Nov Inc Hits 52-Week High Amid Market Gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 Dec 25
Nov Inc's stock price increased by 3.74%, reaching a 52-week high.
This movement aligns with the broader market, as the Nasdaq-100 and S&P 500 both posted gains of 0.57% and 0.74%, respectively.
The strong performance in the market reflects positive investor sentiment, which may continue to support further gains for Nov Inc.
Analyst Views on NOV
Wall Street analysts forecast NOV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOV is 17.27 USD with a low forecast of 14.00 USD and a high forecast of 22.00 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.
12 Analyst Rating
5 Buy
5 Hold
2 Sell
Hold
Current: 18.380
Low
14.00
Averages
17.27
High
22.00
Current: 18.380
Low
14.00
Averages
17.27
High
22.00
About NOV
NOV Inc. is an independent provider of equipment and technology to the upstream oil and gas industry. The Company's proprietary technology portfolio supports the industry’s drilling, completion, and production needs. It operates under two segments: Energy Products and Services, and Energy Equipment. The Company’s Energy Products and Services segment primarily designs, manufactures, rents, and sells products and equipment used in drilling, intervention, completion, and production activities. Its products include drill bits, downhole tools, premium drill pipe, drilling fluids, managed pressure drilling, integral and weld-on connectors for conductor strings and surface casing, completion tools, and artificial lift systems. Its Energy Equipment segment manufactures and supports the capital equipment and integrated systems needed for oil and gas exploration and production, both onshore and offshore, as well as for other marine-based, industrial and renewable energy markets.
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.
