Schlumberger Cuts Q1 Outlook Amid Middle East Disruptions
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The latest announcement is out from Schlumberger ( (SLB) ).
On March 11, 2026, SLB reported that it is closely monitoring escalating geopolitical tensions in the Middle East and has activated local and regional crisis response teams, prioritizing employee safety. The company has suspended travel to and through the region and begun demobilizing operations in several countries in line with customer-driven measures to protect personnel and facilities.
SLB said these protective steps will remain in force until conditions stabilize, with a phased return to full activity planned as circumstances permit. The company warned that first-quarter revenue will be lower than expected and projected an earnings impact of about $0.06 to $0.09 per diluted share, but stressed that, despite near-term disruptions, it remains confident in the resilience of its global business and its long experience managing geopolitical crises.
The most recent analyst rating on (SLB) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Schlumberger stock, see the SLB Stock Forecast page.
Spark’s Take on SLB Stock
According to Spark, TipRanks’ AI Analyst, SLB is a Outperform.
The score is driven primarily by solid financial quality (strong cash generation and a notably strengthened balance sheet) and a constructive earnings-call outlook with defined growth and capital-return plans. These positives are tempered by cooling 2025 profitability versus 2024, stretched technical momentum signals, and a valuation that is not clearly cheap for a cyclical business.
To see Spark’s full report on SLB stock, click here.
More about Schlumberger
SLB, formerly Schlumberger, is a global oilfield services and technology company that supports the upstream oil and gas industry with reservoir characterization, drilling, production, and digital solutions. The company has a major presence in the Middle East, a core market for its services, and emphasizes operational resilience across diverse geographies.
Average Trading Volume: 18,515,400
Technical Sentiment Signal: Buy
Current Market Cap: $71.94B
See more insights into SLB stock on TipRanks’ Stock Analysis page.
