​

Halliburton (HAL) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

HAL Stock Forecast

Halliburton stock forecast is as follows: an average price target of $37.50 (represents a 40.71% upside from HAL’s last price of $26.65) 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 (HAL) is $37.50 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $28.00. This represents a potential 40.71% upside from HAL's last price of $26.65.

HAL Analyst Ratings

Buy

According to 16 Wall Street analysts, Halliburton'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 Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 20, 2024Kevin SimpsonGriffin$28.00$26.087.36%5.07%
Sep 24, 2024Roger ReadWells Fargo$39.00$29.9730.13%46.34%
Sep 24, 2024Lloyd ByrneJefferies$46.00$29.9753.49%72.61%
Sep 13, 2024Sector PerformRBC Capital$37.00$28.0232.05%38.84%
Jul 23, 2024David AndersonBarclays$48.00$33.3943.76%80.11%
Jul 22, 2024Stephen GengaroStifel Nicolaus$45.00$33.3934.77%68.86%
Jul 22, 2024Charles MinervinoSusquehanna$46.00$34.0235.21%72.61%
Jul 22, 2024James WestEvercore ISI$48.00$33.9941.22%80.11%
Jul 22, 2024Luke LemoinePiper Sandler$40.00$34.4016.28%50.09%
Jul 22, 2024Keith MackeyRBC Capital$44.00$34.4027.91%65.10%
Jul 19, 2024James WestEvercore ISI$52.00$34.4051.16%95.12%
Apr 23, 2024Sam MargolinWolfe Research$52.00$38.7934.06%95.12%
Jul 20, 2023Praveen NarraRaymond James$49.00$37.0132.40%83.86%
Jul 30, 2022Christopher VoieWells Fargo$33.00$29.3012.63%23.83%
Apr 29, 2022David AndersonBarclays$50.00$35.6240.37%87.62%
Apr 28, 2022Abhishek KumarHSBC$41.60$35.9415.75%56.10%
Apr 25, 2022Keith MackeyRBC Capital$49.00$35.1639.36%83.86%
Apr 20, 2022Charles MinervinoSusquehanna$48.00$39.6021.21%80.11%
Apr 20, 2022Citigroup$48.00$39.8920.33%80.11%
Apr 20, 2022Stephens$40.00$39.471.34%50.09%
Apr 11, 2022Connor LynaghMorgan Stanley$45.00$39.0615.21%68.86%
Apr 11, 2022Stephen GengaroStifel Nicolaus$42.00$39.067.53%57.60%
Jan 25, 2022Keith MackeyRBC Capital$34.00$30.5911.15%27.58%
Jan 25, 2022Phillip JungwirthBMO Capital$32.00$30.484.99%20.08%
Jan 25, 2022Tommy MollStephens$38.00$30.4824.67%42.59%
Jan 25, 2022Marc BianchiCowen & Co.$35.00$30.4814.83%31.33%
Jan 03, 2022Kevin SimpsonGriffin$32.00$23.9033.89%20.08%
Nov 19, 2021Douglas BeckerBenchmark Co.$31.00$21.9241.42%16.32%
Oct 20, 2021David AndersonBarclays$36.00$26.3136.83%35.08%
Oct 20, 2021Bill SeleskyArgus Research$32.00$26.3121.63%20.08%
Oct 12, 2021Vaibhav VaishnavCoker Palmer$24.00$24.36-1.48%-9.94%
Aug 05, 2021Abhishek KumarHSBC$18.20$19.33-5.85%-31.71%
Jul 21, 2021Ian MacphersonPiper Sandler$25.50$20.6123.73%-4.32%
Jul 21, 2021Nick KonstantakisBNP Paribas$23.00$20.6111.60%-13.70%
Jul 21, 2021Neil MehtaGoldman Sachs$26.00$20.6126.15%-2.44%

The latest Halliburton stock forecast, released on Dec 20, 2024 by Kevin Simpson from Griffin, set a price target of $28.00, which represents a 7.36% increase from the stock price at the time of the forecast ($26.08), and a 5.07% increase from HAL last price ($26.65).

