Stifel Reiterates Buy Rating on SLB N.V.
Stifel maintains its buy rating for SLB N.V., setting a price target of $64, a 38.93% upside from the current price.
Key Points
- Stifel analyst Stephen Gengaro reiterated a buy rating on SLB N.V. with a $64 price target on June 18, 2026.
- Stifel's $64 price target implies 38.93% upside from SLB N.V.'s ($SLB) current $46.06 share price.
- SLB N.V. shares are trading around $48.51, with a market cap of $75.2 billion and a P/E ratio of 22.17.
- Insider transactions include CEO Olivier Le Peuch selling 25,000 shares on a planned basis on May 27, 2026.
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Stifel analyst Stephen Gengaro reiterated a buy rating on SLB N.V. (NYSE:SLB) on June 18, 2026. The firm maintained its price target at $64, signaling continued optimism about the company's prospects in the energy sector.
SLB N.V. Stock Down 19.6%
Shares of NYSE:SLB traded near $48.51. The company has a market capitalization of approximately $75.2 billion and a P/E ratio of 22.17. SLB's forward P/E is 15.05, indicating potential growth. The stock has a 52-week low of $31.64 and a high of $58.82, with a 50-day moving average of $54.91 and a 200-day moving average of $44.82. SLB's beta is 0.708, suggesting lower volatility compared to the market.
$SLB price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
SLB N.V. reported revenue of $35.94 billion, reflecting a 2.7% growth. The company's net margin stands at 9.26%, with a return on equity of 14.07%. Earnings per share were $2.27. The next earnings report is expected on July 24, 2026.
Dividend
SLB N.V. offers an annual dividend rate of $1.18, yielding 2.22%. The payout ratio is 50.66%, indicating a balanced approach to returning profits to shareholders while retaining earnings for growth.
Insider Buying and Selling at SLB N.V.
Recent insider activity includes CEO Olivier Le Peuch selling 25,000 shares at an average price of $56.99 on May 27, 2026, as part of a planned sale. Additionally, Patrick de la Chevardière sold 2,000 shares on May 7, 2026, at $54.33. On May 1, 2026, Vanitha Narayanan purchased 3,428 shares, and Steve Matthew Gassen sold 53,379 shares at $56.18.
Analysts Set New Price Targets
On June 18, 2026, Stifel maintained its buy rating for SLB N.V. with a $64 price target. Just two days earlier, RBC Capital reiterated a buy rating with a $61 target. Evercore ISI Group also maintained a buy rating with a $63 target on June 10, 2026. The consensus among analysts is a buy rating, with an average target price of $62.36 based on 28 opinions.
About SLB N.V.
SLB N.V., formerly Schlumberger Limited, provides technology for the global energy industry. Headquartered in Houston, Texas, and led by CEO Olivier Le Peuch, the company employs around 109,000 people. It operates through divisions focusing on digital integration, reservoir performance, well construction, and production systems, offering a wide range of services from field development to drilling and production enhancement.
Bottom Line
Stifel's reiterated buy rating and $64 price target reflect confidence in SLB N.V.'s growth potential in the energy sector. Investors watch these analyst ratings as they provide insights into the company's future prospects. Keep in mind, these ratings are based on past performance and do not necessarily reflect current market conditions.
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