UBS Group Has Lowered Expectations for Weatherford International (NASDAQ:WFRD) Stock Price

Weatherford International (NASDAQ:WFRD) had its price target cut by UBS Group from $116.00 to $111.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group‘s target price would indicate a potential upside of 36.73% from the company’s previous close.

A number of other equities analysts have also recently weighed in on the company. Wall Street Zen cut Weatherford International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Zacks Research cut shares of Weatherford International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 12th. Raymond James Financial dropped their target price on shares of Weatherford International from $125.00 to $122.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Barclays dropped their target price on shares of Weatherford International from $148.00 to $139.00 and set an “overweight” rating for the company in a report on Thursday. Finally, The Goldman Sachs Group cut their target price on Weatherford International from $106.00 to $94.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 14th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $115.86.

Weatherford International Price Performance

NASDAQ WFRD traded down $4.31 on Thursday, hitting $81.18. The stock had a trading volume of 2,219,564 shares, compared to its average volume of 1,234,751. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.77 and a current ratio of 2.34. Weatherford International has a 52-week low of $66.54 and a 52-week high of $113.15. The company has a market capitalization of $5.81 billion, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 1.46 and a beta of 1.05. The firm has a 50-day moving average of $85.86 and a 200-day moving average of $92.31.

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

Insider Buying and Selling

In other news, Director Jacqueline Mutschler sold 4,094 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $90.50, for a total value of $370,507.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Weatherford International

Several hedge funds and other institutional investors have recently modified their holdings of WFRD. Quadrant Capital Group LLC lifted its holdings in Weatherford International by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 14,045 shares of the company’s stock worth $1,084,000 after buying an additional 231 shares during the period. GAMMA Investing LLC boosted its position in Weatherford International by 9.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,405 shares of the company’s stock valued at $189,000 after acquiring an additional 214 shares in the last quarter. Tidal Investments LLC grew its holdings in shares of Weatherford International by 19.3% during the 2nd quarter. Tidal Investments LLC now owns 89,847 shares of the company’s stock worth $7,323,000 after acquiring an additional 14,537 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Weatherford International during the 2nd quarter worth approximately $172,000. Finally, IFP Advisors Inc grew its holdings in shares of Weatherford International by 72.0% during the 2nd 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. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Key Weatherford International News

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.