Weatherford (WFRD) Stock Forecast, Price Target & Predictions
WFRD Stock Forecast
Weatherford stock forecast is as follows: an average price target of $164.00 (represents a 79.18% upside from WFRD’s last price of $91.53) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
WFRD Price Target
The average price target for Weatherford (WFRD) is $164.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $184.00 to $144.00. This represents a potential 79.18% upside from WFRD's last price of $91.53.
WFRD Analyst Ratings
According to 9 Wall Street analysts, Weatherford's rating consensus is 'Buy'. The analyst rating breakdown for WFRD stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Weatherford Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 17, 2024 | Ati Modak | Goldman Sachs | $144.00 | $123.67 | 16.44% | 57.33% |
| Apr 25, 2024 | Luke Lemoine | Piper Sandler | $184.00 | $122.88 | 49.75% | 101.03% |
| Apr 08, 2024 | Luke Lemoine | Piper Sandler | $180.00 | $123.67 | 45.55% | 96.66% |
The latest Weatherford stock forecast, released on May 17, 2024 by Ati Modak from Goldman Sachs, set a price target of $144.00, which represents a 16.44% increase from the stock price at the time of the forecast ($123.67), and a 57.33% increase from WFRD last price ($91.53).
Weatherford Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $169.33 |
| Last Closing Price | $91.53 | $91.53 | $91.53 |
| Upside/Downside | -100.00% | -100.00% | 85.00% |
In the current month, the average price target of Weatherford stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Weatherford's last price of $91.53. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 25, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 15, 2024 | Piper Sandler | Buy | Buy | Hold |
| May 17, 2024 | Goldman Sachs | Buy | Buy | Hold |
| May 14, 2024 | Sandler O'Neill | Buy | Buy | Hold |
| May 14, 2024 | Citigroup | - | Buy | Initialise |
| Apr 25, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Apr 08, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 01, 2024 | Benchmark | Buy | Buy | Hold |
| Nov 10, 2023 | Bank of America Securities | - | Buy | Initialise |
| Feb 08, 2023 | Piper Sandler | Overweight | Overweight | Hold |
Weatherford's last stock rating was published by Barclays on Jul 25, 2024. The company gave WFRD a "Overweight" rating, the same as its previous rate.
Weatherford Financial Forecast
Weatherford Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $1.31B | $1.27B | $1.19B | $1.21B | $1.12B | - | $938.00M | $965.00M | $945.00M | $903.00M | $832.00M | $842.00M | $807.00M | $821.00M | $1.22B | $985.00M | $1.31B | $1.31B | $1.35B |
| Avg Forecast | $1.67B | $1.57B | $1.52B | $1.46B | $1.51B | $1.43B | $1.42B | $1.33B | $1.34B | $1.28B | $1.23B | $1.12B | $1.16B | $1.10B | $1.00B | $930.50M | $961.50M | $929.00M | $841.00M | $763.20M | $800.44M | $784.00M | $820.33M | $1.17B | $1.24B | $1.33B | $1.33B | $1.35B |
| High Forecast | $1.68B | $1.58B | $1.53B | $1.47B | $1.53B | $1.44B | $1.43B | $1.34B | $1.35B | $1.31B | $1.24B | $1.13B | $1.18B | $1.11B | $1.00B | $941.89M | $973.27M | $940.37M | $851.29M | $772.54M | $810.23M | $793.59M | $830.37M | $1.18B | $1.26B | $1.35B | $1.34B | $1.36B |
| Low Forecast | $1.64B | $1.55B | $1.50B | $1.44B | $1.49B | $1.42B | $1.40B | $1.31B | $1.32B | $1.27B | $1.21B | $1.10B | $1.15B | $1.08B | $1.00B | $918.97M | $949.59M | $917.49M | $830.58M | $753.74M | $790.52M | $774.29M | $810.17M | $1.15B | $1.23B | $1.31B | $1.31B | $1.33B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.04% | 1.06% | 1.04% | 1.02% | - | 1.01% | 1.00% | 1.02% | 1.07% | 1.09% | 1.05% | 1.03% | 1.00% | 1.04% | 0.79% | 0.99% | 0.99% | 1.00% |
Weatherford's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.34B, with a low forecast of $1.32B, and a high forecast of $1.35B. WFRD's average Quarter revenue forecast represents a 1.89% increase compared to the company's last Quarter revenue of $1.31B (Sep 23).
