Halliburton Company, listed on the NYSE under the symbol HAL, is a prominent player in the energy sector, providing products and services to the oil and gas industry. On October 21, 2025, Keith Mackey from RBC Capital set a price target of $31 for NYSE:HAL. At that time, the stock was trading at $25.24, suggesting a potential increase of about 22.82%.
Recently, Halliburton's stock saw a notable surge, closing with an 11.6% increase following the release of its third-quarter results. The company reported non-GAAP adjusted earnings per share of $0.58 and revenue of $5.6 billion. These figures exceeded Wall Street's expectations of $0.50 per share and $5.39 billion in sales, as highlighted by the company's performance.
Despite a 1.7% decline in sales compared to the same period last year, Halliburton's revenue still surpassed forecasts. Stronger-than-expected margins contributed to a substantial earnings beat, which positively influenced investor sentiment. This led to a significant increase in the stock price during the trading session.
The stock, currently priced at $25.24, experienced a change of $2.62, with a day's low of $24.13 and a high of $25.46. Over the past year, HAL has reached a high of $32.57 and a low of $18.72. Halliburton's market capitalization is approximately $21.52 billion, with a trading volume of 37.04 million shares.
