SLB stock has reached a new 52-week high of $51.69, marking a 24.46% increase over the past year and significant gains over six months and year-to-date. This performance is supported by new high-value contracts with Kuwait Oil Company and Petroleum Development Oman, along with strong Q4 2025 earnings that led Stifel to raise its price target. However, Freedom Capital Markets downgraded SLB due to concerns over weak global drilling activity.
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Slb stock hits 52-week high, reaching 51.69 USD
SLB stock has reached a new 52-week high of $51.69, marking a 24.46% increase over the past year and significant gains over six months and year-to-date. This performance is supported by new high-value contracts with Kuwait Oil Company and Petroleum Development Oman, along with strong Q4 2025 earnings that led Stifel to raise its price target. However, Freedom Capital Markets downgraded SLB due to concerns over weak global drilling activity.