Halliburton Company (NYSE:HAL) reported higher fourth-quarter earnings and revenue on Wednesday.
The Houston-based company said fourth-quarter 2025 net income totaled $589 million, or 70 cents per diluted share. Excluding impairments, other charges, and tax-related adjustments, adjusted net income was $576 million, or 69 cents per diluted share.
Adjusted earnings of 69 cents per share topped analysts’ estimates of 55 cents, while quarterly revenue of $5.657 billion also exceeded the consensus forecast of $5.412 billion.
“I am pleased with Halliburton’s fourth-quarter performance and the way we closed out 2025. We outperformed our expectations, and it is clear that Halliburton’s strategy and value proposition deliver differentiated results,” CEO Jeff Miller said.
Halliburton shares gained 4.1% to close at $33.36 on Wednesday.
These analysts made changes to their price targets on Halliburton following earnings announcement.
- Stifel analyst Stephen Gengaro maintained Halliburton with a Buy and raised the price target from $35 to $36.
- Susquehanna analyst Charles Minervino maintained the stock with a Positive and raised the price target from $36 to $40.
Considering buying HAL stock? Here’s what analysts think:

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