Piper Sandler Remains a Buy on Halliburton (HAL)
In a report released today, Derek Podhaizer from Piper Sandler maintained a Buy rating on Halliburton, with a price target of $43.00.
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Podhaizer covers the Energy sector, focusing on stocks such as Helmerich & Payne, Atlas Energy Solutions, and Weatherford International. According to TipRanks, Podhaizer has an average return of 17.0% and a 56.41% success rate on recommended stocks.
In addition to Piper Sandler, Halliburton also received a Buy from Stifel Nicolaus’s Stephen Gengaro in a report issued today. However, on July 8, Wolfe Research initiated coverage with a Hold rating on Halliburton (NYSE: HAL).
Based on Halliburton’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.71 billion and a net profit of $534 million. In comparison, last year the company earned a revenue of $5.51 billion and had a net profit of $472 million
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HAL in relation to earlier this year. Most recently, in May 2026, Tobi M. Young, a Director at HAL sold 6,125.00 shares for a total of $255,535.00.
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