HAL · NYSE · STOCK
Halliburton (HAL) Stock Analysis
$32.53
52W $21.46 – $43.59
61/100
$27.19B
17.0
0.84
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is HAL Bullish or Bearish?
Bullish.
Innellis AI committee rates Halliburton (HAL) Buy with a composite score of 61/100
, based on 5 analysts with 60% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +14.33 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -5.67 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
Supporting evidence favours the bullish case. The main limiting factor is sector concentration is already high (hhi 2796.97). The committee is constructive but not yet at full conviction.
Bull & Bear Case
Bull Case
- ROE of 15.1% shows genuine earnings power backing the valuation — Value
- 4 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (sideways) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- EPS declining -10.8% YoY despite any revenue growth — Growth
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
61/100
Agreement
60%
Analysts
5
Conviction
Moderate
Sector Rank
Top 38%
of 93 Energy peers
Value Analyst
bullish
63
/ 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ ROE of 15.1% shows genuine earnings power backing the valuation
Growth Analyst
neutral
56
/ 100 · High confidence
Moderate growth -- present but not remarkable
+ 4 consecutive earnings beats -- consistent execution
− EPS declining -10.8% YoY despite any revenue growth
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ MACD histogram positive -- bullish momentum
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
58
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score strengthened from 55.1 to 60.7.
- Recommendation changed from Watch to Buy.
- Conviction changed from contested to moderate.
- Committee agreement increased notably from 50% to 60%.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 2 signal(s) disappeared.
- Analyst(s) changed stance: Technical Analyst.
- Analyst(s) abstained: Risk Analyst.
Analyst-level changes:
- Risk Analyst abstained (was bearish at 35).
- Technical Analyst: stance neutral->bullish; score 54->61 (+8); +1 bullish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
47.1
Neutral
MACD Histogram
0.015
Bullish Momentum
Trend Direction
Sideways
Weekly: Sideways
Market Structure
Mixed
Support
$30.98
Resistance
$32.56
Bollinger %B
0.40
Inside Bands
Price vs Moving Averages
EMA 9
$32.45
Above
EMA 21
$33.07
Below
EMA 50
$33.92
Below
EMA 200
$33.91
Below
Fundamental Analysis
Valuation
92
Growth
80
Profitability
37
Financial Health
94
Cash Flow
70
Valuation
P/E Ratio
17.0×
P/B Ratio
2.47×
PEG Ratio
-1.58
Dividend Yield
2.09%
52W High
$43.59
52W Low
$21.46
Quality & Growth
ROE
1226.5%
ROA
513.0%
Gross Margin
1510.8%
Operating Margin
1143.8%
Revenue Growth YoY
—
Debt / Equity
0.74
AI Fundamental Assessment
P/E ratio of 17.0 (inexpensive relative to a 15-40x range); Price-to-book of 2.5x; PEG ratio of -1.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 12.3%; Return on assets of 5.1%; Net margin of 7.2%; Gross margin of 15.1%; Current ratio of 2.02 (healthy short-term liquidity); Debt-to-equity of 0.74; Free cash flow per share is positive (2.06); Most recent quarter beat estimates by 1.2%; 4 consecutive earnings beats; EPS growth accelerating (-20.3% -> +0.0% QoQ); Average YoY EPS growth of 0.0%; Analyst estimates flat over recent quarters
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