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NOV Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
19.360
Open
18.960
VWAP
19.06
Vol
5.17M
Mkt Cap
6.89B
Low
18.690
Amount
98.60M
EV/EBITDA(TTM)
7.31
Total Shares
360.63M
EV
7.37B
EV/OCF(TTM)
5.89
P/S(TTM)
0.82
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.
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Events Timeline

(ET)
2026-04-15
16:30:00
Major Averages Close Mixed as Bank of America and Morgan Stanley Beat Q1 Earnings
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2026-04-15
12:00:00
Dow Jones Falls, S&P 500 and Nasdaq Rise
select
2026-04-15
09:40:00
Company Expects Revenue of $2.05B, Impacted by Middle East Conflict
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2026-03-25 (ET)
2026-03-25
06:40:00
NOV Inc. Invests $200M to Double Capacity at Brazil Facility
select
2026-02-20 (ET)
2026-02-20
06:40:00
NOV Inc. Increases Quarterly Cash Dividend by 20% to 9 Cents per Share
select

News

NASDAQ.COM
9.5
04-15NASDAQ.COM
NOV Expects First Quarter Results to Decline
  • Earnings Guidance Downgrade: NOV now expects first-quarter revenue to decline to $2.05 billion, down from previous guidance of $2.25 billion, primarily due to operational disruptions caused by ongoing Middle East conflicts, with an estimated revenue loss of $54 million.
  • Adjusted EBITDA Impact: The company anticipates adjusted EBITDA of $177 million, significantly lower than the prior expectation of $200 million to $225 million, highlighting the substantial impact of safety and logistical challenges on profitability.
  • Historical Performance Comparison: Compared to the first quarter of 2025, which recorded revenue of $2.103 billion and adjusted EBITDA of $252 million, the current expectations indicate a marked decline, reflecting a deteriorating market environment.
  • Market Reaction: In pre-market trading on the New York Stock Exchange, NOV's stock fell by 0.47% to $19.01, indicating investor concerns regarding the company's lowered earnings outlook.
seekingalpha
6.0
04-14seekingalpha
RBC Downgrades NOV to Sector Perform Amid Inflationary Pressures
  • Rating Downgrade Impact: RBC Capital downgraded NOV from Outperform to Sector Perform with a $21 price target, indicating that 15%-20% of the company's revenues from the Middle East are facing inflationary pressures from rising transportation costs, which may be difficult to pass on to customers in real time.
  • Cash Flow Forecast: The analyst expects NOV to convert approximately 37% of its EBITDA into free cash flow in 2025, compared to an average of 47% among peers like SLB, Halliburton, and Baker Hughes, suggesting NOV's cash flow generation capability is relatively weak, with the stock currently trading at a 5% free cash flow yield, in line with peers.
  • Market Outlook: Despite the significant abatement of working capital tailwinds, the analyst noted that NOV is expected to see improvements in offshore activity beginning in H2 2026, which will drive increased rig aftermarket revenue, alongside continued progress on its Brazil flexible pipe project and improvements in Middle East drilling and completion activities.
  • Competitor Dynamics: RBC also downgraded Canadian pure-play provider Trican Well Service to Sector Perform with a C$7.50 price target, citing that the Canadian fracturing market appears well-supplied, leading to softer pricing; despite Trican enhancing its cash-generating capability through the 2025 Iron Horse acquisition, free cash flow in 2026 is expected to be 7% lower than in 2025.
CNBC
8.0
04-03CNBC
Impact of Trump's Tariffs One Year Later
  • Widespread Tariff Impact: Trump's tariff policies have placed significant economic pressure on U.S. businesses over the past year, with approximately 80% to 85% of costs absorbed by companies, leading to reduced profits and increased consumer prices, thereby exacerbating overall economic uncertainty.
  • Retail Sector Adaptation: While large retailers like Walmart have emerged relatively unscathed, smaller businesses have been severely impacted, with Home Depot aiming to limit purchases from any single country to 10% to reduce dependency and enhance supply chain flexibility.
  • Automotive Industry Cost Surge: Automakers such as General Motors and Toyota are facing tariff impacts estimated at up to $9.5 billion, and although the Trump administration has taken steps to alleviate overlapping tariffs, overall costs remain significant, forcing companies to reassess their supply chain strategies.
  • Pharmaceutical Sector Stability: Pharmaceutical companies have secured three-year tariff exemptions through pricing agreements with Trump, although new tariffs impose 100% on companies that do not reach agreements, the overall industry is still striving to increase investments in U.S. manufacturing.
CNBC
2.0
03-31CNBC
Iran War Triggers Heavy Selling in European Equity Markets
  • Market Sell-Off Pressure: The outbreak of the Iran war has led to significant selling pressure across European equity markets in March, with the UK's FTSE 100 down 5%, while Germany's DAX and France's CAC 40 both fell by 7%, reflecting investor concerns over a second energy price shock in four years.
  • Swiss Market Performance: The Swiss Market Index dropped 7.5% in March, hitting a low of approximately 13% down on March 20 before recovering some losses as the conflict evolved, with analysts suggesting that the Swiss equity market is well-positioned for a potential sentiment rebound.
  • UBS Analyst Insights: UBS analysts highlighted that Swiss equities, trading at around 16x forward earnings with a 3.2% dividend yield, are now more appealing compared to Swiss franc bonds offering zero interest, prompting an upgrade of Swiss equities to
CNBC
8.5
03-27CNBC
Novartis Plans $2 Billion Acquisition of Excellergy for Allergy Treatment
  • Acquisition Strategy: Novartis is planning to acquire U.S.-based biotech Excellergy for up to $2 billion, aiming to enhance its allergy drug portfolio by introducing the early-stage candidate Exl-111, which is expected to outperform existing market treatments in speed and efficacy.
  • Patent Expiration Response: This acquisition represents Novartis' latest bolt-on deal to counteract looming patent expirations, particularly as its best-selling drugs face generic competition, which is anticipated to positively impact future revenue streams.
  • Recent Transaction Activity: Prior to the Excellergy deal, Novartis announced the acquisition of Pikavation Therapeutics for up to $3 billion to secure rights to an experimental breast cancer drug, highlighting its strategic focus on oncology.
  • Market Reaction: While Novartis shares traded sideways in morning trading in Zurich, they have increased by 33% over the past year, reflecting market confidence in its acquisition strategy and future growth potential.
seekingalpha
8.5
03-25seekingalpha
NOV Inc. Invests $200M to Double Subsea Pipe Capacity in Brazil
  • Capacity Expansion Plan: NOV Inc. announced a $200M investment to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, over the next three years to support anticipated long-term demand growth.
  • Market Demand Forecast: The company indicated that its current manufacturing capacity is operating at or near full utilization, with a backlog extending into 2028, highlighting the potential for increased offshore development activity.
  • Industry Trend Analysis: NOV President and CEO Jose Bayardo emphasized that without the additional capacity planned to come online by late 2029, the industry's current capacity will likely be insufficient to meet demand into the 2030s.
  • Customer Support: An executive from Brazilian customer Petrobras stated that as the world's largest consumer of subsea flexible pipe, they support NOV's investment in Brazil, which enhances local manufacturing capabilities.
Wall Street analysts forecast NOV stock price to rise
11 Analyst Rating
Wall Street analysts forecast NOV stock price to rise
5 Buy
5 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
16.00
Averages
19.18
High
23.00
Current: 0.000
sliders
Low
16.00
Averages
19.18
High
23.00
Morgan Stanley
Equal Weight
maintain
$18 -> $20
AI Analysis
2026-04-15
Reason
Morgan Stanley
Price Target
$18 -> $20
AI Analysis
2026-04-15
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on NOV Inc. to $20 from $18 and keeps an Equal Weight rating on the shares. Beyond the Middle East disruption, the firm expects higher oil prices to be supportive of increased upstream capital spending, says the analyst, who notes that the firm's 2027/2028 EBITDA estimates are now about 6% above consensus on average for the firm's energy services and equipment coverage.
RBC Capital
Keith Mackey
Outperform
to
Sector Perform
downgrade
$21
2026-04-14
Reason
RBC Capital
Keith Mackey
Price Target
$21
2026-04-14
downgrade
Outperform
to
Sector Perform
Reason
RBC Capital analyst Keith Mackey downgraded NOV Inc. to Sector Perform from Outperform with an unchanged price target of $21. The firm sees a less compelling risk/reward opportunity at current share levels. NOV earns 15%-20% of its revenue from the Middle East, but its product-based business is subject to inflationary pressures from transportation cost increases which can be difficult to pass-through in real time, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NOV
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Valuation Metrics

