UBS Lowers Firm’s PT on Schlumberger Limited (SLB), Keeps a Buy

Schlumberger Limited (NYSE:SLB) is one of the Most Undervalued US Stocks According to Wall Street Analysts. On August 20, UBS analyst Josh Silverstein lowered the firm’s price target on Schlumberger Limited (NYSE:SLB) from $45 to $44, while keeping a Buy rating on the stock.

The analyst noted that the persistent commodity headwinds continue to dampen the upside potential for the company. In addition, the company reported mixed results during its fiscal second quarter of 2025. The company delivered revenue of $8.55 million, down 6.49% year-over-year, but ahead of expectations by $50.04 million. The EPS of $0.74 also exceeded expectations by $0.01.

UBS Lowers Firm's PT on Schlumberger Limited (SLB), Keeps a Buy

An aerial view of a well site, depicting the scale of oil and gas operations.

Management noted that the company showed resilience despite weaker upstream spending and economic uncertainty. The company remains optimistic for the second half of 2025 and believes that the growth would be driven by a diversified portfolio, digital strengths, and cost management.

Schlumberger Limited (NYSE:SLB) is a global technology company that provides advanced solutions for the oil and gas industry.

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Disclosure: None. This article is originally published at Insider Monkey.