NOV

Nov Inc

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Advanced Chart

12.200

-0.040(-0.330%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

12.875

Open

12.880

VWAP

12.42

Vol

1.06M

Mkt Cap

4.63B

Low

11.930

Amount

13.14M

EV/EBITDA(TTM)

4.41

Total Shares

395.54M

5.50B

EV/OCF(TTM)

4.22

P/S(TTM)

0.55

NOV Inc. is an independent equipment and technology provider to the global energy industry. The Company operates through two segments: Energy Equipment, and Energy Products and Services. Its engineering knowhow, global supply chain management, manufacturing, and energy infrastructure development support provides capabilities to assist customers with energy transition advancement. It is also a geothermal equipment and technology provider, offering an array of tools and equipment specifically designed for the ultra-harsh conditions associated with geothermal development. Additionally, the Company is an equipment and technology provider for purpose-built vessels used to build, install, and maintain offshore wind towers and turbines. The Company is engaged in the development and commercialization of novel products and technologies to improve the efficiencies and economics of land and offshore-based wind, geothermal power generation, and carbon capture and sequestration.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q1

FY2025Q2

FY2025Q3

2.10B

-2.75%

0.255

+6.62%

2.17B

-2.06%

0.326

-0.59%

2.20B

+0.33%

0.353

+3.57%

Estimates Revision

The market is revising Downward the revenue expectations for NOV Inc. (NOV) for FY2025, with the revenue forecasts being adjusted by -0.59% over the past three months. During the same period, the stock price has changed by -15.28%.

Revenue Estimates for FY2025

Revise Downward

-0.59%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.26%

In Past 3 Month

Stock Price

Go Down

-15.28%

In Past 3 Month

14 Analyst Rating

41.39% Upside

Wall Street analysts forecast NOV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOV is 17.25 USD with a low forecast of 10.00 USD and a high forecast of 23.00 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.

7 Buy

4 Hold

3 Sell

Moderate Buy

41.39% Upside

Current: 12.200

Low

10.00

Averages

17.25

High

23.00

41.39% Upside

Current: 12.200

Low

10.00

Averages

17.25

High

23.00

Stifel

Stephen Gengaro

Strong Buy

Maintains

$25 → $23

2025-04-15

Reason

Stifel

Stephen Gengaro

Price Target

$25 → $23

2025-04-15

Maintains

Strong Buy

Reason

Stifel analyst Stephen Gengaro lowered the firm's price target on NOV Inc. to $23 from $25 and keeps a Buy rating on the shares. Ahead of Q1 earnings season, the firm is updating its oilfield services and equipment group earnings models to reflect modestly lower Q1 activity than expected as well as a more cautious near-term outlook, the analyst tells investors in a preview.

Susquehanna

Charles Minervino

Buy

Maintains

$21 → $19

2025-04-14

Reason

Susquehanna

Charles Minervino

Price Target

$21 → $19

2025-04-14

Maintains

Buy

Reason

Susquehanna lowered the firm's price target on NOV Inc. to $19 from $21 and keeps a Positive rating on the shares. Heading into the Q1 earnings season for oilfield services, the firm says it is becoming increasingly likely that the sector is in for a more challenging year than previously expected. Crude prices have fallen while economic uncertainty related to geopolitical and government policy is creating an overhang that could change or delay customer spending, the analyst tells investors in a research note. At this stage, given the greater economic risks and lower crude prices, coupled with limited activity improvement thus far, there is more downside risk than upside risk to full-year estimates for U.S. and international spending, contends Susquehanna.

Goldman Sachs

Neil Mehta

Strong Sell

Maintains

$16 → $13

2025-04-10

Reason

Goldman Sachs

Neil Mehta

Price Target

$16 → $13

2025-04-10

Maintains

Strong Sell

Reason

RBC Capital

Keith Mackey

Hold

Buy

Upgrades

$22

2025-03-24

Reason

RBC Capital

Keith Mackey

Price Target

$22

2025-03-24

Upgrades

Hold

Buy

Reason

RBC Capital analyst Keith Mackey upgraded NOV Inc. to Outperform from Sector Perform with a $22 price target. The firm believes the company's EBITDA growth, free cash flow conversion, and free cash flow returns to shareholders continue to improve on a relative basis. For 2025, RBC now expects NOV to generate above-average EBITDA growth. It has increased its stock buyback assumption to about 5%-6% of outstanding shares. As such, the shares are "looking better" at current levels, the analyst tells investors in a research note.

Barclays

David Anderson

Sell

Maintains

$12 → $13

2025-02-18

Reason

Barclays

David Anderson

Price Target

$12 → $13

2025-02-18

Maintains

Sell

Reason

Piper Sandler

Luke Lemoine

Hold

Maintains

$17 → $18

2025-02-10

Reason

Piper Sandler

Luke Lemoine

Price Target

$17 → $18

2025-02-10

Maintains

Hold

Reason

Piper Sandler analyst Derek Podhaizer raised the firm's price target on NOV Inc. to $18 from $17 and keeps a Neutral rating on the shares following quarterly results. A number of puts and takes across NAM, International, and Offshore is leading to a flattish 2025 environment for NOV. The ongoing offshore drilling white space is expected to negatively impact both aftermarket and capital equipment, resulting in Energy Equipment topline to decline low single digits year-over-year and book-to-bill to step back closer to 1-turns vs. 1.2-turns in 2024, Piper adds.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Nov Inc (NOV.N) is 9.20, compared to its 5-year average forward P/E of -0.17. For a more detailed relative valuation and DCF analysis to assess Nov Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-0.17

Current PE

9.20

Overvalued PE

58.85

Undervalued PE

-59.20

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

13.88

Current EV/EBITDA

5.24

Overvalued EV/EBITDA

22.16

Undervalued EV/EBITDA

5.59

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Undervalued

5Y Average PS

0.86

Current PS

0.53

Overvalued PS

1.01

Undervalued PS

0.72