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SLB upgraded to bullish after Q3 beats and strong growth outlook through 2027.

Analyst Insights
24 Oct 2026
Seeking Alpha
View Source
Bullish
SLB upgraded to bullish after Q3 beats and strong growth outlook through 2027.

SLB N.V. has been upgraded from neutral to bullish following its Q3 results, which showed better-than-expected revenue and earnings per share. All four divisions improved margins sequentially, with strong performance outside the Middle East. The company projects about $10 billion in Q4 revenue despite flat activity in the Middle East and expects earnings per share to grow 30% year-over-year by 2027. Additionally, SLB's dividend yield has increased to 2.22%, buybacks remain strong, and the recent Kelvion acquisition is anticipated to add value within a year of closing.

SLB stock performance is shown here as of Oct 24, 2026 17:51 WIB. For readers following energy-sector stocks, here is Pluang's market snapshot: out of 79 priced US energy stocks on Pluang, 67 rose and 12 fell today. SLB was priced at USD 53.06 with a 1-day change of +7.08%, typical hold time on Pluang is 100 days, and Pluang order activity was 83% Sell / 17% Buy. Other notable movers include KOS at USD 2.87 (+6.30%) and VIST at USD 74.84 (+5.99%).

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