Halliburton Stock Analysis: Oil Rebound & Price Target

Chart of Day: Halliburton (HAL)

 

In today’s Halliburton stock analysis, we explore why this energy giant is drawing attention from investors. With HAL last trading at $66.22, oil could rally back to $70 amid growing optimism over US-China trade talks. In fact, if a deal can be reached, there’s hope it will boost the global economic outlook and fuel demand. Plus, according to Bank of America, oil could push higher on short covering.

 

 

“Much of this advance appears technically driven and such rallies can easily subside without new bullish headlines,” analysts at energy advisory firm Ritterbusch and Associates said, as quoted by Reuters. “Much attention will be given to the ongoing U.S.-China trade talks.”

 

One way to trade further potential upside in oil is with Halliburton (HAL).

 

Last trading at $21.76, we’d like to see the HAL stock initially retest $25 a share. And while we wait for it to recover, we can collect its 3.13% dividend.

 

Halliburton also announced a 2025 second-quarter dividend of seventeen cents ($0.17) a share on the Company’s common stock payable on June 25, 2025, to shareholders of record at the close of business on June 4, 2025.

 

Analysts at Wells Fargo just raised its price target on HAL to $28 with an overweight rating. As noted by TipRanks.com, “The firm says that the combination of attractive valuation multiples and share prices for the majority of its coverage near their 2021 lows provides an attractive entry point.”

 

This Halliburton stock analysis highlights why analysts like Wells Fargo have boosted their price targets and what that means for energy traders in Q3.

 

Recent earnings weren’t too shabby. While its EPS of 60 cents was in line with expectations, its revenue of $5.42 billion, which was down 6.6% year over year, beat by $140 million. Plus, the company wants to return $1.6 billion to shareholders through buybacks and dividends.

 

Overall, Halliburton stock remains one of the most compelling plays in the oil sector for the remainder of 2025.