SLB and Suncor Energy Stocks Surge, RSI Signals Overbought Warning
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Source: Benzinga
- SLB Stock Surge: SLB's stock has gained approximately 21% over the past month, closing at $46.97 with an RSI of 76.5, indicating an overbought condition that may affect short-term investment decisions.
- Expansion Plans: SLB is in discussions with U.S. officials and Chevron to expand operations in Venezuela, a strategic move that could further drive its stock price upward.
- Suncor Energy Performance: Suncor Energy's stock has risen about 14% in the past month, closing at $49.65 with an RSI of 78.1, signaling overbought conditions that may attract investor attention.
- Analyst Rating Upgrade: Goldman Sachs analyst Neil Mehta raised Suncor's price target from $46 to $48, reflecting market optimism regarding its future performance.
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: 50.660
Low
43.00
Averages
48.71
High
55.00
Current: 50.660
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.
