Schlumberger stock holds near USD 52 ahead of October earnings

Published on 09/22/2026 at 11:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Schlumberger stock closed at USD 51.76 on September 21, 2026, while UBS raised its target to USD 75. Q2 FY26 revenue reached USD 8.97 billion.

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Schlumberger stock (ISIN US06520E1029) closed at USD 51.76 on the NYSE on September 21, 2026, up 1.25 percent from the prior close. The next earnings date is October 16, 2026, giving the market a defined checkpoint for the company's operating performance.

October earnings set the checkpoint

According to Ad-hoc-news on September 21, 2026, Schlumberger is scheduled to report third quarter 2026 earnings on October 16, 2026 before the market opens. The same report cites a Zacks consensus estimate of USD 0.62 in Q3 2026 earnings per share, which would be 10.14 percent below the year-earlier quarter.

The estimate creates a precise test for the valuation. A lower year-on-year EPS expectation places greater weight on revenue stability, margins and regional activity in the October release rather than on the share price alone.

Q2 revenue reached USD 8.97 billion

Yahoo Finance lists Q2 FY26 revenue at USD 8.97 billion and earnings at USD 786 million, with a profit margin of 8.76 percent. Normalized EPS reached USD 0.55 against an estimate of USD 0.52, a USD 0.03 quarterly beat.

The operating comparison is mixed: Q2 FY26 delivered a measurable earnings beat, but the Q3 2026 consensus points to lower EPS than in the comparable prior-year period. That contrast makes the October report important for judging whether the Q2 result represents durable execution or a temporary improvement.

Targets remain above the market price

Yahoo Finance records a September 14, 2026 UBS rating action that maintained Buy and raised the price target from USD 72 to USD 75. The portal shows an average analyst target of USD 62.34, while the stock closed at USD 51.76 on September 21, 2026.

The market data also show a wide trading corridor. Schlumberger's 52-week range was USD 31.64 to USD 60.46, and the September 21 close remained USD 8.70 below the yearly high, while market capitalization stood at USD 76.819 billion.

Stock trades at USD 51.76

Schlumberger stock closed at USD 51.76 on the NYSE on September 21, 2026, after reaching an intraday range of USD 50.47 to USD 52.38. Trading volume was 10,074,589 shares, compared with average volume of 13,450,080 shares.