Barclays Cuts WFRD Price Target to $139

Barclays reaffirmed its Overweight rating on Weatherford International plc on October 22, 2026, while lowering its price target from $148.00 to $139.00. According to a research note from the firm, the updated target follows recent market adjustments across the energy services sector.

WFRD Weatherford International plc

$81.41 ▲ +1.50% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Barclays's Call on Weatherford International plc

On October 22, 2026, Barclays maintained its positive stance on the oil and gas equipment provider. The firm adjusted its price target down to $139.00 from $148.00. The stock closed at $81.13 on the day of the rating update.

Other Institutional Activity in Weatherford International plc

Large funds adjusted their stakes in the energy services firm ahead of the report. Canoe Financial cut its holdings by 165,234 shares, ending with 516,866 shares worth about $40,572,126. American Century Companies Inc grew its holdings by 959,011 shares, ending with 2,933,502 shares worth about $237,995,009. First Trust Advisors LP grew its holdings by 727,245 shares, ending with 2,487,704 shares worth about $201,827,418. Fuller & Thaler Asset Management Inc. reduced its holdings by 22,332 shares, ending with 2,145,791 shares worth about $174,088,017.

Weatherford International plc Stock Holds Steady

Shares recently traded around $85.49, sitting below the 50-day moving average of $85.79. The stock has a 52-week low of $66.54 and a 52-week high of $113.15.

Recent Earnings

The company reported trailing twelve-month revenue of $4.69 billion and earnings of $5.14 per share. The next earnings report is scheduled for February 2, 2027.

Dividend

Weatherford pays an annual dividend rate of $1.10 per share, giving it a dividend yield of 1.28% with a payout ratio of 19.2%.

Insider Buying and Selling at Weatherford International plc

Company insiders executed several transactions prior to the update. Officer Desmond J Mills disposed of 10,118 shares valued at $1,061,898 on February 9, 2026. Director Benjamin C Duster IV sold 6,000 shares at $86.09 apiece for a total of $516,540 on July 23, 2026. Director Neal P Goldman disposed of 16,000 shares worth $1,357,426 on July 23, 2026. Director Jacqueline C Mutschler sold 4,094 shares at $90.50 each for $370,487 on August 10, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock around the same period. Citigroup maintained a Buy rating with a $112.00 target on October 19, 2026. Piper Sandler maintained an Overweight rating with a $110.00 target on October 19, 2026. RBC Capital maintained an Outperform rating with a $123.00 target on October 22, 2026. Consensus analyst opinion points to a buy recommendation with a mean price target of $112.92.

About Weatherford International plc

Weatherford International plc is an energy services provider based in Houston, Texas. It builds equipment and delivers solutions for drilling, evaluating, and completing oil and natural gas wells globally.

Bottom Line

Barclays remains positive on Weatherford International plc despite lowering its price target. Investors will watch for the company's next earnings release on February 2, 2027, for further insight into operational performance.