Halliburton Company (HAL) Stock Forecast, Price Target & Predictions


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HAL Stock Forecast


Halliburton Company stock forecast is as follows: an average price target of $39.07 (represents a 38.89% upside from HAL’s last price of $28.13) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

HAL Price Target


The average price target for Halliburton Company (HAL) is $39.07 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $52.00 to $23.00. This represents a potential 38.89% upside from HAL's last price of $28.13.

HAL Analyst Ratings


Buy

According to 16 Wall Street analysts, Halliburton Company's rating consensus is 'Buy'. The analyst rating breakdown for HAL stock is 0 'Strong Buy' (0.00%), 14 'Buy' (87.50%), 2 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Halliburton Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 24, 2024Roger ReadWells Fargo$39.00$29.9730.13%38.64%
Sep 24, 2024Lloyd ByrneJefferies$46.00$29.9753.49%63.53%
Sep 13, 2024Sector PerformRBC Capital$37.00$28.0232.05%31.53%
Jul 23, 2024David AndersonBarclays$48.00$33.3943.76%70.64%
Jul 22, 2024Stephen GengaroStifel Nicolaus$45.00$33.3934.77%59.97%
Jul 22, 2024Charles MinervinoSusquehanna$46.00$34.0235.21%63.53%
Jul 22, 2024James WestEvercore ISI$48.00$33.9941.22%70.64%
Jul 22, 2024Luke LemoinePiper Sandler$40.00$34.4016.28%42.20%
Jul 22, 2024Keith MackeyRBC Capital$44.00$34.4027.91%56.42%
Jul 19, 2024James WestEvercore ISI$52.00$34.4051.16%84.86%
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The latest Halliburton Company stock forecast, released on Sep 24, 2024 by Roger Read from Wells Fargo, set a price target of $39.00, which represents a 30.13% increase from the stock price at the time of the forecast ($29.97), and a 38.64% increase from HAL last price ($28.13).

Halliburton Company Price Target by Period


1M3M12M
# Anlaysts-311
Avg Price Target-$40.67$45.18
Last Closing Price$28.13$28.13$28.13
Upside/Downside-100.00%44.58%60.61%

In the current month, the average price target of Halliburton Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Halliburton Company's last price of $28.13. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 24, 2024Wells FargoOverweightOverweightHold
Sep 24, 2024JefferiesBuyBuyHold
Sep 18, 2024DBS Bank-BuyInitialise
Sep 13, 2024SusquehannaUnderperformUnderperformHold
Sep 13, 2024UBSSector PerformSector PerformHold
Sep 13, 2024RBC CapitalOutperformSector PerformDowngrade
Aug 20, 2024UBSBuyBuyHold
Aug 20, 2024SusquehannaUnderperformUnderperformHold
Jul 23, 2024BarclaysOverweightOverweightHold
Jul 22, 2024Cowen & Co.BuyBuyHold
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Halliburton Company's last stock rating was published by Wells Fargo on Sep 24, 2024. The company gave HAL a "Overweight" rating, the same as its previous rate.

Halliburton Company Financial Forecast


Halliburton Company Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------------------$5.74B-$5.80B$5.68B$5.58B$5.36B$5.07B$4.28B$4.28B$3.86B
Avg Forecast$6.84B$6.78B$6.67B$6.49B$6.59B$6.54B$6.44B$6.26B$6.45B$6.30B$6.16B$6.03B$6.16B$6.05B$5.95B$5.84B$5.91B$5.83B$5.95B$5.67B$5.78B$5.85B$5.85B$5.50B$5.58B$5.34B$4.71B$4.20B$4.09B$3.89B
High Forecast$6.84B$6.78B$6.67B$6.49B$6.59B$6.54B$6.44B$6.26B$6.45B$6.30B$6.16B$6.03B$6.16B$6.05B$5.95B$5.84B$5.91B$5.86B$5.95B$5.67B$5.81B$5.96B$5.85B$5.50B$5.58B$5.34B$4.71B$4.20B$4.09B$3.89B
Low Forecast$6.84B$6.78B$6.67B$6.49B$6.59B$6.54B$6.44B$6.26B$6.45B$6.30B$6.16B$6.03B$6.16B$6.05B$5.95B$5.84B$5.91B$5.76B$5.95B$5.67B$5.73B$5.75B$5.85B$5.50B$5.58B$5.34B$4.71B$4.20B$4.09B$3.89B
# Analysts655566666612111098781364920101099991010
Surprise %--------------------0.99%-0.99%1.03%1.00%1.00%1.08%1.02%1.05%0.99%

Halliburton Company's average Quarter revenue forecast for Mar 24 based on 4 analysts is $5.67B, with a low forecast of $5.67B, and a high forecast of $5.67B. HAL's average Quarter revenue forecast represents a -1.22% decrease compared to the company's last Quarter revenue of $5.74B (Dec 23).

