Goldman Sachs Keeps Their Buy Rating on Halliburton (HAL)

Goldman Sachs analyst Neil Mehta reiterated a Buy rating on Halliburton yesterday and set a price target of $42.00. The company’s shares closed yesterday at $33.19.

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According to TipRanks, Mehta is a 5-star analyst with an average return of 12.0% and a 61.41% success rate. Mehta covers the Energy sector, focusing on stocks such as Exxon Mobil, Schlumberger, and Ovintiv.

Halliburton has an analyst consensus of Strong Buy, with a price target consensus of $43.87, representing a 32.18% upside. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $40.00 price target.

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.