Weatherford EBITDA Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | $277.00M | $186.00M | $230.00M | $220.00M | $195.00M | - | $89.00M | $11.00M | $114.00M | $123.00M | $88.00M | $7.00M | $30.00M | $-397.00M | $-707.00M | $5.45B | $-646.00M | $-7.00M | $-191.00M |
| Avg Forecast | $86.29M | $81.20M | $78.53M | $75.33M | $78.22M | $73.93M | $73.51M | $45.01M | $69.25M | $66.38M | $63.48M | $40.92M | $60.20M | $102.50M | $51.97M | $37.20M | $14.19M | $93.18M | $148.39M | $39.51M | $41.43M | $40.58M | $42.46M | $60.35M | $64.34M | $68.88M | $68.59M | $69.75M |
| High Forecast | $87.19M | $82.04M | $79.35M | $76.11M | $79.04M | $74.69M | $74.27M | $54.01M | $69.77M | $67.83M | $64.14M | $49.10M | $60.82M | $123.00M | $51.97M | $44.64M | $17.02M | $111.82M | $178.07M | $39.99M | $41.94M | $41.08M | $42.98M | $61.09M | $65.13M | $69.72M | $69.43M | $70.60M |
| Low Forecast | $85.09M | $80.07M | $77.44M | $74.28M | $77.14M | $73.41M | $72.49M | $36.01M | $68.29M | $65.74M | $62.60M | $32.73M | $59.36M | $82.00M | $51.97M | $29.76M | $11.35M | $74.55M | $118.71M | $39.02M | $40.92M | $40.08M | $41.94M | $59.60M | $63.55M | $68.02M | $67.74M | $68.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | 4.17% | 2.93% | 5.62% | 3.65% | 1.90% | - | 2.39% | 0.78% | 1.22% | 0.83% | 2.23% | 0.17% | 0.74% | -9.35% | -11.72% | 84.68% | -9.38% | -0.10% | -2.74% |
3 analysts predict WFRD's average Quarter EBITDA for Dec 23 to be $69.25M, with a high of $69.77M and a low of $68.29M. This is -75.00% lower than Weatherford's previous annual EBITDA (Sep 23) of $277.00M.
Weatherford Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | $123.00M | $82.00M | $72.00M | $72.00M | $28.00M | - | $-74.00M | $-157.00M | $-95.00M | $-78.00M | $-116.00M | $-200.00M | $-174.00M | $-581.00M | $-966.00M | $5.28B | $-821.00M | $-316.00M | $-481.00M |
| Avg Forecast | $180.26M | $158.17M | $157.99M | $143.32M | $149.33M | $130.96M | $131.07M | $-43.38M | $102.73M | $86.60M | $85.21M | $-39.44M | $54.22M | $-85.42M | $-11.58M | $-35.85M | $-207.62M | $-77.65M | $-94.10M | $-88.55M | $-102.12M | $-94.55M | $-105.45M | $-112.24M | $-52.54M | $-22.41B | $-11.58B | $-12.90B |
| High Forecast | $182.69M | $160.31M | $160.12M | $145.26M | $151.34M | $134.04M | $132.84M | $-34.70M | $104.90M | $112.86M | $86.37M | $-31.55M | $54.95M | $-68.33M | $-11.58M | $-28.68M | $-166.09M | $-62.12M | $-75.28M | $-87.12M | $-100.47M | $-93.03M | $-103.75M | $-110.43M | $-51.69M | $-22.05B | $-11.39B | $-12.70B |
| Low Forecast | $177.00M | $155.31M | $155.13M | $140.73M | $146.62M | $125.56M | $128.70M | $-52.06M | $99.84M | $74.53M | $83.67M | $-47.32M | $53.23M | $-102.50M | $-11.58M | $-43.02M | $-249.14M | $-93.18M | $-112.92M | $-89.95M | $-103.74M | $-96.05M | $-107.13M | $-114.03M | $-53.38M | $-22.77B | $-11.76B | $-13.11B |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.42% | 0.96% | -1.83% | 1.33% | -0.33% | - | 2.06% | 0.76% | 1.22% | 0.83% | 1.31% | 1.96% | 1.84% | 5.51% | 8.61% | -100.48% | 0.04% | 0.03% | 0.04% |
Weatherford's average Quarter net income forecast for Dec 23 is $102.73M, with a range of $99.84M to $104.90M. WFRD's average Quarter net income forecast represents a -16.48% decrease compared to the company's last Quarter net income of $123.00M (Sep 23).