Halliburton Company EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts655566666612111098781364920101099991010
EBITDA--------------------$1.06B-$1.01B$1.15B$1.15B$1.03B$570.00M$671.00M$754.00M$667.00M
Avg Forecast$676.40M$670.89M$659.65M$642.03M$652.10M$647.31M$637.36M$619.05M$638.25M$623.33M$609.75M$596.32M$609.49M$598.43M$588.59M$578.22M$585.14M$576.53M$588.34M$809.17M$572.03M$578.59M$578.73M$735.61M$780.61M$528.56M$465.54M$668.74M$404.51M$385.05M
High Forecast$676.40M$670.89M$659.65M$642.03M$652.10M$647.31M$637.36M$619.05M$638.25M$623.33M$609.75M$596.32M$609.49M$598.43M$588.59M$578.22M$585.14M$579.50M$588.34M$971.00M$574.99M$590.11M$578.73M$882.73M$936.73M$528.56M$465.54M$802.48M$404.51M$385.05M
Low Forecast$676.40M$670.89M$659.65M$642.03M$652.10M$647.31M$637.36M$619.05M$638.25M$623.33M$609.75M$596.32M$609.49M$598.43M$588.59M$578.22M$585.14M$569.61M$588.34M$647.34M$567.09M$568.68M$578.73M$588.49M$624.49M$528.56M$465.54M$534.99M$404.51M$385.05M
Surprise %--------------------1.85%-1.75%1.56%1.48%1.95%1.22%1.00%1.86%1.73%

4 analysts predict HAL's average Quarter EBITDA for Mar 24 to be $809.17M, with a high of $971.00M and a low of $647.34M. This is -23.52% lower than Halliburton Company's previous annual EBITDA (Dec 23) of $1.06B.

Halliburton Company Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts655566666612111098781364920101099991010
Net Income--------------------$661.00M-$950.00M$651.00M$656.00M$544.00M$109.00M$263.00M$827.00M$236.00M
Avg Forecast--------$899.87M$861.16M$820.48M$780.82M$795.01M$756.79M$724.23M$691.62M$711.57M$667.65M$708.67M$308.87M$704.58M$680.76M$661.58M$280.79M$853.08M$497.52M$396.83M$255.26M$301.81M$243.92M
High Forecast--------$899.87M$861.16M$820.48M$780.82M$795.01M$756.79M$724.23M$691.62M$711.57M$676.56M$708.73M$370.64M$713.39M$707.28M$661.58M$336.95M$1.02B$497.52M$396.83M$306.32M$301.81M$243.92M
Low Forecast--------$899.87M$861.16M$820.48M$780.82M$795.01M$756.79M$724.23M$691.62M$711.57M$658.75M$708.61M$247.10M$686.97M$654.23M$661.58M$224.63M$682.47M$497.52M$396.83M$204.21M$301.81M$243.92M
Surprise %--------------------0.94%-1.44%2.32%0.77%1.09%0.27%1.03%2.74%0.97%

Halliburton Company's average Quarter net income forecast for Mar 24 is $308.87M, with a range of $247.10M to $370.64M. HAL's average Quarter net income forecast represents a -53.27% decrease compared to the company's last Quarter net income of $661.00M (Dec 23).

Halliburton Company SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts655566666612111098781364920101099991010
SG&A-----------------------$54.00M$70.00M$59.00M$67.00M$52.00M$59.00M$46.00M
Avg Forecast$82.04M$81.38M$80.01M$77.87M$79.10M$78.52M$77.31M$75.09M$77.42M$75.61M$73.96M$72.33M$73.93M$72.59M$71.39M$70.14M$70.97M$69.93M$71.36M$61.07M$69.38M$70.18M$70.20M$55.52M$61.08M$64.11M$56.47M$50.47M$49.07M$46.71M
High Forecast$82.04M$81.38M$80.01M$77.87M$79.10M$78.52M$77.31M$75.09M$77.42M$75.61M$73.96M$72.33M$73.93M$72.59M$71.39M$70.14M$70.97M$70.29M$71.36M$73.28M$69.74M$71.58M$70.20M$66.62M$73.30M$64.11M$56.47M$60.56M$49.07M$46.71M
Low Forecast$82.04M$81.38M$80.01M$77.87M$79.10M$78.52M$77.31M$75.09M$77.42M$75.61M$73.96M$72.33M$73.93M$72.59M$71.39M$70.14M$70.97M$69.09M$71.36M$48.86M$68.78M$68.98M$70.20M$44.41M$48.87M$64.11M$56.47M$40.38M$49.07M$46.71M
Surprise %-----------------------0.97%1.15%0.92%1.19%1.03%1.20%0.98%

Halliburton Company's average Quarter SG&A projection for Jun 23 is $70.20M, based on 10 Wall Street analysts, with a range of $70.20M to $70.20M. The forecast indicates a 29.99% rise compared to HAL last annual SG&A of $54.00M (Mar 23).

