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SLB N.V. (SLB) Releases Update About Q1 2026 Outlook
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SLB N.V. (NYSE:SLB) is one of the Most Undervalued Stocks to Buy According to Analysts. On March 11, the company released an update about Q1 2026 outlook, with SLB N.V. (NYSE:SLB) expecting to incur additional costs. This can result in an impact of ~6 – 9 cents of earnings per diluted share for Q1 2026. SLB N.V. (NYSE:SLB) also noted that its revenue for the quarter will be lower than anticipated. However, despite the challenges, SLB N.V. (NYSE:SLB) is confident in the underlying resilience of the global business, which includes the Middle East. It possesses significant experience in navigating the challenges whilst focusing on its global customer base. In a different update, Bernstein analyst Guillaume Delaby lifted the firm’s price objective on SLB N.V. (NYSE:SLB)’s stock to $56.10 from $52.30, while keeping an “Outperform” rating. Notably, the firm adjusted its model after the company announced that it expects lower revenue in Q1 2026. SLB (NYSE:SLB) provides technology for the energy industry worldwide. It operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. While we acknowledge the potential of SLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None. Follow Insider Monkey on Google News.