Halliburton Price Target by Period

1M3M12M
# Anlaysts-112
Avg Price Target-$28.00$43.75
Last Closing Price$26.65$26.65$26.65
Upside/Downside-100.00%5.07%64.17%

In the current month, the average price target of Halliburton 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's last price of $26.65. 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
Dec 18, 2024Piper SandlerOverweightOverweightInitialise
Dec 09, 2024UBSSector PerformNeutralDowngrade
Sep 24, 2024Wells FargoOverweightOverweightHold
Sep 24, 2024JefferiesBuyBuyHold
Sep 18, 2024DBS BankBuyInitialise
Sep 13, 2024UBSSector PerformSector PerformHold
Sep 13, 2024SusquehannaUnderperformUnderperformHold
Sep 13, 2024RBC CapitalOutperformSector PerformDowngrade
Aug 20, 2024UBSBuyBuyHold
Aug 20, 2024SusquehannaUnderperformUnderperformHold
Jul 23, 2024BarclaysOverweightOverweightHold
Jul 22, 2024Cowen & Co.BuyBuyHold
Jul 22, 2024SusquehannaPositivePositiveHold
Jul 22, 2024Piper SandlerOverweightOverweightHold
Jul 22, 2024RBC CapitalOutperformOutperformHold
Jul 22, 2024Bank of America SecuritiesBuyBuyHold
Jul 19, 2024Evercore ISIOutperformOutperformHold
Jul 19, 2024CitigroupBuyBuyHold
Jun 28, 2024SusquehannaUnderperformUnderperformHold
Jun 28, 2024Wells FargoBuyBuyHold
Jun 28, 2024CitigroupBuyBuyHold
Apr 30, 2024JefferiesBuyBuyHold
Apr 24, 2024SusquehannaBuyBuyHold
Apr 24, 2024Cowen & Co.BuyBuyHold
Apr 23, 2024Wolfe ResearchOutperformOutperformHold
Apr 08, 2024SusquehannaStrong BuyStrong BuyHold
Feb 13, 2024SusquehannaStrong BuyStrong BuyHold
Oct 04, 2023SusquehannaPositivePositiveHold
Aug 17, 2023UBSBuyBuyHold
Jul 20, 2023SusquehannaPositivePositiveHold
Jul 20, 2023BarclaysOverweightOverweightHold
Jul 20, 2023Raymond JamesOverweightOverweightHold
Mar 22, 2023CitigroupBuyBuyHold
Jan 12, 2023Wolfe ResearchOutperformUpgrade
Jan 04, 2023Morgan StanleyOverweightOverweightHold
Oct 26, 2022Deutsche BankBuyUpgrade
Oct 26, 2022Wells FargoEqual-WeightOverweightUpgrade
Jul 30, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 27, 2022BarclaysOverweightOverweightHold
Apr 27, 2022HSBCBuyUpgrade
Apr 25, 2022RBC CapitalOutperformOutperformHold
Apr 25, 2022CitigroupBuyBuyHold
Jan 09, 2022Morgan StanleyOverweightUpgrade

Halliburton's last stock rating was published by Piper Sandler on Dec 18, 2024. The company gave HAL a "Overweight" rating, the same as its previous rate.

Halliburton Financial Forecast

Halliburton Revenue Forecast

Dec 29Sep 29Jun 29Mar 29Dec 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 22
Revenue------------------------$5.74B-$5.80B$5.68B$5.58B$5.36B
Avg Forecast$6.45B$6.41B$6.31B$6.15B$6.24B$6.19B$6.09B$5.93B$6.13B$6.12B$5.99B$5.86B$5.97B$5.94B$5.80B$5.66B$5.83B$5.71B$5.51B$5.31B$5.63B$5.83B$5.95B$5.67B$5.78B$5.85B$5.85B$5.50B$5.58B$5.34B
High Forecast$6.66B$6.61B$6.51B$6.34B$6.44B$6.39B$6.28B$6.11B$6.33B$6.32B$6.18B$6.04B$6.16B$6.13B$5.98B$5.84B$6.02B$5.89B$5.69B$5.61B$5.66B$5.84B$5.95B$5.67B$5.81B$5.96B$6.03B$5.67B$5.66B$5.34B
Low Forecast$6.35B$6.31B$6.21B$6.05B$6.14B$6.09B$5.99B$5.83B$6.04B$6.03B$5.89B$5.76B$5.88B$5.85B$5.71B$5.57B$5.74B$5.62B$5.43B$5.16B$5.59B$5.81B$5.95B$5.67B$5.73B$5.75B$5.76B$5.41B$5.39B$5.34B
# Analysts1110101165566666111010116551215786920101199
Surprise %------------------------0.99%-0.99%1.03%1.00%1.00%

