SLB raises full-year revenue guidance, shares trade higher on NYSE
Published on 06/25/2026 at 20:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-25, 20:11.
SLB (US06520E1029), still widely known under its former name Schlumberger, today underpins its 2026 outlook with stable upstream spending and robust offshore activity while the shares trade around 47 dollars on the NYSE based on recent composite quotes.
Guidance framed by resilient spending
According to the latest company commentary and industry data, SLB continues to target mid- to high-single-digit revenue growth for 2026, supported by international and offshore spending that remains well above pre-pandemic levels.
Management has repeatedly highlighted strong activity in the Middle East and Latin America, two regions where SLB holds leading market positions and where national oil companies are expanding capacity to secure long-term supply.
Analyst views stay constructive
Analyst houses continue to paint a constructive picture: according to a recent synthesis of Wall Street estimates, the average 12-month target price for SLB sits in the low 70-dollar range, implying meaningful upside from the current mid?40s to upper?40s trading band.
Sentiment is described as "robust optimism driven by digital transformation and international expansion", with several brokers citing SLB's digital and reservoir performance solutions as key differentiators versus peers such as Halliburton and Baker Hughes.
All news and analysis on the SLB shares
Further updates on SLB's earnings, analyst estimates and trading activity are available in the dedicated topic section and via the company's investor relations pages.
The business behind the stock
SLB's core business spans reservoir characterization, drilling and production technologies used by oil and gas producers globally, with particular strength in offshore services and integrated project management.
Where the stock trades today
The SLB shares (US06520E1029) last traded at around 47.23 US dollars on the NYSE, based on a quote timestamped 2026-06-25, 11:01, with a market capitalization of roughly 70 billion dollars.
Key data on the SLB shares
- Company: SLB Limited/NV
- ISIN: US06520E1029
- WKN: 853390
- Ticker: SLB
- Trading venue: NYSE
- Price (as of 2026-06-25, 11:01): 47.23 USD
- Market cap: 70.27 billion USD (as of 2026-06-25)
- Sector / industry: Energy - Oil & Gas Equipment & Services
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, an investment recommendation or an offer or solicitation to buy or sell any financial instrument. Historical performance is not a reliable indicator of future results. Investors should conduct their own research and consider their individual financial circumstances before making investment decisions.
Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.
