Schlumberger Ltd. (SLB) Stock Forecast & Predictions

Schlumberger Ltd. SLB: $29.01

5599 San Felipe St Fl 17, Houston, Texas, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.slb.com

  • Market Cap$40.57B
  • Change (52 Weeks)84.14%
  • Low (52 Weeks)$13.56
  • Schlumberger Ltd. (SLB) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Schlumberger Ltd. (SLB) stock price is $29.01 and the 52 weeks low is $13.56, which means the Schlumberger Ltd. stock price is up 84.14% in the last 12 months.

    Schlumberger Ltd. (SLB) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that SLB Stock price might rise further, 31.25% indicating that SLB Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall SLB stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Schlumberger Ltd. (SLB) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Schlumberger Ltd. (SLB) is based on 31 Institutional Analyst Ratings where 48.39% are on Strong Buy, 29.03% on Moderate Buy, 22.58% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 31 Institutional Analysts, majority recommended SLB stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Schlumberger Ltd..

    Schlumberger Ltd. (SLB) Stock Price Prediction By Analysts


    HighLowAverage
    $48.30$25.25$36.95
    $36.9527.38% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for SLB set by the institutional analysts is $36.95 where High Estimate is $48.30, Median $37.74 and Low $25.25.

    The average price target for SLB by Institutional Analysts is $36.95, which is 27.38% Upside from the current price. So according to the Institutional Analysts, SLB Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Schlumberger Ltd. (SLB) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    HSBCHoldUpgraded
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyInitiated
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Piper SandlerNeutralMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyUpgraded
    HSBCReduceDowngraded
    ScotiaBankSector OutperformMaintained
    B of A SecuritiesNeutralMaintained
    BMO CapitalOutperformInitiated
    ScotiaBankSector OutperformMaintained
    UBSNeutralMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyUpgraded
    Cowen & Co.OutperformUpgraded
    Morgan StanleyOverweightMaintained
    JP MorganNeutralMaintained
    B of A SecuritiesNeutralMaintained
    Northland Capital MarketsOutperformInitiated
    UBSNeutralMaintained
    HSBCHoldDowngraded
    B of A SecuritiesNeutralReiterated
    Wells FargoEqual-WeightDowngraded
    UBSNeutralMaintained
    BernsteinOutperformUpgraded
    StifelBuyMaintained
    BarclaysOverweightMaintained
    Piper SandlerNeutralDowngraded
    CitigroupNeutralMaintained
    StifelBuyMaintained
    CFRASellDowngraded
    B of A SecuritiesNeutralDowngraded
    UBSNeutralDowngraded
    Cowen & Co.Market PerformDowngraded
    BernsteinUnderperformInitiated
    Wells FargoOverweightMaintained
    StifelBuyMaintained
    CitigroupBuyMaintained
    Tudor PickeringBuyUpgraded
    Deutsche BankBuyInitiated
    Wells FargoOutperformMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightUpgraded
    Wells FargoOutperformMaintained
    Morgan StanleyOverweightUpgraded
    JP MorganNeutralMaintained
    JP MorganNeutralMaintained
    Gabelli & Co.BuyInitiated
    Stifel NicolausBuyUpgraded
    Tudor PickeringHoldDowngraded
    BarclaysEqual-WeightMaintained
    JefferiesHoldDowngraded
    Goldman SachsBuyInitiated
    CitigroupBuyMaintained
    Credit SuisseNeutralDowngraded
    JP MorganNeutralDowngraded
    HSBCBuyUpgraded
    UBSBuyMaintained
    CitigroupBuyMaintained
    JefferiesBuyMaintained
    Morgan StanleyEqual-WeightInitiated
    JP MorganOverweightMaintained
    Stifel NicolausHoldInitiated
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Bank of AmericaBuyUpgraded
    Griffin SecuritiesBuyUpgraded
    Atlantic EquitiesOverweightUpgraded
    Loop CapitalBuyMaintained
    CitigroupBuyMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformDowngraded
    Deutsche BankBuyInitiated
    CitigroupBuyMaintained
    JP MorganOverweightMaintained
    BernsteinOutperformUpgraded
    GuggenheimNeutralDowngraded
    Atlantic EquitiesNeutralDowngraded
    BarclaysEqual-WeightDowngraded
    HSBCHoldInitiated
    BernsteinMarket PerformInitiated
    JefferiesBuyUpgraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Loop CapitalBuyInitiated
    CitigroupBuyMaintained
    NomuraBuyMaintained
    UBSBuyMaintained
    JefferiesHoldMaintained
    Goldman SachsBuyMaintained
    Societe GeneraleBuyUpgraded
    JefferiesHoldMaintained
    Goldman SachsBuyMaintained
    Scotia Howard WeilSector OutperformMaintained
    GuggenheimNeutralUpgraded
    Societe GeneraleHoldDowngraded
    BarclaysOverweightMaintained
    NomuraBuyMaintained
    Morgan StanleyOverweightMaintained
    JefferiesHoldMaintained
    Griffin SecuritiesSellDowngraded
    Cowen & Co.OutperformMaintained
    Standpoint ResearchHoldDowngraded
    BarclaysOverweightUpgraded
    Morgan StanleyOverweightMaintained
    NomuraBuyInitiated
    SusquehannaPositiveMaintained
    CitigroupBuyMaintained
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    SusquehannaPositiveMaintained
    DA DavidsonBuyInitiated
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    OppenheimerOutperformMaintained
    GMP SecuritiesBuyInitiated
    William BlairOutperformUpgraded
    KLR GroupBuyInitiated
    CitigroupBuyMaintained
    OppenheimerOutperformMaintained
    CitigroupBuyMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    FBR CapitalOutperformMaintained
    MacquarieNeutralMaintained
    HSBCBuyMaintained
    CitigroupBuyUpgraded
    SusquehannaPositiveMaintained
    Standpoint ResearchBuyUpgraded
    SusquehannaPositiveMaintained
    MacquarieNeutralMaintained
    CitigroupNeutralMaintained
    Wells FargoOutperformUpgraded
    Seaport GlobalBuyUpgraded
    CitigroupNeutralMaintained
    Scotia Howard WeilUpgraded
    JP MorganOverweightInitiated
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    OppenheimerOutperformMaintained
    CLSAUnderperformDowngraded
    BMO CapitalOutperformMaintained
    BairdOutperformMaintained
    Seaport GlobalNeutralDowngraded
    Raymond JamesMarket PerformDowngraded
    Wells FargoMarket PerformDowngraded
    OppenheimerOutperformMaintained
    BMO CapitalOutperformInitiated
    CitigroupNeutralMaintained
    RS Platou MarketsSellDowngraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Goldman SachsNeutralDowngraded
    Societe GeneraleHoldDowngraded
    CitigroupNeutralMaintained
    JefferiesHoldMaintained
    OppenheimerOutperformInitiated
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    Bank of AmericaBuyMaintained
    ISI GroupBuyInitiated
    CitigroupNeutralInitiated
    FBR CapitalOutperformMaintained
    Bank of AmericaBuyMaintained
    KLR GroupOutperformUpgraded
    iBERIA Capital PartnersOutperformUpgraded
    Deutsche BankBuyMaintained
    HSBCOverweightUpgraded
    Credit SuisseOutperformMaintained
    JefferiesBuyMaintained
    Drexel HamiltonBuyInitiated
    MacquarieOutperformInitiated
    FBR CapitalOutperformMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    Griffin SecuritiesBuyInitiated
    Johnson RiceOverweightUpgraded
    BarclaysOverweightMaintained
    Credit SuisseOutperformUpgraded
    Morgan StanleyOverweightMaintained
    BairdOutperformInitiated
    BairdOutperformInitiated
    BernsteinOutperformMaintained
    HSBCNeutralDowngraded
    JefferiesBuyMaintained
    Global Hunter SecuritiesBuyUpgraded
    JefferiesBuyMaintained
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralMaintained
    Global Hunter SecuritiesNeutralDowngraded
    UBSBuyMaintained
    Societe GeneraleBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralInitiated
    Scotia Howard WeilSector OutperformMaintained
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    Goldman SachsBuyUpgraded
    Societe GeneraleBuyMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    JP MorganOverweightMaintained
    Societe GeneraleBuyMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    Sterne AgeeBuyUpgraded
    Dahlman RoseBuyMaintained
    GuggenheimBuyMaintained

