Weatherford International (NASDAQ:WFRD) Stock Gets Price Target Cut from Royal Bank Of Canada

Weatherford International (NASDAQ:WFRD) had its target price cut by Royal Bank Of Canada from $124.00 to $123.00 in a research note issued to investors on Thursday,Benzinga reports. They currently have an outperform rating on the stock.

Several other equities analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of Weatherford International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. 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 research note on Monday, October 19th. Barclays lowered their target price on shares of Weatherford International from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. UBS Group cut their price target on Weatherford International from $120.00 to $116.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Weatherford International in a research note on Monday, October 12th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $115.86.

Weatherford International Price Performance

NASDAQ:WFRD opened at $86.85 on Thursday. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 1.62 and a beta of 1.05. The company has a current ratio of 2.04, a quick ratio of 1.77 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average is $85.48 and its two-hundred day moving average is $92.18. Weatherford International has a 12-month low of $68.49 and a 12-month high of $113.15.

Weatherford International (NASDAQ:WFRD) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.33. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Weatherford International had a net margin of 8.64% and a return on equity of 22.39%. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 earnings per share. Research analysts expect that Weatherford International will post 5.57 EPS for the current year.

Weatherford International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Friday, November 6th will be issued a dividend of $0.2750 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, November 6th. Weatherford International’s dividend payout ratio is presently 19.61%.

Insider Buying and Selling at Weatherford International

In related news, Director Jacqueline Mutschler sold 4,094 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $90.50, for a total value of $370,507.00. Following the sale, the director directly owned 29,093 shares of the company’s stock, valued at approximately $2,632,916.50. This trade represents a 12.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.07% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Weatherford International

Several institutional investors and hedge funds have recently bought and sold shares of WFRD. First Trust Advisors LP raised its stake in Weatherford International by 12.4% during the first quarter. First Trust Advisors LP now owns 1,760,467 shares of the company’s stock worth $166,505,000 after purchasing an additional 194,654 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Weatherford International by 15.5% in the 1st quarter. Bank of New York Mellon Corp now owns 794,732 shares of the company’s stock valued at $75,166,000 after purchasing an additional 106,716 shares during the last quarter. Canoe Financial LP purchased a new stake in shares of Weatherford International during the 1st quarter valued at $50,052,000. Readystate Asset Management LP purchased a new stake in shares of Weatherford International during the 2nd quarter valued at $15,269,000. Finally, California Public Employees Retirement System increased its holdings in shares of Weatherford International by 13.8% during the 1st quarter. California Public Employees Retirement System now owns 171,477 shares of the company’s stock worth $16,218,000 after buying an additional 20,803 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

Key Stories Impacting Weatherford International

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

• Positive Sentiment: Weatherford reported third-quarter earnings of $1.66 per share, well above the $1.33 analyst consensus. Revenue totaled approximately $1.14 billion, slightly exceeding expectations, while earnings grew from $1.12 per share in the year-ago quarter. The bottom-line outperformance was the main catalyst for the stock’s advance. Weatherford International Stock Jumps 6% After Strong Earnings
• Positive Sentiment: Analysts continue to see substantial upside despite target reductions. UBS maintained a “buy” rating with a $111 target, Barclays kept an “overweight” rating with a $139 target, and Royal Bank of Canada retained an “outperform” rating with a $123 target. UBS analyst recommendation Barclays analyst recommendation RBC analyst recommendation
• Neutral Sentiment: Management’s updated 2026 revenue outlook calls for approximately $4.7 billion for the full year and $1.3 billion in the fourth quarter, both matching consensus estimates. The guidance supports visibility but did not provide a fresh upside surprise. Weatherford Q3 2026 earnings call transcript
• Negative Sentiment: Revenue declined 7.2% year over year, and investor commentary emphasized cash flow rather than revenue growth. Analysts’ target-price cuts—from $116 to $111 at UBS, $148 to $139 at Barclays, and $124 to $123 at RBC—signal some caution even though all three firms remained bullish. Weatherford stock drops as Q3 results put cash flow first

Weatherford International Company Profile

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.