Schlumberger Limited (SLB) Stock Price Prediction

Target vs 52-Week Range

SLB Limited, formerly Schlumberger, is a leading energy technology company that provides digital solutions and technologies to the global energy industry. The company holds a premier market position, with over three-fourths of its revenue generated from international markets. SLB is scheduled to report its Q3 2026 earnings on October 23rd, with analysts anticipating EPS of $0.6180 and revenue of $9.27 billion. Historically, SLB has consistently surpassed earnings and revenue estimates. Its digital business is a significant growth driver, contributing substantially to revenue and EBITDA, and is supported by a large and expanding Total Addressable Market (TAM) with considerable R&D investment. Despite facing cyclicality and geopolitical risks inherent in the oilfield services sector, SLB maintains strong financial health.

SLB is currently trading below its 200-day simple moving average and has experienced a decline of -0.56% in the past 24 hours and -10.32% over the last month. Most moving averages indicate a 'Strong Sell' outlook, with the stock showing a strongly bearish trend and slight selling pressure. The 14-day Relative Strength Index (RSI) generally suggests a 'Neutral' stance, although some indicators show strong negative momentum with RSI below 30, potentially signaling oversold conditions. The stock has broken the floor of its medium-term rising trend channel, suggesting a weaker growth rate, and has identified support at $45.00 and resistance at $52.00.

The AI price target for SLB is $63.80. Analyst sentiment for Schlumberger is generally positive, with a consensus rating of 'Strong Buy' or 'Buy' from a range of 15 to 29 analysts over the past 3 to 12 months. The average analyst price target is around $61.37 to $63.80, with individual targets ranging from a low of $38.00 to a high of $75.00. For the upcoming quarter, analysts forecast sales of $9.27 billion and an EPS of $0.62. The company has a history of beating its sales and EPS estimates in the past 12 months. ExxonMobil's upstream production is guided to grow through 2030, which could indirectly benefit oilfield service providers like SLB.