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

OverviewRevenueOwnershipFinancialsChartTranscripts

HAL Stock Forecast

Halliburton Company stock forecast is as follows: an average price target of $43.63 (represents a 68.00% upside from HAL’s last price of $25.97) 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 $43.63 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $37.00. This represents a potential 68.00% upside from HAL's last price of $25.97.

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%50.17%
Sep 24, 2024Lloyd ByrneJefferies$46.00$29.9753.49%77.13%
Sep 13, 2024Sector PerformRBC Capital$37.00$28.0232.05%42.47%
Jul 23, 2024David AndersonBarclays$48.00$33.3943.76%84.83%
Jul 22, 2024Stephen GengaroStifel Nicolaus$45.00$33.3934.77%73.28%
Jul 22, 2024Charles MinervinoSusquehanna$46.00$34.0235.21%77.13%
Jul 22, 2024James WestEvercore ISI$48.00$33.9941.22%84.83%
Jul 22, 2024Luke LemoinePiper Sandler$40.00$34.4016.28%54.02%
Jul 22, 2024Keith MackeyRBC Capital$44.00$34.4027.91%69.43%
Jul 19, 2024James WestEvercore ISI$52.00$34.4051.16%100.23%
Apr 23, 2024Sam MargolinWolfe Research$52.00$38.7934.06%100.23%
Jul 20, 2023Praveen NarraRaymond James$49.00$37.0132.40%88.68%
Jul 30, 2022Christopher VoieWells Fargo$33.00$29.3012.63%27.07%
Apr 29, 2022David AndersonBarclays$50.00$35.6240.37%92.53%
Apr 28, 2022Abhishek KumarHSBC$41.60$35.9415.75%60.18%
Apr 25, 2022Keith MackeyRBC Capital$49.00$35.1639.36%88.68%
Apr 20, 2022Charles MinervinoSusquehanna$48.00$39.6021.21%84.83%
Apr 20, 2022Citigroup$48.00$39.8920.33%84.83%
Apr 20, 2022Stephens$40.00$39.471.34%54.02%
Apr 11, 2022Stephen GengaroStifel Nicolaus$42.00$39.067.53%61.73%
Apr 11, 2022Connor LynaghMorgan Stanley$45.00$39.0615.21%73.28%
Jan 25, 2022Keith MackeyRBC Capital$34.00$30.5911.15%30.92%
Jan 25, 2022Marc BianchiCowen & Co.$35.00$30.4814.83%34.77%
Jan 25, 2022Tommy MollStephens$38.00$30.4824.67%46.32%
Jan 25, 2022Phillip JungwirthBMO Capital$32.00$30.484.99%23.22%
Jan 03, 2022Kevin SimpsonGriffin$32.00$23.9033.89%23.22%
Nov 19, 2021Douglas BeckerBenchmark Co.$31.00$21.9241.42%19.37%
Oct 20, 2021David AndersonBarclays$36.00$26.3136.83%38.62%
Oct 20, 2021Bill SeleskyArgus Research$32.00$26.3121.63%23.22%
Oct 12, 2021Vaibhav VaishnavCoker Palmer$24.00$24.36-1.48%-7.59%
Aug 05, 2021Abhishek KumarHSBC$18.20$19.33-5.85%-29.92%
Jul 21, 2021Ian MacphersonPiper Sandler$25.50$20.6123.73%-1.81%
Jul 21, 2021Nick KonstantakisBNP Paribas$23.00$20.6111.60%-11.44%
Jul 21, 2021Neil MehtaGoldman Sachs$26.00$20.6126.15%0.12%

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 50.17% increase from HAL last price ($25.97).

Halliburton Company Price Target by Period

1M3M12M
# Anlaysts-211
Avg Price Target-$42.50$45.18
Last Closing Price$25.97$25.97$25.97
Upside/Downside-100.00%63.65%73.97%

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 $25.97. 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 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, 2024SusquehannaUnderperformUnderperformHold
Aug 20, 2024UBSBuyBuyHold
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, 2024Wells FargoBuyBuyHold
Jun 28, 2024SusquehannaUnderperformUnderperformHold
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 Company's last stock rating was published by UBS on Dec 09, 2024. The company Downgrade its HAL rating from "Sector Perform" to "Neutral".

