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NOV Inc.NYSE:NOV Stock Report

Market Cap US$7.3b
Share Price
US$19.86
US$20.65
3.8% undervalued intrinsic discount
1Y62.0%
7D-3.1%
Portfolio Value
View

NOV Inc.

NYSE:NOV Stock Report

Market Cap: US$7.3b

NOV (NOV) Stock Overview

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. More details

NOV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends2/6

NOV Community Fair Values

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See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

NOV Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NOV
Historical stock prices
Current Share PriceUS$19.86
52 Week HighUS$20.93
52 Week LowUS$11.65
Beta0.94
1 Month Change6.37%
3 Month Change8.23%
1 Year Change61.99%
3 Year Change27.64%
5 Year Change15.13%
Change since IPO294.73%

Recent News & Updates

Recent updates

NOV: Fair Outlook As Structural Projects And Geopolitical Disruptions Shape Returns

The analyst price target for NOV has been nudged higher from $20.10 to $20.65, as analysts point to recent rounds of target increases and generally more constructive views on revenue growth, margins, and long-term industry activity. Analyst Commentary Recent Street research on NOV reflects a mix of optimism and caution, with several price target increases clustered over a short period and at least one downgrade in the same window.

NOV: Fair Outlook As Structural Oilfield Activity And Geopolitical Risks Shape Prospects

The analyst price target for NOV has shifted from $16.88 to $20.10, as analysts factor in a series of recent target increases across the Street. They cite sector previews and note that long term oilfield activity plans remain intact despite geopolitical risks.

NOV Inc.: Near-Term Middle East Headwinds Could Become A Tailwind Down The Road - Hold

Mar 27

NOV: Structural Oilfield Activity And Capital Returns Will Support Future Re Rating

Analysts have nudged NOV's price targets higher into the high teens and low $20s, citing what they see as structural demand for oilfield services and opportunities arising from geopolitical dislocations. At the same time, the model inputs around revenue growth, profit margins and future P/E remain broadly consistent with prior assumptions.

NOV: Structural Oilfield Activity And Capital Returns Will Drive Future Re Rating

Analysts have nudged their average price target on NOV higher, with several firms lifting targets into the high teens and low $20s. They point to structural oilfield activity trends and potential opportunities created by recent geopolitical dislocations.

NOV: Recent Share Price Strength Will Outrun Oilfield Project Commitments

Analysts have lifted their fair value estimate for NOV to $16.00 from $11.13. They point to updated assumptions for modest revenue growth, slightly higher profit margins, a lower discount rate, and a higher future P/E multiple, supported by a string of recent price target increases and an upgrade across the Street.

NOV's (NYSE:NOV) Conservative Accounting Might Explain Soft Earnings

Feb 12
NOV's (NYSE:NOV) Conservative Accounting Might Explain Soft Earnings

NOV: Rising Oilfield Activity And Buybacks Will Drive A Bullish Re Rating

Analysts have lifted their price target on NOV to US$23.00 from US$21.81. This reflects updated assumptions for slightly higher revenue growth, profit margins, and future P/E multiples across recent research updates.

Is NOV (NYSE:NOV) Using Too Much Debt?

Jan 26
Is NOV (NYSE:NOV) Using Too Much Debt?

NOV: Rising Oilfield Activity Will Drive A Bullish Re Rating

Analysts have lifted their price target on NOV to about US$21.81 from US$19.00, citing updated assumptions for revenue growth, profit margins, and a slightly higher future P/E multiple, supported by recent research updates across the Street. Analyst Commentary Recent Street research on NOV has skewed constructive, with several bullish analysts lifting their price targets and pointing to a more supportive setup for earnings and valuation across the oilfield services group.

NOV: Balanced Outlook As Sector Activity And Execution Risks Shape Prospects

Analysts have nudged their price targets for NOV higher, with recent moves such as US$19 to US$22, US$17 to US$20 and US$14 to US$16. This points to a modest uplift in fair value estimates supported by slightly adjusted growth, margin and P/E assumptions across the oilfield services group.

NOV: Saudi And Deepwater Upswing Will Drive A Bullish Re-Rating

Analysts have modestly increased their blended price target on NOV to $16 from $14. This reflects slightly stronger expectations for revenue growth, profit margins, and sector momentum despite some lingering caution on the shares.

