Weatherford International plc

WFRD · NASDAQ

Market closed$80.70$0.280000 (+0.35%)After hours $80.70 · 0.00%

Key statistics

Previous close$80.42
Open$79.66
Day high$80.82
Day low$78.92
52-week high$113.15
52-week low$52.70
Market cap5.79B
Volume2.15M
Average volume1.32M
P/E ratio12.63
Forward P/E
EPS6.39
Dividend yield+1.30%

Market context

Why it moved

Weatherford International (WFRD) edged higher as investor sentiment remained supported following the company's recent earnings beat, with actual EPS surpassing estimates despite a year-over-year revenue decline.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Weatherford International edged higher on the day, outperforming a broader market dragged lower by tech weakness, as energy shares led S&P 500 sector gains amid renewed U.S.-Iran strikes and rising oil prices. The headline story for Weatherford is its announced acquisition of NCS Multistage Holdings via a stock-and-cash merger, adding strategic scale ahead of Q2 earnings due July 21, where analysts expect revenue of ~$1.07B. Analyst sentiment remains mixed — Barclays kept its Overweight rating but trimmed its target to $154, while Zacks downgraded to Hold — though the consensus stays "Moderate Buy" with an average target near $114, well above current levels.

0.3482

July 17, 2026Weatherford International closed modestly lower as investors weigh a mixed analyst backdrop ahead of its Q2 2026 earnings report due July 21. Barclays trimmed its price target to $154 from $156 (maintaining Overweight) while Zacks downgraded shares to Hold, adding to a string of recent target cuts from Raymond James and Citigroup. Meanwhile, the company's proposed redomestication from Ireland to Delaware — which could unlock $20–$30M in annual cash savings beginning 2027 — heads to a shareholder vote on September 3.

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July 16, 2026Weatherford International closed essentially flat as investors focused on multiple strategic developments ahead of its Q2 2026 earnings report on July 21. The company recently announced plans to redomesticate from Ireland to Delaware — a move expected to generate $20–30 million in annual cash savings beginning in 2027 — and is pursuing the acquisition of NCS Multistage to bolster its completions portfolio. Analysts maintain a 'Moderate Buy' consensus with a $114 average price target, well above current levels, while Raymond James recently trimmed its target to $122 but kept an 'Outperform' rating. Q2 EPS is expected at $0.92, well below Q1's blowout $1.49 beat.

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July 14, 2026Weatherford International closed modestly higher, recovering from the prior session's 3.9% decline, as investors digested multiple company-specific catalysts ahead of Q2 earnings on July 21. The company announced Special Shareholder Meetings for September 3 to vote on a redomestication from Ireland to Delaware — expected to generate $20–$30M in annual cash savings beginning in 2027 — and is progressing with its acquisition of NCS Multistage to bolster its completions portfolio. Analysts maintain a Moderate Buy consensus with a $114 average price target, well above current levels, even as several firms have trimmed targets amid sector headwinds from Middle East conflict disrupting oilfield activity.

1.1221

July 14, 2026Weatherford International closed sharply lower, pressured by a broad market selloff triggered by renewed U.S.-Iran hostilities and a surge in oil prices that rattled equity sentiment. The decline came despite two company-specific catalysts: Weatherford announced a September 3 shareholder vote on redomestication from Ireland to Delaware, projected to generate $20M–$30M in annual cash savings starting 2027, and the June 1 NCS Multistage acquisition—expected to be immediately accretive to free cash flow—remained in focus. Raymond James maintained its Outperform rating but trimmed its price target to $122, still implying significant upside, while the stock trades at a steep discount to its analyst consensus fair value near $114–$119.

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July 10, 2026Weatherford International rose nearly 2% as investors responded to a constructive analyst update from Raymond James, which maintained its Outperform rating while trimming its price target modestly from $125 to $122 — still implying significant upside from current levels. The move came alongside a broader analyst consensus upgrade, with the Street's fair value estimate rising to $119.17, UBS flagging Q2 tracking toward the upper end of guidance, and multiple offshore and deepwater contract wins in Nigeria and Brazil reinforcing the company's international growth narrative.

1.9087

July 10, 2026Weatherford International closed modestly lower as renewed U.S.-Iran military exchanges cast doubt on the durability of the June ceasefire, pressuring oilfield services stocks despite higher oil prices — a dynamic that has historically benefited upstream capex but not necessarily near-term drilling activity. The pullback comes amid a broader positive backdrop for WFRD: RBC Capital recently raised its price target to $124 (maintaining Outperform), UBS flagged the company is tracking toward the upper end of Q2 guidance with an improved 2027 outlook, and analyst consensus fair value was lifted to $119.17. Key catalysts include a proposed redomestication from Ireland to Delaware, an acquisition of NCS Multistage, and multiple offshore contract wins in Nigeria and Brazil.

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July 8, 2026Weatherford International edged higher in a turbulent session dominated by renewed Middle East geopolitical risk, as President Trump declared the U.S.-Iran peace MOU 'over,' sending oil prices surging over 5% and triggering broad market volatility. The oilfield services company benefited from the energy sector tailwind, with the XLE sector ETF also gaining in after-hours trade, while RBC Capital's recent price target increase to $124 (Outperform) and UBS commentary noting Weatherford is tracking toward the upper end of Q2 guidance reinforce a constructive analyst backdrop ahead of earnings season.

0.6837

Stock Titan · July 17, 2026Weatherford (WFRD) buying NCS Multistage with 0.5537-share exchange and cash mixMarketBeat · July 16, 2026Weatherford International (NASDAQ:WFRD) Cut to "Hold" at Zacks ResearchStock Titan · July 13, 2026Why Weatherford is asking investors to back a move to DelawareMoomoo · June 26, 2026Citi Maintains Weatherford International(WFRD.US) With Buy Rating, Cuts Target Price to $115Stock Titan · June 11, 2026Weatherford’s Texas move falls short, new plan targets Delaware baseSimply Wall Street · June 4, 2026Weatherford Redomestication And NCS Deal Test Market Valuation StoryBloomberg.com · January 6, 2026Venezuela Is a ‘Massive Opportunity’ for the Oil Sector, Weatherford CEO SaysQuiver Quantitative · September 18, 2025Weatherford International Increases Credit Facility by $280 Million to $1 Billion, Enhancing Financial Flexibility and Strategic Initiatives
Benzinga · July 16, 2026Barclays Maintains Overweight on Weatherford International, Lowers Price Target to $154
Benzinga · July 13, 2026Weatherford International's Board Unanimously Recommends Shareholders Vote For Redomestication Proposals; Expected Annual Cash Savings Of $20M - $30M Beginning In 2027 If Redomestication Is Completed
Benzinga · July 10, 2026Raymond James Maintains Outperform on Weatherford International, Lowers Price Target to $122
Mt Newswire · July 6, 2026RBC Capital Adjusts Weatherford International PT to $124 From $120, Maintains Outperform Rating
Benzinga · June 26, 2026Citigroup Maintains Buy on Weatherford International, Lowers Price Target to $115
Mt Newswire · June 25, 2026Weatherford Tracking Toward Upper End of Q2 Guidance as 2027 Outlook Improves, UBS Says
Benzinga · June 3, 2026Citigroup Maintains Buy on Weatherford International, Raises Price Target to $137
Mt Newswire · June 2, 2026Weatherford to Acquire NCS Multistage in Stock-and-Cash Deal

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