SLB Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
SLB N.V. (NYSE:SLB) will release its second quarter earnings report before the opening bell on Friday, July 24.
Analysts expect the Houston, Texas-based company to report quarterly earnings of 52 cents per share, down from 74 cents per share in the year-ago period. The consensus estimate for SLB quarterly revenue is $8.68 billion. It reported $8.55 billion last year, according to Benzinga Pro.
On July 14, SLB announced an agreement with Liberty Energy Inc. (NYSE:LBRT) to form a strategic alliance for data center infrastructure and power.
SLB shares fell 0.9% to close at $47.22 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Barclays analyst David Anderson maintained an Overweight rating and slashed the price target from $66 to $64 on July 16, 2026. This analyst has an accuracy rate of 69%.
- Raymond James analyst James Rollyson maintained an Outperform rating and cut the price target from $62 to $61 on July 10, 2026. This analyst has an accuracy rate of 64%.
- Susquehanna analyst Bascome Majors maintained a Positive rating and lowered the price target from $65 to $55 on July 8, 2026. This analyst has an accuracy rate of 69%.
- UBS analyst Josh Silverstein maintained a Buy rating and cut the price target from $69 to $66 on July 1, 2026. This analyst has an accuracy rate of 60%.
- TD Cowen analyst Mark Bianchi maintained a Buy rating and slashed the price target from $66 to $62 on July 1, 2026. This analyst has an accuracy rate of 62%.
Considering buying SLB stock? Here’s what analysts think:
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