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Offshore And International Activity Will Fuel Future Energy Transformation

Published
27 Aug 24
Updated
04 Sep 25
AnalystConsensusTarget's Fair Value
US$15.38
14.0% undervalued intrinsic discount
10 Sep
US$13.23
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1Y
-19.4%
7D
-0.9%

Author's Valuation

US$15.3814.0% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on04 Sep 25

Amid ongoing oilfield services market headwinds—such as sector deceleration, earnings estimate downgrades, and persistent oil price volatility—analysts remain cautious on NOV, maintaining a neutral outlook and an unchanged consensus price target of $15.38. Analyst Commentary Ongoing crosscurrents in the oilfield services market, with U.S. land experiencing deflation and sticky production, and international and offshore sectors showing deceleration and mixed results.

Shared on07 May 25
Fair value Decreased 16%

Shared on30 Apr 25
Fair value Increased 3.98%

AnalystConsensusTarget has increased revenue growth from 1.0% to 1.3%.

Shared on23 Apr 25
Fair value Decreased 0.62%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 5.25%

AnalystConsensusTarget has decreased revenue growth from 1.6% to 1.0%.

Shared on09 Apr 25
Fair value Decreased 1.58%

AnalystConsensusTarget has decreased revenue growth from 2.2% to 1.6% and decreased discount rate from 9.1% to 8.1%.

Shared on02 Apr 25
Fair value Increased 0.74%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 16%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Decreased 0.83%