Weatherford International (WFRD)

NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-10-23

$86.85+6.98%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Weatherford International’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-4.3%

+10% or more+5%0%−5%−10% or less

7.12 → 6.81 EPS · FY ending Dec 31, 2027 · 5 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 5; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	1.3B
EPS	—	1.714
Quarter ending 2027-03-31
Revenue	—	1.18B
EPS	—	1.275
Annual ending 2026-12-31
Revenue	—	4.69B
EPS	—	5.341
Annual ending 2027-12-31
Revenue	—	5.05B
EPS	—	6.81

Management figures unavailable.

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain operating cash flow near $136M quarterly	A primary condition in Weatherford International's published investment case. The stated target is >=136 million USD per quarter.	Intact	Operating cash flow falls below $136M per quarter	Cash from operations: $175M FY2026-Q2; GAAP. Published target: >=136 million USD per quarter. Target period is not explicitly aligned with this observation. Source published Jul 22, 2026175,000,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Increase dividend per share to at least $0.28	The company aims to increase dividends from $0.25 to $0.28 per share, showing capital return progress.	Intact	Dividend per share fails to increase to $0.28 by 2026-Q1	Dividend per share: $0.28 per share FY2026-Q3; GAAP. Published target: >=0.28 USD per share. The stored target says 2026-Q1; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Source published Oct 21, 20260.275 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Sep 30, 2026 Source: company_financial_results. Reference: c40e03af-47ee-49b0-a8af-2c335ceb0b83. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Net income growth or stability near $108M quarterly	A primary condition in Weatherford International's published investment case. The stated target is >=108 million USD per quarter.	Broken	Net income falls below $108M per quarter	Net income: $120M FY2026-Q3; GAAP. Published target: >=108 million USD per quarter. Target period is not explicitly aligned with this observation. Source published Oct 21, 2026120,000,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Sep 30, 2026 Source: company_financial_results. Reference: c40e03af-47ee-49b0-a8af-2c335ceb0b83. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Revenue growth of at least 3% annually	A primary condition in Weatherford International's published investment case. The stated target is >=3% YoY.	Broken	YoY revenue growth falls below 3% next year	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$6.81

