DNOW Inc. (DNOW)
NYSE: DNOW · Real-Time Price · USD
11.89
+0.23 (1.93%)
Nov 4, 2024, 2:24 PM EST - Market open

DNOW Inc. Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for DNOW Inc. stock have an average target of 15.5, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 30.42% from the current stock price of 11.89.

Analyst Consensus: Buy
Target Low Average Median High
Price $14 $15.5 $17 $17
Change +17.80% +30.42% +43.04% +43.04%
* Price targets were last updated on Jul 18, 2024.

Analyst Ratings

The average analyst rating for DNOW Inc. stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$16$17
Strong Buy Maintains $16$17 +43.04% Jul 18, 2024
Susquehanna
Susquehanna
Hold
Maintains
$15$14
Hold Maintains $15$14 +17.80% Jul 11, 2024
Susquehanna
Susquehanna
Hold
Maintains
$16$15
Hold Maintains $16$15 +26.21% May 13, 2024
Susquehanna
Susquehanna
Hold
Maintains
$13$16
Hold Maintains $13$16 +34.62% Apr 8, 2024
Stifel
Stifel
Strong Buy
Maintains
$16$18
Strong Buy Maintains $16$18 +51.45% Mar 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.44B
from 2.32B
Increased by 4.91%
Revenue Next Year
2.48B
from 2.44B
Increased by 1.81%
EPS This Year
0.88
from 2.24
Decreased by -60.61%
EPS Next Year
0.91
from 0.88
Increased by 2.60%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.95B1.62B1.63B2.14B2.32B2.44B2.48B2.55B
Revenue Growth
-5.63%-45.14%0.80%30.88%8.66%4.91%1.81%2.70%
EPS
-0.89-3.910.051.132.240.880.910.92
EPS Growth
---2,395.14%98.23%-60.61%2.60%1.41%
Forward PE
-----13.4713.1312.95
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.5B 2.6B 2.7B
Avg 2.4B 2.5B 2.5B
Low 2.3B 2.3B 2.4B

Revenue Growth

Revenue Growth 2024202520262027
High
8.8%
7.2%
7.7%
Avg
4.9%
1.8%
2.7%
Low
-1.1%
-5.2%
-3.1%

EPS Forecast

EPS 2024202520262027
High 0.98 0.98 0.96
Avg 0.88 0.91 0.92
Low 0.79 0.80 0.87

EPS Growth

EPS Growth 2024202520262027
High
-56.4%
10.7%
5.6%
Avg
-60.6%
2.6%
1.4%
Low
-64.6%
-8.9%
-3.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.