DailyIQ
|
Sector:EnergyAll sectors
Last updated 3 minutes ago

SLB·Schlumberger Limited

$.
-. (-.%)
High
$47.78
Open
$47.24
Market Cap
70.27B
52W High
$58.82
Low
$46.98
P. Close
$47.55
P/E
21.11
52W Low
$31.64
Fwd P/E
14.42
DailyIQ Est.
$64.10
Technical Score (1D)
41
SELL
News Sentiment
74
BULLISH
Barclays and Morgan Stanley both trimmed SLB’s price target from $66 to $64 and $57 to $54 respectively, reflecting a modest reassessment of the company’s near‑term earnings outlook. The cuts come despite the firms keeping an overweight rating, indicating that analysts still see upside potential but are slightly more cautious about short‑term profitability. The downward revision signals that earnings expectations for the next quarter may be lower than previously projected, which could dampen investor enthusiasm in the immediate trading window. This change is likely to prompt traders to re‑evaluate SLB’s valuation relative to its peers and adjust their positions ahead of the upcoming earnings announcement. In addition, SLB’s newly announced partnership with Liberty Energy to supply modular AI data‑center power introduces a new revenue stream that could offset the earnings dip if the project scales quickly. The partnership’s focus on faster deployment and scalable solutions suggests that SLB may accelerate capital allocation toward data‑center infrastructure in the coming months. Consequently, market participants should monitor SLB’s guidance on capital spending and any updates on deployment milestones to gauge whether the partnership will materially lift earnings. Simultaneously, traders should keep an eye on oil price movements, as SLB’s core oil‑field services remain sensitive to commodity volatility. The combination of a modest earnings outlook revision and a potentially growth‑driven data‑center partnership creates a nuanced view of SLB’s near‑term prospects. Therefore, the next 1–10 trading days will be shaped by earnings expectations, oil price trends, and the pace at which the data‑center partnership materializes.
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, positioning it as a key partner for energy companies worldwide. In the most recent reporting cycle, SLB’s Q4 2025 earnings surpassed expectations with an EPS of $0.78 versus an estimate of $0.61 and revenue of $9.75 billion against a $8.88 billion forecast, while Q1 2026 continued the trend of beating estimates with an EPS of $0.52 versus $0.52 and revenue of $8.72 billion versus $8.66 billion; however, both EPS and revenue declined from the prior two quarters (Q2 2025 EPS $0.74, Q3 2025 EPS $0.69, Q4 2025 EPS $0.78, Q1 2026 EPS $0.52; Q2 2025 revenue $8.55 billion, Q3 2025 revenue $8.93 billion, Q4 2025 revenue $9.75 billion, Q1 2026 revenue $8.72 billion), indicating a deceleration in growth momentum. Historically, SLB has maintained a streak of earnings beats, with EPS exceeding estimates in each quarter from Q4 2024 through Q1 2026, while revenue growth was positive in Q4 2025 (+5.9% YoY) but turned negative in Q1 2026 (-10.7% YoY), underscoring a mixed trajectory in top‑line performance. Recent news highlights the award of a multi‑well EPC contract for the Baleine Phase 3 offshore development, which is expected to add significant work to SLB’s subsea backlog and could support future revenue, alongside a strategic alliance with Liberty Energy to deliver modular data‑center infrastructure that may diversify revenue streams; however, analyst price target cuts by BMO, Raymond James, and others signal caution amid volatile oil prices and uncertainty around the new contract’s execution. Investors should watch for SLB’s next earnings guidance on backlog growth, data‑center service revenue, and cost‑control initiatives, as these factors will clarify whether the company can sustain its earnings beats while navigating the cyclical nature of the energy market.

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
→

Market Data

SLB Stock Snapshot

SLB is currently trading at $47.05, giving Schlumberger Limited a market cap of 70.27B and a P/E ratio of 21.1. Today's range spans $46.98–$47.78, with shares opening at $47.24 and moving down $0.50 (1.1%) from the prior close. DailyIQ's technical score sits at 41/100 (HOLD) with a news sentiment reading of 74/100.

Over the past year SLB has traded between $31.64 and $58.82 - the current price is +48.7% off the 52-week low and -20.0% from the high. 34 analysts cover the stock with a Buy consensus and a mean 12-month target of $61.28 (range $40.00–$71.00), implying upside of +30.2%.

Systematic models flag SLB as a hold in the current environment - large-cap, Energy, 70.27B market cap, 41/100 (HOLD), sentiment bullish at 74/100. Price: $47.05 (in the middle of its 52-week range). The current P/E ratio stands at 21.1. Quant strategies at this size tier typically shift allocation toward higher-momentum names during neutral phases, but maintain a base position given the structural liquidity that prevents disorderly exits. Annual range: $31.64–$58.82.

In neutral phases, large-cap Energy names like SLB are often where sector rotation debates play out quietly — at 70.27B in capitalization, the stock receives incremental allocation from funds reducing mega-cap exposure without the volatility of a small-cap entry. The 41/100 (HOLD) and bullish sentiment (74/100) at $47.05 (in the middle of its 52-week range) describe a stock that is being considered rather than avoided.