Noble Corporation (NE)
NYSE: NE · IEX Real-Time Price · USD
44.61
+1.42 (3.29%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Noble Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Noble stock have an average target of 61, with a low estimate of 49 and a high estimate of 72. The average target predicts an increase of 36.74% from the current stock price of 44.61.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Noble stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $60 | Strong Buy | Reiterates | $60 | +34.50% | Jun 11, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $51 → $49 | Hold | Maintains | $51 → $49 | +9.84% | May 8, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $44 → $51 | Hold | Maintains | $44 → $51 | +14.32% | Apr 8, 2024 |
| Barclays | Barclays | Buy Maintains $61 → $59 | Buy | Maintains | $61 → $59 | +32.26% | Mar 5, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $52 → $44 | Hold | Maintains | $52 → $44 | -1.37% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
2.92B
from 2.59B
Increased by 12.90%
Revenue Next Year
2.74B
from 2.92B
Decreased by -6.26%
EPS This Year
5.89
from 3.32
Increased by 77.29%
EPS Next Year
3.28
from 5.89
Decreased by -44.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.3B | 3.5B |
| Avg | 2.7B | 3.1B | 3.4B |
| Low | 2.5B | 2.8B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.3% | 21.8% | 12.1% |
| Avg | 5.8% | 13.7% | 10.0% |
| Low | -2.9% | 1.9% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.65 | 6.56 | 8.79 |
| Avg | 3.28 | 5.48 | 7.09 |
| Low | 2.86 | 4.65 | 5.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1% | 100.2% | 60.4% |
| Avg | -1.3% | 67.1% | 29.4% |
| Low | -13.9% | 41.7% | -0.4% |
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.