Noble Corporation plc (NE)
NYSE: NE · Real-Time Price · USD
34.61
-0.47 (-1.34%)
At close: Nov 13, 2024, 4:00 PM
34.95
+0.34 (0.98%)
After-hours: Nov 13, 2024, 7:26 PM EST

Noble Corporation Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Noble Corporation stock have an average target of 53, with a low estimate of 38 and a high estimate of 64. The average target predicts an increase of 53.13% from the current stock price of 34.61.

Analyst Consensus: Buy
Target Low Average Median High
Price $38 $53 $61 $64
Change +9.79% +53.13% +76.25% +84.92%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 322211
Buy 333334
Hold 111122
Sell 000000
Strong Sell 000000
Total 766667

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Susquehanna
Susquehanna
Hold
Maintains
$40$38
Hold Maintains $40$38 +9.79% Nov 7, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$67$64
Buy Maintains $67$64 +84.92% Nov 7, 2024
Barclays
Barclays
Buy
Maintains
$54$48
Buy Maintains $54$48 +38.69% Oct 23, 2024
Benchmark
Benchmark
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 15, 2024
Susquehanna
Susquehanna
Hold
Maintains
$47$40
Hold Maintains $47$40 +15.57% Oct 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.00B
from 2.46B
Increased by 21.87%
Revenue Next Year
3.73B
from 3.00B
Increased by 24.30%
EPS This Year
2.97
from 3.32
Decreased by -10.40%
EPS Next Year
3.70
from 2.97
Increased by 24.49%
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
1.25B909.24M782.18M1.33B2.46B3.00B3.73B4.04B
Revenue Growth
20.27%-27.03%-13.97%70.40%84.70%21.87%24.30%8.31%
EPS
-2.81-15.864.081.733.322.973.705.29
EPS Growth
----57.63%91.91%-10.40%24.49%42.75%
Forward PE
-----11.639.356.55
No. Analysts -----161615
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 3.2B 4.1B 4.5B
Avg 3.0B 3.7B 4.0B
Low 2.6B 3.1B 3.2B

Revenue Growth

Revenue Growth 202420252026
High
30.0%
35.2%
21.1%
Avg
21.9%
24.3%
8.3%
Low
5.8%
1.8%
-13.3%

EPS Forecast

EPS 202420252026
High 3.56 5.74 6.48
Avg 2.97 3.70 5.29
Low 2.40 2.53 3.68

EPS Growth

EPS Growth 202420252026
High
7.2%
93.1%
74.9%
Avg
-10.4%
24.5%
42.7%
Low
-27.7%
-15.0%
-0.5%
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.