Based on the recent data and market analysis, here's a concise assessment of SLB stock:
Technical Analysis
The stock is currently trading at $43.74, showing a modest gain of 0.37% in regular market trading . The technical indicators suggest a mixed picture with an RSI of 74.03, indicating overbought conditions that might warrant caution for new entries.
Recent Catalysts Trump's recent energy policy announcements and "Drill, baby, drill" stance have created mixed reactions in the energy sector. While some energy stocks gained, oil futures declined on supply concerns, creating a complex trading environment for service companies like SLB.
Analyst Consensus JP Morgan recently raised their price target from $48 to $50, maintaining an Overweight rating. The consensus among analysts remains bullish, with multiple firms maintaining Buy ratings despite recent market volatility. The average price target suggests significant upside potential from current levels.
Fundamental Outlook SLB's international footprint and digital business growth provide strong fundamentals. The company's Q4 earnings are expected to show resilience with projected EPS of $0.91, representing a 5.8% year-over-year growth.
Recommendation SELL at current levels. While long-term fundamentals remain strong, the overbought technical conditions and near-term market uncertainties suggest taking profits. The stock's recent performance has lagged behind the broader energy sector, and current market conditions indicate potential consolidation ahead.
Based on the provided data and recent market developments, here's the price prediction for SLB stock in 2025:
SLB stock is expected to reach $50 by mid-2025, driven by strong international market growth particularly in the Middle East and offshore sectors, as evidenced by JP Morgan's recent price target upgrade and the company's robust digital segment performance. The stock could potentially test $55-$56 levels by end of 2025 supported by the company's strategic positioning in international markets which now represent over 75% of its revenue base and continued margin expansion. However, if global economic conditions deteriorate or oil prices significantly decline, a bearish scenario could see the stock testing support around $43-$44 levels.
The S1 support level for SLB Stock is $39.15 ,The R1 resistant level for SLB Stock is $43.85.
As of the end of day on 2025-01-24, the price of SLB Stock was $42.25.
The target price for SLB Stock according to analyst rating is 53.92, with the highest price target at 64.50 and the lowest at 38.00. Analysts have a Strong Buy rating on SLB Stock overall.
The market cap of SLB is $59.2B.
Based on the provided data and recent market developments, here's a comprehensive analysis of SLB's valuation:
Valuation Analysis SLB currently shows signs of being fairly valued based on multiple metrics. The forward P/E ratio is trending down from 18.24 in Q1 2024 to 12.34 in Q4 2024, suggesting improving earnings expectations. The EV/EBITDA ratio is also declining from 11.55 to 6.96, indicating the company is becoming more attractively valued relative to its operating performance.
Financial Performance The company demonstrates solid financial health with:
Recent Developments According to recent analyst reports, SLB defied market expectations by maintaining its revenue forecast of $36 billion for 2025, driven by digital growth and diversification. JP Morgan recently raised their price target from $48 to $50, showing confidence in the company's outlook.
Market Sentiment The stock has received strong support from analysts, with multiple firms maintaining buy ratings despite industry headwinds. Barron's notes that SLB's international footprint and project integration capabilities position it well for strong cash flow growth.
Based on these factors, SLB appears fairly valued at current levels, supported by solid fundamentals and positive analyst sentiment, though it trades below its historical valuation multiples.
Schlumberger N.V. is a global technology company. The Company operates through four segments: Digital & Integration, Reservoir Performance, Well Construction and Production Systems. The Digital & Integration combines its solutions and data products with its integrated offering of Asset Performance Solutions (APS). The Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. The Well Construction segment combines the full portfolio of products and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. Well Construction provides operators and drilling rig manufacturers with services and products related to designing and constructing a well. The Production Systems segment develops technologies and provides expertise that enhances production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries.
Based on the provided data and recent analyst reports, here's a concise prediction for SLB's stock price in 2030:
SLB stock is projected to reach $75-80 by 2030, driven by its strong digital transformation initiatives and diversification into new energy solutions. The company's maintained revenue forecast of $36 billion for 2025 and strategic focus on digital growth, particularly in cloud and AI technologies which saw a 35% rise, supports this long-term bullish outlook. JP Morgan's recent analysis highlighting SLB's portfolio diversification and digital innovation capabilities, along with its strong position in international markets (over 75% of business), further reinforces this price target.
SLB has a total of 111000 employees.