Halliburton Company — Wall Street Analyst Estimates & Price Targets

HAL

NYSEEnergyOil & Gas Equipment & ServicesCIK 0000045012halliburton.comAbout HAL

Last close · Oct 16, 202633.50+0.61 (+1.85%)

Market cap$27.9B

5 firms' latest targets, last 90 days: median $42.00 ($37.00–$53.00), 25% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 5 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-09-14	UBS	$42.00	$39.00	▲ 8%	+17%	+25%
2026-07-23	Argus Research	$40.00	—	—	+19%	+19%
2026-07-22	BMO Capital	$37.00	$39.00	▼ 5%	+11%	+10%
2026-07-22	Evercore ISI	$43.00	$36.00	▲ 19%	+28%	+28%
2026-07-22	Barclays	$53.00	$55.00	▼ 4%	+60%	+58%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$23.0B	+13%	—	—	est. $23.1B+0%	est. $3.05	18
2024reported	$22.9B	+0%	—	—	est. $23.0B+0%	est. $2.99	16
2025reported	$22.2B	-3%	—	—	est. $21.9B+1%	est. $2.27	15
2026	$22.3B	+1%	$2.34	+3%	$22.3B–$22.7B	$2.30–$2.52	18
2027	$23.6B	+5%	$2.88	+23%	$23.2B–$23.8B	$2.65–$3.01	18
2028	$24.6B	+5%	$3.41	+18%	$22.6B–$26.1B	$3.03–$3.92	17
2029	$26.4B	+7%	$3.93	+15%	$25.6B–$27.1B	$3.77–$4.07	13
2030	$27.7B	+5%	$4.13	+5%	$26.9B–$28.5B	$3.96–$4.27	8

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$42.00median target, 25% above the last close

Firms with a target · last 90 days: 5
Lowest – highest target: $37.00 – $53.00
Current grades of 16 firms: positive / neutral / negative: 13 / 3 / 0
Upgrades / downgrades · 12 months: 5 / 3
Consensus revenue growth · next 3 FY: +4% a year

Current grades

each firm's latest · 16 firms

As of	Firm	Grade
2026-09-14	UBS	“Neutral”
2026-07-23	Argus Research	“Buy”
2026-07-22	Freedom Capital Markets	“Hold”
2026-07-22	Barclays	“Overweight”
2026-07-22	Evercore ISI	“Outperform”
2026-07-22	TD Cowen	“Buy”
2026-07-22	Morgan Stanley	“Overweight”
2026-07-14	Piper Sandler	“Overweight”
2026-07-08	Susquehanna	“Positive”
2026-06-03	Citigroup	“Buy”

6 more

2026-04-22	RBC Capital	“Outperform”
2026-04-22	J.P. Morgan	“Overweight”
2026-04-22	Stifel	“Buy”
2026-03-25	BMO Capital	“Market Perform”
2026-01-22	Goldman Sachs	“Buy”
2025-10-22	HSBC	“Buy”

Grade changes

last 24 months · 11

Date	Firm	Grade
2026-07-22	Freedom Capital Markets	“Sell” → “Hold” upgrade
2026-07-14	Piper Sandler	“Neutral” → “Overweight” upgrade
2026-05-08	Barclays	“Equal Weight” → “Overweight” upgrade
2026-01-06	Freedom Capital Markets	“Hold” → “Sell” downgrade
2026-01-06	Evercore ISI	“Outperform” → “In Line” downgrade
2025-10-22	Freedom Capital Markets	“Buy” → “Hold” downgrade
2025-10-22	HSBC	“Hold” → “Buy” upgrade
2025-10-22	RBC Capital	“Sector Perform” → “Outperform” upgrade
2025-07-28	Piper Sandler	“Overweight” → “Neutral” downgrade
2024-12-18	Barclays	“Overweight” → “Equal Weight” downgrade
2024-12-09	UBS	“Buy” → “Neutral” downgrade

49 older than 24 months

2024-09-13	RBC Capital	“Outperform” → “Sector Perform” downgrade
2023-06-07	Susquehanna	“Positive” → “Outperform” revised
2023-03-14	Susquehanna	“Positive” → “Outperform” revised
2023-01-12	Wolfe Research	“Underperform” → “Outperform” upgrade
2022-10-26	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2022-04-27	HSBC	“Hold” → “Buy” upgrade
2022-04-20	Stephens & Co.	“Overweight” → “Equal Weight” downgrade
2022-01-13	J.P. Morgan	“Neutral” → “Overweight” upgrade
2022-01-04	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2021-10-20	Argus Research	“Hold” → “Buy” upgrade
2021-08-05	HSBC	“Reduce” → “Hold” upgrade
2021-07-21	Goldman Sachs	“Neutral” → “Buy” upgrade
2021-07-21	BNP Paribas Exane	“Underperform” → “Neutral” upgrade
2021-05-03	Barclays	“Equal Weight” → “Overweight” upgrade
2021-02-01	Piper Sandler	“Neutral” → “Overweight” upgrade
2021-01-25	Atlantic Equities	“Neutral” → “Overweight” upgrade
2021-01-20	Stephens & Co.	“Equal Weight” → “Overweight” upgrade
2020-12-15	Citigroup	“Neutral” → “Buy” upgrade
2020-12-10	HSBC	“Hold” → “Reduce” downgrade
2020-10-02	BMO Capital	“Market Perform” → “Perform” revised
2020-07-21	Bank of America	“Neutral” → “Buy” upgrade
2020-07-15	TD Cowen	“Market Perform” → “Outperform” upgrade
2020-05-29	TD Cowen	“Outperform” → “Market Perform” downgrade
2020-05-29	Northland Capital Markets	“Market Perform” → “Perform” revised
2020-05-26	UBS	“Neutral” → “Sell” downgrade
2020-04-30	HSBC	“Buy” → “Hold” downgrade
2020-04-13	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2020-03-27	Piper Sandler	“Overweight” → “Neutral” downgrade
2020-03-20	Credit Suisse	“Outperform” → “Neutral” downgrade
2020-03-16	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2020-03-10	J.P. Morgan	“Overweight” → “Neutral” downgrade
2020-03-03	UBS	“Buy” → “Neutral” downgrade
2020-01-14	Bernstein	“Market Perform” → “Perform” revised
2020-01-06	ScotiaBank	“Sector Perform” → “Sector Outperform” upgrade
2019-12-18	BMO Capital	“Outperform” → “Market Perform” downgrade
2019-10-23	Argus Research	“Buy” → “Hold” downgrade
2019-09-16	Barclays	“Overweight” → “Equal Weight” downgrade
2019-01-17	TD Cowen	“Market Perform” → “Outperform” upgrade
2018-12-20	Societe Generale	“Hold” → “Buy” upgrade
2018-10-18	Cleveland Research	“Buy” → “Neutral” downgrade
2018-10-12	Societe Generale	“Buy” → “Hold” downgrade
2018-05-10	Bank of America	“Neutral” → “Buy” upgrade
2018-02-26	Bank of America	“Buy” → “Neutral” downgrade
2018-01-29	Atlantic Equities	“Underweight” → “Neutral” upgrade
2018-01-22	Guggenheim	“Neutral” → “Buy” upgrade
2017-06-21	Seaport Global	“Buy” → “Neutral” downgrade
2016-10-03	Societe Generale	“Hold” → “Buy” upgrade
2016-07-19	Societe Generale	“Buy” → “Hold” downgrade
2016-05-17	B. Riley	“Market Perform” → “Outperform” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.