Schlumberger Limited (SLB) AI Stock Analysis
SLB AI stock analysis summary
AI ResearchSchlumberger Limited provides global technology and services for the energy sector across reservoir performance, well construction, and production systems. In FY2025, the company generated $35.71B in revenue and $4.54B in free cash flow, following a 5-year revenue CAGR of 8.6%. Over the past year, SLB shares delivered a 54.0% return while supporting an annual dividend of $1.18 per share.
- Market cap
- $73.47B
- Revenue (TTM)
- $36.37B
- P/E
- 23.9x fwd 15.9x
- 1Y return
- 54.0% S&P 500 16.8%
- Avg. target
- $62.38 26.0% vs last close
Bull case
- The stock carries a consensus mean price target of $62.38, representing upside of 26.0% from the last close of $49.50.
- Schlumberger demonstrated strong cash generation in FY2025, posting $4.54B in free cash flow and returning $2.41B through share buybacks.
- Analyst projections for the next fiscal year forecast EPS growth of 28.5% to $3.18 alongside revenue expansion of 8.0% to $39.87B.
Bear case
- In the latest quarter ended June 30, 2026, quarterly earnings fell 29.7% year-over-year.
- Schlumberger trades at a forward P/E of 15.9x and an EV/EBITDA of 12.9x, both higher than the S&P 500 Energy peer medians of 13.4x and 7.9x.
- Consensus estimates anticipate EPS to decline 15.7% to $2.47 for the current fiscal year ending December 31, 2026.
What SLB does
Schlumberger Limited provides technology and solutions tailored for the global energy industry across four core divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company offers services and products essential for field development, hydrocarbon production, and carbon management. Its capabilities include subsurface geology analysis, data processing, reservoir interpretation, open and cased hole services, and pressure and flow-rate measurement. Schlumberger also supplies drilling equipment, mud logging, directional drilling, well stimulation technologies, well cementing solutions, artificial lift production equipment, and intelligent well completions technology to optimize operational efficiency.
Growth and profitability
Schlumberger increased annual revenue from $22.93B in FY2021 to $28.09B in FY2022 and $33.13B in FY2023, peaking at $36.29B in FY2024 before revenue fell 1.6% to $35.71B in FY2025. Over the same period, net income reached $4.46B in FY2024 and stood at $3.35B in FY2025, with net margin moving from 8.2% in FY2021 to 9.4% in FY2025. Over the trailing twelve months ending June 30, 2026, revenue totaled $36.37B with an operating margin of 12.7% and EPS of $2.07. In the latest quarter, quarterly revenue grew 5.0% year-over-year, while quarterly earnings declined 29.7%.
Balance sheet and cash flow
As of June 30, 2026, Schlumberger held $4.07B in cash and short-term investments against $12.80B in total debt, resulting in net debt of $8.73B. Total assets stood at $55.53B and shareholders' equity was $26.07B, supporting a current ratio of 1.44 and a debt-to-equity ratio of 0.49. In FY2025, the company generated $6.49B in operating cash flow and $4.54B in free cash flow. Cash deployment in FY2025 included $1.95B for capital expenditures, $2.41B for share buybacks, and $1.60B for dividends paid.
Valuation and performance
Schlumberger trades at a trailing P/E of 23.9x and a forward P/E of 15.9x, compared to medians of 17.8x and 13.4x, respectively, for the median of its S&P 500 Energy peers. Its EV/EBITDA multiple is 12.9x versus the peer median of 7.9x, while its price-to-sales ratio is 2.0x compared to the peer median of 2.4x. SLB shares gained 54.0% over the trailing one-year period, outperforming the S&P 500 return of 16.8%, but its 5-year return of 62.6% trails the S&P 500 return of 83.0%.
SLB dividend
Schlumberger pays an annual forward dividend of $1.18 per share, which equates to a dividend yield of 2.38% with a payout ratio of 46.1%. The company distributes dividends quarterly and has paid dividends for 45 consecutive years, delivering a 5-year annualized dividend growth rate of 5.4%. The most recent ex-dividend date was September 2, 2026.
What analysts expect
Wall Street coverage consists of 19 Strong Buy, 7 Buy, 2 Hold, 1 Sell, and 1 Strong Sell recommendations. The mean price target of $62.38 represents a 26.0% premium over the last close of $49.50. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $2.47 and revenue of $36.93B. Schlumberger has exceeded EPS estimates in each of the last 4 quarters, and its next earnings date is October 23, 2026.
Key risks and what to watch
- Total debt stood at $12.80B as of June 30, 2026, leading to a net debt burden of $8.73B.
- Annual revenue fell 1.6% in FY2025 to $35.71B, reflecting sensitivity to energy sector spending cycles.
- Trailing twelve-month operating margin of 12.7% remains substantially below the S&P 500 Energy peer median of 27.1%.
- Short interest accounts for 4.7% of the company's float as of October 16, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SLB AI stock analysis
This page is an AI-written research summary of Schlumberger Limited (SLB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SLB income statement, SLB balance sheet, SLB key metrics, SLB analyst forecast, SLB chart. See the SLB stock overview for the latest quote and news.
SLB AI stock analysis FAQ
What is Schlumberger's current dividend yield and payout schedule?
Schlumberger offers a forward dividend yield of 2.38%, reflecting an annual dividend of $1.18 per share paid quarterly. The company maintains a payout ratio of 46.1% and has paid dividends for 45 consecutive years.
When is Schlumberger's next earnings report?
Schlumberger is scheduled to report earnings on October 23, 2026. The company beat EPS consensus estimates in all of the last 4 quarters.
How do analysts rate SLB stock?
Schlumberger has 19 Strong Buy, 7 Buy, 2 Hold, 1 Sell, and 1 Strong Sell ratings. The average price target of $62.38 is 26.0% above the last closing price of $49.50.
What is Schlumberger's debt position?
As of June 30, 2026, Schlumberger held $4.07B in cash and short-term investments alongside $12.80B in total debt, resulting in net debt of $8.73B and a debt-to-equity ratio of 0.49.