Freedom Broker Rates SLB Hold, $48 Price Target

On October 26, 2026, Freedom Broker upgraded its rating on SLB N.V. to Hold, maintaining a price target of $48. The update comes as part of the firm's ongoing analysis of the energy sector. The rating change was noted in the firm's research document on the same day.

SLB SLB N.V.

$53.06 ▲ +34.16% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Freedom Broker's Call on SLB

Freedom Broker's new rating reflects a cautious stance on SLB N.V. with a target price that remains unchanged at $48. This suggests the firm sees potential in the stock but is holding back from a more aggressive recommendation. The stock closed at $51.90 on the same day, showing some strength in the market.

SLB N.V. Stock Up 7.2%

As of October 26, 2026, SLB N.V. shares traded at $53.09, which is 2.3% above the closing price of $51.90 on the same day. The stock is currently above its 50-day moving average of $52.47 and its 200-day moving average of $51.26. However, it remains about 12.2% below its 52-week high of $60.46.

Recent Earnings

SLB N.V. reported trailing twelve-month revenue of $36.67 billion and has an earnings per share (EPS) of $2.07. The company's revenue growth year-over-year is 6.6%. SLB is set to report its next earnings on January 22, 2027.

Insider Buying and Selling at SLB N.V.

Recently, CEO Olivier Le Peuch sold a total of 25,000 shares on August 26, 2026, at an average price of $52.55, totaling about $1.31 million. He also sold 5,000 shares at $55.00 and another 5,000 at $60.00 on August 27 and August 31, respectively. On September 1, he sold 35,000 shares at $60.00, bringing his total sales during this period to approximately $2.1 million.

Analysts Set New Price Targets

On October 26, 2026, several firms adjusted their price targets for SLB N.V. Barclays lowered its target to $63 from $66 while maintaining an Overweight rating. Piper Sandler raised its target to $65 from $63, also keeping an Overweight rating. Citigroup maintained a Buy rating with a target of $62. This reflects a mix of opinions, with a consensus recommendation of Buy and a mean target price of $62.38.

About SLB N.V.

SLB N.V. is a global provider of technology and services for the energy industry, based in Houston, Texas. The company operates in various segments, including digital solutions, reservoir performance, well construction, and production systems. SLB plays a key role in field development and hydrocarbon production, carbon management, and energy system integration.

Bottom Line

Investors should watch for SLB N.V.'s upcoming earnings report on January 22, 2027, as well as any further analyst updates. Freedom Broker's recent upgrade reflects a cautious optimism about the stock's future performance.