Analyst Initiates Weatherford International (WFRD) with ‘Outperform’ Rating

Weatherford International plc (NASDAQ:WFRD) is included among the 14 Best Energy Stocks to Buy According to Wall Street Analysts.

Analyst Initiates Weatherford International (WFRD) with 'Outperform' Rating

Weatherford International plc (NASDAQ:WFRD) provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

On March 18, RBC Capital initiated coverage of Weatherford International plc (NASDAQ:WFRD) with an ‘Outperform’ rating and a price target of $105, indicating an upside of over 15% from the current levels.

According to RBC, Weatherford International plc (NASDAQ:WFRD) offers its investors ‘peer-leading’ cash generation and returns. The firm believes that the stock trades at an attractive entry point due to the war in the Middle East, which has created significant supply disruptions by choking around 20% of the global oil and LNG supply.

RBC believes that WFRD is discounting the meaningful risk associated with the US-Iran war. The firm contended that the stock should re-rate higher on Weatherford’s solid free cash flow and return on equity metrics.

Weatherford International plc (NASDAQ:WFRD) reported an adjusted free cash flow of $222 million for its Q4 2025 last month, indicating a sequential growth of 124% and a YoY increase of 37%. The company is targeting a free cash flow conversion rate in the range of ‘low to mid-40%’ for FY 2026.

While we acknowledge the risk and potential of WFRD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WFRD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 13 Oil Stocks with Highest Dividends.

Disclosure: None. Follow Insider Monkey on Google News.