NOV Inc. Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, NOV Inc. stock has a consensus rating of "Hold" and an average price target of $22.24. The average 1-year stock price forecast is 5.40% higher than the current stock price, while the lowest is $17 (-19.43%) and the highest is $26 (+23.22%).

Price Target: $22.24 (+5.40%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$17	$22.24	$22	$26
Change	-19.43%	+5.40%	+4.27%	+23.22%

Analyst Ratings

The average analyst rating for NOV Inc. stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	5	5	6	6	5	5
Buy	2	2	2	3	3	3
Hold	12	11	11	10	10	10
Sell	1	2	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	21	21	21	21	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joe Laetsch Morgan Stanley	Morgan Stanley	Hold Reiterates $21	Hold	Reiterates	$21	-0.47%	Aug 20, 2026
Saurabh Pant Bank of America Securities	Bank of America Securities	Buy Reiterates $23 → $24	Buy	Reiterates	$23 → $24	+13.74%	Aug 20, 2026
David Anderson Barclays	Barclays	Sell Maintains $21 → $20	Sell	Maintains	$21 → $20	-5.21%	Jul 31, 2026
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $22 → $24	Buy	Maintains	$22 → $24	+13.74%	Jul 30, 2026
Jason Bandel Evercore ISI	Evercore ISI	Hold Maintains $22	Hold	Maintains	$22	+4.27%	Jul 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.66B

from 8.74B

-0.95%

from 8.74B

Revenue Next Year

9.09B

from 8.66B

4.92%

from 8.66B

EPS This Year

0.93

from 0.25

275.23%

from 0.25

EPS Next Year

1.28

from 0.93

37.76%

from 0.93

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.52B	7.24B	8.58B	8.87B	8.74B	8.66B
Revenue Growth	-9.29%	31.01%	18.60%	3.34%	-1.42%	-0.95%
Gross Profit	774.00M	1.40B	1.84B	2.03B	1.86B	2.04B
Gross Margin	14.01%	19.30%	21.47%	22.89%	21.31%	23.50%
Operating Income	-134.00M	378.00M	702.00M	897.00M	677.00M	610.47M
Net Income	-250.00M	155.00M	993.00M	635.00M	145.00M	328.83M
EPS	-	-	-	-	0.25	0.93
EPS Growth	-	-	-	-	-84.52%	275.23%
Forward PE	133.89	20.54	12.42	10.68	14.93	22.71
Dividend / Share	0.05	0.20	0.20	0.28	0.30	0.39
Dividend Growth	-	300.00%	-	37.50%	9.09%	28.89%
Free Cash Flow	306.13M	-240.50M	-140.25M	929.75M	754.13M	442.97M
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	8.7B
Avg	8.7B
Low	8.3B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	0.0%
Avg	-0.9%
Low	-4.7%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.09
Avg	0.93
Low	0.83

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	339.8%
Avg	275.2%
Low	235.2%