SLB N.V. Q1 2026 Outlook Update: Lower Revenue and Additional Costs Expected

SLB N.V. (SLB) has released an update on its Q1 2026 outlook, expecting to incur additional costs, resulting in a ~6-9 cents impact on earnings per diluted share. Revenue for the quarter is expected to be lower than anticipated. Despite this, the company is confident in its global business, including the Middle East. Bernstein analyst Guillaume Delaby lifted his price objective on SLB's stock to $56.10 from $52.30, keeping an "Outperform" rating.