- Halliburton's (HAL, Financial) earnings are under pressure due to new tariffs, with an estimated 2-3% EPS impact for Q2.
- Analyst consensus suggests a promising potential upside for HAL shares, with average price targets indicating significant growth.
- GuruFocus's GF Value projects an 85.22% upside, indicating a strong investment opportunity.
In a recent financial disclosure, Halliburton Co. (HAL) revealed a decline in both revenue and profit, directly impacted by new tariffs. The increased costs from steel and aluminum imports are hitting the company's completions and production unit particularly hard. The anticipated financial effect is set to reduce earnings per share by 2-3% in the upcoming second quarter.
Wall Street Analysts Forecast
Wall Street analysts are offering a spectrum of one-year price targets for Halliburton Co (HAL, Financial), with estimates from 25 analysts placing the average target price at $31.77. These estimates range from a high of $50.00 to a low of $23.00. With HAL currently trading at $20.70, the average target price suggests a substantial 53.47% upside potential. Investors can explore more detailed data on the Halliburton Co (HAL) Forecast page.
The consensus among 28 brokerage firms places Halliburton Co's (HAL, Financial) average brokerage recommendation at 2.0, classifying it as an "Outperform". This rating is part of a scale where a rating of 1 indicates a Strong Buy, and 5 suggests a Sell, clearly positioning HAL as a stock to watch.
Further enhancing the buying narrative, GuruFocus estimates the GF Value of Halliburton Co (HAL, Financial) to reach $38.34 within the year. This estimation suggests an impressive 85.22% potential upside from the current price of $20.70. The GF Value metric is derived from historical trading multiples, previous business growth, and future performance projections. For additional information, investors can view the detailed metrics on the Halliburton Co (HAL) Summary page.