the firm's price target on Halliburton to $38 from $33 and keeps a Buy rating on the shares.
Susquehanna
Charles Minervino
Positive
maintain
$36 -> $40
2026-01-22
Reason
Susquehanna
Charles Minervino
Price Target
$36 -> $40
2026-01-22
maintain
Positive
Reason
Susquehanna analyst Charles Minervino raised the firm's price target on Halliburton to $40 from $36 and keeps a Positive rating on the shares. The firm updated its model following Q4 results due to our revised estimates and a slightly increased valuation multiple. The firm said its results were considerably better than expected, with the Completion & Production (C&P) segment being the standout in the quarter.
About HAL
Halliburton Company is a provider of products and services to the energy industry. The Company operates through two segments: Completion and Production and the Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, specialty chemicals, intervention, pressure control, artificial lift, and completion products and services. The segment consists of artificial lift, cementing, completion tools, pipeline and process services, production enhancement, and production solutions. The Drilling and Evaluation segment provides field and reservoir modeling, drilling fluids, evaluation and precise wellbore placement solutions that enable customers to model, measure, drill, and optimize their well construction activities. Its product service lines include Baroid, drill bits and services, Halliburton project management, landmark software and services, Sperry drilling, testing and subsea and wireline and perforating.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
