SLB at $34.49, $8B ChampionX Deal, 120% Upside
NYSE:SLB Trades at $34.49 With Deep Discount to Fair Value
Schlumberger Limited (NYSE:SLB) closed at $34.49, up 1.68% on the session, but far below its 52-week peak of $46.16. With a market capitalization of $51.5 billion and a forward P/E ratio of 10.34, SLB trades at a steep discount compared with its five-year average valuation multiple above 20x. Analysts’ consensus target of $46.57 implies upside of over 35%, while some DCF models suggest intrinsic value could reach $76 per share, or nearly 120% above current levels.
Earnings Pressure Meets Sequential Stability
Q2 2025 revenue came in at $8.55 billion, down 6% year-over-year but ahead of expectations by $50 million. Net income reached $1.02 billion, translating to EPS of $0.74,…