HAL

Halliburton released its Q3 2026 earnings, showing how key metrics stack up against analyst estimates and last year’s figures. The report offers a snapshot of the company’s performance for the quarter ending September 2026.

Halliburton shares fell about 2.6% to $33.10 after the company posted solid but unremarkable Q3 2026 results, with $5.7 billion in revenue and $0.60 per share earnings. Investors are questioning the company’s cash flow outlook.

UBS kept its recommendation neutral on Halliburton and lowered the price target from $42 to $41, signaling a modest adjustment to the stock’s valuation.

Halliburton’s Q3 EBITDA fell short of expectations, but RBC said the preliminary 2027 outlook helped offset the miss.

Jefferies maintained a buy rating on Halliburton and raised its price target from $47 to $48, reflecting a positive view of the company’s prospects.

An analyst noted that Halliburton’s lighter international mix could slow growth, even though the company beat Q3 earnings per share estimates and RBC lifted its target.

Oilfield services company Halliburton (NYSE:HAL) reported Q3 2026 results beating Wall Street’s revenue expectations, with sales up 1.8% year on year to $5.70 billion. Its non-GAAP profit of $0.60 per share was 2.6% above analysts’ consensus estimates.

After Halliburton beat Q3 estimates with $5.703 billion in revenue and $0.60 EPS, RBC raised its target to $46 while Barclays cut its target to $51.