Halliburton Company (HAL) Stock Forecast, Price Target & Predictions
HAL Stock Forecast
Halliburton Company stock forecast is as follows: an average price target of $39.07 (represents a 25.30% upside from HAL’s last price of $31.18) 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 25.30% upside from HAL's last price of $31.18.
HAL Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 24, 2024 | Roger Read | Wells Fargo | $39.00 | $29.97 | 30.13% | 25.08% |
| Sep 24, 2024 | Lloyd Byrne | Jefferies | $46.00 | $29.97 | 53.49% | 47.53% |
| Sep 13, 2024 | Sector Perform | RBC Capital | $37.00 | $28.02 | 32.05% | 18.67% |
| Jul 23, 2024 | David Anderson | Barclays | $48.00 | $33.39 | 43.76% | 53.94% |
| Jul 22, 2024 | Stephen Gengaro | Stifel Nicolaus | $45.00 | $33.39 | 34.77% | 44.32% |
| Jul 22, 2024 | Charles Minervino | Susquehanna | $46.00 | $34.02 | 35.21% | 47.53% |
| Jul 22, 2024 | James West | Evercore ISI | $48.00 | $33.99 | 41.22% | 53.94% |
| Jul 22, 2024 | Luke Lemoine | Piper Sandler | $40.00 | $34.40 | 16.28% | 28.29% |
| Jul 22, 2024 | Keith Mackey | RBC Capital | $44.00 | $34.40 | 27.91% | 41.12% |
| Jul 19, 2024 | James West | Evercore ISI | $52.00 | $34.40 | 51.16% | 66.77% |
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 25.08% increase from HAL last price ($31.18).
Halliburton Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 11 |
| Avg Price Target | - | $40.67 | $45.18 |
| Last Closing Price | $31.18 | $31.18 | $31.18 |
| Upside/Downside | -100.00% | 30.44% | 44.90% |
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 $31.18. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 24, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 24, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 18, 2024 | DBS Bank | - | Buy | Initialise |
| Sep 13, 2024 | Susquehanna | Underperform | Underperform | Hold |
| Sep 13, 2024 | UBS | Sector Perform | Sector Perform | Hold |
| Sep 13, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Aug 20, 2024 | UBS | Buy | Buy | Hold |
| Aug 20, 2024 | Susquehanna | Underperform | Underperform | Hold |
| Jul 23, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 22, 2024 | Cowen & Co. | Buy | Buy | Hold |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.74B | - | $5.80B | $5.68B | $5.58B | $5.36B | $5.07B | $4.28B | $4.28B | $3.86B |
| Avg Forecast | $6.41B | $6.36B | $6.26B | $6.09B | $6.18B | $6.14B | $6.05B | $5.87B | $6.08B | $6.01B | $5.94B | $5.82B | $5.96B | $5.87B | $5.78B | $5.65B | $5.67B | $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 | $6.76B | $6.70B | $6.59B | $6.42B | $6.52B | $6.47B | $6.37B | $6.19B | $6.40B | $6.33B | $6.26B | $6.13B | $6.28B | $6.19B | $6.09B | $5.82B | $5.87B | $5.84B | $5.95B | $5.67B | $5.81B | $5.96B | $6.16B | $5.79B | $5.88B | $5.34B | $4.71B | $4.20B | $4.09B | $3.89B |
| Low Forecast | $6.26B | $6.21B | $6.11B | $5.95B | $6.04B | $6.00B | $5.91B | $5.74B | $5.93B | $5.87B | $5.80B | $5.68B | $5.82B | $5.74B | $5.65B | $5.55B | $5.58B | $5.81B | $5.95B | $5.67B | $5.73B | $5.75B | $5.71B | $5.37B | $5.45B | $5.34B | $4.71B | $4.20B | $4.09B | $3.89B |
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 7 | 4 | 9 | 20 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 |
| 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 7 | 4 | 9 | 20 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.06B | - | $1.01B | $1.15B | $1.15B | $1.03B | $570.00M | $671.00M | $754.00M | $667.00M |
| Avg Forecast | $637.47M | $632.45M | $621.91M | $605.36M | $614.63M | $610.27M | $600.94M | $583.75M | $603.86M | $596.98M | $590.21M | $578.20M | $592.27M | $583.77M | $574.90M | $561.34M | $563.19M | $579.21M | $591.08M | $809.17M | $574.69M | $581.28M | $581.42M | $735.61M | $780.61M | $528.56M | $465.54M | $668.74M | $404.51M | $385.05M |
| High Forecast | $671.74M | $666.44M | $655.35M | $637.90M | $647.67M | $643.08M | $633.24M | $615.13M | $636.32M | $629.07M | $621.94M | $609.28M | $624.10M | $615.15M | $605.80M | $578.98M | $583.90M | $580.76M | $591.08M | $971.00M | $577.67M | $592.86M | $612.68M | $882.73M | $936.73M | $528.56M | $465.54M | $802.48M | $404.51M | $385.05M |
