NOV Inc. (NOV)
NYSE: NOV · Real-Time Price · USD
12.19
-0.35 (-2.79%)
At close: May 21, 2025, 4:00 PM
12.19
0.00 (0.00%)
Pre-market: May 22, 2025, 7:47 AM EDT
NOV Inc. Stock Forecast
Stock Price Forecast
According to 16 professional analysts, the 12-month price target for NOV Inc. stock ranges from a low of $11 to a high of $23. The average analyst price target of $17.5 forecasts a 43.56% increase in the stock price over the next year.
Price Target: $17.50 (+43.56%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOV Inc. stock 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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $18 → $15 | Buy | Maintains | $18 → $15 | +23.05% | May 16, 2025 |
| Wells Fargo | Wells Fargo | Sell Maintains $10 → $11 | Sell | Maintains | $10 → $11 | -9.76% | May 1, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $16 | Hold | Maintains | $18 → $16 | +31.26% | May 1, 2025 |
| Barclays | Barclays | Sell Maintains $13 → $11 | Sell | Maintains | $13 → $11 | -9.76% | Apr 30, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $20 → $17 | Buy | Maintains | $20 → $17 | +39.46% | Apr 30, 2025 |
Financial Forecast
Revenue This Year
8.67B
from 8.87B
Decreased by -2.24%
Revenue Next Year
8.76B
from 8.67B
Increased by 1.05%
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 | 9.4B | 9.8B | 9.8B | ||
| Avg | 8.7B | 8.8B | 8.9B | ||
| Low | 8.2B | 7.5B | 7.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.5% | 12.7% | 11.8% | ||
| Avg | -2.2% | 1.0% | 1.6% | ||
| Low | -7.7% | -13.2% | -10.8% |
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.