SLB N.V. (NYSE:SLB) saw a 2.57% surge in share price from December 5 to December 12, 2025, making it one of the Energy Stocks that Gained the Most This Week.
On December 11, SLB N.V. (NYSE:SLB) signed a strategic collaboration agreement with Shell plc (NYSE:SHEL) to develop AI-driven digital solutions to enhance performance and efficiency in the upstream sector.
UBS recently raised SLB N.V.’s price target from $44 to $50 on December 12, maintaining a ‘Buy’ rating on the stock due to a positive outlook on the energy sector next year.
Analysts from Citi, TD Cowen, and Bernstein also raised their price targets on SLB N.V. (NYSE:SLB) on December 11, contributing to bullish sentiment around the stock.
While SLB shows promise as an investment, there are AI stocks with potentially greater upside and lower risk.
No disclosures were made in relation to the news.
Read more at Yahoo Finance: SLB Signs Strategic Collaboration Agreement with Shell
