NYSE: SLB

SLB (SLB) Stock Analysis & Forecast

SLB Limited. Industrial services sector, contract drilling industry. Market cap $75.87B.

$51.12−0.96 (−1.8%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

SLB closes at $51.12, down 1.8% on the day, sitting between its 50-day average of $52.24 and 200-day average of $49.89. The GekkoIndex reads 63.6, placing the stock in the Accumulation zone. Price stands 9.2% below Gekko Fair Value of $56.28, a gap that bears watching.

News flow this week centers on contract wins and Middle East geopolitical exposure. SLB expanded real-time production monitoring work for Equinor's Johan Sverdrup Phase 3 in the North Sea, and Arabian Drilling signed a five-year deal with SLB Middle East for eight land rigs in Saudi Arabia tied to gas lump-sum turnkey operations. Against this, shares fell nearly 5% on 14 September after a Saudi Arabian oil pipeline closure following drone attacks, with Citigroup flagging SLB's high exposure to the Saudi market and the risk to drilling activity if the shutdown persists. Shares also declined 3.51% on 16 September, a steeper drop than the broader market's 0.45% decline.

Looking ahead, SLB reports next earnings on 16 October 2026, 26 days out and inside a typical 20-trading-day holding window; the prior quarter beat estimates ($0.55 versus $0.51) with a 9.1% reaction, and the company has beaten in 7 of the last 8 quarters. Seasonality over the next 20 trading days has averaged a 7.1% gain across 5 years, rising in 3 of them. All 18 covering analysts rate the stock buy, with a consensus target of $62.34.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $51.12200-day averageGekko Fair Value $56.28

Key stats

Market cap
$75.87B
P/E ratio
25.4
Forward P/E
16
EPS, TTM
$2.05
Revenue, TTM
$36.37B
Profit margin
8.5%
Dividend yield
2.22%
Beta
0.77
Volume
24.76M avg 13.64M
1-year return
+46.9%
Typical daily move
±4%
Typical 20-day move
±6.5%
50-day average
$52.24
200-day average
$49.89
Next earnings
Oct 16
Shares outstanding
1.48B
52-week range
$31.64$60.46

SLB swing-trade checklist

SLB scores 3 supportive, 1 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.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $51.12 sits between the 50-day ($52.24) and 200-day ($49.89) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    63.6, Accumulation

    Reading 63.6 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.2% below

    Price is 9.2% 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 riskheadwind

    Reports in 26 days

    Reports on Oct 16, 2026, 26 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +7.1% on average

    From this point in the calendar, the next 20 trading days averaged +7.1% over 5 years, rising in 3 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 $51.12 on Sep 18, 2026, +46.9% over the past year, inside a 52-week range of $31.64 to $60.46.

Close50-day average200-day averageVolume

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

Performance Breakdown

1 month
−4.5%
3 months
+6.3%
6 months
+6.9%
1 year
+46.9%
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 63.6, in the Accumulation zone, up 10.2 points over five sessions.

010063.6Accumulation

Up 10.2 points over five sessions, from the Neutral zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying48+0.4%+1.4%+4.2%+5.6%
Accumulation (current zone)212+1.0%+2.2%+2.4%+2.4%
Neutral355−0.4%−1.0%−1.1%−0.5%
Distribution44+1.8%+2.9%+4.1%+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, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. 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 9.2% below Gekko Fair Value of $56.28, so the shares are undervalued on Gekko’s estimate.

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

$56.28

Gekko Fair Value, Sep 19, 2026

9.2% Undervalued

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 Jun 30, 2026
$797.0M
As a share of market cap
1.05%
Trailing four quarters
$3.51B

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 Oct 16, 2026 (26 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±3.5%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−3.5%Oct ’24+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

Last earnings call, Jul 24, 2026 AI summary

What they said
SLB reported solid Q2 2026 results with broad-based international growth and North America rebound. Production Systems EBITDA margins returned above 20%, Digital margins reached ~35% with 15% YoY ARR growth. Data Center Solutions revenue surged 33% sequentially and 80% YoY, adding hyperscaler customers including Meta. Middle East operations remained constrained by conflict, impacting Well Construction and Caesar performance, partially offset by strength in Latin America, Europe, Africa, and Asia.
Guidance
Management expects gradual Middle East activity recovery, varying by country and operating environment, with full normalization taking time. Structural drivers including inventory replenishment, supply diversification, and energy security investments are expected to support upstream spending. Q3 outlook shaped by continued international growth momentum.
ReportedEPSSurpriseRevenueSurpriseMove
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%
Oct 18, 2024$0.89
est $0.88
+1.1%$9.16B
est $9.27B
−1.2%−3.5%

“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 $62.34, +21.9% from the last close, from 18 firms rating the stock in the last 90 days.

$62.34consensus 12-month target, +21.9% from the last close
Low $55High $75
Buy18
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 18 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14UBSBuy, maintained$75+46.7%
Sep 9UBSBuy, maintained$72+40.8%
Sep 2BarclaysBuy, maintained$67+31.1%
Sep 1Evercore ISIBuy, maintained$66+29.1%
Sep 1JefferiesBuy, maintained$66+29.1%
+2.4%average 20-day move after past Accumulation readings
+7.1%average move over the next 20 trading days in the last 5 years
±4%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 Sep 19, SLB averaged +7.1% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+25.4%2021+10.0%2022−0.3%2023+2.9%2024−5.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.1%3 of 5
Next 10 trading days+2.8%2 of 5
Next 15 trading days+4.6%3 of 5
Next 20 trading days+7.1%3 of 5
Next 30 trading days+9.9%3 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 $75.87B, with a P/E ratio of 25.4 and revenue of $36.37B over the last twelve months.

Valuation

Market cap
$75.87B
P/E ratio
25.4
Forward P/E
16
EPS, TTM
$2.05
Gekko Fair Value
$56.28

Trading

Volume
24.76M
Avg volume, 20 days
13.64M
52-week high
$60.46
52-week low
$31.64
Shares outstanding
1.48B

Financials

Revenue, TTM
$36.37B
Profit margin
8.5%
Return on equity
12.9%
Quarterly earnings growth, YoY
−29.7%

Risk and income

Beta
0.77
Typical daily move
±4%
Typical 20-day move
±6.5%
Dividend yield
2.22%

SLB stock news this week

Coverage of SLB this week reads positive: 10 positive, 2 neutral and 1 negative headlines.

News sentiment positive

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+1.6%Buying7.4% below
NENoble Corporation plc A+0.7%Neutral34.7% below
VALValaris+0.1%Accumulation9.6% above
RIGTransocean Ltd (Switzerland)−1.2%Neutral5.1% below
PTENPatterson-UTI Energy−1.3%Neutral8.2% above
HPHelmerich & Payne−1.1%Accumulation40.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

SLB stock FAQ

What is SLB’s market cap?

SLB’s market cap is $75.87B at the Sep 18, 2026 close of $51.12, 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 $62.34, +21.9% from the last close. Of the 18 firms that rated the stock in the last 90 days, 18 rate it a buy, 0 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 Sep 18, 2026 close of $51.12 is 9.2% below Gekko Fair Value of $56.28. 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 Oct 16, 2026 (26 days away). Analysts expect earnings of $0.62 per share on revenue of $9.27B. SLB beat the earnings estimate in 7 of its last 8 reports, moving 3.5% 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 $31.64; it closed at $51.12 on Sep 18, 2026, +46.9% over the past year.

Is SLB stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every 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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