Schlumberger Ltd. (SLB) is a major global oil-field services company with a market cap of $53.9 billion. However, SLB stock has fallen 6% YTD and 10.2% over the past year, underperforming the S&P 500 Index. The company is facing challenges due to a downturn in upstream spending in North and Latin America, impacting its outlook. Analysts expect SLB to deliver an EPS of $2.89 for fiscal 2025, down 15.3% year-over-year. Despite these challenges, SLB holds a consensus “Strong Buy” rating from analysts, with a mean price target of $46.68 and high target of $82.
Read more at Barchart: Is Wall Street Bullish or Bearish on SLB N.V. Stock?
