
Schlumberger (SLB) Stock Forecast & Price Target
Schlumberger (SLB) Analyst Ratings
Bulls say
SLB, recognized as a leading oilfield services company with a strong competitive position in various differentiated oligopolies, is experiencing growing customer traction, particularly with its Digital manufacturing facility in Shreveport, Louisiana. The company's strategic focus on its core, digital, and new energy businesses has resulted in approximately $3 billion in digital-related revenue, highlighting its commitment to innovation and growth. Furthermore, SLB's current valuation, represented by an 8x multiple, reflects a premium compared to industry averages, driven by its high-graded portfolio and anticipated expansion in its data center exposure, which is projected to be a significant growth driver in the latter half of 2025 and beyond.
Bears say
SLB has experienced a recent decline in its stock price, with a 2% drop over two days, underperforming the OIH index by 180 basis points, largely attributed to uncertainty surrounding potential tariff impacts on its 2H25 outlook. The company's management has acknowledged that increased tariffs and rising OPEC+ production are expected to negatively influence the market, leading to a projected decline in global upstream spending for 2025 compared to 2024. Despite ambitions to achieve 25% EBITDA margins by 2025, management recognizes that tariffs present a significant headwind to achieving this target.
This aggregate rating is based on analysts' research of Schlumberger and is not a guaranteed prediction by Public.com or investment advice.
Schlumberger (SLB) Analyst Forecast & Price Prediction
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