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Is it Justified to Bet on Undervalued SLB Stock Right Away?
SLB stock is currently undervalued based on its EV/EBITDA compared to the industry average. The company anticipates strong growth in offshore oil and gas activities and is diversifying into Data Center Solutions while returning capital to shareholders. However, despite these positives, SLB has underperformed its peers recently and expects a temporary slowdown in early 2026, suggesting it might not be the best time to invest immediately.