NOV

Nov Inc

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Advanced Chart

12.830

-0.080(-0.620%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

12.960

Open

12.870

VWAP

12.87

Vol

81.03K

Mkt Cap

4.85B

Low

12.820

Amount

1.04M

EV/EBITDA(TTM)

4.64

Total Shares

395.54M

5.83B

EV/OCF(TTM)

3.84

P/S(TTM)

0.58

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

FY2025Q4

FY2025Q3

FY2025Q2

2.20B

-4.54%

0.344

-16.01%

2.15B

-2.02%

0.311

-8.61%

2.16B

-2.42%

0.310

-5.49%

Estimates Revision

The market is revising Downward the revenue expectations for NOV Inc. (NOV) for FY2025, with the revenue forecasts being adjusted by -0.99% over the past three months. During the same period, the stock price has changed by -17.86%.

Revenue Estimates for FY2025

Revise Downward

-0.99%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-3.15%

In Past 3 Month

Stock Price

Go Down

-17.86%

In Past 3 Month

15 Analyst Rating

25.33% 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 16.08 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

5 Hold

3 Sell

Moderate Buy

25.33% Upside

Current: 12.830

Low

10.00

Averages

16.08

High

23.00

25.33% Upside

Current: 12.830

Low

10.00

Averages

16.08

High

23.00

Piper Sandler

Luke Lemoine

Hold

Maintains

$18 → $16

2025-05-01

Reason

Piper Sandler

Luke Lemoine

Price Target

$18 → $16

2025-05-01

Maintains

Hold

Reason

Piper Sandler lowered the firm's price target on NOV Inc. to $16 from $18 and keeps a Neutral rating on the shares. The firm notes the company reported solid Q1 results, 2% above consensus, coupled with elevated free cash flow, but the outlook understandably underwhelmed as management guided second half of 2025 results to be up modestly 1%-2% vs. first half of 2025 on flat EBITDA margins, which lowered Piper's 2025 EBITDA by 10%. Further, management quantified their expected tariff impact to range $8M-$10M in Q2 and represent $15M/quarter in the second half of 2025.

Wells Fargo

Roger Read

Sell

Maintains

$10 → $11

2025-05-01

Reason

Wells Fargo

Roger Read

Price Target

$10 → $11

2025-05-01

Maintains

Sell

Reason

RBC Capital

Keith Mackey

Buy

Maintains

$20 → $19

2025-04-30

Reason

RBC Capital

Keith Mackey

Price Target

$20 → $19

2025-04-30

Maintains

Buy

Reason

JP Morgan

Arun Jayaram

Buy

Maintains

$20 → $17

2025-04-30

Reason

JP Morgan

Arun Jayaram

Price Target

$20 → $17

2025-04-30

Maintains

Buy

Reason

JPMorgan lowered the firm's price target on NOV Inc. to $17 from $20 and keeps an Overweight rating on the shares. Despite a Q1 beat that featured strong free cash flow conversion, NOV shares dropped, reflecting a softer Q2 outlook and full-year guidance reduction relative to consensus expectations, the analyst tells investors in a research note. The firm believes NOV continued to dispel some concerns around offshore trends in the deepwater.

Barclays

David Anderson

Sell

Maintains

$13 → $11

2025-04-30

Reason

Barclays

David Anderson

Price Target

$13 → $11

2025-04-30

Maintains

Sell

Reason

Barclays lowered the firm's price target on NOV Inc. to $11 from $13 and keeps an Underweight rating on the shares. The company's second half guidance of flat revenue and margins will be tough to hit considering North America activity is softening, while the tariff impact is "surprisingly low" for the largest manufacturer in the U.S., the analyst tells investors in a research note.

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.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Nov Inc (NOV.N) is 10.29, 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

10.29

Overvalued PE

59.13

Undervalued PE

-58.80

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.

Fair

5Y Average EV/EBITDA

13.58

Current EV/EBITDA

5.82

Overvalued EV/EBITDA

21.65

Undervalued EV/EBITDA

5.51

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.

Undervalued

5Y Average PS

0.86

Current PS

0.57

Overvalued PS

1.01

Undervalued PS

0.72