Jefferies Adjusts SLB Price Target to $51 Amidst Market Challenges, Maintains Buy Rating

Jefferies analyst Lloyd Byrne has reduced SLB's price target from $53 to $51, maintaining a Buy rating. The company faces market challenges in Saudi Arabia and Mexico but shows positive trends in other regions. The average target price is $45.86, implying a 29.30% upside from the current price. The average brokerage recommendation is 1.8, indicating an "Outperform" status. The estimated GF Value for SLB in one year is $57.72, suggesting a 62.73% upside from the current price.

Jefferies analyst Lloyd Byrne has revised the price target for Schlumberger Limited (SLB) from $53 to $51, while maintaining a Buy rating on the stock. This adjustment follows the evaluation of the company's performance in the second quarter. Significant oilfield service markets, particularly in Saudi Arabia and Mexico, are experiencing difficulties that are weighing down the overall growth potential. Despite these challenges, other regions are displaying positive trends. Jefferies' analysis reflects the complexities faced by SLB in navigating these mixed conditions. The stock remains a recommendation for potential investors amidst ongoing sectoral headwinds.

Based on the one-year price targets offered by 26 analysts, the average target price for SLB is $45.86, with a high estimate of $63.00 and a low estimate of $36.00. The average target implies an upside of 29.30% from the current price of $35.47 [1].

According to the consensus recommendation from 29 brokerage firms, SLB's average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell [1].

GuruFocus estimates the GF Value for SLB in one year to be $57.72, suggesting a 62.73% upside from the current price of $35.47. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance [1].

Schlumberger's recent earnings report revealed a quarterly EPS of $0.74, exceeding analysts' expectations, despite a year-over-year revenue decline of 6.5%. The company has announced a quarterly dividend of $0.285 per share, representing an annualized dividend yield of 3.21%, with the payout scheduled for October 9th [2].

Horan Capital Advisors LLC. acquired a new stake in Schlumberger Limited (NYSE:SLB) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 61,312 shares of the oil and gas company's stock, valued at approximately $2,563,000 [2].

Several other hedge funds and institutional investors have also recently bought and sold shares of SLB. First Command Advisory Services Inc. raised its position in shares of Schlumberger by 300.0% in the 1st quarter. Alpine Bank Wealth Management acquired a new position in Schlumberger during the first quarter valued at approximately $34,000. True Wealth Design LLC increased its stake in Schlumberger by 584.7% in the fourth quarter. Park Square Financial Group LLC bought a new stake in Schlumberger in the first quarter valued at approximately $38,000. Finally, Mpwm Advisory Solutions LLC bought a new position in shares of Schlumberger during the fourth quarter worth $40,000 [2].

References:
[1] https://www.gurufocus.com/news/3007382/jefferies-adjusts-price-target-for-slb-amid-market-challenges
[2] https://www.marketbeat.com/instant-alerts/filing-horan-capital-advisors-llc-invests-256-million-in-schlumberger-limited-nyseslb-2025-07-27/