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Weatherford International ( (WFRD) ) has provided an announcement.
On June 11, 2025, Weatherford International held its Annual Meeting where shareholders approved several key resolutions. These included the election of six directors for a one-year term, the ratification of KPMG LLP as the company’s auditor, and the approval of the Fourth Amended and Restated 2019 Equity Incentive Plan to increase the number of ordinary shares by 1,286,000. The shareholders also granted the Board of Directors the authority to issue shares and opt-out of statutory preemption rights under Irish law, reflecting strong shareholder support for the company’s strategic initiatives.
The most recent analyst rating on (WFRD) stock is a Buy with a $158.00 price target. To see the full list of analyst forecasts on Weatherford International stock, see the WFRD Stock Forecast page.
Spark’s Take on WFRD Stock
According to Spark, TipRanks’ AI Analyst, WFRD is a Outperform.
Weatherford International’s overall stock score reflects its strong financial performance and undervaluation, counterbalanced by technical challenges and market uncertainties. The company’s strategic initiatives and robust cash flow are positive, but revenue declines and global trade uncertainties present risks.
To see Spark’s full report on WFRD stock, click here.
More about Weatherford International
Weatherford International plc operates in the oilfield services industry, providing equipment and services for drilling, evaluation, completion, production, and intervention of oil and natural gas wells. The company focuses on enhancing the productivity and efficiency of oil and gas operations globally.
Average Trading Volume: 1,550,937
Technical Sentiment Signal: Sell
Current Market Cap: $3.79B
Learn more about WFRD stock on TipRanks’ Stock Analysis page.