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NOW Inc (DNOW) Stock Forecast & Price Prediction

Live DNOW Stock Price & Analysis

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$17.18

+0.20 (1.18%)

12 Month Price Forecast For DNOW

$17.18
Current Price
$1.82B
Market Cap
3 Ratings
Buy 2
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to DNOW Price Forecasts

+16.4%
To High Target of $20.00
+10.6%
To Median Target of $19.00
-6.9%
To Low Target of $16.00

DNOW Price Momentum

+22.1%
1 Week Change
+27.4%
1 Month Change
+46.2%
1 Year Change
+32.1%
Year-to-Date Change
-6.9%
From 52W High of $18.45
+77.7%
From 52W Low of $9.67

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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: February 15, 2025 1:37 PM UTC

DNOW Analyst Ratings & Price Targets

Based on our analysis of 9 Wall Street analysts, DNOW has a bullish consensus with a median price target of $19.00 (ranging from $16.00 to $20.00). The overall analyst rating is Strong Buy (8.7/10). Currently trading at $17.18, the median forecast implies a 10.6% upside. This outlook is supported by 2 Buy, 1 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Nathan Jones at Stifel, projecting a 16.4% upside. Conversely, the most conservative target is provided by Charles Minervino at Susquehanna, suggesting a 6.9% downside.

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.

DNOW Analyst Consensus

2
Buy
1
Hold
0
Sell

DNOW Price Target Range

Low
$16.00
Average
$19.00
High
$20.00
Current: $17.18

Latest DNOW Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DNOW.

Date Firm Analyst Rating Change Price Target
Feb 14, 2025 Stifel Nathan Jones Buy Maintains $20.00
Jul 18, 2024 Stifel Nathan Jones Buy Maintains $17.00
Jul 11, 2024 Susquehanna Charles Minervino Neutral Maintains $14.00
May 13, 2024 Susquehanna Charles Minervino Neutral Maintains $15.00
Apr 8, 2024 Susquehanna Charles Minervino Neutral Maintains $16.00
Mar 28, 2024 Stifel Nathan Jones Buy Maintains $18.00
Feb 16, 2024 Stifel Nathan Jones Buy Maintains $16.00
Feb 16, 2024 Susquehanna Charles Minervino Neutral Maintains $13.00
Oct 4, 2023 Susquehanna Charles Minervino Neutral Maintains $11.00
Sep 28, 2023 Stifel Nathan Jones Buy Maintains $14.00
Apr 17, 2023 Stifel Nathan Jones Buy Maintains $14.00
Mar 14, 2023 Susquehanna Charles Minervino Neutral Reiterates $14.00
Feb 17, 2023 Susquehanna Charles Minervino Neutral Maintains $14.00
Jul 8, 2022 Benchmark Douglas Becker Buy Initiates $13.00
Nov 4, 2021 Stephens & Co. Overweight Upgrade $0.00
Jul 16, 2021 Stifel Buy Upgrade $0.00
Feb 19, 2021 JP Morgan Underweight Downgrade $0.00
Apr 14, 2020 Cowen & Co. Outperform Upgrade $0.00
Apr 3, 2020 Stephens & Co. Blake Hirschman Overweight Reiterates $9.00
Mar 20, 2020 Keybanc Steve Barger Overweight Maintains $14.00

Stocks Similar to NOW Inc

The following stocks are similar to NOW Inc based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

NOW Inc (DNOW) Financial Data

NOW Inc has a market capitalization of $1.82B with a P/E ratio of 9.1x. The company generates $2.36B in trailing twelve-month revenue with a 8.7% profit margin.

Revenue growth is +3.1% quarter-over-quarter, while maintaining an operating margin of +5.4% and return on equity of +20.3%.

Valuation Metrics

Market Cap $1.82B
Enterprise Value $1.30B
P/E Ratio 9.1x
PEG Ratio 20.5x
Price/Sales 0.8x

Growth & Margins

Revenue Growth (YoY) +3.1%
Gross Margin +22.3%
Operating Margin +5.4%
Net Margin +8.7%
EPS Growth -62.9%

Financial Health

Cash/Price Ratio +14.4%
Current Ratio 2.5x
Debt/Equity 5.8x
ROE +20.3%
ROA +5.9%

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NOW Inc logo

NOW Inc (DNOW) Company Overview

About NOW Inc

What They Do

Distributes energy and industrial products globally.