Halliburton Company EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts655566666612111098781364920101099991010
EPS--------------------$0.74-$1.05$0.72$0.72$0.60$0.12$0.29$0.92$0.26
Avg Forecast--------$1.02$0.97$0.93$0.88$0.90$0.85$0.82$0.78$0.80$0.75$0.80$0.74$0.80$0.77$0.75$0.67$0.67$0.56$0.45$0.34$0.34$0.28
High Forecast--------$1.02$0.97$0.93$0.88$0.90$0.85$0.82$0.78$0.80$0.76$0.80$0.74$0.81$0.80$0.75$0.67$0.67$0.56$0.45$0.34$0.34$0.28
Low Forecast--------$1.02$0.97$0.93$0.88$0.90$0.85$0.82$0.78$0.80$0.74$0.80$0.74$0.78$0.74$0.75$0.67$0.67$0.56$0.45$0.34$0.34$0.28
Surprise %--------------------0.93%-1.41%1.07%1.08%1.07%0.27%0.84%2.70%0.94%

According to 4 Wall Street analysts, Halliburton Company's projected average Quarter EPS for Mar 24 is $0.74, with a low estimate of $0.74 and a high estimate of $0.74. This represents a 0.56% increase compared to HAL previous annual EPS of $0.74 (Dec 23).

Halliburton Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TDWTidewater$59.77$124.00107.46%Strong Buy
WFRDWeatherford$79.79$156.6796.35%Buy
XPROExpro Group$12.78$23.3382.55%Buy
VALValaris$49.71$80.0060.93%Buy
DNOWNOW$11.87$18.0051.64%-
SLBSchlumberger$40.32$58.5845.29%Buy
HALHalliburton Company$28.13$39.0738.89%Buy
CHXChampionX$28.43$38.3334.82%Buy
NOVNOV$15.39$20.6734.31%Buy
NEXNexTier Oilfield Solutions$10.61$13.5027.24%Hold
TSTenaris$33.03$42.0027.16%Buy
BKRBaker Hughes Company$38.17$39.393.20%Buy
FTITechnipFMC$26.39$26.18-0.80%Buy
WHDCactus$61.36$54.00-11.99%Hold
OIIOceaneering$25.45$21.00-17.49%Buy

HAL Forecast FAQ


Yes, according to 16 Wall Street analysts, Halliburton Company (HAL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 87.50% of HAL's total ratings.

Halliburton Company (HAL) average price target is $39.07 with a range of $23 to $52, implying a 38.89% from its last price of $28.13. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for HAL stock, the company can go up by 38.89% (from the last price of $28.13 to the average price target of $39.07), up by 84.86% based on the highest stock price target, and down by -18.24% based on the lowest stock price target.

HAL's highest twelve months analyst stock price target of $52 supports the claim that Halliburton Company can reach $40 in the near future.

Halliburton Company's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $25.83B (high $25.83B, low $25.83B), average EBITDA is $2.56B (high $2.56B, low $2.56B), average net income is $0 (high $0, low $0), average SG&A $310.01M (high $310.01M, low $310.01M), and average EPS is $0 (high $0, low $0). HAL's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $26.77B (high $26.77B, low $26.77B), average EBITDA is $2.65B (high $2.65B, low $2.65B), average net income is $0 (high $0, low $0), average SG&A $321.31M (high $321.31M, low $321.31M), and average EPS is $0 (high $0, low $0).

Based on Halliburton Company's last annual report (Dec 2023), the company's revenue was $23.02B, beating the average analysts forecast of $22.98B by 0.18%. Apple's EBITDA was $4.08B, beating the average prediction of $2.46B by 65.64%. The company's net income was $2.64B, beating the average estimation of $2.33B by 13.33%. Apple's SG&A was $0, missing the average forecast of $265.28M by -100.00%. Lastly, the company's EPS was $2.93, missing the average prediction of $2.98 by -1.74%. In terms of the last quarterly report (Dec 2023), Halliburton Company's revenue was $5.74B, missing the average analysts' forecast of $5.78B by -0.74%. The company's EBITDA was $1.06B, beating the average prediction of $572.03M by 84.96%. Halliburton Company's net income was $661M, missing the average estimation of $704.58M by -6.19%. The company's SG&A was $0, missing the average forecast of $69.38M by -100.00%. Lastly, the company's EPS was $0.74, missing the average prediction of $0.795 by -6.95%