DailyIQ
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Sector:EnergyAll sectors
Last updated 4 minutes ago

SLB·Schlumberger Limited

$.
+. (+.%)
After Hours
High
$46.73
Open
$46.16
Market Cap
70.06B
52W High
$58.82
Low
$45.18
P. Close
$46.39
P/E
21.04
52W Low
$31.64
Fwd P/E
89.45
DailyIQ Est.
$63.79
Technical Score (1D)
32
SELL
News Sentiment
50
MIXED
SLB shares slipped 1.28 % today, trailing the S&P 500 and marking a 2.29 % monthly decline that falls short of the Business Services sector’s gains. Analysts now expect the July 24 earnings to show a 31 % year‑over‑year drop in EPS to $0.51, with revenue rising modestly 1.9 % to $8.71 billion, signalling potential margin pressure and a need to justify the current valuation. Capital One has lowered its price target to $64 from $65 and trimmed the mean target to $61.29, keeping an overweight rating but reflecting caution over commodity volatility and cost structure, which will be clarified in the earnings release. Earlier this week, SLB acquired Sulzer’s VIEC technology to strengthen mature‑field recovery solutions and expand its high‑margin asset portfolio, a move that could improve efficiency and reduce costs. The real benefit of the acquisition will hinge on integration progress and realized synergies, which traders should watch in the next quarter. Analysts also warn that the ongoing Iran conflict is likely to curtail drilling activity and raise operating costs for SLB, adding further earnings pressure. For the next 1–10 trading days, focus on the earnings guidance for cost and production metrics, the timeline for VIEC integration, and any shifts in oil price dynamics that could amplify the war’s impact.
Earnings Summary
SLB Limited, formerly Schlumberger, is a global technology provider for the energy sector, delivering digital solutions, reservoir optimization, well construction, and production systems across the entire oil and gas lifecycle. Operating through four key divisions, the company leverages advanced technologies such as AI‑driven autonomous drilling to enhance efficiency for energy producers worldwide. In the most recent two quarters, SLB reported EPS of $0.78 in Q4 2025 and $0.52 in Q1 2026, both beating analyst estimates of $0.606 and $0.517 respectively, but the earnings fell from the $0.74 and $0.69 reported in Q2 and Q3 2025, indicating a modest decline in profitability. Revenue also slipped from $9.745 billion in Q4 2025 to $8.721 billion in Q1 2026, down from $8.546 billion in Q2 2025 and $8.928 billion in Q3 2025, reflecting a slight contraction after a year‑over‑year increase from the $9.284 billion reported in Q4 2024. Historically, SLB has posted a strong earnings beat record, with five of the last six quarters exceeding expectations, and revenue growth has generally trended upward despite occasional quarterly dips. Recent analyst coverage highlights heightened market focus on SLB’s digital platform, with Barclays and Morgan Stanley trimming price targets to $64 and $54 respectively while maintaining overweight ratings, underscoring a cautious near‑term outlook amid oil‑price sensitivity. The partnership with Liberty Energy to supply modular AI data‑center power and the multi‑well EPC contract for the Baleine Phase 3 development are material developments that could diversify revenue streams and reinforce offshore growth. Investors should watch for the company’s next earnings guidance, oil‑price movements, and any regulatory updates on the autonomous drilling program, as these factors will shape SLB’s near‑term revenue trajectory and valuation.

EPS

EstBeatMiss
$0.48$0.56$0.65$0.73$0.82Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.52 - -
Q1'26$0.52$0.52+0.5%
Q4'25$0.61$0.78+28.6%
Q3'25$0.66$0.69+4.0%
Q2'25$0.73$0.74+1.7%
Q1'25$0.73$0.72-1.3%

Revenue

EstBeatMiss
$8.3B$8.7B$9.1B$9.5B$9.9BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$8.8B - -
Q1'26$8.7B$8.7B+0.7%
Q4'25$8.9B$9.7B+9.7%
Q3'25 - $8.9B -
Q2'25 - $8.5B -
Q1'25 - $8.5B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

SLB Stock Snapshot

SLB is currently trading at $46.55, giving Schlumberger Limited a market cap of 70.06B and a P/E ratio of 21.0. Today's range spans $45.18–$46.73, with shares opening at $46.16 and moving up $0.16 (0.3%) from the prior close. DailyIQ's technical score sits at 32/100 (SELL) with a news sentiment reading of 50/100.

Over the past year SLB has traded between $31.64 and $58.82 - the current price is +47.1% off the 52-week low and -20.9% from the high. 34 analysts cover the stock with a Buy consensus and a mean 12-month target of $60.97 (range $40.00–$71.00), implying upside of +31.0%.

SLB is showing a SELL signal (32/100) with neutral sentiment (50/100). Price: $46.55 (in the middle of its 52-week range within $31.64–$58.82). (P/E: 21.0) At 70.06B in Energy market cap, a bearish technical read accompanied by negative sentiment often marks the beginning of an earnings revision cycle downward - active managers trim before the revisions become consensus, compounding the selling pressure.

Analyst coverage for SLB becomes a double-edged factor in a SELL phase: at 70.06B in Energy market cap, active coverage is high enough that downgrade risk is real and impactful. The 32/100 technical reading and neutral sentiment (50/100) at $46.55 (in the middle of its 52-week range) place the stock in the zone where one or two high-profile estimate cuts can convert a grinding decline into a sharper re-rating — the $31.64–$58.82 range establishes where that repricing lands.