Noble Corporation plc (NE)
NYSE: NE · Real-Time Price · USD
29.88
+0.41 (1.39%)
Dec 26, 2024, 4:00 PM EST - Market closed
Noble Corporation Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Noble Corporation stock have an average target of 47, with a low estimate of 37 and a high estimate of 64. The average target predicts an increase of 57.30% from the current stock price of 29.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NE stock from 7 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 4 | 3 |
| Hold | 1 | 1 | 1 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $47 → $42 | Buy | Maintains | $47 → $42 | +40.56% | Dec 18, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $37 | Hold | Initiates | $37 | +23.83% | Dec 6, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $45 → $40 | Strong Buy | Maintains | $45 → $40 | +33.87% | Nov 27, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $40 → $38 | Hold | Maintains | $40 → $38 | +27.18% | Nov 7, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $67 → $64 | Buy | Maintains | $67 → $64 | +114.19% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
3.13B
from 2.46B
Increased by 26.94%
Revenue Next Year
3.64B
from 3.13B
Increased by 16.51%
EPS This Year
2.66
from 3.32
Decreased by -19.83%
EPS Next Year
2.85
from 2.66
Increased by 7.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.7B | 4.0B | 4.3B |
| Avg | 3.1B | 3.6B | 4.0B |
| Low | 2.9B | 3.3B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 50.5% | 27.7% | 18.6% |
| Avg | 26.9% | 16.5% | 9.3% |
| Low | 16.9% | 4.3% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.26 | 3.73 | 5.99 |
| Avg | 2.66 | 2.85 | 4.55 |
| Low | 2.26 | 2.17 | 3.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.0% | 40.1% | 110.0% |
| Avg | -19.8% | 7.1% | 59.8% |
| Low | -31.8% | -18.6% | 29.3% |
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.