NOV Inc. (NOV)
| Market Cap | 6.91B +47.0% |
| Revenue (ttm) | 8.69B -1.4% |
| Net Income | 91.00M -84.6% |
| EPS | 0.25 -83.5% |
| Shares Out | 358.89M |
| PE Ratio | 77.74 |
| Forward PE | 18.92 |
| Dividend | $0.36 (1.87%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 3,093,579 |
| Open | 19.48 |
| Previous Close | 19.30 |
| Day's Range | 19.14 - 19.61 |
| 52-Week Range | 11.65 - 20.93 |
| Beta | 0.92 |
| Analysts | Hold |
| Price Target | 19.53 (+1.46%) |
| Earnings Date | Apr 27, 2026 |
About NOV
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; elect... [Read more]
Financial Performance
In 2025, NOV Inc.'s revenue was $8.74 billion, a decrease of -1.42% compared to the previous year's $8.87 billion. Earnings were $145.00 million, a decrease of -77.17%.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for NOV stock is "Hold." The 12-month stock price target is $19.53, which is an increase of 1.46% from the latest price.
News
NOV Inc. downgraded to Underweight from Equal Weight at Barclays
Barclays analyst J. David Anderson downgraded NOV Inc. (NOV) to Underweight from Equal Weight with a price target of $21, up from $20. The firm adjusted ratings and price targets
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.
NOV Inc. price target raised to $22 from $19 at Evercore ISI
Evercore ISI raised the firm’s price target on NOV Inc. (NOV) to $22 from $19 and keeps an In Line rating on the shares.
NOV Inc. price target raised to $22 from $21 at RBC Capital
RBC Capital analyst Keith Mackey raised the firm’s price target on NOV Inc. (NOV) to $22 from $21 and keeps a Sector Perform rating on the shares after its Q1
NOV Inc. price target raised to $24 from $22 at Susquehanna
Susquehanna raised the firm’s price target on NOV Inc. (NOV) to $24 from $22 and keeps a Positive rating on the shares. The firm updated its model following Q1 results
NOV Inc. Earnings Call Transcript: Q1 2026
First quarter 2026 saw revenue of $2.05B and net income of $19M, with significant disruption from the Middle East conflict impacting results. Strong offshore and international demand, record bookings in key segments, and a constructive long-term outlook support expectations for margin and earnings growth as market conditions improve.
NOV Inc. reports Q1 EPS 5c, consensus 15c
Reports Q1 revenue $2.05B, consensus $2.05B. “The conflict in the Middle East created significant operational disruptions during the first quarter, but also reinforced and accelerated market trends th...
NOV Inc. sees Q2 revenue down 4%-6% y/y
For the second quarter of 2026 management expects year-over-year consolidated revenues to decline 4%-6%, consensus $2.09B, with adjusted EBITDA expected to be between $185M-$215M.
NOV Reports First Quarter 2026 Earnings
*Free Cash Flow, Excess Free Cash Flow, Adjusted Operating Profit, and Adjusted EBITDA are non-GAAP measures, see “Non-GAAP Financial Measures,” and “Reconciliation of GAAP to non-GAAP measures” below...
NOV Inc. sees Q1 revenue, earnings below prior guidance
On a consolidated basis, the company currently expects to report revenues of $2.05B, operating profit of $47M, and Adjusted EBITDA of $177M. Revenue consensus is $2.06B. “The conflict in the
NOV Provides Operational Update for First Quarter 2026
HOUSTON, April 15, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that operational disruptions resulting from the war in the Middle East will cause first quarter 2026 revenue and earnin...
NOV Inc. price target raised to $20 from $18 at Morgan Stanley
Morgan Stanley raised the firm’s price target on NOV Inc. (NOV) to $20 from $18 and keeps an Equal Weight rating on the shares. Beyond the Middle East disruption, the
NOV Inc. downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Keith Mackey downgraded NOV Inc. (NOV) to Sector Perform from Outperform with an unchanged price target of $21. The firm sees a less compelling risk/reward opportunity at
NOV Inc. price target raised to $22 from $21 at Susquehanna
Susquehanna raised the firm’s price target on NOV Inc. (NOV) to $22 from $21 and keeps a Positive rating on the shares. The firm adjusted targets in oilfield services as
NOV Inc. to double capacity of Acu subsea flexible pipe manufacturing facility
NOV Inc. (NOV) announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Acu, Brazil, through a $200M investment over the next three years. “We
NOV Announces Expansion of Subsea Flexible Pipe Manufacturing Capacity to Support Growing Demand
HOUSTON, March 25, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) today announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, through a $200 ...
NOV Appoints Sanjay Chowbey, President & CEO of Kennametal Inc., to the Board of Directors
HOUSTON, March 17, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that Sanjay Chowbey has been appointed to the Company's Board of Directors (the “Board”), effective March 17, 2026. “We...
NOV Announces First Quarter 2026 Earnings Conference Call
HOUSTON, March 16, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its first quarter 2026 results on Tuesday, April 28, 2026, at 10 a.m. (Central Time).
NOV Inc. price target raised to $20 from $17 at Goldman Sachs
Goldman Sachs analyst Ati Modak raised the firm’s price target on NOV Inc. (NOV) to $20 from $17 and keeps a Sell rating on the shares. While geopolitical risks could
NOV Inc. raises quarterly dividend 20% to 9c per share
NOV Inc. (NOV) announced that its Board of Directors voted to increase its regular quarterly cash dividend by 20% to 9c per share of common stock. The quarterly dividend is
NOV Announces 20 Percent Increase in Regular Quarterly Dividend
HOUSTON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors voted to increase its regular quarterly cash dividend by 20 percent to $0.09 per share of co...
NOV Inc. price target raised to $20 from $17 at Citi
Citi raised the firm’s price target on NOV Inc. (NOV) to $20 from $17 and keeps a Neutral rating on the shares.
NOV Inc. price target raised to $20 from $19 at BMO Capital
BMO Capital raised the firm’s price target on NOV Inc. (NOV) to $20 from $19 and keeps a Market Perform rating on the shares. The company’s Q4 results were positive,
NOV Inc. price target raised to $18 from $17 at Piper Sandler
Piper Sandler analyst Derek Podhaizer raised the firm’s price target on NOV Inc. (NOV) to $18 from $17 and keeps a Neutral rating on the shares. Despite an impressive 9%
NOV Inc. price target raised to $23 from $22 at TD Cowen
TD Cowen raised the firm’s price target on NOV Inc. (NOV) to $23 from $22 and keeps a Buy rating on the shares. The firm updated its model following Q4