Weatherford SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | $211.00M | - | $190.00M | $203.00M | $201.00M | - | $178.00M | $187.00M | $175.00M | $188.00M | $188.00M | $186.00M | $180.00M | $223.00M | $248.00M | $185.00M | $232.00M | $247.00M | $430.00M |
| Avg Forecast | $242.38M | $228.08M | $220.59M | $211.60M | $219.73M | $207.65M | $206.48M | $96.52M | $194.52M | $186.46M | $178.32M | $87.75M | $169.09M | $157.35M | $145.98M | $79.77M | $241.15M | $143.04M | $226.81M | $110.97M | $116.38M | $113.99M | $119.28M | $169.51M | $180.74M | $193.47M | $192.68M | $195.93M |
| High Forecast | $244.90M | $230.45M | $222.88M | $213.80M | $222.01M | $209.81M | $208.63M | $115.83M | $195.98M | $190.52M | $180.17M | $105.30M | $170.85M | $188.82M | $145.98M | $95.72M | $289.38M | $171.65M | $272.18M | $112.33M | $117.81M | $115.39M | $120.74M | $171.59M | $182.95M | $195.84M | $195.03M | $198.32M |
| Low Forecast | $239.01M | $224.91M | $217.51M | $208.65M | $216.67M | $206.21M | $203.61M | $77.22M | $191.82M | $184.65M | $175.84M | $70.20M | $166.74M | $125.88M | $145.98M | $63.82M | $192.92M | $114.43M | $181.45M | $109.59M | $114.94M | $112.58M | $117.80M | $167.41M | $178.50M | $191.07M | $190.29M | $193.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.13% | - | 2.17% | 1.20% | 1.28% | - | 2.23% | 0.78% | 1.22% | 0.83% | 1.69% | 1.60% | 1.58% | 1.87% | 1.46% | 1.02% | 1.20% | 1.28% | 2.19% |
Weatherford's average Quarter SG&A projection for Dec 23 is $194.52M, based on 3 Wall Street analysts, with a range of $191.82M to $195.98M. The forecast indicates a -7.81% fall compared to WFRD last annual SG&A of $211.00M (Sep 23).
Weatherford EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | $1.70 | $1.14 | $1.00 | $1.01 | $0.39 | - | $-1.06 | $-2.24 | $-1.36 | $-1.11 | $-1.66 | $-2.87 | $-2.48 | $-8.30 | $-13.80 | $75.41 | $-0.82 | $-0.31 | $-0.48 |
| Avg Forecast | $2.39 | $2.10 | $2.10 | $1.90 | $1.98 | $1.74 | $1.74 | $1.44 | $1.36 | $1.15 | $1.13 | $0.85 | $0.72 | $0.41 | $-0.15 | $-0.52 | $-0.66 | $-0.57 | $-0.88 | $-1.20 | $-1.38 | $-1.28 | $-1.43 | $-1.52 | $-0.71 | $-302.88 | $-156.44 | $-174.37 |
| High Forecast | $2.43 | $2.13 | $2.13 | $1.93 | $2.01 | $1.78 | $1.76 | $1.46 | $1.39 | $1.50 | $1.15 | $0.86 | $0.73 | $0.41 | $-0.15 | $-0.51 | $-0.65 | $-0.57 | $-0.86 | $-1.18 | $-1.36 | $-1.26 | $-1.40 | $-1.49 | $-0.70 | $-298.00 | $-153.92 | $-171.56 |
| Low Forecast | $2.35 | $2.06 | $2.06 | $1.87 | $1.95 | $1.67 | $1.71 | $1.42 | $1.33 | $0.99 | $1.11 | $0.83 | $0.71 | $0.40 | $-0.15 | $-0.53 | $-0.67 | $-0.58 | $-0.89 | $-1.22 | $-1.40 | $-1.30 | $-1.45 | $-1.54 | $-0.72 | $-307.70 | $-158.93 | $-177.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.48% | 1.01% | 1.18% | 1.40% | 0.96% | - | 2.04% | 3.39% | 2.37% | 1.26% | 1.39% | 2.08% | 1.94% | 5.82% | 9.10% | -106.21% | 0.00% | 0.00% | 0.00% |
According to 3 Wall Street analysts, Weatherford's projected average Quarter EPS for Dec 23 is $1.36, with a low estimate of $1.33 and a high estimate of $1.39. This represents a -19.75% decrease compared to WFRD previous annual EPS of $1.70 (Sep 23).
