Valaris Limited (VAL)
NYSE: VAL · IEX Real-Time Price · USD
73.49
+1.63 (2.27%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Valaris Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Valaris stock have an average target of 99.6, with a low estimate of 90 and a high estimate of 105. The average target predicts an increase of 35.53% from the current stock price of 73.49.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Valaris stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 2 | 2 | 2 | 3 | 3 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $102 → $98 | Buy | Maintains | $102 → $98 | +33.35% | May 10, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +22.47% | May 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +22.47% | May 2, 2024 |
| Barclays | Barclays | Buy Maintains $105 → $102 | Buy | Maintains | $105 → $102 | +38.79% | Mar 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $107 → $105 | Buy | Maintains | $107 → $105 | +42.88% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
2.35B
from 1.78B
Increased by 31.77%
Revenue Next Year
2.85B
from 2.35B
Increased by 21.01%
EPS This Year
4.31
from 11.51
Decreased by -62.53%
EPS Next Year
9.90
from 4.31
Increased by 129.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 3.1B | 3.7B |
| Avg | 2.4B | 2.8B | 3.4B |
| Low | 2.2B | 2.6B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 39.8% | 31.2% | 29.9% |
| Avg | 31.8% | 21.0% | 18.4% |
| Low | 24.5% | 10.8% | 11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.09 | 12.60 | 19.95 |
| Avg | 4.31 | 9.90 | 14.85 |
| Low | 2.74 | 7.59 | 11.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -55.8% | 192.2% | 101.6% |
| Avg | -62.5% | 129.5% | 50.0% |
| Low | -76.2% | 75.9% | 19.2% |
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.