Noble Corporation PLC Reaches 20-Day High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 03 Dec 25
Source: PRnewswire
Noble Corporation PLC's stock price increased by 7.17%, reaching a 20-day high amid favorable market conditions.
The Nasdaq-100 and S&P 500 indices also showed positive movements, contributing to the overall market optimism.
Analysts suggest that Noble's current valuation may indicate potential for growth, despite its year-to-date decline.
Analyst Views on NE
Wall Street analysts forecast NE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NE is 33.20 USD with a low forecast of 32.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
1 Buy
4 Hold
0 Sell
Hold
Current: 34.620
Low
32.00
Averages
33.20
High
36.00
Current: 34.620
Low
32.00
Averages
33.20
High
36.00
About NE
Noble Corporation plc is an offshore drilling contractor for the oil and gas industry, which owns and operates technically advanced fleets in the offshore drilling industry. The Company performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units focused on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide. It provides contract drilling services to the international oil and gas industry with its global fleet of mobile offshore drilling units. The mobile offshore drilling units comprising its offshore rig fleet operate in a global market for contract drilling services, and its customers consist primarily of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world. Its fleet of approximately 31 drilling rigs consists of 25 floaters and 6 jackups. Its fleet includes Noble Faye Kozack, Noble Venturer, Noble Viking, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
