Should You Buy Nov Inc (NOV) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
NOV Inc. is not a strong buy for a beginner investor with a long-term focus at this time. The stock lacks significant positive catalysts, has weak financial performance, and no strong trading signals. While the technical indicators are mildly bullish, the broader sentiment and financials suggest holding off for now.
Technical Analysis
The technical indicators show a mildly bullish trend. The MACD is positive at 0.0924, suggesting upward momentum, and the moving averages (SMA_5 > SMA_20 > SMA_200) confirm a bullish trend. RSI at 69.976 is neutral, and the stock is trading near its pivot level of 18.103, with resistance at 18.883 and support at 17.324.
Analyst Ratings and Price Target Trends
Analyst sentiment is mixed. Recent upgrades in price targets (e.g., Susquehanna to $20, TD Cowen to $22) reflect optimism about cyclical recovery, but some analysts remain cautious, with Neutral or Underweight ratings. The average price target suggests limited upside from the current price.
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 USD and a high forecast of 22 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.
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 USD and a high forecast of 22 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.
Current: 18.380
Current: 18.380
