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DRQ Stock Forecast: Innovex International, Inc. Price Predictions for 2026

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$28.73

+0.30 (1.06%)

DRQ Stock Forecast 2026-2027

$28.73
Current Price
$987.93M
Market Cap
16 Ratings
Buy 3
Hold 12
Sell 1
Wall St Analyst Ratings

Distance to DRQ Price Targets

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

DRQ Price Momentum

+1.1%
1 Week Change
+2.6%
1 Month Change
+74.7%
1 Year Change
+31.4%
Year-to-Date Change
-10.9%
From 52W High of $32.25
+96.1%
From 52W Low of $14.65
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Latest DRQ Stock Price Targets & Analyst Predictions

DRQ has shown a year-to-date change of 31.4% and a 1-year change of 74.7%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for DRQ. Please refer to the price chart above for recent performance and trends.

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.

DRQ Analyst Ratings

3
Buy
12
Hold
1
Sell

DRQ Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $28.73

Latest DRQ Stock Forecasts by Analyst

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

Date Firm Analyst Rating Change Price Target
May 14, 2024 Barclays David Anderson Underweight Maintains $21.00
Feb 29, 2024 Barclays David Anderson Underweight Maintains $22.00
Feb 28, 2024 Evercore ISI Group James West Outperform Maintains $40.00
Nov 2, 2023 Barclays David Anderson Underweight Maintains $23.00
Aug 3, 2023 Barclays David Anderson Underweight Maintains $26.00
May 12, 2023 Barclays David Anderson Underweight Maintains $25.00
Mar 2, 2023 Barclays David Anderson Underweight Maintains $27.00
Mar 14, 2022 Tudor Pickering Taylor Zurcher Hold Downgrade $N/A
Nov 3, 2021 Barclays David Anderson Underweight Maintains $21.00
Apr 1, 2021 BTIG Neutral Initiates $N/A
Mar 5, 2021 Barclays Underweight Downgrade $N/A
Jul 16, 2020 Scotiabank Sector Perform Downgrade $N/A
May 27, 2020 B. Riley FBR Neutral Maintains $N/A
May 27, 2020 B. Riley Securities Neutral Maintains $33.00
May 12, 2020 Gabelli & Co. Hold Downgrade $N/A
Mar 31, 2020 Morgan Stanley Equal-Weight Upgrade $N/A
Mar 16, 2020 Morgan Stanley Connor Lynagh Equal-Weight Upgrade $35.00
Mar 10, 2020 JP Morgan Sean Meakim Overweight Upgrade $39.00
Jan 14, 2020 Morgan Stanley Underweight Maintains $45.00
Nov 21, 2019 Wolfe Research Underperform Initiates $N/A

Innovex International, Inc. (DRQ) Competitors

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

Innovex International, Inc. (DRQ) Financial Data

Innovex International, Inc. has a market capitalization of $987.93M with a P/E ratio of 995.5x. The company generates $424.06M in trailing twelve-month revenue with a 27.3% profit margin.

Revenue growth is +9.1% quarter-over-quarter, while maintaining an operating margin of +0.3% and return on equity of +0.1%.

Valuation Metrics

Market Cap $987.93M
Enterprise Value $817.28M
P/E Ratio 995.5x
PEG Ratio N/A
Price/Sales 2.3x

Growth & Margins

Revenue Growth (YoY) +9.1%
Gross Margin +30.8%
Operating Margin +0.3%
Net Margin +27.3%
EPS Growth N/A

Financial Health

Cash/Price Ratio N/A
Current Ratio 5.6x
Debt/Equity 0.0x
ROE +0.1%
ROA +0.1%
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Innovex International, Inc. logo

Innovex International, Inc. (DRQ) Business Model

About Innovex International, Inc.

What They Do

Provides engineered products for the oil and gas industry.

Business Model

The company generates revenue by supplying mission-critical engineered products and solutions tailored for the oil and gas sector, including subsea and surface wellheads, well construction, and intervention technologies. By offering integrated product portfolios, Innovex International enhances operational efficiency for its clients across both onshore and offshore upstream operations.

Additional Information

Formed in 2024 from the merger of Dril-Quip, Inc. and Innovex Downhole Solutions, Innovex International is headquartered in Houston, Texas, and operates globally across multiple regions including North America, Europe, and Asia Pacific. The company is recognized for its technical expertise and commitment to customer service in the energy sector, with shares traded under the symbol DQU0 on the Stuttgart Stock Exchange.

