Upside Potential

Weatherford International plc’s valuation stands at a trailing‑12‑month enterprise‑value‑to‑EBITDA of 6.64x, below the sub‑industry average of 9.53x, indicating room for upside if execution improves and macro headwinds ease. The Zacks Rank is #1 (Strong Buy) and earnings estimates for the current year have risen by 10.8% over the past four weeks, supporting a $99 price target tied to backlog execution, mix improvement, and margin expansion through 2026‑27. Management projects margin expansion and stronger free cash flow despite a slightly lower expected 2026 revenue, driven by cost discipline and a higher‑quality revenue mix.