Halliburton's average Quarter revenue forecast for Mar 24 based on 6 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 EBITDA Forecast

Dec 29Sep 29Jun 29Mar 29Dec 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 22
# Analysts1110101165566666111010116551215786920101199
EBITDA------------------------$1.06B-$1.01B$1.15B$1.15B$1.03B
Avg Forecast$641.41M$637.03M$627.35M$611.00M$620.19M$615.49M$605.28M$589.18M$609.61M$608.66M$595.12M$581.97M$593.77M$590.38M$576.45M$562.34M$579.72M$567.97M$547.96M$527.71M$559.90M$579.21M$591.08M$809.17M$574.69M$581.28M$581.42M$735.61M$780.61M$528.56M
High Forecast$661.54M$657.02M$647.04M$630.18M$639.65M$634.81M$624.27M$607.67M$628.74M$627.76M$613.80M$600.24M$612.40M$608.90M$594.54M$579.99M$597.91M$585.80M$565.15M$557.95M$562.88M$580.76M$591.08M$971.00M$577.67M$592.86M$599.67M$882.73M$936.73M$528.56M
Low Forecast$631.32M$627.00M$617.48M$601.39M$610.43M$605.81M$595.75M$579.91M$600.02M$599.08M$585.76M$572.82M$584.42M$581.09M$567.38M$553.49M$570.60M$559.04M$539.34M$513.08M$555.93M$577.67M$591.08M$647.34M$569.72M$571.33M$572.27M$588.49M$624.49M$528.56M
Surprise %------------------------1.84%-1.74%1.56%1.48%1.95%

6 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's previous annual EBITDA (Dec 23) of $1.06B.

Halliburton Net Income Forecast

Dec 29Sep 29Jun 29Mar 29Dec 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 22
# Analysts1110101165566666111010116551215786920101199
Net Income------------------------$661.00M-$950.00M$651.00M$656.00M$544.00M
Avg Forecast--------$769.11M$783.15M$741.95M$689.80M$713.36M$703.60M$667.90M$620.56M$621.95M$598.62M$560.55M$533.92M$608.09M$659.21M$699.87M$308.87M$695.84M$672.31M$653.36M$280.79M$853.08M$497.52M
High Forecast--------$800.49M$815.10M$772.21M$717.94M$742.46M$732.30M$695.15M$645.87M$647.33M$623.04M$583.41M$601.71M$616.78M$665.60M$699.93M$370.64M$704.53M$698.50M$680.01M$336.95M$1.02B$497.52M
Low Forecast--------$753.38M$767.13M$726.77M$675.69M$698.77M$689.20M$654.25M$607.86M$609.23M$586.38M$549.09M$500.02M$590.71M$652.81M$699.81M$247.10M$678.44M$646.11M$640.00M$224.63M$682.47M$497.52M
Surprise %------------------------0.95%-1.45%2.32%0.77%1.09%

Halliburton'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 SG&A Forecast

Dec 29Sep 29Jun 29Mar 29Dec 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 22
# Analysts1110101165566666111010116551215786920101199
SG&A---------------------------$54.00M$70.00M$59.00M
Avg Forecast$77.44M$76.91M$75.74M$73.77M$74.88M$74.31M$73.08M$71.13M$73.60M$73.49M$71.85M$70.26M$71.69M$71.28M$69.60M$67.89M$69.99M$68.57M$66.16M$63.71M$67.60M$69.93M$71.36M$61.07M$69.38M$70.18M$70.20M$55.52M$61.08M$64.11M
High Forecast$79.87M$79.32M$78.12M$76.08M$77.23M$76.64M$75.37M$73.37M$75.91M$75.79M$74.11M$72.47M$73.94M$73.52M$71.78M$70.02M$72.19M$70.73M$68.23M$67.36M$67.96M$70.12M$71.36M$73.28M$69.74M$71.58M$72.40M$66.62M$73.30M$64.11M
Low Forecast$76.22M$75.70M$74.55M$72.61M$73.70M$73.14M$71.93M$70.01M$72.44M$72.33M$70.72M$69.16M$70.56M$70.16M$68.50M$66.82M$68.89M$67.49M$65.12M$61.95M$67.12M$69.74M$71.36M$48.86M$68.78M$68.98M$69.09M$44.41M$48.87M$64.11M
Surprise %---------------------------0.97%1.15%0.92%

Halliburton's average Quarter SG&A projection for Jun 23 is $70.20M, based on 10 Wall Street analysts, with a range of $69.09M to $72.40M. The forecast indicates a 29.99% rise compared to HAL last annual SG&A of $54.00M (Mar 23).

