SLB Stock - SLB N.V.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $36.29B | $33.13B | $28.09B | $22.93B | $23.60B |
| Gross Profit | $7.46B | $6.56B | $5.16B | $3.66B | $2.60B |
| Gross Margin | 20.6% | 19.8% | 18.4% | 16.0% | 11.0% |
| Operating Income | $6.33B | $5.50B | $4.15B | $2.77B | $1.66B |
| Net Income | $4.46B | $4.20B | $3.44B | $1.88B | $-10,486,000,000 |
| Net Margin | 12.3% | 12.7% | 12.2% | 8.2% | -44.4% |
| EPS | $3.14 | $2.95 | $2.43 | $1.34 | $-7.54 |
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. SLB N.V. was founded in 1926 and is based in Houston, Texas.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 11th 2025 | TD Cowen | Reiterated | Buy | $57← $56 |
| November 3rd 2025 | Rothschild & Co Redburn | Initiation | Buy | $48 |
| October 20th 2025 | Piper Sandler | Upgrade | Overweight | $42 |
| August 20th 2025 | Melius | Initiation | Buy | $82 |
| April 8th 2025 | Wells Fargo | Upgrade | Overweight | $44 |
| January 21st 2025 | TD Cowen | Reiterated | Buy | $55← $53 |
| January 15th 2025 | Evercore ISI | Downgrade | In-line | $44← $62 |
| December 20th 2024 | Griffin Securities | Downgrade | Neutral | - |
| December 19th 2024 | Piper Sandler | Initiation | Neutral | $47 |
| October 21st 2024 | TD Cowen | Reiterated | Buy | $65← $68 |
| July 22nd 2024 | TD Cowen | Reiterated | Buy | $64← $62 |
| April 29th 2024 | Wells Fargo | Downgrade | Equal Weight | $53← $68 |
| April 22nd 2024 | TD Cowen | Reiterated | Buy | $63← $64 |
| October 9th 2023 | Societe Generale | Initiation | Buy | $81 |
| June 7th 2023 | CapitalOne | Initiation | Overweight | $63 |
Earnings History & Surprises
SLBEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 23, 2026 | — | — | — | — |
Q1 2026 | Jan 23, 2026 | $0.74 | — | — | — |
Q4 2025 | Oct 17, 2025 | $0.66 | $0.69 | +5.0% | ✓ BEAT |
Q3 2025 | Jul 18, 2025 | $0.72 | $0.74 | +2.5% | ✓ BEAT |
Q2 2025 | Apr 25, 2025 | $0.73 | $0.72 | -1.9% | ✗ MISS |
Q1 2025 | Jan 17, 2025 | $0.90 | $0.92 | +2.2% | ✓ BEAT |
Q4 2024 | Oct 18, 2024 | $0.88 | $0.89 | +1.1% | ✓ BEAT |
Q3 2024 | Jul 19, 2024 | $0.83 | $0.85 | +2.4% | ✓ BEAT |
Q2 2024 | Apr 19, 2024 | $0.75 | $0.75 | 0.0% | = MET |
Q1 2024 | Jan 19, 2024 | $0.84 | $0.86 | +2.4% | ✓ BEAT |
Q4 2023 | Oct 20, 2023 | $0.77 | $0.78 | +1.3% | ✓ BEAT |
Q3 2023 | Jul 21, 2023 | $0.71 | $0.72 | +1.4% | ✓ BEAT |
Q2 2023 | Apr 21, 2023 | $0.60 | $0.63 | +5.0% | ✓ BEAT |
Q1 2023 | Jan 20, 2023 | $0.68 | $0.71 | +4.4% | ✓ BEAT |
Q4 2022 | Oct 21, 2022 | $0.55 | $0.63 | +14.5% | ✓ BEAT |
Q3 2022 | Jul 22, 2022 | $0.40 | $0.50 | +25.0% | ✓ BEAT |
Q2 2022 | Apr 22, 2022 | $0.33 | $0.34 | +3.0% | ✓ BEAT |
Q1 2022 | Jan 21, 2022 | $0.39 | $0.41 | +5.1% | ✓ BEAT |
Q4 2021 | Oct 22, 2021 | $0.36 | $0.36 | 0.0% | = MET |
Q3 2021 | Jul 23, 2021 | $0.26 | $0.30 | +15.4% | ✓ BEAT |
Latest News
Piper Sandler Maintains Overweight on SLB, Raises Price Target to $45
📈 PositiveBarclays Maintains Overweight on SLB, Lowers Price Target to $47
➖ NeutralUBS Maintains Buy on SLB, Raises Price Target to $50
📈 PositiveCitigroup Maintains Buy on SLB, Raises Price Target to $53
📈 PositiveTD Cowen Maintains Buy on SLB, Raises Price Target to $57
📈 PositiveSLB Signs Strategic Collaboration Agreement With Shell To Develop Digital And AI Solutions
📈 PositiveBernstein Maintains Outperform on SLB, Raises Price Target to $52.3
📈 PositiveCNBC Halftime Report Final Trades: Rocket Companies, American Express Company, SLB, Parker-Hannifin
➖ NeutralLive On CNBC, Stephanie Link Announces Bought SLB
📈 PositiveRothschild & Co Initiates Coverage On SLB with Buy Rating, Announces Price Target of $48
📈 PositiveSLB's New Tela AI Helps Energy Workers Make Faster, Smarter Drilling and Production Decisions
📈 PositiveSLB's OneSubsea JV Awarded Two Sizeable Engineering, Procurement, And Construction Contracts From PTTEP To Provide Subsea Production Systems Offshore Malaysia
📈 PositiveOrmat Technologies, SLB Partner To Speed Up Development, Commercialization Of Integrated Geothermal Assets
📈 PositiveCitigroup Maintains Buy on SLB, Raises Price Target to $47
📈 PositiveBarclays Maintains Overweight on SLB, Raises Price Target to $48
📈 PositiveJP Morgan Maintains Overweight on SLB, Lowers Price Target to $43
➖ NeutralSLB Says North America Unlikely To See Major Activity Gain; Sees International Rebound As Oil Market Finds Balance Next Year
➖ NeutralSLB Expects Digital Revenue To Continue Growing At A Rate That Outperforms Global Upstream Spending; Says Global Activity Has Stabilized With Many Locations Still On The Rise; Expects Q4 Adjusted EBITDA Margin To Expand 50 To 150 Bps Sequentially; Says Digital Division Will Be Able To Achieve Double Digit Growth YoY With EBITDA Margin Reaching 35% On A Full Year Basis
📈 PositiveSLB Q3 Adj. EPS $0.69 Beats $0.66 Estimate, Sales $8.930B Beat $8.927B Estimate
📈 PositivePiper Sandler Maintains Neutral on SLB, Lowers Price Target to $41
➖ NeutralFrequently Asked Questions about SLB
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