Halliburton Company (HAL)
NYSE: HAL · IEX Real-Time Price · USD
37.68
-0.23 (-0.59%)
May 20, 2024, 1:52 PM EDT - Market open
Halliburton Company Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Halliburton Company stock have an average target of 48.35, with a low estimate of 42 and a high estimate of 56. The average target predicts an increase of 28.33% from the current stock price of 37.68.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for HAL stock from 17 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 9 | 10 |
| Buy | 9 | 8 | 8 | 8 | 7 | 7 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 16 | 16 | 16 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $49 → $50 | Strong Buy | Maintains | $49 → $50 | +32.71% | May 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $50 → $49 | Buy | Maintains | $50 → $49 | +30.06% | Apr 29, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $45 → $50 | Strong Buy | Maintains | $45 → $50 | +32.71% | Apr 24, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $47 → $48 | Strong Buy | Maintains | $47 → $48 | +27.41% | Apr 24, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +19.44% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
24.53B
from 23.02B
Increased by 6.56%
Revenue Next Year
26.41B
from 24.53B
Increased by 7.69%
EPS This Year
3.44
from 2.92
Increased by 17.92%
EPS Next Year
3.96
from 3.44
Increased by 15.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.2B | 28.4B | 29.9B | 29.0B | 30.1B |
| Avg | 24.5B | 26.4B | 27.6B | 27.6B | 28.7B |
| Low | 22.9B | 23.0B | 26.2B | 26.5B | 27.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.8% | 15.8% | 13.3% | 5.1% | 9.1% |
| Avg | 6.6% | 7.7% | 4.6% | -0.0% | 3.9% |
| Low | -0.4% | -6.2% | -0.9% | -4.1% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.86 | 4.65 | 5.33 | 4.23 | 4.55 |
| Avg | 3.44 | 3.96 | 4.36 | 3.89 | 4.07 |
| Low | 3.03 | 3.06 | 3.69 | 3.61 | 3.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.3% | 35.1% | 34.6% | -2.8% | 16.8% |
| Avg | 17.9% | 15.1% | 9.9% | -10.6% | 4.5% |
| Low | 3.7% | -11.2% | -6.8% | -17.2% | -6.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.