Weatherford International (NASDAQ:WFRD) Stock Price Target Lowered at Citigroup

Posted by George Bondi on Oct 19th, 2026

Weatherford International (NASDAQ:WFRD – Get Free Report) had its price objective decreased by analysts at Citigroup from $115.00 to $112.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price target suggests a potential upside of 45.28% from the company’s previous close.

A number of other analysts have also commented on the stock. UBS Group lowered their target price on shares of Weatherford International from $120.00 to $116.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. Zacks Research downgraded Weatherford International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded Weatherford International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. The Goldman Sachs Group reduced their price target on Weatherford International from $106.00 to $94.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 14th. Finally, Barclays reduced their price target on Weatherford International from $151.00 to $148.00 and set an “overweight” rating on the stock in a research report on Thursday. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.29.

Get Our Latest Research Report on Weatherford International

Weatherford International Trading Up 1.2%

Shares of NASDAQ WFRD traded up $0.90 during mid-day trading on Monday, hitting $77.09. The company’s stock had a trading volume of 631,218 shares, compared to its average volume of 1,225,104. Weatherford International has a one year low of $62.84 and a one year high of $113.15. The company’s fifty day simple moving average is $86.62 and its 200-day simple moving average is $92.61. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.34 and a quick ratio of 1.77. The stock has a market cap of $5.51 billion, a price-to-earnings ratio of 15.21, a price-to-earnings-growth ratio of 1.39 and a beta of 1.05.

Weatherford International (NASDAQ:WFRD – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.35). Weatherford International had a net margin of 7.66% and a return on equity of 21.50%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the company earned $1.87 earnings per share. The company’s quarterly revenue was down 8.2% on a year-over-year basis. On average, sell-side analysts anticipate that Weatherford International will post 5.18 earnings per share for the current fiscal year.

Insider Buying and Selling at Weatherford International

In other news, Director Benjamin Duster, IV sold 6,000 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $86.09, for a total transaction of $516,540.00. Following the sale, the director owned 11,187 shares of the company’s stock, valued at $963,088.83. This trade represents a 34.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Neal P. Goldman sold 16,000 shares of Weatherford International stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $84.84, for a total value of $1,357,440.00. Following the transaction, the director owned 12,187 shares in the company, valued at $1,033,945.08. This trade represents a 56.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 26,094 shares of company stock valued at $2,244,487. Company insiders own 2.07% of the company’s stock.

Institutional Trading of Weatherford International

Large investors have recently bought and sold shares of the business. Squarepoint Ops LLC raised its holdings in Weatherford International by 3,125.3% during the 2nd quarter. Squarepoint Ops LLC now owns 71,731 shares of the company’s stock worth $5,846,000 after buying an additional 69,507 shares during the period. Baird Financial Group Inc. boosted its holdings in shares of Weatherford International by 11.9% in the second quarter. Baird Financial Group Inc. now owns 156,542 shares of the company’s stock valued at $12,758,000 after buying an additional 16,605 shares during the period. Readystate Asset Management LP acquired a new position in shares of Weatherford International in the second quarter valued at approximately $15,269,000. California Public Employees Retirement System boosted its holdings in shares of Weatherford International by 13.8% in the first quarter. California Public Employees Retirement System now owns 171,477 shares of the company’s stock valued at $16,218,000 after buying an additional 20,803 shares during the period. Finally, Tidal Investments LLC increased its position in shares of Weatherford International by 19.3% during the second quarter. Tidal Investments LLC now owns 89,847 shares of the company’s stock worth $7,323,000 after acquiring an additional 14,537 shares in the last quarter. 97.23% of the stock is owned by institutional investors.

Weatherford International Company Profile

(Get Free Report)

Weatherford International plc is an energy services company that provides equipment, technology and services to the oil and natural gas industry. Its offerings support the life cycle of a well, from drilling and formation evaluation to completion, production, intervention and abandonment.

The company’s product and service portfolio includes drilling systems, well logging and evaluation tools, completion equipment, artificial-lift systems, production optimization technologies, well intervention services and digital solutions.