SLB (SLB) Gains As Market Dips: What You Should Know

SLB (Schlumberger) closed at $49.46, up 2.24% on a day when major indices declined. However, the stock has dropped 7.12% over the past month and is expected to report lower EPS of $0.62 (down 10.14% YoY) on October 23, 2026, though revenue is projected to grow 4.04% to $9.29 billion. The stock trades at a premium valuation with a Forward P/E of 19.48 versus the industry average of 15.59, and holds a Zacks Rank #3 (Hold) rating.