UBS Group Forecasts Strong Price Appreciation for Weatherford International (NASDAQ:WFRD) Stock

Weatherford International (NASDAQ:WFRD) had its price target increased by UBS Group from $105.00 to $113.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price indicates a potential upside of 4.11% from the company’s current price.

Several other equities analysts have also weighed in on WFRD. Piper Sandler increased their price objective on shares of Weatherford International from $115.00 to $118.00 and gave the company an “overweight” rating in a research report on Thursday. Citigroup increased their price objective on Weatherford International from $93.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Wall Street Zen cut Weatherford International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, April 1st. Royal Bank Of Canada initiated coverage on Weatherford International in a research report on Wednesday, March 18th. They set an “outperform” rating and a $105.00 price objective on the stock. Finally, Barclays lowered their price objective on Weatherford International from $114.00 to $111.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Seven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.22.

Weatherford International Price Performance

Shares of WFRD opened at $108.54 on Thursday. The firm has a market capitalization of $7.81 billion, a PE ratio of 16.99, a PEG ratio of 1.29 and a beta of 0.83. The company’s 50-day moving average is $97.42 and its 200-day moving average is $85.66. Weatherford International has a fifty-two week low of $40.12 and a fifty-two week high of $110.57. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.31 and a quick ratio of 1.65.

Weatherford International (NASDAQ:WFRD) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.47. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. Weatherford International had a net margin of 9.49% and a return on equity of 28.31%. The company’s revenue was down 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.03 earnings per share. Equities analysts forecast that Weatherford International will post 5.64 EPS for the current year.

Insider Transactions at Weatherford International

In other Weatherford International news, CEO Girish Saligram sold 100,000 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $105.50, for a total value of $10,550,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.09% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of WFRD. Royal Bank of Canada increased its position in shares of Weatherford International by 223.0% in the first quarter. Royal Bank of Canada now owns 122,662 shares of the company’s stock worth $6,568,000 after purchasing an additional 84,684 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Weatherford International by 129.3% in the first quarter. Goldman Sachs Group Inc. now owns 143,703 shares of the company’s stock worth $7,695,000 after purchasing an additional 81,046 shares during the period. United Services Automobile Association bought a new position in shares of Weatherford International in the first quarter worth $258,000. Cetera Investment Advisers increased its position in shares of Weatherford International by 26.8% in the second quarter. Cetera Investment Advisers now owns 12,764 shares of the company’s stock worth $642,000 after purchasing an additional 2,695 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Weatherford International by 83.5% in the second quarter. EverSource Wealth Advisors LLC now owns 556 shares of the company’s stock worth $28,000 after purchasing an additional 253 shares during the period. Institutional investors own 97.23% of the company’s stock.

Key Headlines Impacting Weatherford International

Here are the key news stories impacting Weatherford International this week:

• Positive Sentiment: Q1 earnings beat — Weatherford reported $1.49 EPS (up 45% y/y), ahead of estimates as Well Construction held up despite Middle East disruptions; the beat and improved margins are a clear near-term positive for the stock. WFRD Q1 Earnings
• Positive Sentiment: Piper Sandler raised its price target to $118 and kept an overweight rating — the higher target signals increased analyst conviction and likely supported buying interest. Piper Sandler PT
• Positive Sentiment: UBS lifted its target to $113 and maintained a neutral rating — another upward revision that reinforces the bullish case from sell‑side analysts. UBS PT
• Positive Sentiment: Short-interest decline — Reported short interest fell ~16.7% to 4.14M shares (about 5.9% of shares sold short) with a ~3.7 days-to-cover, reducing immediate short-squeeze risk and removing a potential headwind for the stock.
• Neutral Sentiment: Investor materials available — The company posted its Q1 earnings presentation (useful for deeper review of segment trends and guidance). Q1 Presentation
• Neutral Sentiment: Conflicting/erroneous short-interest data — One report shows 0 shares / NaN change for April 24 (likely a data error); treat that feed as unreliable until corrected.

About Weatherford International

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.