Weatherford (WFRD) Stock Forecast, Price Target & Predictions


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WFRD Stock Forecast


Weatherford stock forecast is as follows: an average price target of $164.00 (represents a 79.04% upside from WFRD’s last price of $91.60) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

WFRD Price Target


The average price target for Weatherford (WFRD) is $164.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $184.00 to $144.00. This represents a potential 79.04% upside from WFRD's last price of $91.60.

WFRD Analyst Ratings


Buy

According to 10 Wall Street analysts, Weatherford's rating consensus is 'Buy'. The analyst rating breakdown for WFRD stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Weatherford Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 17, 2024Ati ModakGoldman Sachs$144.00$123.6716.44%57.21%
Apr 25, 2024Luke LemoinePiper Sandler$184.00$122.8849.75%100.87%
Apr 08, 2024Luke LemoinePiper Sandler$180.00$123.6745.55%96.51%
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The latest Weatherford stock forecast, released on May 17, 2024 by Ati Modak from Goldman Sachs, set a price target of $144.00, which represents a 16.44% increase from the stock price at the time of the forecast ($123.67), and a 57.21% increase from WFRD last price ($91.60).

Weatherford Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$169.33
Last Closing Price$91.60$91.60$91.60
Upside/Downside-100.00%-100.00%84.86%

In the current month, the average price target of Weatherford stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Weatherford's last price of $91.60. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 25, 2024Raymond JamesBuyBuyHold
Sep 25, 2024Dawson JamesUnderperformUnderperformHold
Sep 25, 2024CitigroupBuyBuyHold
Jul 25, 2024BarclaysOverweightOverweightHold
Jul 15, 2024Piper SandlerBuyBuyHold
May 17, 2024Goldman SachsBuyBuyHold
May 14, 2024Sandler O'NeillBuyBuyHold
May 14, 2024Citigroup-BuyInitialise
Apr 25, 2024Evercore ISIOutperformOutperformHold
Apr 08, 2024Piper SandlerOverweightOverweightHold
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Weatherford's last stock rating was published by Raymond James on Sep 25, 2024. The company gave WFRD a "Buy" rating, the same as its previous rate.

Weatherford Financial Forecast


Weatherford Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Revenue---------$1.31B$1.27B$1.19B$1.21B$1.12B-$938.00M$965.00M$945.00M$903.00M$832.00M$842.00M$807.00M$821.00M$1.22B$985.00M$1.31B$1.31B$1.35B
Avg Forecast$1.67B$1.57B$1.51B$1.45B$1.51B$1.43B$1.42B$1.33B$1.34B$1.28B$1.23B$1.12B$1.16B$1.10B$1.00B$930.50M$961.50M$929.00M$841.00M$763.20M$800.44M$784.00M$820.33M$1.17B$1.24B$1.33B$1.33B$1.35B
High Forecast$1.67B$1.57B$1.51B$1.45B$1.51B$1.43B$1.42B$1.33B$1.35B$1.31B$1.23B$1.12B$1.16B$1.10B$1.00B$941.89M$973.27M$940.37M$851.29M$772.54M$810.23M$793.59M$830.37M$1.18B$1.26B$1.35B$1.34B$1.36B
Low Forecast$1.67B$1.57B$1.51B$1.45B$1.51B$1.42B$1.42B$1.33B$1.34B$1.27B$1.23B$1.12B$1.16B$1.10B$1.00B$918.97M$949.59M$917.49M$830.58M$753.74M$790.52M$774.29M$810.17M$1.15B$1.23B$1.31B$1.31B$1.33B
# Analysts1111242136334422333344442222
Surprise %---------1.02%1.04%1.06%1.04%1.02%-1.01%1.00%1.02%1.07%1.09%1.05%1.03%1.00%1.04%0.79%0.99%0.99%1.00%

Weatherford's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.34B, with a low forecast of $1.34B, and a high forecast of $1.35B. WFRD's average Quarter revenue forecast represents a 1.89% increase compared to the company's last Quarter revenue of $1.31B (Sep 23).

