--- title: "Weatherford International plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions" type: "News" locale: "en" url: "https://longbridge.com/en/news/284016344.md" description: "Weatherford International plc (NASDAQ:WFRD) reported strong first-quarter results, with a profit of $1.49 per share, exceeding analyst expectations. Despite a forecasted revenue decline of 2.2% to $4.77 billion in 2026, analysts have upgraded their earnings per share estimates, reflecting increased optimism. The consensus price target remains at $112, indicating stable intrinsic value. However, Weatherford's revenue growth is expected to lag behind the industry average, which raises concerns about its long-term performance. Analysts have identified one warning sign for the company." datetime: "2026-04-24T13:54:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284016344.md) - [en](https://longbridge.com/en/news/284016344.md) - [zh-HK](https://longbridge.com/zh-HK/news/284016344.md) --- # Weatherford International plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions It's been a good week for **Weatherford International plc** (NASDAQ:WFRD) shareholders, because the company has just released its latest first-quarter results, and the shares gained 3.7% to US$103. It looks like a credible result overall - although revenues of US$1.2b were what the analysts expected, Weatherford International surprised by delivering a (statutory) profit of US$1.49 per share, an impressive 42% above what was forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Weatherford International after the latest results. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. NasdaqGS:WFRD Earnings and Revenue Growth April 24th 2026 After the latest results, the consensus from Weatherford International's eleven analysts is for revenues of US$4.77b in 2026, which would reflect a small 2.2% decline in revenue compared to the last year of performance. Statutory earnings per share are expected to decline 14% to US$5.53 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$4.78b and earnings per share (EPS) of US$5.32 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates. View our latest analysis for Weatherford International The consensus price target was unchanged at US$112, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Weatherford International at US$121 per share, while the most bearish prices it at US$90.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth. Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that revenue is expected to reverse, with a forecast 2.9% annualised decline to the end of 2026. That is a notable change from historical growth of 9.1% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.8% per year. It's pretty clear that Weatherford International's revenues are expected to perform substantially worse than the wider industry. ## The Bottom Line The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Weatherford International following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Weatherford International's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Weatherford International going out to 2028, and you can see them free on our platform here.. And what about risks? Every company has them, and we've spotted **1 warning sign for Weatherford International** you should know about. ### Valuation is complex, but we're here to simplify it. Discover if Weatherford International might be undervalued or overvalued with our detailed analysis, featuring **fair value estimates, potential risks, dividends, insider trades, and its financial condition.** Access Free Analysis ### Related Stocks - [WFRD.US](https://longbridge.com/en/quote/WFRD.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) ## Related News & Research - [Why Weatherford International (WFRD) Is Up 8.9% After New Deepwater Contracts In Brazil And Beyond](https://longbridge.com/en/news/286842959.md) - [Greenland Energy updates investor deck, cites up to 13.0B bbl prospective resource; OPW‑1/OPW‑6 targeted in 2026](https://longbridge.com/en/news/286753003.md) - [Walmart Stock: Here’s Why Analysts Are Raising Price Targets Before Q1 Earnings.](https://longbridge.com/en/news/286950969.md) - [Earnings Beat: Deepak Nitrite Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models](https://longbridge.com/en/news/286980047.md) - [Q2 EPS Forecast for Avalo Therapeutics Boosted by Analyst](https://longbridge.com/en/news/286903837.md)