NOV Inc. (NOV)
NYSE: NOV · Real-Time Price · USD
11.88
+0.27 (2.33%)
May 1, 2025, 4:00 PM EDT - Market closed
NOV Inc. Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for NOV Inc. stock have an average target of 18, with a low estimate of 11 and a high estimate of 23. The average target predicts an increase of 51.52% from the current stock price of 11.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOV Inc. stock from 17 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 6 | 7 | 7 | 6 | 6 | 6 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 15 | 16 | 16 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $10 → $11 | Sell | Maintains | $10 → $11 | -7.41% | May 1, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $16 | Hold | Maintains | $18 → $16 | +34.68% | May 1, 2025 |
| Barclays | Barclays | Sell Maintains $13 → $11 | Sell | Maintains | $13 → $11 | -7.41% | Apr 30, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $20 → $17 | Buy | Maintains | $20 → $17 | +43.10% | Apr 30, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +59.93% | Apr 30, 2025 |
Financial Forecast
Revenue This Year
8.86B
from 8.87B
Decreased by -0.08%
Revenue Next Year
9.02B
from 8.86B
Increased by 1.76%
EPS This Year
1.39
from 1.60
Decreased by -13.15%
EPS Next Year
1.61
from 1.39
Increased by 15.73%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.5B | 9.8B | 10.1B | ||
| Avg | 8.9B | 9.0B | 9.2B | ||
| Low | 8.1B | 7.8B | 8.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.4% | 10.2% | 11.9% | ||
| Avg | -0.1% | 1.8% | 2.3% | ||
| Low | -8.6% | -12.4% | -10.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.89 | 2.30 | 2.12 | ||
| Avg | 1.39 | 1.61 | 1.73 | ||
| Low | 1.09 | 1.06 | 1.27 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.3% | 65.5% | 31.6% | ||
| Avg | -13.2% | 15.7% | 7.7% | ||
| Low | -32.0% | -23.8% | -20.7% |
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.