Weatherford International (NASDAQ:WFRD) Shares Gap Up – Still a Buy?

Posted by Geri Gentry on Jul 22nd, 2026

Weatherford International PLC (NASDAQ:WFRD – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $83.32, but opened at $87.69. Weatherford International shares last traded at $90.42, with a volume of 274,082 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Piper Sandler boosted their price objective on shares of Weatherford International from $115.00 to $118.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Zacks Research downgraded Weatherford International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Wall Street Zen downgraded Weatherford International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Citigroup lowered their price target on Weatherford International from $137.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, June 26th. Finally, Barclays cut their price target on Weatherford International from $156.00 to $154.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.78.

Read Our Latest Stock Report on WFRD

Weatherford International Stock Performance

The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 0.90 and a beta of 0.86. The firm’s 50-day moving average price is $94.57 and its two-hundred day moving average price is $95.79. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.73 and a current ratio of 2.31.

Weatherford International (NASDAQ:WFRD – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.35). The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. Weatherford International had a return on equity of 28.31% and a net margin of 9.49%.During the same period last year, the company earned $1.87 EPS. Sell-side analysts predict that Weatherford International PLC will post 5.94 earnings per share for the current year.

Weatherford International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 6th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 6th. Weatherford International’s dividend payout ratio is currently 21.70%.

Hedge Funds Weigh In On Weatherford International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. TD Private Client Wealth LLC raised its position in Weatherford International by 4.2% in the 4th quarter. TD Private Client Wealth LLC now owns 3,219 shares of the company’s stock worth $252,000 after purchasing an additional 130 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Weatherford International by 24.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 704 shares of the company’s stock valued at $55,000 after buying an additional 137 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Weatherford International by 3.1% in the 4th quarter. Corient Private Wealth LLC now owns 4,914 shares of the company’s stock valued at $383,000 after buying an additional 146 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Weatherford International by 4.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,851 shares of the company’s stock valued at $364,000 after buying an additional 151 shares during the period. Finally, CWM LLC raised its position in shares of Weatherford International by 2.3% during the fourth quarter. CWM LLC now owns 7,711 shares of the company’s stock worth $603,000 after acquiring an additional 170 shares during the last quarter. Institutional investors own 97.23% of the company’s stock.

Weatherford International Company Profile

(Get Free Report)

Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.

In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.