Halliburton EPS Forecast

Dec 29Sep 29Jun 29Mar 29Dec 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 22
# Analysts1110101165566666111010116551215786920101199
EPS------------------------$0.74-$1.05$0.72$0.72$0.60
Avg Forecast--------$0.88$0.90$0.85$0.79$0.82$0.80$0.76$0.71$0.71$0.68$0.64$0.61$0.69$0.75$0.80$0.74$0.80$0.77$0.75$0.67$0.67$0.56
High Forecast--------$0.91$0.93$0.88$0.82$0.85$0.84$0.79$0.74$0.74$0.71$0.67$0.69$0.70$0.76$0.80$0.74$0.81$0.80$0.78$0.70$0.68$0.56
Low Forecast--------$0.86$0.88$0.83$0.77$0.80$0.79$0.75$0.69$0.70$0.67$0.63$0.57$0.68$0.75$0.80$0.74$0.78$0.74$0.73$0.66$0.64$0.56
Surprise %------------------------0.93%-1.41%1.07%1.08%1.07%

According to 6 Wall Street analysts, Halliburton'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 Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TDWTidewater$53.26$96.0080.25%Buy
WFRDWeatherford$66.19$114.5072.99%Buy
HALHalliburton$26.65$37.5040.71%Buy
NOVNOV$14.40$20.0038.89%Buy
XPROExpro Group$13.09$18.0037.51%Buy
SLBSchlumberger$41.32$56.2536.13%Buy
CHXChampionX$29.35$38.3330.60%Buy
VALValaris$47.53$62.0030.44%Buy
DNOWNOW$14.81$18.0021.54%
FTITechnipFMC$30.73$35.5715.75%Buy
TSTenaris$37.97$42.0010.61%Buy
BKRBaker Hughes$43.28$46.006.28%Buy
OIIOceaneering$25.48$26.002.04%Hold
WHDCactus$62.05$54.00-12.97%Hold

HAL Forecast FAQ

Is Halliburton a good buy?

Yes, according to 16 Wall Street analysts, Halliburton (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.

What is HAL's price target?

Halliburton (HAL) average price target is $37.5 with a range of $28 to $46, implying a 40.71% from its last price of $26.65. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Halliburton stock go up soon?

According to Wall Street analysts' prediction for HAL stock, the company can go up by 40.71% (from the last price of $26.65 to the average price target of $37.5), up by 72.61% based on the highest stock price target, and up by 5.07% based on the lowest stock price target.

Can Halliburton stock reach $40?

HAL's highest twelve months analyst stock price target of $46 supports the claim that Halliburton can reach $40 in the near future.

What are Halliburton's analysts' financial forecasts?

Halliburton's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $24.45B (high $25.22B, low $24.06B), average EBITDA is $2.43B (high $2.51B, low $2.39B), average net income is $0 (high $0, low $0), average SG&A $293.4M (high $302.61M, low $288.78M), and average EPS is $0 (high $0, low $0). HAL's analysts financial forecasts for the fiscal year (Dec 2029) are as follows: average revenue is $25.32B (high $26.12B, low $24.92B), average EBITDA is $2.52B (high $2.6B, low $2.48B), average net income is $0 (high $0, low $0), average SG&A $303.86M (high $313.4M, low $299.08M), and average EPS is $0 (high $0, low $0).

Did the HAL's actual financial results beat the analysts' financial forecasts?

Based on Halliburton'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 $2.47B by 65.10%. The company's net income was $2.64B, beating the average estimation of $2.3B by 14.58%. 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'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 $574.69M by 84.10%. Halliburton's net income was $661M, missing the average estimation of $695.84M by -5.01%. 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%