12 Month Price Forecast For BORR
Distance to BORR Price Forecasts
BORR Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 3:44 AM UTC
BORR Analyst Ratings & Price Targets
Based on our analysis of 4 Wall Street analysts, BORR has a consensus that is bullish. The median price target is $5.60, with forecasts ranging from $4.50 to $6.00. Currently, there are 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With BORR currently trading at $3.41, the median price forecast suggests a 64.2% upside. The most optimistic forecast comes from at , projecting a 76.0% upside, while at provides the most conservative target, suggesting a 32.0% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BORR Analyst Consensus
BORR Price Target Range
Latest BORR Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BORR.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 13, 2024 | Evercore ISI Group | James West | Outperform | Upgrade | $9.00 |
| Feb 23, 2024 | Evercore ISI Group | James West | In-Line | Maintains | $9.00 |
| Feb 14, 2023 | Evercore ISI Group | James West | In-Line | Maintains | $10.00 |
| Jan 6, 2023 | BTIG | Gregory Lewis | Buy | Upgrade | $0.00 |
| Jun 2, 2020 | Citigroup | Scott Gruber | Neutral | Maintains | $0.65 |
| Apr 1, 2020 | BTIG | Neutral | Downgrade | $0.00 | |
| Mar 23, 2020 | Citigroup | Scott Gruber | Neutral | Maintains | $0.40 |
| Dec 10, 2019 | Goldman Sachs | Buy | Initiates | $0.00 | |
| Dec 6, 2019 | HSBC | Hold | Downgrade | $0.00 | |
| Sep 23, 2019 | Citigroup | Neutral | Maintains | $7.00 | |
| Aug 26, 2019 | Citi | Neutral | Initiates | $0.00 |
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Borr Drilling Ltd (BORR) Financial Data
Borr Drilling Ltd has a market capitalization of $894.54M with a P/E ratio of 10.7x. The company generates $968.10M in trailing twelve-month revenue with a 8.7% profit margin.
Revenue growth is +26.2% quarter-over-quarter, while maintaining an operating margin of +34.6% and return on equity of +8.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Borr Drilling Ltd (BORR) Company Overview
About Borr Drilling Ltd
Offshore shallow-water drilling contractor.
Borr Drilling Limited generates revenue by owning, contracting, and operating jack-up drilling rigs for the oil and gas industry. It provides essential equipment and skilled work crews for drilling and workover operations, catering primarily to oil and gas exploration and production companies, including integrated and independent firms as well as state-owned entities.
Incorporated in 2016 and based in Hamilton, Bermuda, Borr Drilling Limited was previously known as Magni Drilling Limited. The company focuses on shallow-water operations, positioning itself to meet the specific needs of its clientele in various offshore drilling projects.
Company Information
Sector
Energy
Industry
Oil & Gas Drilling
Employees
1,884
CEO
Mr. Patrick Arnold Henk Schorn
Country
Bermuda
IPO Year
2019
Website
borrdrilling.comBorr Drilling Ltd (BORR) Latest News & Analysis
Borr Drilling Limited (NYSE: BORR) will release Q4 2024 financial results on February 19, 2025, with a conference call on February 20 at 9:00 AM NY time.
Borr Drilling's upcoming financial results release and conference call could impact stock performance, providing insights into the company's profitability and future outlook.
Borr Drilling Limited to Present at the Fearnley Securities' Annual Offshore Drilling Seminar
8 days agoBorr Drilling Limited (NYSE: BORR) will present at Fearnley Securities' Annual Offshore Drilling Seminar in New York and London on January 15-16, 2025. Presentation available on their website.
Borr Drilling's presentation at a key industry seminar may signal strategic developments or insights, influencing investor sentiment and stock performance in the offshore drilling sector.
The jack-up market faces tight supply, with 30% of the fleet over 30 years old and only 3% of the fleet on order. Borr Drilling holds a strong position with a young fleet.
Tight supply in the jack-up market suggests rising demand and potential price increases. Borr Drilling's young fleet positions it well for future growth and profitability.
Borr Drilling shows potential as an undervalued offshore driller with improving financials, high utilization rates, and attractive valuation ratios. Increased dividends and buybacks may be possible.
Borr Drilling's undervaluation, strong financials, high utilization, and potential U.S. expansion signal growth opportunities, while low valuation metrics and management ownership enhance attractiveness.
Borr Drilling initiated a $10 million share repurchase program on December 13, 2024, as part of a $20 million plan authorized by its Board, to be completed by year-end.
Borr Drilling's $10 million share repurchase indicates confidence in its financial health, potentially boosting share prices and signaling to investors a commitment to shareholder value.
Borr Drilling Limited plans to repurchase an additional $10 million in shares by year-end 2024, following a completed $10 million repurchase under a $20 million authorization.
Borr Drilling's $20 million share repurchase signals confidence in its financial health, potentially boosting share value and appealing to investors seeking stability and returns.
Frequently Asked Questions About BORR Stock
What is Borr Drilling Ltd's (BORR) stock forecast for 2025?
Based on our analysis of 4 Wall Street analysts, Borr Drilling Ltd (BORR) has a median price target of $5.60. The highest price target is $6.00 and the lowest is $4.50.
Is BORR stock a good investment in 2025?
According to current analyst ratings, BORR has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.41. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for BORR stock?
Wall Street analysts predict BORR stock could reach $5.60 in the next 12 months. This represents a 64.2% increase from the current price of $3.41. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Borr Drilling Ltd's business model?
Borr Drilling Limited generates revenue by owning, contracting, and operating jack-up drilling rigs for the oil and gas industry. It provides essential equipment and skilled work crews for drilling and workover operations, catering primarily to oil and gas exploration and production companies, including integrated and independent firms as well as state-owned entities.
What is the highest forecasted price for BORR Borr Drilling Ltd?
The highest price target for BORR is $6.00 from at , which represents a 76.0% increase from the current price of $3.41.
What is the lowest forecasted price for BORR Borr Drilling Ltd?
The lowest price target for BORR is $4.50 from at , which represents a 32.0% increase from the current price of $3.41.
What is the overall BORR consensus from analysts for Borr Drilling Ltd?
The overall analyst consensus for BORR is bullish. Out of 4 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $5.60.
How accurate are BORR stock price projections?
Stock price projections, including those for Borr Drilling Ltd, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
