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Schlumberger (SLB) Gets a Buy from Citi

Tipranks - Tipranks - Wed Mar 18, 5:42AM CDT

In a report released yesterday, Scott Gruber from Citi maintained a Buy rating on Schlumberger, with a price target of $56.00. The company’s shares closed yesterday at $44.96.

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According to TipRanks, Gruber is a 5-star analyst with an average return of 13.4% and a 57.97% success rate. Gruber covers the Energy sector, focusing on stocks such as Comstock Resources, Borr Drilling, and Weatherford International.

Currently, the analyst consensus on Schlumberger is a Strong Buy with an average price target of $54.54, representing a 21.31% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $49.00 price target.

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Based on Schlumberger’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $9.75 billion and a net profit of $800 million. In comparison, last year the company earned a revenue of $9.28 billion and had a net profit of $1.1 billion

Based on the recent corporate insider activity of 41 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 SLB in relation to earlier this year. Most recently, in January 2026, Dianne Ralston, the CLO & Sec of SLB sold 36,284.00 shares for a total of $1,809,308.25.

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