Halliburton Fair Value Estimate Edges Up to $44.24 as Analysts Revise Price Targets

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โดย Simply Wall St·Read original
Summary · why it matters

Halliburton's fair value estimate has been modestly raised from $43.68 to $44.24, reflecting updated revenue growth and discount rate assumptions. The revision comes as multiple Wall Street firms, including Citi, Jefferies, Morgan Stanley, Stifel, JPMorgan, Barclays, UBS, Susquehanna, BMO Capital and Piper Sandler, have issued higher price targets for the stock, with Citi lifting its target to $52 from $47 and maintaining a Buy rating. Barclays was the only firm to lower its target, trimming it by $1, signaling a more cautious stance. The company also reported first-quarter results that exceeded consensus on revenue, EPS, and EBITDA, with revenue 1.9% above analyst expectations and the stock rising 7.1% after the release. Additionally, Halliburton signed a multi-year digital transformation agreement with Pampa Energía for unconventional operations in Argentina's Vaca Muerta shale, and entered a strategic collaboration with PETRONAS Suriname Exploration & Production and Valaris to support offshore Suriname assets.

Impact on stocks 11

Energy · 2 stocks
Halliburton Company
HAL
▲ PositiveCapitalDemandrelevance

Multiple analysts raised price targets and Q1 results beat consensus on revenue, EPS, and EBITDA.

Digital Finance & Tokenization · 2 stocks
Utilities · 1 stocks

Off-coverage companies 2

PetronasPrivate± Mixed
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Susquehanna International GroupPrivate± Mixed
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