Weatherford EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111242136334422333344442222
EBITDA---------$277.00M$186.00M$230.00M$220.00M$195.00M-$89.00M$11.00M$114.00M$123.00M$88.00M$7.00M$30.00M$-397.00M$-707.00M$5.45B$-646.00M$-7.00M$-191.00M
Avg Forecast$86.29M$81.20M$78.22M$75.24M$78.22M$73.93M$73.51M$45.01M$69.25M$66.38M$63.48M$40.92M$15.60M$56.82M$51.97M$37.20M$14.19M$93.18M$148.39M$39.51M$41.43M$40.58M$42.46M$60.35M$64.34M$68.88M$68.59M$69.75M
High Forecast$86.29M$81.20M$78.22M$75.24M$78.22M$73.93M$73.51M$54.01M$69.77M$67.83M$63.48M$49.10M$18.72M$56.82M$51.97M$44.64M$17.02M$111.82M$178.07M$39.99M$41.94M$41.08M$42.98M$61.09M$65.13M$69.72M$69.43M$70.60M
Low Forecast$86.29M$81.20M$78.22M$75.24M$78.22M$73.41M$73.51M$36.01M$69.25M$65.74M$63.48M$32.73M$12.48M$56.82M$51.97M$29.76M$11.35M$74.55M$118.71M$39.02M$40.92M$40.08M$41.94M$59.60M$63.55M$68.02M$67.74M$68.89M
Surprise %---------4.17%2.93%5.62%14.10%3.43%-2.39%0.78%1.22%0.83%2.23%0.17%0.74%-9.35%-11.72%84.68%-9.38%-0.10%-2.74%

3 analysts predict WFRD's average Quarter EBITDA for Dec 23 to be $69.25M, with a high of $69.77M and a low of $69.25M. This is -75.00% lower than Weatherford's previous annual EBITDA (Sep 23) of $277.00M.

Weatherford Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111242136334422333344442222
Net Income---------$123.00M$82.00M$72.00M$72.00M$28.00M-$-74.00M$-157.00M$-95.00M$-78.00M$-116.00M$-200.00M$-174.00M$-581.00M$-966.00M$5.28B$-821.00M$-316.00M$-481.00M
Avg Forecast$180.26M$158.17M$153.67M$139.64M$146.76M$129.41M$131.07M$-43.38M$102.73M$86.60M$85.21M$-39.44M$-228.38M$30.50M$-11.58M$-35.85M$-207.62M$-77.65M$-94.10M$-88.55M$-102.12M$-94.55M$-105.45M$-112.24M$-52.54M$-22.41B$-11.58B$-12.90B
High Forecast$180.26M$158.17M$153.67M$139.64M$146.76M$132.45M$131.07M$-34.70M$104.90M$112.86M$85.21M$-31.55M$-182.70M$30.50M$-11.58M$-28.68M$-166.09M$-62.12M$-75.28M$-87.12M$-100.47M$-93.03M$-103.75M$-110.43M$-51.69M$-22.05B$-11.39B$-12.70B
Low Forecast$180.26M$158.17M$153.67M$139.64M$146.76M$124.08M$131.07M$-52.06M$99.84M$74.53M$85.21M$-47.32M$-274.06M$30.50M$-11.58M$-43.02M$-249.14M$-93.18M$-112.92M$-89.95M$-103.74M$-96.05M$-107.13M$-114.03M$-53.38M$-22.77B$-11.76B$-13.11B
Surprise %---------1.42%0.96%-1.83%-0.32%0.92%-2.06%0.76%1.22%0.83%1.31%1.96%1.84%5.51%8.61%-100.48%0.04%0.03%0.04%

Weatherford's average Quarter net income forecast for Dec 23 is $102.73M, with a range of $99.84M to $104.90M. WFRD's average Quarter net income forecast represents a -16.48% decrease compared to the company's last Quarter net income of $123.00M (Sep 23).

Weatherford SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111242136334422333344442222
SG&A---------$211.00M-$190.00M$203.00M$201.00M-$178.00M$187.00M$175.00M$188.00M$188.00M$186.00M$180.00M$223.00M$248.00M$185.00M$232.00M$247.00M$430.00M
Avg Forecast$242.38M$228.08M$219.73M$211.33M$219.73M$207.65M$206.48M$96.52M$194.52M$186.46M$178.32M$87.75M$265.26M$159.59M$145.98M$79.77M$241.15M$143.04M$226.81M$110.97M$116.38M$113.99M$119.28M$169.51M$180.74M$193.47M$192.68M$195.93M
High Forecast$242.38M$228.08M$219.73M$211.33M$219.73M$207.65M$206.48M$115.83M$195.98M$190.52M$178.32M$105.30M$318.31M$159.59M$145.98M$95.72M$289.38M$171.65M$272.18M$112.33M$117.81M$115.39M$120.74M$171.59M$182.95M$195.84M$195.03M$198.32M
Low Forecast$242.38M$228.08M$219.73M$211.33M$219.73M$206.21M$206.48M$77.22M$194.52M$184.65M$178.32M$70.20M$212.21M$159.59M$145.98M$63.82M$192.92M$114.43M$181.45M$109.59M$114.94M$112.58M$117.80M$167.41M$178.50M$191.07M$190.29M$193.50M
Surprise %---------1.13%-2.17%0.77%1.26%-2.23%0.78%1.22%0.83%1.69%1.60%1.58%1.87%1.46%1.02%1.20%1.28%2.19%

Weatherford's average Quarter SG&A projection for Dec 23 is $194.52M, based on 3 Wall Street analysts, with a range of $194.52M to $195.98M. The forecast indicates a -7.81% fall compared to WFRD last annual SG&A of $211.00M (Sep 23).

