HAL Price Prediction Next Week
Technical Analysis
Based on recent price action, HAL shows a bearish trend with significant selling pressure. The stock has formed lower lows and lower highs, indicating continued downward momentum.
News Impact
- CFO Eric Carre's recent sale of 141,206 shares at $26.13 signals potential insider concern
- The company faces softer North American markets in 2025
- Q4 2024 results showed revenue decline of 2.2% year-over-year to $5.6 billion
- EPS expected to decline 10.7% year-over-year in 2025
Price Forecast for Next Week Based on technical indicators and recent news sentiment:
Target Prices:
- Resistance: $26.80
- Support: $25.50
- Most Likely Range: $25.70-$26.30
Expected price movement:
- Monday: Opening around $26.10-$26.20
- Mid-week: Likely test of support at $25.70
- End of week: Probable close around $25.90
Trading Recommendation: SELL Rationale:
- Bearish technical setup with declining volume
- Negative insider trading signal
- Weak fundamental outlook for 2025
- Multiple analysts lowering price targets
Optimal entry for short positions: On any bounce toward $26.50 Stop loss: $27.00 Price target: $25.50
HAL Similar Chart Price Prediction
The price of HAL is predicted to go up 0.26%, based on the high correlation periods with OKE. The similarity of these two price pattern on the periods is 96.69%.
HAL
OKE
Up: 0.26%Similarity: 96.69%
HAL Revenue Forecast
HAL EPS Forecast
HAL FAQs
What is bull’s view on HAL?
What is bear's view on HAL?
What is HAL revenue forecast for next quarter？
What is HAL eps forecast for next quarter？
HAL VS S&P500
High demand for next-generation frac spreads will allow Halliburton to maintain premium prices in North America for at least a decade.
Halliburton's diverse product portfolio and geographic exposure will help the firm maximize profitability by leveraging its considerable expertise across end markets.
Halliburton's recent focus on integrated service offerings will enhance profitability and efficiency for both the firm and its customers.
HAL Analyst's Forecast
Kurt Hallead
Benchmark
Strong Buy
2025-01-23
Price Target
$40 → $35
Upside
+25.13%
Benchmark lowered the firm's price target on Halliburton to $35 from $40 and keeps a Buy rating on the shares. Management's 2025 outlook cut puts its guidance mid-points for revenue and EBITDA 1% and 5% below consensus, respectively, the analyst noted.
David Anderson
Barclays
Hold
2025-01-23
Price Target
$32 → $30
Upside
+7.26%
James West
Evercore ISI Group
Buy
2025-01-15
Price Target
$43 → $35
Upside
+21.07%
