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HAL · NYSE · STOCK

Halliburton (HAL) Stock Analysis

Energy Updated August 24, 2026
$35.33
52W $21.40 – $43.59
60/100
$29.52B
18.5
0.75
AI Committee Verdict
Buy
60/100
Conviction: Contested · 60% agreement · 5 analysts
+5.0%
-4.3%
1.15:1
Contested

Is HAL Bullish or Bearish?

Bullish. Innellis AI committee rates Halliburton (HAL) Buy with a composite score of 60/100 , based on 5 analysts with 60% agreement. Last updated August 24, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +14.75 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 — -5.25 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

The committee is genuinely divided. Growth Analyst sees a compelling case — 4 consecutive earnings beats -- consistent execution. Risk Analyst remains cautious — bollinger bandwidth of 17.4% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • 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
  • Bollinger bandwidth of 17.4% signals elevated volatility — Risk
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 August 24, 2026
Overall Committee Score
60/100
Agreement
60%
Analysts
5
Conviction
Contested
Sector Rank
Top 39%
of 93 Energy peers
Growth Analyst bullish
82 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 4 consecutive earnings beats -- consistent execution
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ MACD histogram positive -- bullish momentum
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 17.4% signals elevated volatility
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 neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score strengthened from 56.4 to 60.2.

Analyst-level changes:
  • Growth Analyst: stance neutral->bullish; score 56->82 (+26).
  • Value Analyst abstained (was bullish at 63).

Comparing 2026-08-23 to 2026-08-24 (1 day apart).

Technical Analysis

RSI (14)
66.5
Neutral
MACD Histogram
0.441
Bullish Momentum
Trend Direction
Sideways
Weekly: Sideways
Market Structure
Lh Ll
Support
$33.80
Resistance
$37.08
Bollinger %B
0.88
Inside Bands
Price vs Moving Averages
EMA 9
$34.53 Above
EMA 21
$33.94 Above
EMA 50
$34.61 Above
EMA 200
$33.82 Above

Fundamental Analysis

Valuation
89
Growth
80
Profitability
37
Financial Health
94
Cash Flow
70
Valuation
P/E Ratio 18.5×
P/B Ratio 2.68×
PEG Ratio -1.72
Dividend Yield 1.92%
52W High $43.59
52W Low $21.40
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 18.5 (inexpensive relative to a 15-40x range); Price-to-book of 2.7x; PEG ratio of -1.7 (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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