Put Contract Overview: The $20.50 put contract has a bid of 66 cents, allowing investors to buy HAL stock at that price while collecting a premium, effectively lowering their cost basis to $19.84.
Potential Outcomes for Put Contract: With a 59% chance of expiring worthless, the put could yield a 3.22% return on cash commitment, or 27.33% annualized, known as YieldBoost.
Call Contract Overview: The $21.50 call contract has a bid of 73 cents; if shares are purchased at $21.05 and the call is sold, it could result in a total return of 5.61% if exercised by expiration.
Risk Analysis for Call Contract: There’s a 51% chance the call contract may expire worthless, allowing investors to retain both shares and premium, potentially yielding an additional 3.47% return, or 29.44% annualized, also referred to as YieldBoost.
HAL
$28.41+Infinity%1D
Analyst Views on HAL
Wall Street analysts forecast HAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAL is 29.60 USD with a low forecast of 24.00 USD and a high forecast of 38.00 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.
17 Analyst Rating
Wall Street analysts forecast HAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAL is 29.60 USD with a low forecast of 24.00 USD and a high forecast of 38.00 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.
13 Buy
4 Hold
0 Sell
Strong Buy
Current: 28.620
Low
24.00
Averages
29.60
High
38.00
Current: 28.620
Low
24.00
Averages
29.60
High
38.00
UBS
Neutral
maintain
$34 -> $32
2025-12-12
New
Reason
UBS
Price Target
$34 -> $32
2025-12-12
New
maintain
Neutral
Reason
UBS lowered the firm's price target on Halliburton to $32 from $34 and keeps a Neutral rating on the shares. After three years of limited gains, the Energy sector appears positioned for a stronger 2026, supported by improving oil and natural gas outlooks, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations, the analyst tells investors in a research note. Natural gas E&Ps are favored, though positive momentum is expected broadly across Oil E&Ps and OFS, UBS adds.
Citi
Buy
maintain
$31 -> $33
2025-12-11
New
Reason
Citi
Price Target
$31 -> $33
2025-12-11
New
maintain
Buy
Reason
Citi raised the firm's price target on Halliburton to $33 from $31 and keeps a Buy rating on the shares. The firm adjusted price targets as part of its 2026 outlook for the oil and gas equipment and services group. Citi believes the industry is in the bottom of a two-year downcycle. The lack of negative estimate revisions could drive better share performances in 2026, the analyst tells investors in a research note. Citi elevated SLB to its top large-cap pick, followed by Baker Hughes and Halliburton.
Rothschild & Co Redburn
Buy
initiated
$35
2025-11-03
Reason
Rothschild & Co Redburn
Price Target
$35
2025-11-03
initiated
Buy
Reason
Rothschild & Co Redburn initiated coverage of Halliburton with a Buy rating and $35 price target. The says Halliburton is a leading provider of pressure pumping in North America that is well positioned to benefit from a recovery in the cycle. Rothschild sees limited further estimate downgrades in 2026 and anticipates Halliburton's operating leverage to drive a "meaningful recovery" in EBITDA in 2027.
Barclays
J. David Anderson
Equal Weight
maintain
$20 -> $25
2025-10-23
Reason
Barclays
J. David Anderson
Price Target
$20 -> $25
2025-10-23
maintain
Equal Weight
Reason
Barclays analyst J. David Anderson raised the firm's price target on Halliburton to $25 from $20 and keeps an Equal Weight rating on the shares. The company reported an earnings beat and a raise to 2026 numbers, the analyst tells investors in a research note.
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.