| Low Forecast | $622.62M | $617.71M | $607.42M | $591.25M | $600.31M | $596.05M | $586.94M | $570.15M | $589.79M | $583.07M | $576.46M | $564.73M | $578.47M | $570.17M | $561.50M | $551.55M | $554.31M | $577.67M | $591.08M | $647.34M | $569.72M | $571.33M | $567.87M | $588.49M | $624.49M | $528.56M | $465.54M | $534.99M | $404.51M | $385.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.84% | - | 1.74% | 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 7 | 4 | 9 | 20 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $661.00M | - | $950.00M | $651.00M | $656.00M | $544.00M | $109.00M | $263.00M | $827.00M | $236.00M |
| Avg Forecast | - | - | - | - | - | - | - | - | $814.42M | $799.01M | $766.39M | $718.12M | $740.09M | $707.36M | $675.83M | $633.80M | $630.23M | $663.73M | $704.67M | $308.87M | $700.61M | $676.92M | $657.84M | $280.79M | $853.08M | $497.52M | $396.83M | $255.26M | $301.81M | $243.92M |
| High Forecast | - | - | - | - | - | - | - | - | $871.34M | $854.85M | $819.95M | $768.30M | $791.81M | $756.80M | $723.06M | $685.19M | $700.25M | $670.17M | $704.73M | $370.64M | $709.36M | $703.29M | $703.81M | $336.95M | $1.02B | $497.52M | $396.83M | $306.32M | $301.81M | $243.92M |
| Low Forecast | - | - | - | - | - | - | - | - | $789.75M | $774.81M | $743.18M | $696.37M | $717.67M | $685.94M | $655.36M | $582.41M | $612.73M | $657.29M | $704.61M | $247.10M | $683.09M | $650.54M | $637.91M | $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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 7 | 4 | 9 | 20 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.00M | $70.00M | $59.00M | $67.00M | $52.00M | $59.00M | $46.00M |
| Avg Forecast | $76.96M | $76.36M | $75.09M | $73.09M | $74.21M | $73.68M | $72.55M | $70.48M | $72.91M | $72.08M | $71.26M | $69.81M | $71.51M | $70.48M | $69.41M | $67.77M | $68.00M | $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 | $81.10M | $80.46M | $79.12M | $77.02M | $78.19M | $77.64M | $76.45M | $74.27M | $76.83M | $75.95M | $75.09M | $73.56M | $75.35M | $74.27M | $73.14M | $69.90M | $70.50M | $70.12M | $71.36M | $73.28M | $69.74M | $71.58M | $73.97M | $66.62M | $73.30M | $64.11M | $56.47M | $60.56M | $49.07M | $46.71M |
| Low Forecast | $75.17M | $74.58M | $73.34M | $71.38M | $72.48M | $71.96M | $70.86M | $68.84M | $71.21M | $70.40M | $69.60M | $68.18M | $69.84M | $68.84M | $67.79M | $66.59M | $66.92M | $69.74M | $71.36M | $48.86M | $68.78M | $68.98M | $68.56M | $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 $68.56M to $73.97M. The forecast indicates a 29.99% rise compared to HAL last annual SG&A of $54.00M (Mar 23).
Halliburton Company EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 7 | 4 | 9 | 20 | 10 | 10 | 9 | 9 | 9 | 9 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.74 | - | $1.05 | $0.72 | $0.72 | $0.60 | $0.12 | $0.29 | $0.92 | $0.26 |
| Avg Forecast | - | - | - | - | - | - | - | - | $0.92 | $0.91 | $0.87 | $0.82 | $0.84 | $0.80 | $0.77 | $0.72 | $0.72 | $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 | - | - | - | - | - | - | - | - | $0.99 | $0.97 | $0.93 | $0.87 | $0.90 | $0.86 | $0.82 | $0.78 | $0.79 | $0.76 | $0.80 | $0.74 | $0.81 | $0.80 | $0.80 | $0.72 | $0.71 | $0.56 | $0.45 | $0.34 | $0.34 | $0.28 |
| Low Forecast | - | - | - | - | - | - | - | - | $0.90 | $0.88 | $0.84 | $0.79 | $0.81 | $0.78 | $0.74 | $0.66 | $0.70 | $0.75 | $0.80 | $0.74 | $0.78 | $0.74 | $0.72 | $0.65 | $0.65 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TDW | Tidewater | $50.44 | $96.00 | 90.33% | Buy |
| WFRD | Weatherford | $82.43 | $156.67 | 90.06% | Buy |
| XPRO | Expro Group | $12.94 | $23.33 | 80.29% | Buy |
| VAL | Valaris | $47.20 | $80.00 | 69.49% | Buy |
| SLB | Schlumberger | $43.53 | $58.58 | 34.57% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| NOV | NOV | $16.26 | $20.67 | 27.12% | Buy |
| HAL | Halliburton Company | $31.18 | $39.07 | 25.30% | Buy |
| CHX | ChampionX | $30.70 | $38.33 | 24.85% | Buy |
| DNOW | NOW | $14.65 | $18.00 | 22.87% | - |
| TS | Tenaris | $37.01 | $41.67 | 12.59% | Buy |
| FTI | TechnipFMC | $29.00 | $27.53 | -5.07% | Buy |
| BKR | Baker Hughes Company | $44.31 | $39.39 | -11.10% | Buy |
| WHD | Cactus | $65.29 | $54.00 | -17.29% | Hold |
| OII | Oceaneering | $27.97 | $21.00 | -24.92% | Buy |