Weatherford Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RES | RPC | $5.78 | $13.00 | 124.91% | Hold |
| VAL | Valaris | $54.38 | $98.00 | 80.21% | Buy |
| WFRD | Weatherford | $91.53 | $164.00 | 79.18% | Buy |
| TDW | Tidewater | $71.48 | $124.00 | 73.48% | Strong Buy |
| OIS | Oil States | $4.58 | $7.50 | 63.76% | Hold |
| NOV | NOV | $15.86 | $19.00 | 19.80% | Buy |
| LBRT | Liberty Energy | $19.36 | $23.11 | 19.37% | Buy |
| WHD | Cactus | $56.38 | $54.00 | -4.22% | Hold |
| OII | Oceaneering | $23.20 | $21.00 | -9.48% | Buy |
| FTI | TechnipFMC | $24.25 | $20.88 | -13.90% | Buy |
WFRD Forecast FAQ
Is Weatherford a good buy?
Yes, according to 9 Wall Street analysts, Weatherford (WFRD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of WFRD's total ratings.
What is WFRD's price target?
Weatherford (WFRD) average price target is $164 with a range of $144 to $184, implying a 79.18% from its last price of $91.53. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Weatherford stock go up soon?
According to Wall Street analysts' prediction for WFRD stock, the company can go up by 79.18% (from the last price of $91.53 to the average price target of $164), up by 101.03% based on the highest stock price target, and up by 57.33% based on the lowest stock price target.
Can Weatherford stock reach $140?
WFRD's average twelve months analyst stock price target of $164 supports the claim that Weatherford can reach $140 in the near future.
What are Weatherford's analysts' financial forecasts?
Weatherford's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $5.68B (high $5.74B, low $5.62B), average EBITDA is $270.67M (high $282.01M, low $259.04M), average net income is $367.97M (high $383.51M, low $348.83M), average SG&A $730.39M (high $756.27M, low $703.7M), and average EPS is $6.91 (high $7.02, low $6.74). WFRD's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.21B (high $6.27B, low $6.12B), average EBITDA is $321.35M (high $324.69M, low $316.88M), average net income is $639.75M (high $648.38M, low $628.16M), average SG&A $902.65M (high $912.02M, low $890.08M), and average EPS is $8.5 (high $8.61, low $8.34).
Did the WFRD's actual financial results beat the analysts' financial forecasts?
Based on Weatherford's last annual report (Dec 2023), the company's revenue was $5.14B, beating the average analysts forecast of $4.97B by 3.40%. Apple's EBITDA was $820M, beating the average prediction of $240.03M by 241.62%. The company's net income was $417M, beating the average estimation of $235.1M by 77.37%. Apple's SG&A was $804M, beating the average forecast of $647.05M by 24.26%. Lastly, the company's EPS was $5.79, beating the average prediction of $4.49 by 28.85%. In terms of the last quarterly report (Sep 2023), Weatherford's revenue was $1.31B, beating the average analysts' forecast of $1.28B by 2.39%. The company's EBITDA was $277M, beating the average prediction of $66.38M by 317.29%. Weatherford's net income was $123M, beating the average estimation of $86.6M by 42.04%. The company's SG&A was $211M, beating the average forecast of $186.46M by 13.16%. Lastly, the company's EPS was $1.7, beating the average prediction of $1.15 by 47.83%