On May 13, 2025, Citigroup analyst Scott Gruber maintained a "Buy" rating for Weatherford International (WFRD, Financial) but significantly lowered the stock's price target. The adjusted price target was reduced from $90.00 to $70.00 USD, representing a decrease of 22.22%.
The decision to maintain the current "Buy" rating while reducing the price forecast indicates a recalibration of expectations for Weatherford International (WFRD, Financial) within the market. Investors and stakeholders are advised to consider this new price target in their future evaluations of the stock.
This adjustment reflects Citigroup's updated analysis of Weatherford International (WFRD, Financial) amidst the current market conditions. Stakeholders should watch for further developments as the company continues to navigate the evolving financial landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Weatherford International PLC (WFRD, Financial) is $76.14 with a high estimate of $90.00 and a low estimate of $60.00. The average target implies an upside of 52.26% from the current price of $50.01. More detailed estimate data can be found on the Weatherford International PLC (WFRD) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Weatherford International PLC's (WFRD, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Weatherford International PLC (WFRD, Financial) in one year is $69.87, suggesting a upside of 39.71% from the current price of $50.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Weatherford International PLC (WFRD) Summary page.
