JPMorgan Chase & Co. Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its target price boosted by JPMorgan Chase & Co. from $30.00 to $35.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage presently has an “overweight” rating on the oilfield services company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 6.68% from the company’s current price.

A number of other equities research analysts also recently commented on HAL. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $36.00 price objective on shares of Halliburton in a research report on Thursday, January 15th. HSBC set a $30.00 target price on Halliburton and gave the company a “buy” rating in a report on Wednesday, October 22nd. Citigroup increased their price target on Halliburton from $31.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Stifel Nicolaus set a $36.00 price objective on Halliburton in a research note on Thursday. Finally, UBS Group boosted their price objective on shares of Halliburton from $24.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.90.

Halliburton Price Performance

Shares of NYSE:HAL opened at $32.81 on Thursday. The firm has a market capitalization of $27.61 billion, a price-to-earnings ratio of 21.68 and a beta of 0.78. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.95 and a quick ratio of 1.43. The business’s 50 day simple moving average is $28.71 and its 200-day simple moving average is $25.14. Halliburton has a 12 month low of $18.72 and a 12 month high of $33.80.

Halliburton (NYSE:HAL) last posted its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.15. Halliburton had a return on equity of 20.12% and a net margin of 5.91%.The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.39 billion. During the same period in the previous year, the business earned $0.73 earnings per share. Halliburton’s quarterly revenue was up .8% compared to the same quarter last year. As a group, equities analysts forecast that Halliburton will post 2.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Halliburton

In related news, EVP Van H. Beckwith sold 8,854 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.89, for a total value of $246,938.06. Following the completion of the transaction, the executive vice president owned 333,528 shares of the company’s stock, valued at approximately $9,302,095.92. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark Richard sold 160,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total transaction of $4,443,200.00. Following the sale, the insider owned 452,374 shares of the company’s stock, valued at approximately $12,562,425.98. This represents a 26.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 268,854 shares of company stock valued at $7,915,138. Corporate insiders own 0.56% of the company’s stock.

Institutional Trading of Halliburton

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. bought a new stake in shares of Halliburton during the 3rd quarter worth $25,000. Kelleher Financial Advisors bought a new stake in Halliburton during the 3rd quarter worth about $25,000. Newbridge Financial Services Group Inc. bought a new stake in Halliburton during the 2nd quarter worth about $25,000. Strive Asset Management LLC acquired a new position in shares of Halliburton in the 3rd quarter valued at approximately $31,000. Finally, Root Financial Partners LLC acquired a new position in Halliburton during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $0.69 vs. $0.54 estimate and revenue $5.66B (above estimates); international revenue strength and solid operating cash flow/free cash flow were highlighted. Reuters: Halliburton beats estimates
• Positive Sentiment: Analyst upgrades/target raises are lifting sentiment — Susquehanna raised its target to $40 (positive), and Stifel/Capital One bumped targets to the mid‑$30s, giving more upside to the consensus. Benzinga: Susquehanna raise MarketScreener: Stifel raise
• Positive Sentiment: Venezuela re‑entry is a potential near‑term catalyst — management said interest is high and the company posted job listings consistent with returning operations, which would materially expand international demand. Yahoo: Venezuela job posting Upstream: CEO comments
• Positive Sentiment: Capital returns and cash flow profile support shareholder value — company emphasized buybacks and a >2% dividend; analysts note buybacks materially reduced share count in 2025. Benzinga: cash flow & deals
• Positive Sentiment: Unusual options activity: heavy call buying (≈60k calls) indicates short‑term bullish positioning by traders. (Market flow item)
• Neutral Sentiment: Valuation/DCF rechecks are appearing after the run‑up — some analytical pieces reassess fair value given recent momentum; these provide mixed signals depending on assumptions. Yahoo: valuation check
• Neutral Sentiment: Management tone: strong 2025 execution but cautious phrasing on 2026 growth — investors should watch guidance/remarks from the call for forward momentum. TipRanks: earnings call takeaways
• Negative Sentiment: North America remains a drag — Q4 North America revenue fell and regional weakness could limit upside until U.S. activity recovers. Barron’s: North America drag
• Negative Sentiment: Insider selling and mixed year‑over‑year metrics noted by some data providers; monitor insider flows and quarterly cash trends for signs of sustainable recovery. QuiverQuant: financial snapshot & insider activity

About Halliburton

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.