Weatherford International (NASDAQ:WFRD) Stock Gets Price Target Reduction from UBS Group

Weatherford International (NASDAQ:WFRD) had its price objective cut by equities researchers at UBS Group from $116.00 to $111.00 in a report released on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group‘s price objective would indicate a potential upside of 36.73% from the stock’s current price.

Several other equities research analysts have also commented on WFRD. Wall Street Zen lowered shares of Weatherford International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Piper Sandler lowered their target price on shares of Weatherford International from $118.00 to $110.00 and set an “overweight” rating for the company in a report on Monday. Citigroup lowered their target price on shares of Weatherford International from $115.00 to $112.00 and set a “buy” rating for the company in a report on Monday. Royal Bank Of Canada dropped their price target on Weatherford International from $124.00 to $123.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Zacks Research downgraded Weatherford International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.86.

Weatherford International Stock Down 5.0%

Shares of WFRD stock traded down $4.31 during mid-day trading on Thursday, reaching $81.18. 2,219,564 shares of the company’s stock traded hands, compared to its average volume of 1,234,751. Weatherford International has a 12 month low of $66.54 and a 12 month high of $113.15. The company has a market cap of $5.81 billion, a P/E ratio of 14.47, a P/E/G ratio of 1.46 and a beta of 1.05. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 0.81. The company’s 50-day moving average price is $85.86 and its 200-day moving average price is $92.31.

Weatherford International (NASDAQ:WFRD) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.33. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Weatherford International had a net margin of 8.64% and a return on equity of 23.17%. Weatherford International’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period last year, the business earned $1.12 EPS. On average, equities analysts expect that Weatherford International will post 5.12 earnings per share for the current fiscal year.

Insider Buying and Selling at Weatherford International

In other news, Director Jacqueline Mutschler sold 4,094 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $90.50, for a total transaction of $370,507.00. Following the transaction, the director directly owned 29,093 shares of the company’s stock, valued at $2,632,916.50. This represents a 12.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.07% of the stock is owned by insiders.

Institutional Trading of Weatherford International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. IFP Advisors Inc raised its position in Weatherford International by 72.0% in the second quarter. IFP Advisors Inc now owns 313 shares of the company’s stock worth $26,000 after acquiring an additional 131 shares during the period. Plato Investment Management Ltd bought a new stake in shares of Weatherford International during the 2nd quarter valued at $38,000. Summit Securities Group LLC purchased a new stake in shares of Weatherford International in the 1st quarter worth $53,000. EverSource Wealth Advisors LLC raised its holdings in Weatherford International by 32.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 935 shares of the company’s stock worth $88,000 after purchasing an additional 231 shares during the period. Finally, Parkside Financial Bank & Trust raised its holdings in Weatherford International by 31.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,770 shares of the company’s stock worth $144,000 after purchasing an additional 420 shares during the period. 97.23% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Weatherford International

Here are the key news stories impacting Weatherford International this week:

• Positive Sentiment: Weatherford reported third-quarter EPS of $1.66, well above the $1.33 consensus estimate and up from $1.12 a year earlier. Revenue of $1.14 billion also exceeded expectations of $1.13 billion. Weatherford Announces Third Quarter 2026 Results
• Positive Sentiment: The earnings beat was supported by improved profitability and what coverage described as real cash flow, potentially reinforcing confidence in Weatherford’s operating execution despite softer revenue. Weatherford Q3 2026 Earnings
• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating and a $123 price target. Analysts’ average target is approximately $115.29, indicating substantial potential upside based on the cited share price. RBC Weatherford Price Target
• Neutral Sentiment: Management’s fiscal-year 2026 revenue guidance of $4.7 billion and fourth-quarter revenue guidance of $1.3 billion matched consensus expectations, providing no major positive or negative surprise.
• Neutral Sentiment: Weatherford declared a quarterly dividend of $0.275 per share, or $1.10 annualized, with a stated yield of about 1.3%. The dividend provides shareholder income but is unlikely to be the primary near-term catalyst.
• Negative Sentiment: Third-quarter revenue declined 7.2% year over year. Although the decline was largely expected, it highlights weaker top-line momentum and may have limited the market’s response to the earnings beat. Weatherford Stock Drops as Q3 Results Put Cash Flow First
• Negative Sentiment: Piper Sandler and Citigroup lowered their expectations for Weatherford, while RBC trimmed its target from $124 to $123. These revisions suggest analysts remain cautious about the company’s growth outlook even while maintaining generally favorable longer-term views.

About Weatherford International

Weatherford International plc is an energy services company that provides equipment, technology and services to the oil and natural gas industry. Its offerings support the life cycle of a well, from drilling and formation evaluation to completion, production, intervention and abandonment.

The company’s product and service portfolio includes drilling systems, well logging and evaluation tools, completion equipment, artificial-lift systems, production optimization technologies, well intervention services and digital solutions.