Halliburton stock heads into October 20 results after Q2 beat

Published on 10/04/2026 at 19:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Halliburton stock was last at USD 31.85 on October 2, 2026, while Q2 revenue reached USD 5.71 billion. Analysts set an average target of USD 43.24.

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Halliburton stock (ISIN US4062161017) was last at USD 31.85 on the NYSE on October 2, 2026, 26.94 percent below its 52-week high of USD 43.59. The company is heading toward its next scheduled results on October 20, 2026, giving the recent earnings beat a clear near-term checkpoint.

Q2 revenue reached USD 5.71 billion

Halliburton reported Q2 2026 revenue of USD 5.71 billion, up 3.7 percent from the same quarter a year earlier, according to MarketBeat on September 19, 2026. Adjusted EPS was USD 0.55 against a USD 0.54 consensus estimate, a USD 0.01 beat.

Halliburton's official website reports Q2 2026 net income of USD 534 million and diluted EPS of USD 0.64, figures that place the quarter's GAAP earnings alongside the adjusted result used by analysts. The company operates through Completion and Production and Drilling and Evaluation, giving the revenue trend exposure to both well construction and production services.

Analysts keep a higher target

The analyst picture remains constructive but not uniform. MarketBeat reported on October 3, 2026, that Wall Street Zen cut its rating from Buy to Hold, while 18 analysts rated the shares Buy, six rated them Hold and one rated them Sell.

The same analyst survey assigns Halliburton a Moderate Buy consensus and an average 12-month price target of USD 43.24. Against the USD 31.85 NYSE price on October 2, 2026, that target lies 35.73 percent above the stock. Separately, Markets Insider reported on September 30, 2026, that Jefferies reiterated a Buy rating and set a USD 47.00 target.

October 20 sets the next test

Halliburton announced on September 15, 2026, that its third-quarter 2026 earnings conference call would take place on October 20, 2026. The date matters because the Q2 revenue beat must now be followed by another period of operating delivery rather than only a higher analyst valuation.

Halliburton also secured a multi-year bundled drilling, well construction and completions contract from Eni for the Cronos ultra-deepwater development offshore Cyprus on September 15, 2026, according to Halliburton. The contract adds multi-year work visibility, although its value was not disclosed.

Halliburton stock stays below its yearly high

Halliburton stock was last at USD 31.85 on the NYSE on October 2, 2026, with a daily change of negative 0.09 percent, a session range of USD 31.50 to USD 32.24 and volume of 8,092,378 shares. The market capitalization was USD 26.6 billion, and the 52-week range was USD 21.46 to USD 43.59.