Noble Corporation plc (NE)
NYSE: NE · Real-Time Price · USD
33.56
-0.24 (-0.71%)
At close: Nov 18, 2024, 4:00 PM
33.20
-0.36 (-1.07%)
Pre-market: Nov 19, 2024, 6:24 AM 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 57.93% from the current stock price of 33.56.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $40 → $38 | Hold | Maintains | $40 → $38 | +13.23% | Nov 7, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $67 → $64 | Buy | Maintains | $67 → $64 | +90.70% | Nov 7, 2024 |
| Barclays | Barclays | Buy Maintains $54 → $48 | Buy | Maintains | $54 → $48 | +43.03% | Oct 23, 2024 |
| 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 | +19.19% | Oct 11, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.0% | 35.2% | 21.1% |
| Avg | 21.9% | 24.3% | 8.3% |
| Low | 5.8% | 1.8% | -13.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.