We Like These Underlying Return On Capital Trends At NOV (NYSE:NOV)

Dec 17
We Like These Underlying Return On Capital Trends At NOV (NYSE:NOV)

NOV Saudi And Deepwater Upswing Will Support A Re-Rating

We lower our analyst price target for NOV to $19.00 from $19.63, reflecting analysts' slightly more conservative valuation multiple, even as they point to improving sector momentum and a healthier growth and discount rate backdrop supported by recent mixed but generally constructive target revisions on the Street. Analyst Commentary Bullish analysts continue to highlight a gradual improvement in NOV's risk reward profile, even as the range of published price targets remains relatively tight and ratings are mixed.

NOV: Sector Momentum And Market Risks Will Shape Future Performance

NOV's fair value estimate increased moderately to $16.33, up from $16.15. This change reflects analysts' views of sector momentum and recent upward price target revisions for the shares.

NOV (NYSE:NOV) Has Affirmed Its Dividend Of $0.075

Nov 23
NOV (NYSE:NOV) Has Affirmed Its Dividend Of $0.075

NOV: Outlook Will Balance Sector Momentum With Oil Market Risks

NOV’s fair value estimate has increased from $15.75 to $16.15, as analysts cite stronger expected revenue growth and sector momentum, which support an improved outlook. Analyst Commentary Analyst perspectives on NOV Inc.

A Piece Of The Puzzle Missing From NOV Inc.'s (NYSE:NOV) 25% Share Price Climb

Nov 09
A Piece Of The Puzzle Missing From NOV Inc.'s (NYSE:NOV) 25% Share Price Climb

Deepwater And Saudi Activity Will Drive Recovery Amid Sector Crosscurrents

The analyst price target for NOV has increased to $15.75 from $15.38. This change reflects improved revenue growth expectations and a stronger profit margin outlook, as analysts cite sector momentum and evolving industry dynamics.

NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 53% Above Its Share Price

Oct 27
NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 53% Above Its Share Price

Returns Are Gaining Momentum At NOV (NYSE:NOV)

Sep 13
Returns Are Gaining Momentum At NOV (NYSE:NOV)

Offshore And International Activity Will Fuel Future Energy Transformation

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.

NOV (NYSE:NOV) Seems To Use Debt Quite Sensibly

Aug 17
NOV (NYSE:NOV) Seems To Use Debt Quite Sensibly

NOV Inc.'s (NYSE:NOV) Price Is Right But Growth Is Lacking

Jul 25
NOV Inc.'s (NYSE:NOV) Price Is Right But Growth Is Lacking

NOV Inc. (NYSE:NOV) Shares Could Be 48% Below Their Intrinsic Value Estimate

Jun 16
NOV Inc. (NYSE:NOV) Shares Could Be 48% Below Their Intrinsic Value Estimate

There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

May 21
There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

NOV: The More You Dig, The Less Exciting It Is

Mar 07

NOV: Shareholder Returns Have Likely Peaked For Now

Feb 07

NOV Is A Hold As It Expects Higher Drilling Activity By 2026

Oct 30
User avatar

Offshore Expansion And AI Efficiency Drive Growth Amid Analytical Concerns And North American Market Challenges

Expansion into international and offshore markets and strategic acquisitions, like Keystone Tower Systems, diversify NOV's earnings and promise new revenue streams.

Shareholder Returns

NOVUS Energy ServicesUS Market
7D-3.1%4.1%0.6%
1Y62.0%97.1%28.7%

Return vs Industry: NOV underperformed the US Energy Services industry which returned 97.1% over the past year.

Return vs Market: NOV exceeded the US Market which returned 28.7% over the past year.

Price Volatility

Is NOV's price volatile compared to industry and market?
NOV volatility
NOV Average Weekly Movement5.0%
Energy Services Industry Average Movement7.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: NOV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NOV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186231,605Jose Bayardowww.nov.com

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; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures.

NOV Inc. Fundamentals Summary

How do NOV's earnings and revenue compare to its market cap?
NOV fundamental statistics
Market capUS$7.34b
Earnings (TTM)US$91.00m
Revenue (TTM)US$8.69b
78.3x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOV income statement (TTM)
RevenueUS$8.69b
Cost of RevenueUS$6.90b
Gross ProfitUS$1.80b
Other ExpensesUS$1.70b
EarningsUS$91.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin20.65%
Net Profit Margin1.05%
Debt/Equity Ratio27.4%

How did NOV perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
127%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 21:32
End of Day Share Price 2026/05/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NOV Inc. is covered by 53 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Daniel LebenBaird
J. David AndersonBarclays