SLB N.V. (SLB) Releases Update About Q1 2026 Outlook

SLB N.V. (NYSE:SLB) is one of the Most Undervalued Stocks to Buy According to Analysts. On March 11, the company released an update about Q1 2026 outlook, with SLB N.V. (NYSE:SLB) expecting to incur additional costs. This can result in an impact of ~6 – 9 cents of earnings per diluted share for Q1 2026. SLB N.V. (NYSE:SLB) also noted that its revenue for the quarter will be lower than anticipated.

SLB N.V. (SLB) Releases Update About Q1 2026 Outlook

However, despite the challenges, SLB N.V. (NYSE:SLB) is confident in the underlying resilience of the global business, which includes the Middle East. It possesses significant experience in navigating the challenges whilst focusing on its global customer base.

In a different update, Bernstein analyst Guillaume Delaby lifted the firm’s price objective on SLB N.V. (NYSE:SLB)’s stock to $56.10 from $52.30, while keeping an “Outperform” rating. Notably, the firm adjusted its model after the company announced that it expects lower revenue in Q1 2026.

SLB (NYSE:SLB) provides technology for the energy industry worldwide. It operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.

READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts.

Disclosure: None. Follow Insider Monkey on Google News.