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Top Wall Street Forecasters Revamp SLB Expectations Ahead Of Q3 Earnings

Benzinga Earnings10-23 13:01

SLB N.V. (NYSE:SLB) will release its third quarter earnings report before the opening bell on Friday, Oct. 23.

Analysts expect the Houston, Texas -based company to report quarterly earnings of 61 cents per share, down from 69 cents per share in the year-ago period. The consensus estimate for SLB’s quarterly revenue is $9.27 billion. It reported $8.93 billion last year, according to Benzinga Pro.

On Oct. 8, SLB announced a 15-year agreement with TotalEnergies to use the DrillPlan coherent well planning and engineering solutions.

Shares of SLB fell 3% to close at $49.55 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Citigroup analyst Scott Gruber maintained a Buy rating and cut the price target from $63 to $62 on Oct. 19, 2026. This analyst has an accuracy rate of 61%.
  • Piper Sandler analyst Derek Podhaizer maintained an Overweight rating and slashed the price target from $64 to $63 on Oct. 19, 2026. This analyst has an accuracy rate of 66%.
  • Barclays analyst David Anderson maintained an Overweight rating and cut the price target from $67 to $66 on Oct. 15, 2026. This analyst has an accuracy rate of 68%.
  • UBS analyst Josh Silverstein maintained a Buy rating and raised the price target from $72 to $75 on Sept. 14, 2026. This analyst has an accuracy rate of 65%.
  • TD Cowen analyst Marc Bianchi maintained a Buy rating and raised the price target from $62 to $64 on July 27, 2026. This analyst has an accuracy rate of 58%.

Considering buying SLB stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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