Halliburton stock gains after UBS raises target to USD 42

Published on 09/16/2026 at 20:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Halliburton stock traded at USD 35.67 on September 15, 2026, with UBS raising its target to USD 42 from USD 39. Revenue and earnings from the third quarter 2026 call are due on October 20, 2026.

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Halliburton stock (US4062161017) traded at USD 35.67 on September 15, 2026, after UBS raised its price target to USD 42 from USD 39 and kept a Neutral rating. The move followed a fresh sector catalyst on September 16, 2026, after Halliburton said it secured a bundled contract from Eni for the Cronos ultra-deepwater development in Cyprus.

UBS lifts the target

According to Robinhood, UBS raised the Halliburton target to USD 42 from USD 39 and kept a Neutral rating on September 16, 2026. That leaves the new target 14.2 percent above the USD 36.77 implied by the old target level, using the same USD 35.67 share price snapshot.

Halliburton's contract win adds a second support point. As Yahoo Finance reported on September 16, 2026, the company said it won a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development in Cyprus's Block 6. The project spans integrated drilling, automation and completions services.

October 20 is next

According to Business Wire, Halliburton will host its third quarter 2026 conference call on October 20, 2026, at 8:00 a.m. CT, and will issue the earnings release before the call. Robinhood shows Halliburton's market capitalization at USD 29.72 billion, a price-to-earnings ratio of 18.34 and dividend yield of 1.94 percent, with 9.13 million shares traded on September 15, 2026.

Price holds near range

Halliburton stock was at USD 35.67 on September 15, 2026, between an intraday low of USD 35.01 and a high of USD 35.95. The share price sat 17.9 percent below the 52-week high of USD 43.59 and 66.3 percent above the 52-week low of USD 21.46.