SLB slides after warning Middle East disruptions will pressure Q1 results

SLB (SLB) is down 5.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a new company update warning that operational disruptions in the Middle East will reduce first-quarter revenue and add costs. SLB quantified the earnings impact at roughly $0.06–$0.09 per diluted share, which likely drove estimate cuts and a broad de-risking reaction from investors.

Details:

SLB disclosed that travel to and transit through parts of the Middle East have been suspended as the company prioritizes employee safety.

Management said it has started demobilizing operations in a few countries in response to customer actions to safeguard personnel and facilities.

SLB said first-quarter revenue will be lower than previously expected and it expects to incur additional costs.

The company estimated an impact of approximately 6–9 cents of earnings per diluted share for the first quarter, while noting the situation remains dynamic and could change.

Sources:

SEC, TradingView, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SLB Insider Trading Activity

$SLB insiders have traded $SLB stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.

Here’s a breakdown of recent trading of $SLB stock by insiders over the last 6 months:

ABDELLAH MERAD (EVP, Core Services & Equipment) has made 0 purchases and 2 sales selling 120,000 shares for an estimated $5,243,400.
STEPHANE BIGUET (EVP & CFO) has made 0 purchases and 2 sales selling 99,464 shares for an estimated $4,445,472.
PEUCH OLIVIER LE (Chief Executive Officer) has made 0 purchases and 2 sales selling 50,000 shares for an estimated $2,560,000.
DIANNE B. RALSTON (Chief Legal Officer & Sec) has made 0 purchases and 2 sales selling 58,344 shares for an estimated $2,354,891.
HOWARD GUILD (Chief Accounting Officer) sold 13,268 shares for an estimated $659,419
LA CHEVARDIERE PATRICK DE sold 4,000 shares for an estimated $201,160
PETER JOHN COLEMAN sold 5,500 shares for an estimated $197,010

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$SLB Hedge Fund Activity

We have seen 703 institutional investors add shares of $SLB stock to their portfolio, and 846 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 11,884,654 shares (+169.0%) to their portfolio in Q4 2025, for an estimated $456,133,020
PACER ADVISORS, INC. removed 8,712,517 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $334,386,402
SANDERS CAPITAL, LLC removed 7,590,519 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $291,324,119
BLACKROCK, INC. added 6,448,765 shares (+5.3%) to their portfolio in Q4 2025, for an estimated $247,503,600
BANK OF NEW YORK MELLON CORP added 6,149,511 shares (+64.4%) to their portfolio in Q4 2025, for an estimated $236,018,232
BALYASNY ASSET MANAGEMENT L.P. removed 5,929,277 shares (-96.9%) from their portfolio in Q4 2025, for an estimated $227,565,651
WELLINGTON MANAGEMENT GROUP LLP added 5,589,585 shares (+50.6%) to their portfolio in Q4 2025, for an estimated $214,528,272

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SLB Government Contracts

We have seen $2,863,469 of award payments to $SLB over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

GIT MAINTENANCE FY26 SLB: $1,975,602
GIT PROSOURCE UPGRADE: $799,040
BOEM STUDIO MANAGER PLUGIN GIT: $68,424
PULSED NEUTRON GENERATORS FOR THE NASA DRAGONFLY AND DRAGONFLY TITAN LANDER AND THE DEVELOPMENT AND ADVANCE...: $20,402

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$SLB Congressional Stock Trading

Members of Congress have traded $SLB stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SLB stock by members of Congress over the last 6 months:

REPRESENTATIVE LISA C. MCCLAIN has traded it 4 times. They made 2 purchases worth up to $30,000 on 10/30, 09/25 and 2 sales worth up to $30,000 on 10/31, 10/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$SLB Analyst Ratings

Wall Street analysts have issued reports on $SLB in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stifel issued a "Buy" rating on 01/21/2026
Evercore ISI Group issued a "Outperform" rating on 01/06/2026
Bernstein issued a "Outperform" rating on 12/11/2025
Barclays issued a "Overweight" rating on 10/21/2025
Citigroup issued a "Buy" rating on 10/21/2025

To track analyst ratings and price targets for $SLB, check out Quiver Quantitative's $SLB forecast page.

$SLB Price Targets

Multiple analysts have issued price targets for $SLB recently. We have seen 17 analysts offer price targets for $SLB in the last 6 months, with a median target of $54.0.

Here are some recent targets:

Guillaume Delaby from Bernstein set a target price of $56.1 on 03/12/2026
Neil Mehta from Goldman Sachs set a target price of $60.0 on 03/04/2026
Lloyd Byrne from Jefferies set a target price of $58.0 on 02/02/2026
Keith Mackey from RBC Capital set a target price of $54.0 on 01/26/2026
Chase Mulvehill from B of A Securities set a target price of $55.0 on 01/26/2026
Phillip Jungwirth from BMO Capital set a target price of $55.0 on 01/26/2026
Scott Gruber from Citigroup set a target price of $56.0 on 01/26/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.