Schlumberger Limited (SLB), based in Houston, provides technology for the energy sector. With a market cap of $47.3 billion, it’s a major player in oilfield services globally, serving oil and gas explorers and producers.

Despite being a large-cap stock, SLB has dropped 22% from its 52-week high but gained 8.3% in the past three months. However, it has underperformed the Nasdaq Composite’s 11.6% surge during the same period.

Over the long term, SLB’s stock prices have declined 6.1% YTD and 12.9% over the past 52 weeks, underperforming the NASX’s upticks in 2025 and over the past year.

SLB’s stock prices fell 3.9% after releasing mixed Q2 results. While financials improved from Q1, they were lackluster year-over-year. The company’s topline dropped 6.5% YoY to $8.5 billion, and adjusted EPS fell 12.9% YoY to $0.74.

Despite initial drops, SLB’s aggregated operating cash flows of Q1 and Q2 increased 2.2% YoY to $1.8 billion. However, SLB has underperformed Baker Hughes Company’s gains in 2025 and over the past 52 weeks.

Analysts still rate SLB a consensus “Moderate Buy,” with a mean price target of $47.39, suggesting a 31.6% upside potential from current levels. Aditya Sarawgi did not have positions in any mentioned securities, and the information is for informational purposes only.

Read more at Yahoo Finance: Is Schlumberger Stock Underperforming the Nasdaq?