Schlumberger (SLB) stock was down on Friday after the energy technology company posted its Q3 2025 earnings report. This included earnings per share of 69 cents, which beat Wall Street’s estimate of 66 cents. However, the company’s EPS decreased 22% year-over-year from 89 cents.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Schlumberger reported revenue of $8.93 billion during the quarter, which just barely came in above analysts’ revenue estimate of $8.92 billion. Unfortunately for SLB stockholders, this was down 3% year-over-year from revenue of $9.16 billion. Schlumberger expected these results as they include two months of activity from ChampionX, which added $20 million of Digital revenue and $575 million of Production Systems revenue this quarter. Excluding the cost of this acquisition, Q3 2025 revenue was flat year-over-year.
Schlumberger stock was down 0.73% in pre-market trading on Friday, following a 1.07% rally on Thursday. The shares have decreased 12.12% year-to-date and 21.47% over the past 12 months.
Schlumberger Guidance
Olivier Le Peuch, CEO of Schlumberger, addressed the company’s future in the earnings report. He said, “Looking ahead, it is more likely that the international markets will lead an activity rebound when supply and demand rebalance, supported by sustained investment for oil capacity, gas expansion projects and a constructive outlook for deepwater. SLB is well positioned to benefit from such a recovery. In the near term, we foresee revenue growth in the fourth quarter driven by the international markets, Digital and a full quarter of activity from the acquired ChampionX businesses.”
Is Schlumberger Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Schlumberger is Strong Buy, based on 15 Buy and two Hold ratings over the past three months. With that comes an average SLB stock price target of $47.47, representing a potential 44.2% upside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