Weatherford EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111242136334422333344442222
EPS---------$1.70$1.14$1.00$1.01$0.39-$-1.06$-2.24$-1.36$-1.11$-1.66$-2.87$-2.48$-8.30$-13.80$75.41$-0.82$-0.31$-0.48
Avg Forecast$2.39$2.10$2.04$1.85$1.95$1.72$1.74$1.44$1.36$1.15$1.13$0.85$0.72$0.41$-0.15$-0.52$-0.66$-0.57$-0.88$-1.20$-1.38$-1.28$-1.43$-1.52$-0.71$-302.88$-156.44$-174.37
High Forecast$2.39$2.10$2.04$1.85$1.95$1.76$1.74$1.44$1.39$1.50$1.13$0.85$0.72$0.41$-0.15$-0.51$-0.65$-0.57$-0.86$-1.18$-1.36$-1.26$-1.40$-1.49$-0.70$-298.00$-153.92$-171.56
Low Forecast$2.39$2.10$2.04$1.85$1.95$1.65$1.74$1.44$1.33$0.99$1.13$0.85$0.72$0.41$-0.15$-0.53$-0.67$-0.58$-0.89$-1.22$-1.40$-1.30$-1.45$-1.54$-0.72$-307.70$-158.93$-177.14
Surprise %---------1.48%1.01%1.18%1.40%0.96%-2.04%3.39%2.37%1.26%1.39%2.08%1.94%5.82%9.10%-106.21%0.00%0.00%0.00%

According to 3 Wall Street analysts, Weatherford's projected average Quarter EPS for Dec 23 is $1.36, with a low estimate of $1.33 and a high estimate of $1.39. This represents a -19.75% decrease compared to WFRD previous annual EPS of $1.70 (Sep 23).

Weatherford Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RESRPC$7.00$13.0085.71%Hold
WFRDWeatherford$91.60$164.0079.04%Buy
TDWTidewater$71.25$124.0074.04%Strong Buy
OISOil States$5.11$7.5046.77%Hold
VALValaris$56.10$80.0042.60%Buy
NOVNOV$16.59$19.5017.54%Buy
LBRTLiberty Energy$20.51$23.3313.75%Buy
WHDCactus$64.30$54.00-16.02%Hold
OIIOceaneering$26.54$21.00-20.87%Buy
FTITechnipFMC$27.38$20.88-23.74%Buy

WFRD Forecast FAQ


Yes, according to 10 Wall Street analysts, Weatherford (WFRD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 90.00% of WFRD's total ratings.

Weatherford (WFRD) average price target is $164 with a range of $144 to $184, implying a 79.04% from its last price of $91.6. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WFRD stock, the company can go up by 79.04% (from the last price of $91.6 to the average price target of $164), up by 100.87% based on the highest stock price target, and up by 57.21% based on the lowest stock price target.

WFRD's average twelve months analyst stock price target of $164 supports the claim that Weatherford can reach $140 in the near future.

Weatherford's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $5.68B (high $5.68B, low $5.67B), average EBITDA is $270.67M (high $279.67M, low $261.15M), average net income is $363.86M (high $375.58M, low $349.85M), average SG&A $730.39M (high $749.69M, low $709.64M), and average EPS is $6.85 (high $6.89, low $6.78). WFRD's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.2B (high $6.2B, low $6.2B), average EBITDA is $320.95M (high $320.95M, low $320.95M), average net income is $631.74M (high $631.74M, low $631.74M), average SG&A $901.53M (high $901.53M, low $901.53M), and average EPS is $8.39 (high $8.39, low $8.39).

Based on Weatherford's last annual report (Dec 2023), the company's revenue was $5.14B, beating the average analysts forecast of $4.97B by 3.40%. Apple's EBITDA was $820M, beating the average prediction of $240.03M by 241.62%. The company's net income was $417M, beating the average estimation of $235.1M by 77.37%. Apple's SG&A was $804M, beating the average forecast of $647.05M by 24.26%. Lastly, the company's EPS was $5.79, beating the average prediction of $4.49 by 28.85%. In terms of the last quarterly report (Sep 2023), Weatherford's revenue was $1.31B, beating the average analysts' forecast of $1.28B by 2.39%. The company's EBITDA was $277M, beating the average prediction of $66.38M by 317.29%. Weatherford's net income was $123M, beating the average estimation of $86.6M by 42.04%. The company's SG&A was $211M, beating the average forecast of $186.46M by 13.16%. Lastly, the company's EPS was $1.7, beating the average prediction of $1.15 by 47.83%