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NOV Stock Forecast 2025-2026
$12.84
Current Price
$4.85B
Market Cap
Buy 12
Hold 9
Sell 3
Wall St Analyst Ratings
Distance to NOV Price Targets
+79.1%
To High Target of $23.00
+28.5%
To Median Target of $16.50
-14.3%
To Low Target of $11.00
NOV Price Momentum
+2.8%
1 Week Change
+2.5%
1 Month Change
-32.6%
1 Year Change
-12.1%
Year-to-Date Change
-39.4%
From 52W High of $21.20
+18.5%
From 52W Low of $10.84
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Latest NOV Stock Price Targets & Analyst Predictions
Based on our analysis of 32 Wall Street analysts, NOV has a neutral consensus with a median price target of $16.50 (ranging from $11.00 to $23.00). The overall analyst rating is Buy (7.1/10). Currently trading at $12.84, the median forecast implies a 28.5% upside. This outlook is supported by 12 Buy, 9 Hold, and 3 Sell ratings.
The most optimistic forecast comes from Stephen Gengaro at Stifel, projecting a 79.1% upside. Conversely, the most conservative target is provided by Roger Read at Wells Fargo, suggesting a 14.3% 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.
NOV Analyst Ratings
12
Buy
9
Hold
3
Sell
NOV Price Target Range
Low
$11.00
Average
$16.50
High
$23.00
Current: $12.84
Latest NOV Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for NOV.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 1, 2025 | Wells Fargo | Roger Read | Underweight | Maintains | $11.00 |
| May 1, 2025 | Piper Sandler | Luke Lemoine | Neutral | Maintains | $16.00 |
| Apr 30, 2025 | Barclays | David Anderson | Underweight | Maintains | $11.00 |
| Apr 30, 2025 | JP Morgan | Arun Jayaram | Overweight | Maintains | $17.00 |
| Apr 30, 2025 | RBC Capital | Keith Mackey | Outperform | Maintains | $19.00 |
| Apr 15, 2025 | Stifel | Stephen Gengaro | Buy | Maintains | $23.00 |
| Apr 14, 2025 | Susquehanna | Charles Minervino | Positive | Maintains | $19.00 |
| Apr 10, 2025 | Goldman Sachs | Neil Mehta | Sell | Maintains | $13.00 |
| Mar 24, 2025 | RBC Capital | Keith Mackey | Outperform | Upgrade | $22.00 |
| Feb 18, 2025 | Barclays | David Anderson | Underweight | Maintains | $13.00 |
| Feb 10, 2025 | Piper Sandler | Luke Lemoine | Neutral | Maintains | $18.00 |
| Feb 6, 2025 | RBC Capital | Keith Mackey | Sector Perform | Maintains | $22.00 |
| Feb 6, 2025 | Raymond James | James Rollyson | Outperform | Maintains | $19.00 |
| Jan 15, 2025 | Evercore ISI Group | James West | In-Line | Downgrade | $18.00 |
| Dec 18, 2024 | Barclays | David Anderson | Underweight | Maintains | $12.00 |
| Dec 10, 2024 | ATB Capital | Waqar Syed | Sector Perform | Downgrade | $19.00 |
| Nov 11, 2024 | Citigroup | Scott Gruber | Neutral | Downgrade | $18.00 |
| Nov 4, 2024 | Wells Fargo | Roger Read | Underweight | Maintains | $15.00 |
| Oct 29, 2024 | Barclays | David Anderson | Underweight | Maintains | $16.00 |
| Oct 28, 2024 | TD Cowen | Marc Bianchi | Buy | Maintains | $22.00 |
Nov Inc. (NOV) Competitors
The following stocks are similar to National Oilwell Varco based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
NOV
National Oilwell Varco
mkt cap
4.85B
Nov Inc. (NOV) Financial Data
Nov Inc. has a market capitalization of $4.85B with a P/E ratio of 8.7x. The company generates $8.82B in trailing twelve-month revenue with a 6.7% profit margin.
Revenue growth is -2.4% quarter-over-quarter, while maintaining an operating margin of +7.8% and return on equity of +9.2%.
Valuation Metrics
Market Cap
$4.85B
Enterprise Value
$6.12B
P/E Ratio
8.7x
PEG Ratio
8.3x
Price/Sales
0.6x
Growth & Margins
Revenue Growth (YoY)
-2.4%
Gross Margin
+21.3%
Operating Margin
+7.8%
Net Margin
+6.7%
EPS Growth
-38.7%
Financial Health
Cash/Price Ratio
+24.0%
Current Ratio
2.7x
Debt/Equity
36.5x
ROE
+9.2%
ROA
+5.5%
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Nov Inc. (NOV) Business Model
About Nov Inc.
