Wall Street analyst estimates for Halliburton Company (HAL): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Halliburton Company (HAL) is a global supplier of products and services tailored for the energy sector. Its operations are structured into two primary divisions: Completion and Production, and Drilling and Evaluation. The Completion and Production segment focuses on enhancing well output through techniques like stimulation and sand control.
Consensus price target
$43.10 (+19 % vs price $36.17)
between $37.00 and $51.00 · 6 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $22.5B | $22.5B – $22.7B | $2.33 | 15 |
| 2027E | $23.7B | $23.4B – $23.9B | $2.92 | 16 |
| 2028E | $24.9B | $23.6B – $26.2B | $3.47 | 10 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 46 |
| Hold | 15 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 64 |
| Avg rating (−2 sell to +2 buy) | 0.72 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-01-20 | $0.63 | ||
| 2026-10-20 | $0.60 | $0.58 | +2.6% |
| 2026-07-21 | $0.55 | $0.54 | +2.2% |
| 2026-04-21 | $0.55 | $0.50 | +10.3% |
| 2026-01-21 | $0.69 | $0.55 | +25.2% |
| 2025-10-21 | $0.58 | $0.50 | +16.3% |
| 2025-07-22 | $0.55 | $0.55 | -0.4% |
| 2025-04-22 | $0.60 | $0.60 | -0.3% |
Valuation Ratios
| P/E Ratio | 15.13 |
| Price / Book | 2.70 |
| EV / EBITDA | 8.98 |
| Dividend Yield | 1.88% |
Income Statement (10y)
| Year | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.05B | $12.57B | $16.27B | $19.88B | $10.10B | $12.96B | $15.26B | $18.28B | $14.68B | $17.97B | $24.83B | $28.50B | $29.40B | $32.87B | $23.63B | $15.89B | $20.62B | $24.00B | $22.41B | $14.45B | $15.29B | $20.30B | $23.02B | $22.94B | $22.18B |
| Cost of Revenue | $11.57B | $12.38B | $15.27B | $18.75B | $7.74B | $9.43B | $11.53B | $14.05B | $12.48B | $14.73B | $19.81B | $23.77B | $24.93B | $27.33B | $21.11B | $15.02B | $18.34B | $21.01B | $20.12B | $13.40B | $13.28B | $17.05B | $18.66B | $18.64B | $18.70B |
| Gross Profit | $1.47B | $193.0M | $1.00B | $1.13B | $2.36B | $3.53B | $3.74B | $4.23B | $2.20B | $3.24B | $5.02B | $4.73B | $4.47B | $5.54B | $2.52B | $870.0M | $2.28B | $2.99B | $2.29B | $1.04B | $2.02B | $3.24B | $4.36B | $4.30B | $3.48B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $460.0M | $588.0M | $601.0M | $487.0M | $329.0M | $360.0M | $390.0M | $404.0M | $309.0M | $321.0M | $345.0M | $408.0M | $426.0M | $411.0M |
| Selling, General & Admin | $387.0M | $335.0M | $330.0M | $361.0M | $294.0M | $342.0M | $293.0M | $282.0M | $207.0M | $229.0M | $281.0M | $275.0M | $333.0M | $293.0M | $200.0M | $226.0M | $256.0M | $254.0M | $227.0M | $182.0M | $204.0M | $240.0M | $226.0M | $239.0M | $239.0M |
