NOV

NOV Inc.

$0.00

-0.74%
Apr 2, 2026
Bobby Quantitative Model
NOV Inc. is a global provider of equipment and components for the oil and gas industry. It is a major player in oilfield services, defined by its comprehensive product portfolio and extensive international operations.

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NOV 12-Month Price Forecast

Historical Price
Current Price $18.67
Average Target $18.67
High Target $21.4705
Low Target $15.8695

Wall Street consensus

Most Wall Street analysts maintain a constructive view on NOV Inc.'s 12-month outlook, with a consensus price target around $0.00 and implied upside of — versus the current price.

Average Target

$0.00

3 analysts

Implied Upside

vs. current price

Analyst Count

3

covering this stock

Price Range

$0 - $0

Analyst target range

Buy
0 (0%)
Hold
1 (33%)
Sell
2 (67%)

Analyst coverage for NOV appears limited, with only three analysts providing estimates. The consensus estimates for the company are an average EPS of $1.88 and average revenue of $9.53 billion. Specific consensus price targets and a detailed ratings distribution are not available in the provided data. Recent institutional actions show a mix of opinions, including upgrades (Barclays to Equal Weight), reiterations of Buy (Stifel, TD Cowen), and Sell or Neutral ratings from other firms.

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NOV Technical Analysis

The stock has demonstrated a strong overall uptrend over the last six months, rising 42.2% from a close of $13.23 on October 2, 2025, to $18.81 on March 31, 2026. This performance significantly outpaced the broader market, as indicated by a 6-month relative strength of 45.0. Short-term performance shows recent volatility; the stock declined 7.2% over the past month but remains up 20.3% over the last three months, again outperforming the market with a 3-month relative strength of 25.0. The current price of $18.81 sits near the upper end of its 52-week range of $10.84 to $20.86, approximately 10% below the yearly high. The stock's beta of 0.93 suggests it has been slightly less volatile than the market during this period.

Beta

0.93

0.93x market volatility

Max Drawdown

-28.1%

Largest decline past year

52-Week Range

$11-$21

Price range past year

Annual Return

+21.2%

Cumulative gain past year

PeriodNOV ReturnS&P 500
1m-6.8%-3.7%
3m+19.4%-4.1%
6m+36.3%-2.1%
1y+21.2%+16.1%
ytd+13.8%-3.9%

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NOV Fundamental Analysis

Revenue and profitability have been mixed. The most recent quarterly revenue of $2.28 billion for Q4 2025 showed a slight year-over-year decline of 1.3%. Profitability was weak in Q4, with a net loss of $78 million (net margin of -3.4%), a significant reversal from a net income of $42 million (net margin of 1.9%) in the prior quarter. The company maintains a strong financial position with a healthy current ratio of 2.42 and a moderate debt-to-equity ratio of 0.37. Cash flow generation is robust, with trailing twelve-month free cash flow of $876 million and positive operating cash flow of $573 million in the latest quarter. Operational efficiency metrics are currently subdued, with a Return on Equity (ROE) of 2.3% and a Return on Assets (ROA) of 3.7%, reflecting the recent quarterly challenges.

Quarterly Revenue

$2.3B

2025-12

Revenue YoY Growth

-0.01%

YoY Comparison

Gross Margin

+0.20%

Latest Quarter

Free Cash Flow

$876000000.0B

Last 12 Months

Revenue & Net Income Trends (2 Years)

Revenue Breakdown

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Valuation Analysis: Is NOV Overvalued?

Given the company reported a net loss in the latest quarter, the trailing P/E ratio of 40.1 is not meaningful. Therefore, the Price-to-Sales (P/S) ratio of 0.66 and the Enterprise Value-to-Sales (EV/Sales) ratio of 0.87 are more appropriate valuation metrics. These multiples suggest the market is valuing the company at a discount relative to its sales. A peer comparison for these specific multiples is not available in the provided data. The forward P/E of 14.8, based on analyst estimates, indicates expectations for a significant recovery in profitability.

PE

40.1x

Latest Quarter

vs. Historical

High-End

5-Year PE Range -55x~49x

vs. Industry Avg

N/A

Industry PE ~N/A*

EV/EBITDA

8.1x

Enterprise Value Multiple

Investment Risk Disclosure