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$6.41B$6.36B$6.26B$6.09B$6.22B$6.23B$6.05B$5.88B$6.05B$6.01B$5.91B$5.74B$5.94B$5.84B$5.75B$5.61B$5.66B$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$6.77B$6.72B$6.61B$6.43B$6.57B$6.58B$6.39B$6.21B$6.39B$6.35B$6.24B$6.07B$6.27B$6.17B$6.07B$5.66B$5.68B$5.84B$5.95B$5.67B$5.81B$5.96B$6.18B$5.80B$5.90B$5.34B$4.71B$4.20B$4.09B$3.89B
Low Forecast$6.21B$6.16B$6.06B$5.90B$6.03B$6.03B$5.86B$5.69B$5.86B$5.82B$5.72B$5.56B$5.75B$5.65B$5.57B$5.51B$5.63B$5.81B$5.95B$5.67B$5.73B$5.75B$5.67B$5.32B$5.41B$5.34B$4.71B$4.20B$4.09B$3.89B
# Analysts5555666699995551214974920101099991010
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
# Analysts5555666699995551214974920101099991010
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$618.57M$619.13M$601.39M$584.30M$601.24M$597.34M$587.39M$571.03M$589.94M$580.28M$571.26M$557.22M$562.11M$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$673.19M$667.88M$656.76M$639.28M$653.23M$653.82M$635.09M$617.04M$634.92M$630.81M$620.30M$603.02M$623.00M$612.80M$603.26M$562.13M$564.10M$580.76M$591.08M$971.00M$577.67M$592.86M$614.00M$882.73M$936.73M$528.56M$465.54M$802.48M$404.51M$385.05M
Low Forecast$617.48M$612.61M$602.41M$586.38M$599.18M$599.71M$582.53M$565.98M$582.38M$578.61M$568.97M$553.12M$571.44M$562.09M$553.34M$547.39M$559.12M$577.67M$591.08M$647.34M$569.72M$571.33M$563.19M$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 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
# Analysts5555666699995551214974920101099991010
Net Income--------------------$661.00M-$950.00M$651.00M$656.00M$544.00M$109.00M$263.00M$827.00M$236.00M
Avg Forecast----$740.04M$766.47M$713.61M$660.75M$784.27M$776.63M$742.34M$692.12M$727.94M$693.36M$662.01M$620.80M$618.06M$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----$793.94M$822.30M$765.59M$708.88M$841.39M$833.20M$796.41M$742.53M$780.95M$743.87M$710.23M$655.29M$626.88M$670.17M$704.73M$370.64M$709.36M$703.29M$705.76M$336.95M$1.02B$497.52M$396.83M$306.32M$301.81M$243.92M
Low Forecast----$709.87M$735.22M$684.52M$633.81M$752.29M$744.96M$712.08M$663.90M$698.26M$665.10M$635.02M$577.69M$592.86M$657.29M$704.61M$247.10M$683.09M$650.54M$631.03M$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
# Analysts5555666699995551214974920101099991010
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$74.68M$74.75M$72.61M$70.54M$72.59M$72.12M$70.92M$68.94M$71.23M$70.06M$68.97M$67.27M$67.86M$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$81.28M$80.64M$79.29M$77.18M$78.87M$78.94M$76.68M$74.50M$76.66M$76.16M$74.89M$72.80M$75.22M$73.99M$72.83M$67.87M$68.11M$70.12M$71.36M$73.28M$69.74M$71.58M$74.13M$66.62M$73.30M$64.11M$56.47M$60.56M$49.07M$46.71M
Low Forecast$74.55M$73.96M$72.73M$70.80M$72.34M$72.41M$70.33M$68.33M$70.31M$69.86M$68.69M$66.78M$68.99M$67.86M$66.81M$66.09M$67.50M$69.74M$71.36M$48.86M$68.78M$68.98M$68.00M$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 $68.00M to $74.13M. 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
# Analysts5555666699995551214974920101099991010
EPS--------------------$0.74-$1.05$0.72$0.72$0.60$0.12$0.29$0.92$0.26
Avg Forecast----$0.84$0.87$0.81$0.75$0.89$0.88$0.84$0.79$0.83$0.79$0.75$0.70$0.70$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----$0.90$0.93$0.87$0.80$0.96$0.95$0.90$0.84$0.89$0.84$0.81$0.74$0.71$0.76$0.80$0.74$0.81$0.80$0.80$0.72$0.72$0.56$0.45$0.34$0.34$0.28
Low Forecast----$0.81$0.83$0.78$0.72$0.85$0.85$0.81$0.75$0.79$0.75$0.72$0.66$0.67$0.75$0.80$0.74$0.78$0.74$0.72$0.64$0.64$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
WFRDWeatherford$71.62$142.0098.27%Buy
TDWTidewater$52.54$96.0082.72%Buy
XPROExpro Group$11.09$18.0062.31%Buy
HALHalliburton Company$27.19$43.6360.46%Buy
SLBSchlumberger$38.93$60.4055.15%Buy
NOVNOV$14.56$22.0051.10%Buy
VALValaris$43.09$62.0043.88%Buy
CHXChampionX$27.54$38.3339.18%Buy
DNOWNOW$13.80$18.0030.43%
FTITechnipFMC$29.96$34.5015.15%Buy
TSTenaris$38.13$42.0010.15%Buy
BKRBaker Hughes Company$41.41$44.507.46%Buy
WHDCactus$61.48$54.00-12.17%Hold
OIIOceaneering$25.29$21.00-16.96%Buy

HAL Forecast FAQ

Is Halliburton Company a good buy?

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.

What is HAL's price target?

Halliburton Company (HAL) average price target is $43.63 with a range of $37 to $48, implying a 68.00% from its last price of $25.97. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Halliburton Company stock go up soon?

According to Wall Street analysts' prediction for HAL stock, the company can go up by 68.00% (from the last price of $25.97 to the average price target of $43.63), up by 84.83% based on the highest stock price target, and up by 42.47% based on the lowest stock price target.

Can Halliburton Company stock reach $40?

HAL's average twelve months analyst stock price target of $43.63 supports the claim that Halliburton Company can reach $40 in the near future.

What are Halliburton Company's analysts' financial forecasts?

Halliburton Company's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $24.38B (high $25.75B, low $23.62B), average EBITDA is $2.42B (high $2.56B, low $2.35B), average net income is $2.88B (high $3.09B, low $2.76B), average SG&A $292.59M (high $308.98M, low $283.41M), and average EPS is $3.27 (high $3.51, low $3.14). HAL's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $25.12B (high $26.53B, low $24.34B), average EBITDA is $2.5B (high $2.64B, low $2.42B), average net income is $0 (high $0, low $0), average SG&A $301.49M (high $318.39M, low $292.04M), and average EPS is $0 (high $0, low $0).

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

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 $2.47B by 65.10%. The company's net income was $2.64B, beating the average estimation of $2.32B by 13.90%. 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 $574.69M by 84.10%. Halliburton Company's net income was $661M, missing the average estimation of $700.61M by -5.65%. 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%