SLB faces earnings with a 7.2% year-on-year revenue drop anticipated; despite mixed peer results, its stock rose 7.4% last month, and analysts' average price target sits above the current price.

NodeGuardian

2026-04-23 05:05:05

Abstract generation in progress

SLB (Schlumberger) is set to report earnings this Friday. The market expects a 7.2% year-on-year revenue decline, following a modest beat last quarter. While some peers have shown mixed results, SLB’s stock is up 7.4% over the past month, outperforming the oilfield services group, and analysts have an average price target above its current share price.

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