Providing a diverse range of perspectives from bullish to bearish, 18 analysts have published ratings on Halliburton (NYSE:HAL) in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 3 | 8 | 0 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 3 | 0 | 1 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 4 | 2 | 3 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $30.94, a high estimate of $39.00, and a low estimate of $24.00. This current average has increased by 15.92% from the previous average price target of $26.69.

A comprehensive examination of how financial experts perceive Halliburton is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Derek Podhaizer | Piper Sandler | Raises | Neutral | $30.00 | $29.00 |
| Marc Bianchi | TD Cowen | Raises | Buy | $39.00 | $38.00 |
| Charles Minervino | Susquehanna | Raises | Positive | $36.00 | $29.00 |
| James West | Evercore ISI Group | Raises | In-Line | $35.00 | $28.00 |
| Sergey Pigarev | Freedom Capital Markets | Announces | Sell | $32.00 | - |
| Derek Podhaizer | Piper Sandler | Raises | Neutral | $29.00 | $27.00 |
| David Anderson | Barclays | Raises | Equal-Weight | $30.00 | $25.00 |
| Josh Silverstein | UBS | Raises | Neutral | $32.00 | $24.00 |
| Scott Gruber | Citigroup | Raises | Buy | $33.00 | $31.00 |
| Sebastian Erskine | Rothschild & Co | Announces | Buy | $35.00 | - |
| Neil Mehta | Goldman Sachs | Raises | Buy | $28.00 | $25.00 |
| David Anderson | Barclays | Raises | Equal-Weight | $25.00 | $20.00 |
| Josh Silverstein | UBS | Raises | Neutral | $24.00 | $23.00 |
| Samantha Hoh | HSBC | Raises | Buy | $30.00 | $23.00 |
| Derek Podhaizer | Piper Sandler | Raises | Neutral | $27.00 | $25.00 |
| Keith Mackey | RBC Capital | Raises | Outperform | $31.00 | $26.00 |
| Charles Minervino | Susquehanna | Raises | Positive | $29.00 | $27.00 |
| Stephen Gengaro | Stifel | Raises | Buy | $32.00 | $27.00 |
For valuable insights into Halliburton's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Halliburton analyst ratings.
Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Decline in Revenue: Over the 3M period, Halliburton faced challenges, resulting in a decline of approximately -1.7% in revenue growth as of 30 September, 2025. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Halliburton's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 0.32%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 0.17%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Halliburton's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.07%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Halliburton's debt-to-equity ratio stands notably higher than the industry average, reaching 0.84. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.