13.5% Below Target

Halliburton Company (HAL) has a consensus 12-month price target of $39.64, implying 13.5% upside from $34.93. The 64 analysts covering HAL see moderate appreciation potential.

HAL has a consensus rating of "Buy" based on 64 Wall Street analysts. The rating breakdown is predominantly bullish, with 45 Buy/Strong Buy ratings. The consensus 12-month price target of $39.64 implies 13.5% upside from current levels.

With a forward P/E of 14.8178x, HAL trades at a relatively low valuation. The consensus target of $39.64 implies 13.5% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $55 for HAL, while the most conservative target is $30. The consensus of $39.64 represents the median expectation. Our quantitative valuation model projects a bull case target of $63 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

HAL is heavily covered by Wall Street, with 64 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 44 have Buy ratings, 16 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month HAL stock forecast based on 64 Wall Street analysts shows a consensus price target of $39.64, with estimates ranging from $30 (bear case) to $55 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $48, with bear/bull scenarios of $30/$63.

Our quantitative valuation model calculates HAL's fair value at $48 (base case), with a bear case of $30 and bull case of $63. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.

HAL trades at a forward P/E ratio of 14.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 23.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on HAL, with a "Buy" consensus rating and $39.64 price target (13.5% upside). 45 of 64 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

HAL analyst price targets range from $30 to $55, a 63% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $39.64 consensus represents the middle ground. Our model's $30-$63 range provides an independent fundamental perspective.