---
title: "These Analysts Cut Their Forecasts On Halliburton Following Q2 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293497142.md"
description: "Halliburton beat Q2 earnings and revenue estimates, yet analysts cut price targets. Barclays lowered its target to $53 and Evercore ISI to $43, maintaining positive ratings. CEO Jeff Miller cited strong global outlooks for future growth."
datetime: "2026-07-22T15:56:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293497142.md)
  - [en](https://longbridge.com/en/news/293497142.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293497142.md)
---

# These Analysts Cut Their Forecasts On Halliburton Following Q2 Results

**Halliburton Company** (NYSE:HAL) on Tuesday reported better-than-expected second-quarter 2026 results.

Adjusted EPS of 55 cents beat the 54-cent estimate. Revenue rose 3.7% year over year to $5.714 billion, topping the $5.486 billion estimate.

“I am pleased with Halliburton’s performance this quarter, and believe the global outlook for Halliburton is strong. I expect our differentiated technology and value proposition set the stage for revenue growth and margin expansion,” CEO Jeff Miller said.

Halliburton shares fell 1.3% to trade at $32.77 on Wednesday.

These analysts made changes to their price targets on Halliburton following earnings announcement.

-   Barclays analyst David Anderson maintained the stock with an Overweight rating and lowered the price target from $55 to $53.
-   Evercore ISI Group analyst James West maintained the stock with an Outperform rating and lowered the price target from $46 to $43.

**Considering buying HAL stock? Here’s what analysts think:**

_Photo via Shutterstock_

### Related Stocks

- [HAL.US](https://longbridge.com/en/quote/HAL.US.md)

## Related News & Research

- [Jefferies Sticks to Their Buy Rating for Halliburton (HAL)](https://longbridge.com/en/news/293894227.md)
- [Australia's Beetaloo Energy partners with Halliburton for AI data centre-linked gas project](https://longbridge.com/en/news/294280376.md)
- [Earnings snapshot: Halliburton beats Q2 top and bottom lines; revenue up across North America and international segments](https://longbridge.com/en/news/293334474.md)
- [Halliburton Says Impact Of Middle East Conflict On Q2 Results Was In Line With Previous Expectations: Conf Call](https://longbridge.com/en/news/293353470.md)
- [This Analyst Just Cut Its Price Target on SNDK Stock. Here's Why.](https://longbridge.com/en/news/293654906.md)