$7.36 → $6.81 · observed estimates

FY2027 revenue$5.05B

$5.12B → $5.05B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$7.36	$5,122,929,870	11 / 10
2026-07-25	$7.33	$5,122,664,700	7 / 8
2026-07-26	$7.33	$5,122,664,700	7 / 8
2026-07-27	$7.33	$5,122,664,700	7 / 8
2026-07-28	$7.31	$5,150,555,647	7 / 7
2026-07-29	$7.26	$5,147,095,564	6 / 6
2026-07-30	$7.26	$5,118,339,600	7 / 8
2026-07-31	$7.27	$5,144,064,967	6 / 6
2026-08-01	$7.27	$5,144,064,967	6 / 6
2026-08-02	$7.27	$5,114,551,360	7 / 8
2026-08-03	$7.27	$5,114,551,360	7 / 8
2026-08-04	$7.23	$5,146,738,853	6 / 6
2026-08-05	$7.23	$5,146,738,853	6 / 6
2026-08-06	$7.27	$5,114,551,360	7 / 8
2026-08-08	$7.27	$5,114,551,360	7 / 8
2026-08-09	$7.27	$5,114,551,360	7 / 8
2026-08-10	$7.27	$5,114,551,360	7 / 8
2026-08-12	$7.23	$5,146,738,853	6 / 6
2026-08-13	$7.27	$5,108,911,100	7 / 8
2026-08-14	$7.23	$5,146,738,853	6 / 6
2026-08-15	$7.23	$5,146,738,853	6 / 6
2026-08-16	$7.23	$5,146,738,853	6 / 6
2026-08-17	$7.23	$5,146,738,853	6 / 6
2026-08-18	$7.23	$5,146,738,853	6 / 6
2026-08-19	$7.23	$5,146,738,853	6 / 6
2026-08-20	$7.12	$5,136,952,767	6 / 6
2026-08-21	$7.12	$5,136,952,767	6 / 6
2026-08-22	$7.12	$5,136,952,767	6 / 6
2026-08-23	$7.12	$5,136,952,767	6 / 6
2026-08-24	$7.12	$5,136,952,767	6 / 6
2026-08-25	$7.12	$5,136,952,767	6 / 6
2026-08-26	$7.12	$5,136,952,767	6 / 6
2026-08-27	$7.12	$5,136,952,767	6 / 6
2026-08-28	$7.12	$5,136,952,767	6 / 6
2026-08-29	$7.12	$5,136,952,767	6 / 6
2026-08-30	$7.12	$5,136,952,767	6 / 6
2026-08-31	$7.12	$5,136,952,767	6 / 6
2026-09-01	$7.12	$5,136,952,767	6 / 6
2026-09-02	$7.12	$5,136,952,767	6 / 6
2026-09-03	$7.12	$5,136,952,767	6 / 6
2026-09-04	$7.12	$5,136,952,767	6 / 6
2026-09-05	$7.12	$5,136,952,767	6 / 6
2026-09-06	$7.12	$5,136,952,767	6 / 6
2026-09-07	$7.12	$5,136,952,767	6 / 6
2026-09-08	$7.12	$5,136,952,767	6 / 6
2026-09-09	$7.12	$5,136,952,767	6 / 6
2026-09-10	$7.12	$5,136,952,767	6 / 6
2026-09-11	$7.12	$5,136,952,767	6 / 6
2026-09-12	$7.12	$5,136,952,767	6 / 6
2026-09-13	$7.12	$5,136,952,767	6 / 6
2026-09-14	$7.12	$5,136,952,767	6 / 6
2026-09-15	$7.12	$5,136,952,767	6 / 6
2026-09-16	$7.12	$5,136,952,767	6 / 6
2026-09-17	$7.12	$5,136,952,767	6 / 6
2026-09-18	$7.12	$5,136,952,767	6 / 6
2026-09-19	$7.12	$5,136,952,767	6 / 6
2026-09-20	$7.12	$5,136,952,767	6 / 6
2026-09-21	$7.12	$5,136,952,767	6 / 6
2026-09-22	$7.12	$5,136,952,767	6 / 6
2026-09-23	$7.12	$5,136,952,767	6 / 6
2026-09-24	$7.12	$5,136,952,767	6 / 6
2026-09-25	$7.02	$5,108,811,662	6 / 7
2026-09-26	Unavailable	Unavailable	3 / 3
2026-09-27	Unavailable	Unavailable	3 / 3
2026-09-28	Unavailable	Unavailable	3 / 3
2026-09-29	Unavailable	Unavailable	3 / 3
2026-09-30	Unavailable	Unavailable	3 / 3
2026-10-01	Unavailable	Unavailable	3 / 3
2026-10-02	Unavailable	Unavailable	3 / 3
2026-10-03	Unavailable	Unavailable	3 / 3
2026-10-04	Unavailable	Unavailable	4 / 4
2026-10-05	Unavailable	Unavailable	4 / 4
2026-10-06	Unavailable	Unavailable	4 / 4
2026-10-07	Unavailable	Unavailable	4 / 4
2026-10-08	Unavailable	Unavailable	4 / 4
2026-10-09	Unavailable	Unavailable	4 / 4
2026-10-10	Unavailable	Unavailable	4 / 4
2026-10-11	Unavailable	Unavailable	4 / 4
2026-10-12	Unavailable	Unavailable	4 / 4
2026-10-13	Unavailable	Unavailable	4 / 4
2026-10-14	Unavailable	Unavailable	4 / 4
2026-10-15	Unavailable	Unavailable	4 / 4
2026-10-16	Unavailable	Unavailable	4 / 4
2026-10-17	Unavailable	Unavailable	4 / 4
2026-10-18	Unavailable	Unavailable	4 / 4
2026-10-19	Unavailable	Unavailable	4 / 4
2026-10-20	Unavailable	$5,009,554,046	4 / 5
2026-10-21	$6.64	$5,009,554,046	5 / 6
2026-10-22	$6.79	$5,028,192,612	5 / 6
2026-10-23	$6.86	$5,045,192,612	6 / 8
2026-10-24	$6.81	$5,052,906,900	5 / 8

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	9	3
2026-06-01	9	3
2026-07-01	10	3
2026-08-01	10	2
2026-09-01	10	2
2026-10-01	10	2

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 10 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades7 maintains

Recent actions · Sep 25–Oct 24 · 7 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain operating cash flow near $136M quarterlyCash from operations: $175M
Increase dividend per share to at least $0.28Dividend per share: $0.28 per share
Net income growth or stability near $108M quarterlyPublished status: Broken
Revenue growth of at least 3% annuallyPublished status: Broken

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.8%Typical daily move · historical

Downside history

-32.7%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Weatherford International outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a cyclical energy-services business with a sector tailwind, rather than a steady compounder. The long-term thesis is intact but in watch status: recent performance has lagged its industry cohort, and the next results could test execution.

What's priced into Weatherford International

The valuation evidence is mixed: WFRD appears cheap versus peers, while its overall value assessment is neutral. The expectations gap is modestly negative, and the priced-in assessment says the current setup is justified, with low fragility rather than a full combination of expensive valuation, weak execution, and a turbulent sector.

What the fundamentals likely do

Near term, an earnings beat on October 20 is positive, but industry peers have recently missed and the estimated miss probability is 39%, so the next report remains a risk. Adjusted free cash flow rose from $85 million in Q1 to $155 million in Q3, and management raised full-year guidance; however, the planned annual savings from redomestication do not begin until 2027, while WCC EBITDA declined in Q3 despite higher revenue.

What Weatherford International hinges on

The key near-term swing factor is whether WFRD cuts guidance on its next call, which would be a meaningful negative. The sector backdrop also matters: continued earnings strength and higher guidance from SLB, BKR, and HAL would support the tailwind, while misses or lower guidance from those peers could weaken it.