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These analysts cut their forecasts on Halliburton following Q2 results

· · 1 min read
Halliburton logo on the website homepage.
Halliburton logo on the website homepage.

Halliburton Company HAL on Tuesday reported better-than-expected second-quarter 2026 results. Adjusted EPS of 55 cents beat the 54-cent estimate. Revenue rose 3.7% year over year to $5.714 billion, topping the $5.486 billion estimate. “I am pleased with Halliburton’s performance this quarter, and believe the global outlook for Halliburton is strong. I expect our differentiated technology and value proposition set the stage for revenue growth and...

Halliburton Company HAL on Tuesday reported better-than-expected second-quarter 2026 results.

Adjusted EPS of 55 cents beat the 54-cent estimate. Revenue rose 3.7% year over year to $5.714 billion, topping the $5.486 billion estimate.

“I am pleased with Halliburton’s performance this quarter, and believe the global outlook for Halliburton is strong. I expect our differentiated technology and value proposition set the stage for revenue growth and margin expansion,” CEO Jeff Miller said.

Halliburton shares fell 1.3% to trade at $32.77 on Wednesday.

These analysts made changes to their price targets on Halliburton following earnings announcement.

  • Barclays analyst David Anderson maintained the stock with an Overweight rating and lowered the price target from $55 to $53.
  • Evercore ISI Group analyst James West maintained the stock with an Outperform rating and lowered the price target from $46 to $43.

Considering buying HAL stock? Here’s what analysts think:

These Analysts Cut Their Forecasts On Halliburton Following Q2 Results

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This article These Analysts Cut Their Forecasts On Halliburton Following Q2 Results originally appeared on Benzinga.com.

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