NYSE: SLB

SLB (SLB) Stock Analysis & Forecast

Nov 4 close

$51.56−0.57 (−1.1%)

Gekko Brief

AI summaryNov 4 close

SLB this week introduced its ChampionX nano-enabled chemical technology portfolio at ADIPEC, including an Extended Release scale squeeze treatment aimed at mature wells, longer-lasting scale protection, and lower operating costs. Alongside the product launch, coverage highlighted insider selling, including CEO Olivier Le Peuch's sale of 25,000 shares for approximately $1.32 million at $52.90 per share under a Rule 10b5-1 plan, and prior disclosed sales by the Chief Legal Officer & Secretary and the Executive VP & CFO.

SLB closed at $51.56, down 1.1%, sitting between its 50-day average of $52.38 and 200-day average of $51.54. The stock's one-month return stands at 3.1%, its three-month return is flat, and it is down 6.5% over six months while up 39.3% over the past year. The GekkoIndex reads 56.4, placing SLB in the Neutral zone, up 5 over the last five readings. Price sits 9.7% below Gekko Fair Value of $57.13.

The next earnings date is 22 January 2027, 78 days away and outside a typical 20-trading-day holding window. Last quarter's EPS of $0.64 beat the $0.62 estimate, with a 7.1% reaction, part of a record of 7 beats in the last 8 quarters. No insider, Congress, or unusual options activity appears in their respective windows, though one trailblazer holder is noted. Seasonality over the next 20 trading days has averaged -2.3% across 5 years, rising in 2 of them, a point worth noting alongside the consensus of 15 buy ratings, 1 hold, and a $62.38 target among 16 firms.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

SLB price vs fair value

$57.13$51.56Nov ’25May ’26Nov ’26
Close $51.56200-day averageGekko Fair Value $57.13

SLB quick facts

Market cap
$76.10B
P/E ratio
25.4
Forward P/E
16.8
EPS, TTM
$2.06
Revenue, TTM
$36.89B
Profit margin
8.4%
Dividend yield
2.18%
Beta
0.79
Volume
19.97M avg 12.11M
1-year return
+39.3%
Typical daily move
±3.3%
Typical 20-day move
±6.5%
50-day average
$52.38
200-day average
$51.54
Next earnings
Jan 22
Shares outstanding
1.48B
52-week range
$34.65$60.46

SLB swing-trade checklist

SLB scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $51.56 sits between the 50-day ($52.38) and 200-day ($51.54) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    56.4, Neutral

    Reading 56.4 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.7% below

    Price is 9.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 78 days

    Next report Jan 22, 2027, 78 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −2.3% on average

    From this point in the calendar, the next 20 trading days averaged −2.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

SLB stock chart and price history

SLB closed at $51.56 on Nov 4, 2026, +39.3% over the past year, inside a 52-week range of $34.65 to $60.46.

Close50-day average200-day averageVolume
SLB share price, past year, with 50-day and 200-day moving averages and volume$35$40$45$55$60DecJan 2026FebMarAprMayJunJulAugSepOct51.56

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+3.1%
3 months
0.0%
6 months
−6.5%
1 year
+39.3%
The full SLB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SLB in Gekko

Follow SLB through every session

Put SLB on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About SLB

SLB supplies technology and services used to find, develop and produce oil and gas resources around the world. It works across the full lifecycle of a well, from evaluating rock and fluid characteristics beneath the surface to drilling, completing and maintaining wells, and it is recognized for the breadth of equipment and services it brings to energy operators.

The business is organized into four areas covering digital and integration work, reservoir performance, well construction, and production systems. Its offerings span data processing and interpretation of subsurface information, stimulation and intervention work to keep wells producing, directional drilling and measurement services, drill bits and downhole tools, drilling rig management, and surface and subsea production equipment through its OneSubsea offering. Its customers are oil and gas operators that rely on it for both individual products and combined project services, including drilling contracting and logistics support.

The company traces back to 1926 and is headquartered in Houston, Texas. Its shares are listed on the NYSE under the ticker SLB.

Listed
NYSE
Sector
Industrial services
Industry
Contract drilling
Website
slb.com

SLB GekkoIndex: the smart money zone

SLB’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.4, in the Neutral zone, up 5 points over five sessions.

010056.4Neutral

Up 5 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying52+0.3%+1.3%+4.7%+5.6%
Accumulation234+0.9%+2.1%+2.2%+2.9%
Neutral (current zone)364−0.5%−1.2%−1.4%−0.6%
Distribution44+1.8%+2.4%+3.2%+1.0%
Selling3Too few readings yet

Average SLB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the SLB price, zone by zone.Track SLB in Gekko

Is SLB stock overvalued? Gekko Fair Value

SLB trades 9.7% below Gekko Fair Value of $57.13, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what SLB shares are worth, recalculated every trading day.

$57.13

Gekko Fair Value, Nov 4, 2026

9.7% Undervalued

At the end of Aug 2026 the price was 4.8% above the estimate.

Gekko Fair ValueShare price, month end
$57$52Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open SLB in Gekko

SLB insider and Congress trading

No open-market insider purchases were filed for SLB, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for SLB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every SLB insider filing, plotted on the chart in Gekko.Open SLB in Gekko

Congress trades last 90 days

No trades in SLB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for SLB, plotted on the chart in Gekko.Open SLB in Gekko

Buybacks

SLB has been buying back its own shares.

Bought back, quarter ended Sep 30, 2026
$656.0M
As a share of market cap
0.86%
Trailing four quarters
$4.06B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds SLB.