Business Model

The company operates by providing a wide range of consumable and industrial products essential for various sectors, including petroleum refining and chemical processing. It generates revenue through the sale of maintenance, repair, and operating supplies, as well as original equipment manufacturing and integrated supply chain solutions tailored for the energy and industrial sectors.

Additional Information

DNOW Inc. serves a diverse clientele, including upstream and downstream energy companies, midstream operators, and industrial manufacturers. Founded in 1862 and headquartered in Houston, Texas, the company has a long-standing presence in the market and operates internationally, adapting to meet the needs of its customers in a dynamic energy landscape.

Company Information

Sector

Industrials

Industry

Industrial Distribution

Employees

2,550

CEO

Mr. David A. Cherechinsky CPA

Country

United States

IPO Year

2014

NOW Inc (DNOW) Latest News & Analysis

DNOW stock latest news image
Quick Summary

DNOW has released its financial results for the fourth quarter and full year of 2024. Further details on performance metrics and financials can be found in their report.

Why It Matters

DNOW's quarterly and annual results provide insights into the company's financial health, operational performance, and future growth prospects, influencing stock valuation and investment decisions.

Source: Business Wire
Market Sentiment: Neutral
DNOW stock latest news image
Quick Summary

DNOW will hold an earnings conference call for Q4 and full-year 2024 results, providing investors with insights into the company's financial performance.

Why It Matters

The announcement of DNOW's earnings call signals upcoming financial performance insights, which can influence stock valuation and investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
DNOW stock latest news image
Quick Summary

DNOW has authorized a new $160 million share repurchase program, indicating a commitment to returning value to shareholders.

Why It Matters

DNOW's $160 million share repurchase program signals confidence in its financial health, potentially boosting share price and indicating strong cash flow management.

Source: Business Wire
Market Sentiment: Neutral
DNOW stock latest news image
Quick Summary

DNOW has announced the acquisition of Trojan Rentals, LLC, expanding its operations and portfolio in the rental services sector.

Why It Matters

DNOW's acquisition of Trojan Rentals may enhance its market position, expand service offerings, and drive revenue growth, influencing stock performance and investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
DNOW stock latest news image
Quick Summary

DNOW's international revenue performance is under review, influencing Wall Street analysts' forecasts and the stock's future prospects. Further details on revenue impact are awaited.

Why It Matters

DNOW's international revenue performance can influence analyst forecasts and market sentiment, impacting stock valuation and investment decisions related to future growth potential.

Source: Zacks Investment Research
Market Sentiment: Negative
DNOW stock latest news image
Quick Summary

DNOW Inc (NYSE:DNOW) will hold its Q3 2024 results conference call on November 7, 2024, at 9:00 AM ET, featuring key executives including CEO David Cherechinsky and CFO Mark Johnson.

Why It Matters

The upcoming Q3 2024 results call for DNOW Inc. could reveal financial performance, strategic insights, and management outlook, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About DNOW Stock

What is NOW Inc's (DNOW) stock forecast for 2025?

Based on our analysis of 9 Wall Street analysts, NOW Inc (DNOW) has a median price target of $19.00. The highest price target is $20.00 and the lowest is $16.00.

Is DNOW stock a good investment in 2025?

According to current analyst ratings, DNOW has 2 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $17.18. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for DNOW stock?

Wall Street analysts predict DNOW stock could reach $19.00 in the next 12 months. This represents a 10.6% increase from the current price of $17.18. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is NOW Inc's business model?

The company operates by providing a wide range of consumable and industrial products essential for various sectors, including petroleum refining and chemical processing. It generates revenue through the sale of maintenance, repair, and operating supplies, as well as original equipment manufacturing and integrated supply chain solutions tailored for the energy and industrial sectors.

What is the highest forecasted price for DNOW NOW Inc?

The highest price target for DNOW is $20.00 from Nathan Jones at Stifel, which represents a 16.4% increase from the current price of $17.18.

What is the lowest forecasted price for DNOW NOW Inc?

The lowest price target for DNOW is $16.00 from Charles Minervino at Susquehanna, which represents a -6.9% decrease from the current price of $17.18.

What is the overall DNOW consensus from analysts for NOW Inc?

The overall analyst consensus for DNOW is bullish. Out of 9 Wall Street analysts, 2 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $19.00.

How accurate are DNOW stock price projections?

Stock price projections, including those for NOW Inc, 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.