Noble Corporation plc (NE)
NYSE: NE · Real-Time Price · USD
33.48
+0.62 (1.89%)
At close: Oct 17, 2024, 4:00 PM
33.43
-0.05 (-0.15%)
Pre-market: Oct 18, 2024, 4:17 AM EDT
Noble Corporation Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Noble Corporation stock have an average target of 52.4, with a low estimate of 40 and a high estimate of 62. The average target predicts an increase of 56.51% from the current stock price of 33.48.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NE stock from 6 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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 15, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $47 → $40 | Hold | Maintains | $47 → $40 | +19.47% | Oct 11, 2024 |
| Barclays | Barclays | Buy Maintains $55 → $54 | Buy | Maintains | $55 → $54 | +61.29% | Sep 20, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $63 → $45 | Strong Buy | Maintains | $63 → $45 | +34.41% | Sep 12, 2024 |
| Barclays | Barclays | Buy Maintains $59 → $55 | Buy | Maintains | $59 → $55 | +64.28% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
2.84B
from 2.46B
Increased by 15.16%
Revenue Next Year
3.38B
from 2.84B
Increased by 19.37%
EPS This Year
3.27
from 3.32
Decreased by -1.59%
EPS Next Year
5.23
from 3.27
Increased by 60.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 4.1B | 4.5B |
| Avg | 2.8B | 3.4B | 3.8B |
| Low | 2.6B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.0% | 43.1% | 33.4% |
| Avg | 15.2% | 19.4% | 11.9% |
| Low | 5.8% | -3.5% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.61 | 6.56 | 7.53 |
| Avg | 3.27 | 5.23 | 6.26 |
| Low | 2.76 | 3.87 | 4.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.8% | 100.9% | 43.9% |
| Avg | -1.6% | 60.1% | 19.6% |
| Low | -16.8% | 18.6% | -7.8% |
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.