Borr Drilling (BORR) to Release Quarterly Earnings on Tuesday

Borr Drilling (NYSE:BORR) will likely be announcing its Q2 2026 results after the market closes on Tuesday, August 11th. Analysts expect Borr Drilling to announce earnings of ($0.11) per share and revenue of $246.8260 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 9:00 AM ET.

Borr Drilling (NYSE:BORR) last announced its quarterly earnings data on Wednesday, May 20th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.07). The company had revenue of $247.00 million for the quarter, compared to analysts’ expectations of $253.35 million. Borr Drilling had a net margin of 3.13% and a return on equity of 2.88%. On average, analysts expect Borr Drilling to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Borr Drilling Stock Up 3.2%

Borr Drilling stock traded up $0.12 during trading hours on Tuesday, hitting $4.05. The company had a trading volume of 2,743,001 shares, compared to its average volume of 7,065,856. Borr Drilling has a fifty-two week low of $2.00 and a fifty-two week high of $6.66. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a market capitalization of $1.28 billion, a P/E ratio of 27.03 and a beta of 1.02. The firm’s fifty day moving average is $4.45 and its 200-day moving average is $5.13.

Wall Street Analysts Forecast Growth

BORR has been the topic of several research analyst reports. Capital One Financial set a $6.00 price target on shares of Borr Drilling and gave the company an “overweight” rating in a report on Wednesday, July 1st. Zacks Research raised Borr Drilling to a “hold” rating in a research report on Thursday, July 2nd. Weiss Ratings restated a “sell (d+)” rating on shares of Borr Drilling in a research note on Wednesday, June 24th. Wall Street Zen lowered Borr Drilling from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Finally, Fearnley Fonds raised Borr Drilling from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $4.88.

Insider Buying and Selling

In other Borr Drilling news, Director Thiago Mordehachvili sold 8,000,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $4.70, for a total transaction of $37,600,000.00. Following the transaction, the director directly owned 38,199,677 shares of the company’s stock, valued at $179,538,481.90. This represents a 17.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 7.90% of the stock is owned by insiders.

Institutional Trading of Borr Drilling

Several large investors have recently made changes to their positions in BORR. Caitong International Asset Management Co. Ltd increased its holdings in shares of Borr Drilling by 2,837.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,811 shares of the company’s stock valued at $40,000 after acquiring an additional 9,477 shares during the last quarter. Oxford Asset Management LLP acquired a new position in Borr Drilling during the second quarter valued at approximately $43,000. Abel Hall LLC acquired a new position in Borr Drilling during the third quarter valued at approximately $43,000. Inspire Advisors LLC bought a new position in shares of Borr Drilling in the fourth quarter valued at approximately $44,000. Finally, Focus Partners Wealth bought a new position in shares of Borr Drilling in the third quarter valued at approximately $45,000. Institutional investors own 83.12% of the company’s stock.

About Borr Drilling

Borr Drilling is an international offshore drilling contractor providing premium jack-up drilling services to the oil and gas industry. Established in 2016 and incorporated in Bermuda with headquarters in Hamilton, the company is listed on the New York Stock Exchange under the ticker symbol BORR. Borr Drilling focuses exclusively on the ownership and operation of mobile offshore jack-up rigs, catering to exploration and production drilling projects in both mature and emerging hydrocarbon regions.

The company’s core business activities encompass the long-term contracting of high-specification jack-up rigs suitable for shallow-to-intermediate water depths.