What They Do
Provider of technology and services for energy industry.
Business Model
The company generates revenue by designing and manufacturing equipment for oil and gas extraction and production. It offers a range of products, including drilling and completion equipment, advanced control systems, and supply chain management solutions, catering to both multinational corporations and independent operators in the energy sector.
Additional Information
With a strong global presence, the company plays a significant role in enhancing operational efficiency and production capabilities in the upstream energy market. Its commitment to innovation and expertise positions it to meet the evolving demands of the energy industry, promoting safer and more sustainable practices.
Company Information
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
32,307
CEO
Mr. Clay C. Williams
Country
United States
IPO Year
1996
Website
www.nov.comNov Inc. (NOV) Latest News & Analysis
Latest News
NOV Inc. (NOV) Q1 2025 Earnings Call Transcript
19 days ago
Quick Summary
NOV Inc. will host its Q1 2025 Earnings Conference Call on April 29, 2025, at 11:00 AM ET, featuring executives and analysts from various financial institutions.
Why It Matters
The earnings call provides insight into NOV Inc.'s financial performance and strategic direction, influencing investor sentiment and stock valuation.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
NOV anticipates a 1% to 4% decline in revenues year-over-year, with adjusted EBITDA projected between $250 million and $280 million for Q2 2025.
Why It Matters
NOV's projected revenue decline and lower EBITDA indicate potential challenges ahead, which may affect stock performance and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Negative
NOV Reports First Quarter 2025 Results
20 days ago
Quick Summary
NOV has released its Q1 2025 financial results. Further details on performance metrics and outlook may be available in the full report.
Why It Matters
NOV's Q1 2025 results provide crucial insights into its financial health and operational performance, influencing stock valuation and investment decisions.
Source: Business Wire
Market Sentiment:
Neutral
Nov Inc. (NOV) Lags Q1 Earnings Estimates
20 days ago
Quick Summary
Nov Inc. (NOV) reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.25, and down from $0.30 per share year-over-year.
Why It Matters
Nov Inc.'s earnings miss indicates weaker financial performance, potentially leading to a decline in stock price and investor confidence, impacting future valuations and outlook.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
NOV is expected to report lower revenues compared to last year but anticipates a higher net income due to reduced costs.
Why It Matters
Lower revenues may indicate declining demand or market pressures, but improved profitability from cost reductions can enhance cash flow and investor confidence in NOV's efficiency.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
Nov Inc. (NOV) is not expected to meet the criteria for a potential earnings beat in its upcoming report, indicating possible underperformance.
Why It Matters
Lack of favorable conditions for an earnings beat may indicate weaker financial performance, potentially impacting NOV's stock price and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Negative
Frequently Asked Questions About NOV Stock
What is Nov Inc.'s (NOV) stock forecast for 2025?
Based on our analysis of 32 Wall Street analysts, Nov Inc. (NOV) has a median price target of $16.50. The highest price target is $23.00 and the lowest is $11.00.
Is NOV stock a good investment in 2025?
According to current analyst ratings, NOV has 12 Buy ratings, 9 Hold ratings, and 3 Sell ratings. The stock is currently trading at $12.84. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for NOV stock?
Wall Street analysts predict NOV stock could reach $16.50 in the next 12 months. This represents a 28.5% increase from the current price of $12.84. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Nov Inc.'s business model?
The company generates revenue by designing and manufacturing equipment for oil and gas extraction and production. It offers a range of products, including drilling and completion equipment, advanced control systems, and supply chain management solutions, catering to both multinational corporations and independent operators in the energy sector.
What is the highest forecasted price for NOV Nov Inc.?
The highest price target for NOV is $23.00 from Stephen Gengaro at Stifel, which represents a 79.1% increase from the current price of $12.84.
What is the lowest forecasted price for NOV Nov Inc.?
The lowest price target for NOV is $11.00 from Roger Read at Wells Fargo, which represents a -14.3% decrease from the current price of $12.84.
What is the overall NOV consensus from analysts for Nov Inc.?
The overall analyst consensus for NOV is neutral. Out of 32 Wall Street analysts, 12 rate it as Buy, 9 as Hold, and 3 as Sell, with a median price target of $16.50.
How accurate are NOV stock price projections?
Stock price projections, including those for Nov 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: May 18, 2025 5:34 PM UTC