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

Weatherford International (NASDAQ:WFRD) had its price target reduced by equities research analysts at Royal Bank Of Canada from $124.00 to $123.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 51.19% from the company’s previous close.

A number of other equities analysts have also weighed in on WFRD. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Weatherford International in a research report on Monday, October 12th. Citigroup lowered their target price on Weatherford International from $115.00 to $112.00 and set a “buy” rating on the stock in a research note on Monday. Piper Sandler reduced their price objective on Weatherford International from $118.00 to $110.00 and set an “overweight” rating for the company in a report on Monday. Zacks Research cut shares of Weatherford International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 12th. Finally, The Goldman Sachs Group decreased their price target on Weatherford International from $106.00 to $94.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 14th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $117.86.

Weatherford International Stock Performance

Shares of WFRD traded down $4.13 during mid-day trading on Thursday, hitting $81.36. 813,774 shares of the company’s stock were exchanged, compared to its average volume of 1,230,425. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of 14.52, a price-to-earnings-growth ratio of 1.46 and a beta of 1.05. The stock’s 50-day simple moving average is $85.86 and its 200-day simple moving average is $92.31. Weatherford International has a 52 week low of $66.54 and a 52 week high of $113.15. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 0.81.

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

Insider Activity at Weatherford International

In other news, Director Jacqueline Mutschler sold 4,094 shares of Weatherford International stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $90.50, for a total transaction of $370,507.00. Following the sale, the director owned 29,093 shares of the company’s stock, valued at approximately $2,632,916.50. The trade was a 12.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of WFRD. IFP Advisors Inc grew its stake in shares of Weatherford International by 72.0% in the 2nd quarter. IFP Advisors Inc now owns 313 shares of the company’s stock worth $26,000 after buying an additional 131 shares during the last quarter. Plato Investment Management Ltd bought a new stake in Weatherford International in the 2nd quarter worth approximately $38,000. Summit Securities Group LLC bought a new stake in shares of Weatherford International in the first quarter worth $53,000. EverSource Wealth Advisors LLC grew its stake in shares of Weatherford International by 32.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 935 shares of the company’s stock valued at $88,000 after purchasing an additional 231 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of 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.

More Weatherford International News

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

• Positive Sentiment: Weatherford reported third-quarter adjusted earnings of $1.66 per share, well above the $1.33 consensus estimate and up from $1.12 a year earlier. Revenue of $1.14 billion also exceeded estimates of $1.13 billion, while cash flow reportedly provided additional support for the results. Weatherford Q3 earnings flash
• Positive Sentiment: The company declared a quarterly dividend of $0.275 per share, equivalent to $1.10 annually and a yield of approximately 1.3%. The dividend adds shareholder-return support, with the ex-dividend date set for November 6. Weatherford dividend announcement
• Neutral Sentiment: Weatherford maintained fourth-quarter revenue guidance of $1.3 billion and full-year 2026 revenue guidance of $4.7 billion, both broadly matching consensus. The in-line outlook limits the impact of the earnings beat on near-term estimates. Weatherford Q3 2026 earnings call transcript
• Negative Sentiment: Quarterly revenue declined 7.2% year over year, highlighting continued demand and market challenges even though profitability substantially exceeded expectations. Weatherford Q3 earnings and revenue report
• Negative Sentiment: Piper Sandler and Citigroup lowered their expectations for WFRD, offsetting the bullish signal from Piper’s Buy rating. Although the analyst average price target remains $115.29, estimate reductions may be weighing on sentiment. Weatherford average price target

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.