SLB stock rises amid sector rotation despite earnings concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 02 Jan 26
Source: SeekingAlpha
SLB's stock price increased by 5.00%, crossing above the 5-day SMA, reflecting a positive movement in the face of mixed market conditions.
This rise occurs amid sector rotation, as SLB is projected to report a 19.57% decline in EPS for Q1 2026, which could impact investor confidence. Despite this, the stock has shown resilience, outperforming the S&P 500's decline of 0.14%, indicating market interest in its short-term performance.
The anticipated earnings report may lead to stock price volatility, but the slight revenue growth forecast of 2.74% year-over-year suggests potential for recovery. Investors should monitor upcoming earnings closely to gauge the company's performance amid these challenges.
Analyst Views on SLB
Wall Street analysts forecast SLB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLB is 48.71 USD with a low forecast of 43.00 USD and a high forecast of 55.00 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.
16 Analyst Rating
16 Buy
0 Hold
0 Sell
Strong Buy
Current: 49.320
Low
43.00
Averages
48.71
High
55.00
Current: 49.320
Low
43.00
Averages
48.71
High
55.00
About SLB
SLB N.V. is a global technology company. The Company’s segments include Digital, Reservoir Performance, Well Construction, Production Systems, and All Other. Digital segment includes products, services, and solutions that span the energy value chain from subsurface characterization through field development and hydrocarbon production to carbon management and the integration of adjacent energy systems. Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. Well Construction segment provides operators and drilling rig manufacturers with services and products related to the design and construction of a well. Production Systems segment develops technologies and provides expertise that enhances production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. All Other segment includes asset performance solutions, data center solutions and SLB Capturi.
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.
