SLB N.V. Monthly Stock Report - January 02, 2026

Company Overview

SLB N.V., formerly known as Schlumberger Limited, is a leading player in the Oil & Gas Equipment & Services industry, part of the broader Energy sector. Based in Houston, Texas, the company has been a cornerstone of energy services since its founding in 1926. SLB operates through four main divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. These divisions offer a broad spectrum of technology and services, including field development, hydrocarbon production, carbon management, reservoir interpretation, drilling solutions, and artificial lift systems. As the global energy landscape evolves, SLB focuses on innovative solutions, positioning itself to cater to the increasing demand for efficient and sustainable energy resource management.

52-Week Price Performance Analysis

52-Week Price Performance Chart

Analyzing SLB's 52-week stock performance reveals significant volatility, a common characteristic in the energy sector. Evaluating the price action, SLB traded within a range of $31.11 to $44.66 in the past year. Recently, the stock price stands at approximately $39.255, sitting comfortably above its 52-week low but still below its yearly high.

The technical analysis indicates a discernible trend shift since August 2025, when the stock began recovering from a bearish phase that persisted from February to July, ultimately reaching below $34. The breakout above the $38 resistance level in November 2025 denotes a critical transformation, with this level now acting as a strong support. The 50-day moving average at $37.047 signifies a bullish condition as the stock price exceeds this figure, signaling potential upward momentum. Investors should note the key resistance at the $42 mark, previously a peak earlier this year, with this level being crucial for any future breakout scenarios.

As SLB continues on its demonstrated upward path, the current price predicting a potential upside of 48% towards the target high price of $58.28 suggests compelling opportunities for long-term investors. The stock's sharp movements indicate increased volatility, suggesting that while the bullish momentum is encouraging, investors should remain cognizant of potential market pullbacks.

Financial Performance and Metrics

SLB reported robust financials for the second quarter of 2025, with revenue of $35.25 billion, showcasing the company's strong earning capabilities despite a challenging market. The reported EBITDA of $7.68 billion reflects an operating efficiency that has maintained through fluctuations in activity levels.

Earnings per share (EPS) stood at $0.74, slightly above analysts' expectations of $0.73, while revenue saw a 6.5% year-over-year decline, primarily attributed to decreases in North American activity. However, adjusted EBITDA margins improved, indicating effective cost management strategies.

For the upcoming fiscal year, analysts project an optimistic growth trajectory, anticipating EPS growth of 7.73% and revenue growth of 5.09%. This anticipated growth is expected to be fueled by SLB's advancements in digital initiatives and strategic acquisitions, making the stock appealing from both a fundamental and value perspective.

The metrics point towards a commendable financial health status, supported by a strong net income and an efficient cost structure. Given the current financial fundamentals, SLB showcases significant potential for long-term investment.

Recent News and Developments

SLB recently secured a major five-year contract with Aramco to provide stimulation services for Saudi Arabian unconventional gas fields, enhancing its operational footprint in a critical market. This contract includes advanced stimulation techniques, well intervention, frac automation, and vital digital solutions, aligning perfectly with the Kingdom's energy diversification strategy and transition goals. Such a contract underlines SLB's capabilities and commitment to excellence in service delivery.

Furthermore, SLB has successfully cultivated heads of experience in transitioning towards digital solutions. Collaborations with companies such as AIQ and Shell, aimed at developing AI-powered solutions, speak volumes about SLB's strategic initiatives. These investments reflect an adaptive strategy in a rapidly evolving sector, positioning SLB favorably for future growth.

Analysts note that despite slight downturns in North American performance, SLB's proactive measures signal resilience, enabling a recovery mindset and fostering investor confidence.

Market Sentiment and Analyst Recommendations

Market sentiment surrounding SLB has shifted positively, as reflected in the consensus rating of "strong buy." With a recommendation mean score of 1.43 across 29 analyst opinions, this bullish sentiment is supported by numerous analysts raising their price targets, illustrating increased confidence in the company's growth trajectory.

The average price target is set at $45.99, with the mean target establishing a moderate growth expectation, while the target low price remains at $36.00. This diverse pricing suggests that SLB has clear pathways to achieving substantial profitability driven by current operational strategies and financial health.

Investors are encouraged to remain vigilant regarding SLB's performance against its established supports and resistances while monitoring any emerging market developments. The combination of a positive analyst outlook with SLB's strategic initiatives makes it a compelling candidate for consideration in the energy sector investment landscape.

Conclusion

In summary, SLB N.V. has solidified its positioning within the Oil & Gas Equipment & Services industry, capturing significant opportunities amidst the market's volatility. With recent contract wins bolstering its fundamentals and technological transformations shaping its future, SLB presents a strong investment opportunity. While potential risks remain in market fluctuations and regulatory changes, the strategic vision and financial performance suggest a bright outlook. As always, investors should perform their due diligence and incorporate their risk tolerance when considering investment in SLB or any equity within the dynamic energy sector.

Publication Date: January 02, 2026