Schlumberger NV Stock (US06520E1029): Analysts Raise Price Target on Strong Earnings Beat

Schlumberger NV shares are in focus after analysts raised their price target following the company's latest quarterly earnings report, which showed revenue growth of 2.7% year over year and an earnings per share of $0.52, topping consensus estimates by $0.01.

As of 1:27 PM Eastern Time, Schlumberger NV (NYSE: SLB) was trading at $53.50, down 3.02% on the day, according to MarketBeat. The stock has gained 38.8% year to date, rising from $38.38 at the start of 2026 to $53.2850, reflecting strong investor confidence in the company's performance.

The company's market capitalization stands at $79.98 billion, with a price-to-earnings ratio of 23.39 and a dividend yield of 2.21%. The consensus price target among analysts is $59.74, indicating about 12.1% upside from the current price.

Schlumberger NV, historically known as Schlumberger, is a leading global provider of technology, integrated project management, and information solutions for the energy industry. The company operates in over 120 countries and serves major oil and gas companies worldwide.

The latest earnings report highlighted Schlumberger's ability to maintain profitability despite volatile energy markets. Revenue growth of 2.7% year over year demonstrates the company's resilience and ability to capitalize on increased demand for energy services.

Analysts have maintained a consensus rating of Moderate Buy for Schlumberger NV, with 3 strong buy ratings, 16 buy ratings, 3 hold ratings, and 1 sell rating. The average rating score is 2.91, reflecting a generally positive outlook for the stock.

The company's strong financial performance and analyst optimism have contributed to the stock's significant year-to-date gains. Investors are likely to continue monitoring Schlumberger NV's performance as the energy sector navigates ongoing market challenges and opportunities.

For more information on Schlumberger NV, visit the company's official website at https://www.slb.com/.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.

Media_Description: Schlumberger NV stock price chart

Tags: Schlumberger NV, energy stocks, analyst ratings

ISIN: US06520E1029

Summary:

Schlumberger NV shares are in focus after analysts raised their price target following the company's latest quarterly earnings report, which showed revenue growth of 2.7% year over year and an earnings per share of $0.52, topping consensus estimates by $0.01.

As of 1:27 PM Eastern Time, Schlumberger NV (NYSE: SLB) was trading at $53.50, down 3.02% on the day, according to MarketBeat. The stock has gained 38.8% year to date, rising from $38.38 at the start of 2026 to $53.2850, reflecting strong investor confidence in the company's performance.

The company's market capitalization stands at $79.98 billion, with a price-to-earnings ratio of 23.39 and a dividend yield of 2.21%. The consensus price target among analysts is $59.74, indicating about 12.1% upside from the current price.

Text:

Schlumberger NV shares are in focus after analysts raised their price target following the company's latest quarterly earnings report, which showed revenue growth of 2.7% year over year and an earnings per share of $0.52, topping consensus estimates by $0.01.

As of 1:27 PM Eastern Time, Schlumberger NV (NYSE: SLB) was trading at $53.50, down 3.02% on the day, according to MarketBeat. The stock has gained 38.8% year to date, rising from $38.38 at the start of 2026 to $53.2850, reflecting strong investor confidence in the company's performance.

The company's market capitalization stands at $79.98 billion, with a price-to-earnings ratio of 23.39 and a dividend yield of 2.21%. The consensus price target among analysts is $59.74, indicating about 12.1% upside from the current price.

Schlumberger NV, historically known as Schlumberger, is a leading global provider of technology, integrated project management, and information solutions for the energy industry. The company operates in over 120 countries and serves major oil and gas companies worldwide.

The latest earnings report highlighted Schlumberger's ability to maintain profitability despite volatile energy markets. Revenue growth of 2.7% year over year demonstrates the company's resilience and ability to capitalize on increased demand for energy services.

Analysts have maintained a consensus rating of Moderate Buy for Schlumberger NV, with 3 strong buy ratings, 16 buy ratings, 3 hold ratings, and 1 sell rating. The average rating score is 2.91, reflecting a generally positive outlook for the stock.

The company's strong financial performance and analyst optimism have contributed to the stock's significant year-to-date gains. Investors are likely to continue monitoring Schlumberger NV's performance as the energy sector navigates ongoing market challenges and opportunities.

For more information on Schlumberger NV, visit the company's official website at https://www.slb.com/.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.