Should You Buy Weatherford International PLC (WFRD) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Weatherford International PLC (WFRD) is not a strong buy for a beginner investor with a long-term strategy at this moment. While the stock shows bullish technical indicators and hedge funds are increasing their positions, the company's financial performance has significantly declined YoY, and there are no recent positive news catalysts. Additionally, the lack of strong AI Stock Picker or SwingMax signals suggests no immediate trading opportunity. Analysts remain optimistic with Overweight ratings, but the stock's recent rally may already reflect much of the upside potential.
Technical Analysis
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), a positive MACD histogram, and is trading near its resistance level (R1: 91.563). RSI is neutral at 68.646, and the pre-market price is up 1.86%. However, the stock's trend indicates limited upside potential in the short term, with a 40% chance of a 0.63% gain in the next day and a 1.74% gain in the next week.