NOV Inc. (NOV)
NYSE: NOV · Real-Time Price · USD
14.96
+0.61 (4.25%)
Mar 7, 2025, 4:00 PM EST - Market closed
NOV Inc. Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for NOV Inc. stock have an average target of 19.6, with a low estimate of 13 and a high estimate of 24. The average target predicts an increase of 31.02% from the current stock price of 14.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOV Inc. stock from 16 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 4 | 5 | 6 | 7 | 7 | 7 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $12 → $13 | Sell | Maintains | $12 → $13 | -13.10% | Feb 18, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +20.32% | Feb 10, 2025 |
| Raymond James | Raymond James | Buy Maintains $18 → $19 | Buy | Maintains | $18 → $19 | +27.01% | Feb 6, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +47.06% | Feb 6, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $25 → $18 | Buy → Hold | Downgrades | $25 → $18 | +20.32% | Jan 15, 2025 |
Financial Forecast
Revenue This Year
8.90B
from 8.87B
Increased by 0.35%
Revenue Next Year
9.18B
from 8.90B
Increased by 3.17%
EPS This Year
1.41
from 1.60
Decreased by -12.11%
EPS Next Year
1.68
from 1.41
Increased by 19.63%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.4B | 9.8B | 10.2B | ||
| Avg | 8.9B | 9.2B | 9.7B | ||
| Low | 8.5B | 8.8B | 9.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.5% | 9.8% | 10.9% | ||
| Avg | 0.3% | 3.2% | 5.4% | ||
| Low | -3.7% | -1.5% | 1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.55 | 2.71 | 2.03 | ||
| Avg | 1.41 | 1.68 | 1.84 | ||
| Low | 1.23 | 1.44 | 1.71 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -2.9% | 92.6% | 20.5% | ||
| Avg | -12.1% | 19.6% | 9.2% | ||
| Low | -23.4% | 2.4% | 1.7% |
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.