1added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

SLB earnings: next date and track record

SLB reports on Jan 22, 2027 (78 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±3.9%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

+6.4%Jan ’25−2.4%Apr ’25−3.3%Jul ’25+1.5%Oct ’25+0.8%Jan ’26+0.9%Apr ’26+9.1%Jul ’26+7.1%Oct ’26

Last earnings call, Oct 23, 2026 AI summary

What they said
SLB reported broad-based sequential revenue growth across all geographic areas and four core divisions in Q3 2026, with pretax segment operating margins expanding across all divisions. Production Systems led growth, with ChampionX delivering its highest quarterly revenue since acquisition and margins expanding for the fourth consecutive quarter. Saudi Aramco awarded SLB four integrated well construction contracts covering 450+ wells over three years. Digital revenue grew 11% year-to-date with margins above 35%, and automated drilling volume increased ~50% year-on-year.
Guidance
Management anticipates double-digit year-on-year digital growth for full-year 2026 with adjusted EBITDA margins above 35%. Q4 digital sales visibility is strong, and data center solutions continue geographic expansion into Asia. Middle East recovery pace remains uncertain near-term, but long-term outlook is strengthening.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 23, 2026$0.64
est $0.62
+3.7%$9.45B
est $9.27B
+1.9%+7.1%
Jul 24, 2026$0.55
est $0.51
+7.8%$8.97B
est $8.67B
+3.5%+9.1%
Apr 24, 2026$0.52
est $0.51
+2.0%$8.72B
est $8.63B
+1.1%+0.9%
Jan 23, 2026$0.78
est $0.74
+5.1%$9.75B
est $9.55B
+2.0%+0.8%
Oct 17, 2025$0.69
est $0.66
+5.0%$8.93B
est $8.92B
+0.1%+1.5%
Jul 18, 2025$0.74
est $0.72
+2.5%$8.55B
est $8.50B
+0.6%−3.3%
Apr 25, 2025$0.72
est $0.73
−1.9%$8.49B
est $8.60B
−1.3%−2.4%
Jan 17, 2025$0.92
est $0.90
+2.2%$9.28B
est $9.18B
+1.1%+6.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

SLB stock forecast and analyst price targets

Analysts’ average 12-month price target for SLB is $62.38, +21.0% from the last close, from 16 firms rating the stock in the last 90 days.

$62.38consensus 12-month target, +21.0% from the last close
Low $48High $71
Buy15
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 16 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 26TD CowenBuy, maintained$64+24.1%
Oct 26Morgan StanleyBuy, maintained$55+6.7%
Oct 26Morgan StanleyBuy, reiterated$55+6.7%
Oct 26Piper SandlerBuy, reiterated$65+26.1%
Oct 26SusquehannaBuy, maintained$62+20.2%
−1.4%average 20-day move after past Neutral readings
−2.3%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

SLB seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, SLB averaged −2.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−11.8%2021−3.2%2022−10.4%2023+8.3%2024+4.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.0%3 of 5
Next 10 trading days−0.5%2 of 5
Next 15 trading days−3.2%1 of 5
Next 20 trading days−2.3%2 of 5
Next 30 trading days−4.7%1 of 5

For scale, SLB’s typical 20-trading-day move in either direction is about 6.5%.

SLB market cap and key statistics

SLB’s market cap is $76.10B, with a P/E ratio of 25.4 and revenue of $36.89B over the last twelve months.

Valuation

Market cap
$76.10B
P/E ratio
25.4
Forward P/E
16.8
EPS, TTM
$2.06
Gekko Fair Value
$57.13

Trading

Volume
19.97M
Avg volume, 20 days
12.11M
52-week high
$60.46
52-week low
$34.65
Shares outstanding
1.48B

Financials

Revenue, TTM
$36.89B
Profit margin
8.4%
Return on equity
11.7%
Quarterly earnings growth, YoY
−2.0%

Risk and income

Beta
0.79
Typical daily move
±3.3%
Typical 20-day move
±6.5%
Dividend yield
2.18%

SLB peers

SLB’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
BKRBaker Hughes−5.7%Accumulation16.6% below
NENoble Corporation plc A−6.1%Accumulation43.0% below
RIGTransocean Ltd (Switzerland)−7.0%Accumulation10.4% below
VALValaris−7.4%Accumulation3.9% above
PTENPatterson-UTI Energy−6.2%Accumulation6.0% below
HPHelmerich & Payne−3.2%Accumulation41.0% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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SLB stock FAQ

What is SLB’s market cap?

SLB’s market cap is $76.10B at the Nov 4, 2026 close of $51.56, with 1.48B shares outstanding. The shares trade on a P/E ratio of 25.4.

What is the SLB stock forecast?

The consensus analyst 12-month price target for SLB is $62.38, +21.0% from the last close. Of the 16 firms that rated the stock in the last 90 days, 15 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is SLB stock overvalued or undervalued?

On Gekko’s estimate SLB is undervalued: the Nov 4, 2026 close of $51.56 is 9.7% below Gekko Fair Value of $57.13. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does SLB report earnings next?

SLB is expected to report on Jan 22, 2027 (78 days away). Analysts expect earnings of $0.73 per share on revenue of $9.99B. SLB beat the earnings estimate in 7 of its last 8 reports, moving 3.9% on average across the report.

What is SLB’s 52-week high and low?

SLB’s 52-week high is $60.46 and its 52-week low is $34.65; it closed at $51.56 on Nov 4, 2026, +39.3% over the past year. Over the last five years the shares peaked at $62.12 on Sep 12, 2023.

Is SLB stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (fair value and earnings risk), 2 as mixed (trend and gekkoindex) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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