| Operating Expenses | $387.0M | $305.0M | $283.0M | $312.0M | $193.0M | $284.0M | $241.0M | $220.0M | $202.0M | $229.0M | $281.0M | $614.0M | $1.38B | $439.0M | $2.69B | $7.64B | $903.0M | $519.0M | $2.73B | $3.48B | $216.0M | $536.0M | $277.0M | $479.0M | $1.22B |
| Operating Income | $1.08B | -$112.0M | $720.0M | $820.0M | $2.16B | $3.25B | $3.50B | $4.01B | $1.99B | $3.01B | $4.74B | $4.46B | $4.14B | $5.10B | -$165.0M | -$6.77B | $1.37B | $2.47B | -$448.0M | -$2.44B | $1.80B | $2.71B | $4.08B | $3.82B | $2.26B |
| EBITDA | $1.61B | $393.0M | $1.24B | $1.27B | $2.61B | $3.73B | $4.20B | $4.75B | $2.90B | $4.08B | $6.08B | $6.09B | $6.04B | $7.37B | $4.16B | $2.15B | $3.58B | $4.34B | $3.11B | $1.64B | $2.65B | $3.94B | $4.94B | $5.00B | $4.12B |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | $154.0M | $160.0M | $297.0M | $308.0M | $263.0M | $305.0M | $339.0M | $396.0M | $447.0M | $698.0M | $705.0M | $598.0M | $592.0M | $543.0M | $529.0M | $492.0M | $578.0M | $353.0M | $352.0M |
| Pre-tax Income | $954.0M | -$228.0M | $612.0M | $634.0M | $2.00B | $3.20B | $3.46B | $3.85B | $1.68B | $2.65B | $4.45B | $3.82B | $2.76B | $4.71B | -$936.0M | -$7.62B | $682.0M | $1.81B | -$1.12B | -$3.22B | $1.25B | $2.11B | $3.36B | $3.23B | $1.77B |
| Income Tax | $384.0M | $80.0M | $234.0M | $235.0M | -$125.0M | $1.00B | $907.0M | $1.21B | $518.0M | $853.0M | $1.44B | $1.24B | $648.0M | $1.27B | -$274.0M | -$1.86B | $1.13B | $157.0M | $7.0M | -$278.0M | -$216.0M | $515.0M | $701.0M | $718.0M | $479.0M |
| Net Income | $809.0M | -$998.0M | -$820.0M | -$979.0M | $2.36B | $2.35B | $3.50B | $2.22B | $1.15B | $1.83B | $2.84B | $2.63B | $2.12B | $3.50B | -$671.0M | -$5.76B | -$463.0M | $1.66B | -$1.13B | -$2.94B | $1.46B | $1.57B | $2.64B | $2.50B | $1.28B |
| EPS | $0.95 | $-1.16 | $-0.94 | $-1.12 | $2.33 | $2.32 | $3.83 | $1.75 | $1.27 | $2.02 | $3.09 | $2.85 | $2.37 | $4.13 | $-0.79 | $-6.69 | $-0.53 | $1.89 | $-1.29 | $-3.34 | $1.63 | $1.74 | $2.93 | $2.83 | $1.51 |
| EPS (Diluted) | $0.94 | $-1.16 | $-0.94 | $-1.11 | $2.27 | $2.23 | $3.68 | $1.70 | $1.27 | $2.01 | $3.08 | $2.84 | $2.36 | $4.11 | $-0.79 | $-6.69 | $-0.53 | $1.89 | $-1.29 | $-3.34 | $1.63 | $1.73 | $2.92 | $2.83 | $1.50 |
| Shares Outstanding (Diluted) | 860.0 M | 864.0 M | 874.0 M | 882.0 M | 1,038.0 M | 1,054.0 M | 950.0 M | 904.0 M | 902.0 M | 911.0 M | 922.0 M | 928.0 M | 902.0 M | 852.0 M | 853.0 M | 861.0 M | 870.0 M | 877.0 M | 875.0 M | 881.0 M | 892.0 M | 908.0 M | 902.0 M | 883.0 M | 840.0 M |
Price
| Price | $36.17 (closing price, October 30, 2026) |
| Market Cap | $29.9B |
| Exchange | NYSE |
| Country | US |
Related companies: BKR · WFRD · SLB · FTI · NOV
Explore sector: Energy · Oil & Gas Equipment & Services
More sections of HAL: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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