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NOV Inc.NYSE:NOV Stock Report

Market Cap US$5.3b
Share Price
US$14.60
My Fair Value
n/a
1Y-5.1%
7D4.7%
Portfolio Value
​
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NOV Inc.

NYSE:NOV Stock Report

Market Cap: US$5.3b

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
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 39.6% below our estimate of its fair value

Earnings are forecast to grow 9.55% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Profit margins (4.4%) are lower than last year (12%)


NOV Community Fair Values

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See what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.

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NOV

Decarbonization Will Crush Oilfield Order Volumes

Key Takeaways Heavy reliance on traditional oil and gas exposes NOV to declining demand, revenue instability, and intensified competition amid industry transition and consolidation. Failure to diversify leaves NOV vulnerable to technological disruption, increasing ESG pressures, and rising capital costs, threatening profitability and long-term viability.
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US$11.13
FV
31.2% overvalued intrinsic discount
-1.06%
Revenue growth p.a.
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0users have followed this narrative
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NOV

Deepwater And Saudi Activity Will Drive Recovery Amid Sector Crosscurrents

Key Takeaways Offshore energy expansion and global resource development are set to boost NOV's technology sales, supporting broad-based revenue and market share growth. Focus on automation, digital solutions, and cost optimizations is expected to drive sustained profitability and higher recurring earnings.
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US$15.75
FV
7.3% undervalued intrinsic discount
1.19%
Revenue growth p.a.
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11users have followed this narrative
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NOV

Digital And Renewable Trends Will Expand Market Opportunity

Key Takeaways Rapid digital adoption and offshore energy investments could drive significant margin expansion, recurring revenues, and outsized earnings growth beyond current expectations. Strategic moves in renewables, restructuring, and international markets position NOV for resilient top-line growth and long-term market leadership.
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US$19.63
FV
25.6% undervalued intrinsic discount
1.92%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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NOV Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NOV
Historical stock prices
Current Share PriceUS$14.60
52 Week HighUS$16.86
52 Week LowUS$10.84
Beta1.26
1 Month Change6.57%
3 Month Change19.38%
1 Year Change-5.13%
3 Year Change-39.01%
5 Year Change27.40%
Change since IPO190.19%

Recent News & Updates

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

NOV Inc.: Sound Company But Headwinds Are Mounting

Sep 30

Recent updates

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

NOV Inc.: Sound Company But Headwinds Are Mounting

Sep 30

Returns Are Gaining Momentum At NOV (NYSE:NOV)

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

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

There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

Mar 25
There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

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

Mar 07

Does NOV (NYSE:NOV) Have A Healthy Balance Sheet?

Feb 21
Does NOV (NYSE:NOV) Have A Healthy Balance Sheet?

NOV: Shareholder Returns Have Likely Peaked For Now

Feb 07

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

Jan 15
There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 80% Above Its Share Price

Dec 31
NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 80% Above Its Share Price

There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

Dec 16
There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt

Nov 10
We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt

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.

NOV: A Top Oil And Gas Services Pick Under Quiet Accumulation

Jul 09

NOV: Energy Supplier Sees Some Energy Itself

Apr 15

NOV's Selloff On Last Week's Events Is Likely Overdone, But Wait For The Dust To Settle

Feb 05

Shareholder Returns

NOVUS Energy ServicesUS Market
7D4.7%2.0%-0.2%
1Y-5.1%4.5%20.3%

Return vs Industry: NOV underperformed the US Energy Services industry which returned 4.5% over the past year.

Return vs Market: NOV underperformed the US Market which returned 20.3% over the past year.

Price Volatility

Is NOV's price volatile compared to industry and market?
NOV volatility
NOV Average Weekly Movement5.3%
Energy Services Industry Average Movement6.9%
Market Average Movement6.4%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.0%

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
186234,010Clay Williamswww.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 company provides solids control and waste management equipment and services; managed pressure drilling, wired drill pipe, and tubular inspection and coating services; precision-engineered drill pipe and drill-stem equipment; integral thread solutions; and integral and weld-on connectors, drilling fluids, completion and downhole tools, and drill bits, as well as data and digital solutions.

NOV Inc. Fundamentals Summary

How do NOV's earnings and revenue compare to its market cap?
NOV fundamental statistics
Market capUS$5.33b
Earnings (TTM)US$383.00m
Revenue (TTM)US$8.78b
13.9x
P/E Ratio
0.6x
P/S Ratio

Is NOV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOV income statement (TTM)
RevenueUS$8.78b
Cost of RevenueUS$6.87b
Gross ProfitUS$1.91b
Other ExpensesUS$1.53b
EarningsUS$383.00m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin21.74%
Net Profit Margin4.36%
Debt/Equity Ratio26.5%

How did NOV perform over the long term?

See historical performance and comparison

Dividends

2.1%
Current Dividend Yield
30%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/03 09:00
End of Day Share Price 2025/10/31 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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 55 analysts. 18 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