Company Information

Sector

Energy

Industry

Oil & Gas Equipment & Services

Employees

2,683

CEO

Mr. Adam B. Anderson

Country

United States

IPO Year

1997

Innovex International, Inc. (DRQ) Latest News & Analysis

Latest News

DRQ stock latest news image
Quick Summary

Brandes Investment Partners sold its entire 3,732,716-share stake in Dril-Quip Inc at $15.41 per share on September 30, 2024, indicating a shift in investment strategy.

Why It Matters

Brandes Investment Partners' sale of its entire stake in Dril-Quip signals a shift in strategy, potentially influencing market perception and stock price volatility for DRQ.

Source: GuruFocus
Market Sentiment: Negative
DRQ stock latest news image
Quick Summary

Dril-Quip Inc (DRQ) shares rose 3.32% on Oct 2, reaching an intraday high of $15.33 and closing at $15.27, up from $14.78 the previous day.

Why It Matters

Dril-Quip's 3.32% share surge indicates positive market sentiment, potentially reflecting strong performance or investor confidence, influencing future trading activity and valuations.

Source: GuruFocus
Market Sentiment: Positive
DRQ stock latest news image
Quick Summary

The Schall Law Firm is investigating Dril-Quip, Inc. (NYSE:DRQ) for potential securities law violations, specifically regarding misleading statements and undisclosed information to investors.

Why It Matters

Investigations into potential securities law violations can signal risks for Dril-Quip's stock, potentially leading to price volatility and impacting investor confidence.

Source: Accesswire
Market Sentiment: Neutral
DRQ stock latest news image
Quick Summary

The Schall Law Firm is investigating Dril-Quip, Inc. (NYSE:DRQ) for potential securities law violations, including false statements and undisclosed information affecting investors.

Why It Matters

The investigation into Dril-Quip for potential securities law violations could lead to legal liabilities, impacting stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral
DRQ stock latest news image
Quick Summary

The Schall Law Firm is investigating Dril-Quip, Inc. (NYSE:DRQ) for potential securities law violations, including possible misleading statements affecting investors.

Why It Matters

An investigation into Dril-Quip for potential securities law violations may signal financial instability or legal risks, impacting stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral
DRQ stock latest news image
Quick Summary

The Schall Law Firm is investigating Dril-Quip, Inc. (NYSE: DRQ) for potential securities law violations, including false statements and undisclosed information affecting investors.

Why It Matters

Investigations into Dril-Quip for potential securities law violations may indicate risks of legal repercussions, affecting stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral

Frequently Asked Questions About DRQ Stock

What is Innovex International, Inc.'s (DRQ) stock forecast for 2026?

Analyst forecasts for Innovex International, Inc. (DRQ) are not currently available. The stock is trading at $28.73.

Is DRQ stock a good investment in 2026?

According to current analyst ratings, DRQ has 3 Buy ratings, 12 Hold ratings, and 1 Sell ratings. The stock is currently trading at $28.73. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for DRQ stock?

Price predictions from Wall Street analysts for DRQ are not currently available. The stock is trading at $28.73.

What is Innovex International, Inc.'s business model?

The company generates revenue by supplying mission-critical engineered products and solutions tailored for the oil and gas sector, including subsea and surface wellheads, well construction, and intervention technologies. By offering integrated product portfolios, Innovex International enhances operational efficiency for its clients across both onshore and offshore upstream operations.

What is the highest forecasted price for DRQ Innovex International, Inc.?

Price targets from Wall Street analysts for DRQ are not currently available. The stock is trading at $28.73.

What is the lowest forecasted price for DRQ Innovex International, Inc.?

Price targets from Wall Street analysts for DRQ are not currently available. The stock is trading at $28.73.

What is the overall DRQ consensus from analysts for Innovex International, Inc.?

The overall analyst consensus for DRQ is neutral. Out of 7 Wall Street analysts, 3 rate it as Buy, 12 as Hold, and 1 as Sell.

How accurate are DRQ stock price projections?

Stock price projections, including those for Innovex International, 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.

Important 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.

Last updated: June 16, 2026 1:33 PM UTC
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