Valaris Limited (VAL)
NYSE: VAL · IEX Real-Time Price · USD
69.20
+1.42 (2.10%)
At close: Apr 26, 2024, 4:00 PM
69.70
+0.50 (0.72%)
After-hours: Apr 26, 2024, 7:32 PM EDT
Valaris Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Valaris stock have an average target of 100, with a low estimate of 90 and a high estimate of 105. The average target predicts an increase of 44.51% from the current stock price of 69.20.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 5, 2024.
Analyst Ratings
The average analyst rating for Valaris stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $105 → $102 | Buy | Maintains | $105 → $102 | +47.40% | Mar 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $107 → $105 | Buy | Maintains | $107 → $105 | +51.73% | Feb 23, 2024 |
| Barclays | Barclays | Buy Maintains $106 → $105 | Buy | Maintains | $106 → $105 | +51.73% | Feb 14, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +30.06% | Nov 8, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +30.06% | Nov 7, 2023 |
Financial Forecast
Revenue This Year
2.33B
from 1.78B
Increased by 30.81%
Revenue Next Year
2.84B
from 2.33B
Increased by 21.72%
EPS This Year
4.19
from 11.51
Decreased by -63.62%
EPS Next Year
10.11
from 4.19
Increased by 141.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 3.2B | 4.0B |
| Avg | 2.3B | 2.8B | 3.4B |
| Low | 2.2B | 2.6B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 38.3% | 39.1% | 39.6% |
| Avg | 30.8% | 21.7% | 20.0% |
| Low | 22.2% | 11.7% | 11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.30 | 13.55 | 22.89 |
| Avg | 4.19 | 10.11 | 15.54 |
| Low | 2.67 | 7.98 | 12.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -53.9% | 223.5% | 126.5% |
| Avg | -63.6% | 141.4% | 53.8% |
| Low | -76.8% | 90.5% | 20.6% |
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.