Schlumberger (SLB, Financial) is poised to announce its first-quarter earnings on April 25. Analysts predict an EPS of $0.73, alongside an anticipated revenue of $8.59 billion. Despite a recent downturn in stock prices, SLB's strategic initiatives in digital and low-carbon solutions present a promising avenue for future expansion. Analyst ratings on SLB vary from Hold to Buy, reflecting a range of perspectives on the company's potential.
Key Insights for Investors
- Schlumberger is set to release its first-quarter earnings on April 25, with expectations of a $0.73 EPS.
- The company is strategically focusing on digital and low-carbon solutions, which could drive significant growth.
- Analyst ratings range from Hold to Buy, indicating varied confidence levels in SLB's prospects.
Wall Street Analysts Forecast
Wall Street analysts have set one-year price targets for Schlumberger Ltd (SLB, Financial), averaging at $50.01. Estimates range from a high of $63.00 to a low of $38.00, suggesting a potential upside of 44.02% from the current price of $34.73. For more comprehensive estimate data, visit the Schlumberger Ltd (SLB) Forecast page.
Brokerage Recommendations and GF Value
From 30 brokerage firms, Schlumberger Ltd (SLB, Financial) currently enjoys an "Outperform" average recommendation with a score of 1.9 on a scale where 1 is a Strong Buy and 5 is a Sell. According to GuruFocus estimates, the GF Value for SLB in one year is expected to be $60.10. This implies a notable upside of 73.07% from the current price of $34.725.
The GF Value estimate reflects Schlumberger's fair trading value, based on historical trading multiples, past business growth, and projected future performance. Investors can explore detailed figures on the Schlumberger Ltd (SLB, Financial) Summary page.
