Halliburton stock holds after UBS raises target to USD 42
Published on 09/14/2026 at 23:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Halliburton stock (ISIN US4062161017) held near USD 35.84 on September 11, 2026, after UBS raised its target to USD 42 from USD 39 on September 14, 2026. The company's second quarter 2026 figures showed revenue of USD 5.71 billion and net profit of USD 534 million, both above the prior year quarter.
UBS lifts the target
According to TipRanks on September 14, 2026, UBS analyst Josh Silverstein kept a Hold rating on Halliburton and set a price target of USD 42.00. Futu News reported the same move on September 14, 2026, saying the target was raised from USD 39 to USD 42.
The latest quarterly snapshot also gave the stock a clear operating backdrop. Halliburton reported Q2 2026 revenue of USD 5.71 billion versus USD 5.51 billion a year earlier, and net profit of USD 534 million versus USD 472 million, according to TipRanks. That is a revenue increase of USD 200 million and a profit increase of USD 62 million.
Revenue and profit
TradingKey said Halliburton beat second quarter 2026 consensus estimates on September 14, 2026, with EPS above USD 0.54 and revenue above USD 5.50 billion. It also said the shares rose 2.5 percent to about USD 36 after that report, while investors watched operating margin trends near 13 percent from the prior quarter.
For investors, the key number is the gap between the current price and the UBS target. The stock closed at USD 35.84 on September 11, 2026, within a 52-week range of USD 21.46 to USD 43.59 and below the new USD 42 target.
Stock near the range
Halliburton stock traded at USD 35.84 on September 11, 2026, down USD 0.23 or 0.64 percent on the day, with volume of 9,917,640 shares and a market capitalization of USD 29.86 billion. The 52-week range was USD 21.46 to USD 43.59.
Halliburton stock facts
- Company: Halliburton Company
- ISIN: US4062161017
- Ticker: HAL
- Trading venue: NYSE
- Price (as of September 11, 2026): USD 35.84
- Market capitalization: USD 29.86 billion (as of September 11, 2026)
- Sector / Industry: Energy / Oil & Gas Equipment & Services
- Index membership: S&P 500
