Research Analysts Offer Predictions for NOV FY2025 Earnings

NOV Inc. (NYSE:NOV) – Research analysts at Zacks Research lowered their FY2025 earnings per share (EPS) estimates for shares of NOV in a note issued to investors on Monday, November 17th. Zacks Research analyst Team now forecasts that the oil and gas exploration company will post earnings per share of $0.82 for the year, down from their prior forecast of $0.94. Zacks Research has a “Hold” rating on the stock. The consensus estimate for NOV’s current full-year earnings is $1.40 per share. Zacks Research also issued estimates for NOV’s Q1 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.27 EPS, Q3 2027 earnings at $0.26 EPS and FY2027 earnings at $1.25 EPS.

NOV (NYSE:NOV) last announced its earnings results on Tuesday, October 28th. The oil and gas exploration company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.13). NOV had a net margin of 4.36% and a return on equity of 5.89%. The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same period last year, the business earned $0.33 earnings per share.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings restated a “hold (c-)” rating on shares of NOV in a research note on Wednesday, October 8th. Royal Bank Of Canada upped their price objective on NOV from $17.00 to $19.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Raymond James Financial reiterated an “outperform” rating and issued a $17.00 target price on shares of NOV in a research report on Tuesday, October 28th. The Goldman Sachs Group boosted their price target on NOV from $12.00 to $14.00 and gave the company a “sell” rating in a report on Wednesday, November 5th. Finally, Susquehanna set a $17.00 price objective on NOV and gave the stock a “positive” rating in a research note on Wednesday, July 30th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $15.54.

NOV Trading Up 2.0%

NOV opened at $15.33 on Wednesday. NOV has a 12-month low of $10.84 and a 12-month high of $16.84. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.55 and a quick ratio of 1.72. The stock has a market capitalization of $5.59 billion, a PE ratio of 15.33, a P/E/G ratio of 4.73 and a beta of 1.25. The firm’s fifty day moving average price is $13.83 and its 200 day moving average price is $13.18.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System grew its holdings in shares of NOV by 0.6% during the third quarter. Arizona State Retirement System now owns 111,185 shares of the oil and gas exploration company’s stock valued at $1,473,000 after buying an additional 678 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in NOV by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 116,720 shares of the oil and gas exploration company’s stock worth $1,547,000 after acquiring an additional 724 shares in the last quarter. Quadrant Capital Group LLC boosted its position in NOV by 2.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 29,023 shares of the oil and gas exploration company’s stock worth $385,000 after acquiring an additional 743 shares during the period. Truist Financial Corp grew its stake in NOV by 7.6% during the 3rd quarter. Truist Financial Corp now owns 11,759 shares of the oil and gas exploration company’s stock valued at $156,000 after acquiring an additional 827 shares in the last quarter. Finally, NorthRock Partners LLC increased its holdings in shares of NOV by 8.2% in the 3rd quarter. NorthRock Partners LLC now owns 11,282 shares of the oil and gas exploration company’s stock valued at $149,000 after purchasing an additional 854 shares during the period. 93.27% of the stock is currently owned by institutional investors.

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 through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.