Movement Alert｜Halliburton Intraday Rise 5.06% in Regular Trading, Q3 Beat and 2027 Outlook Continued to Support Shares

Market Focus10-23 23:01

On October 23, Halliburton rose 5.06% in Regular Trading, trading at $34.865/share, with turnover of $115 million.

The clearest recent catalyst was the company’s latest quarterly report and the follow-through from analyst updates after that release.

Halliburton reported Q3 adjusted EPS of $0.60 on revenue of $5.703 billion, exceeding consensus estimates of $0.58 and $5.572 billion. The company also outlined a preliminary 2027 view for mid-single-digit revenue growth assuming a flat North America market and no hydraulic fracturing recovery. After the results, RBC raised its price target to $46 and kept an Outperform rating, while UBS trimmed its target to $41 but maintained Neutral. Recent commentary also noted softer North American fracturing and a Q3 EBITDA miss, but said the preliminary 2027 outlook helped offset those concerns.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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