
Halliburton (HAL) Stock Forecast & Price Target
Halliburton (HAL) Analyst Ratings
Bulls say
Halliburton, as North America's largest oilfield-services company, maintains a robust market share, particularly in the hydraulic fracturing and completions market, which is a significant contributor to its revenue. The company has demonstrated strong performance in its Completion and Production segment, evidenced by a quarter-over-quarter increase in revenue and the achievement of the highest margins of the year despite low U.S. fracturing activity. Looking ahead, Halliburton is projected to generate $1.8 billion in free cash flow by 2026, reflecting a 6% year-over-year growth, underpinned by potential catalysts such as improved commodity prices and stronger service pricing which could further bolster its financial performance.
Bears say
Halliburton's financial outlook for 1Q26 indicates a projected revenue of $5.3-5.4 billion, reflecting a 6% quarter-over-quarter decline at the mid-point, alongside an anticipated adjusted EBITDA of $980-1,010 million, which represents a 14% decrease quarter-over-quarter. Additionally, both the Completion and Production (C&P) revenue and Drilling and Evaluation (D&E) revenue are expected to decline, with C&P forecasts suggesting a decrease of 7% to 9% and a significant drop in operating margins by 300 basis points. Overall, Halliburton's revenue for FY26 is projected to experience a decline in North America, compounded by rising corporate expenses and increased net interest expenses, leading to a negative financial forecast.
This aggregate rating is based on analysts' research of Halliburton and is not a guaranteed prediction by Public.com or investment advice.
Halliburton (HAL) Analyst Forecast & Price Prediction
Start investing in Halliburton (HAL)
Order type
Buy in
Order amount
Est. shares
0 shares