RBC Capital reiterates Buy rating on Schlumberger Limited with $48 price target

From Yahoo Finance: 2025-06-30 11:31:00

Schlumberger Limited (NYSE: SLB) was named one of the 11 Best Strong Buy Stocks to Invest in Now, with an optimistic Buy rating and a $48.00 price target set by RBC Capital analyst Keith Mackey. Despite a 3% drop in revenue and a 22% decrease in GAAP EPS, cash flow from operations rose $333 million year-over-year to $660 million.

Schlumberger Limited (NYSE: SLB) operates in various energy technology sectors, including Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. While SLB offers investment potential, some AI stocks may offer greater upside and less risk. For undervalued AI stocks with potential from Trump-era tariffs, check out the best short-term AI stock in a free report.

Schlumberger (SLB) experienced a 5.89% drop in response to an Israel-Iran ceasefire. The company remains optimistic despite revenue and EPS decreases, with an increase in cash flow from operations. Look into potential investments and trends with reports on The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Read more: RBC Capital Maintains a Buy Rating on Schlumberger Limited (SLB) With a $48 PT