    Schlumberger Ltd. (SLB) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.395
    The average consensus EPS for SLB is $0.395 with a high estimate of $0.462 and Low of $0.333 for the period 2021-12-31 and based on 25 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.3$0.26173142021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.356136099999999962021-09-30
    $0.3$0.26173142021-06-30
    $0.21$0.18799132021-03-31
    $0.22$0.17536632020-12-31
    $0.16$0.12656312020-09-30
    $0.05$-0.01275632020-06-30
    $0.25$0.24690462020-03-31
    $0.39$0.37018522019-12-31
    $0.43$0.40699972019-09-30
    $0.35$0.351096199999999972019-06-30
    $0.3$0.304424100000000032019-03-31
    $0.36$0.35919642018-12-31
    $0.46$0.458166299999999972018-09-30
    $0.43$0.43053272018-06-30
    $0.38$0.37125582018-03-31
    $0.48$0.44822792017-12-31
    $0.42$0.42107912017-09-30
    $0.35$0.30076792017-06-30
    $0.25$0.24917712017-03-31
    $0.27$0.26995282016-12-31
    $0.25$0.223492800000000022016-09-30
    $0.23$0.21287772016-06-30
    $0.4$0.389082300000000052016-03-31
    $0.65$0.63268422015-12-31
    $0.78$0.7742662015-09-30
    $0.88$0.79817270000000012015-06-30
    $1.06$0.89880912015-03-31
    $1.5$1.46241942014-12-31
    $1.49$1.47153970000000012014-09-30
    $1.37$1.36893382014-06-30
    $1.21$1.21304032014-03-31
    $1.35$1.33500790000000012013-12-31
    $1.29$1.25465232013-09-30
    $1.15$1.11354522013-06-30
    $1.01$0.99488029999999992013-03-31
    $1.08$1.08291192012-12-31
    $1.08$1.06914562012-09-30
    $1.05$1.00711142012-06-30
    $0.98$0.97696292012-03-31
    $1.11$1.09569850000000012011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).