Core Insights - SLB N.V. is a leading global oil-field services company with a market capitalization of $53.9 billion [1] Stock Performance - SLB stock has underperformed the broader market, declining 6% year-to-date and 10.2% over the past 52 weeks, while the S&P 500 Index increased by 6.3% in 2025 and 17.7% over the past year [2] - The stock has also lagged behind the Energy Select Sector SPDR Fund's 2.9% increase in 2025 and marginal gains over the past 52 weeks [3] Market Outlook - The company has indicated a downturn in upstream spending, particularly in North and Latin America, negatively impacting its outlook [4] - A soft commodity price environment, macroeconomic challenges, and weak exploration budgets have reduced demand for oil-field services, which is SLB's core business [4] Earnings Expectations - For fiscal 2025, analysts expect SLB to report an EPS of $2.89, reflecting a 15.3% year-over-year decline [5] - The company has a mixed earnings surprise history, missing bottom-line estimates once in the past four quarters but surpassing projections three times [5] Analyst Ratings - The stock holds a consensus "Strong Buy" rating, with 16 "Strong Buys," four "Moderate Buys," and three "Holds" among 23 analysts [5] - Rothschild Redburn recently initiated coverage on SLB with a "Buy" rating and a $48 price target, highlighting SLB's strategic shift towards less cyclical businesses [6] Price Targets - SLB's mean price target of $46.68 indicates a 29.5% premium to current price levels, while the highest target of $82 suggests a potential upside of 127.4% [7]