SLB Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Viewpoint - SLB N.V. is expected to report a decline in fourth-quarter earnings and revenue compared to the previous year, despite securing a significant contract with Aramco [1]. Financial Performance - Analysts predict SLB will report fourth-quarter earnings of 74 cents per share, down from 92 cents per share in the same period last year [1]. - The consensus estimate for SLB's quarterly revenue is $9.55 billion, an increase from $9.28 billion reported last year [1]. Stock Performance - SLB shares rose 1.7% to close at $49.32 on Thursday [2]. Analyst Ratings - Stifel analyst Stephen Gengaro maintained a Buy rating and raised the price target from $48 to $52 [3]. - Susquehanna analyst Bascome Majors maintained a Positive rating and increased the price target from $42 to $52 [3]. - Evercore ISI Group analyst James West upgraded the stock from In-Line to Outperform [3]. - Piper Sandler analyst Derek Podhaizer maintained an Overweight rating and raised the price target from $42 to $45 [3]. - Barclays analyst David Anderson maintained an Overweight rating but cut the price target from $48 to $47 [3].