The current forward P/E ratio for Nov Inc (NOV.N) is 19.61, compared to its 5-year average forward P/E of 8.19. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
8.19
Current PE
19.61
Overvalued PE
65.35
Undervalued PE
-48.96

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
9.75
Current EV/EBITDA
5.34
Overvalued EV/EBITDA
13.82
Undervalued EV/EBITDA
5.67

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.82
Current PS
0.77
Overvalued PS
0.98
Undervalued PS
0.66

Financials

AI Analysis
Annual
Quarterly

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Whales Holding NOV

H
Heartland Advisors, Inc.
Holding
NOV
+9.91%
3M Return
H
Hotchkis and Wiley Capital Management, LLC
Holding
NOV
+7.48%
3M Return
F
First Pacific Advisors, LP
Holding
NOV
+4.34%
3M Return
C
Cobas Asset Management, SGIIC, SA
Holding
NOV
+4.20%
3M Return
G
Greenhaven Associates Inc
Holding
NOV
-0.05%
3M Return
P
Pzena Investment Management, Inc.
Holding
NOV
-2.60%
3M Return

Trading Trends

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Frequently Asked Questions

What is Nov Inc (NOV) stock price today?

The current price of NOV is 19.14 USD — it has increased 0.21

What is Nov Inc (NOV)'s business?

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.

What is the price predicton of NOV Stock?

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 is19.18 USD with a low forecast of 16.00 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.

What is Nov Inc (NOV)'s revenue for the last quarter?

Nov Inc revenue for the last quarter amounts to 2.28B USD, decreased -1.34

What is Nov Inc (NOV)'s earnings per share (EPS) for the last quarter?

Nov Inc. EPS for the last quarter amounts to -0.21 USD, decreased -151.22

How many employees does Nov Inc (NOV). have?

Nov Inc (NOV) has 31605 emplpoyees as of April 21 2026.

What is Nov Inc (NOV) market cap?

Today NOV has the market capitalization of 6.89B USD.