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Diamond Offshore Drilling - DO Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $20.33
  • Forecasted Upside: 56.29%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$13.01 As of 04/25/2024 01:00 AM ET
▼ -0.15 (-1.14%)
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Analyst Price Target for DO

Analyst Price Target is $20.33
▲ +56.29% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Diamond Offshore Drilling in the last 3 months. The average price target is $20.33, with a high forecast of $21.00 and a low forecast of $20.00. The average price target represents a 56.29% upside from the last price of $13.01.

This chart shows the closing price for DO for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

The current consensus among 3 polled investment analysts is to buy stock in Diamond Offshore Drilling. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/5/2024BarclaysLower TargetOverweight ➝ Overweight$23.00 ➝ $21.00N/A
11/28/2023Capital One FinancialInitiated CoverageOverweight$20.00N/A
9/5/2023BTIG ResearchInitiated CoverageBuy$20.00N/A
3/3/2023BarclaysLower Target$21.00 ➝ $20.00N/A
2/16/2023BarclaysInitiated CoverageOverweightN/A
4/21/2020Royal Bank of CanadaDowngradeSector Perform ➝ UnderperformMedium
4/6/2020Royal Bank of CanadaReiterated RatingHold$3.00High
3/23/2020CitigroupLower TargetSell$3.50 ➝ $0.90High
3/19/2020BarclaysDowngradeOverweight ➝ Equal Weight$6.00 ➝ $2.00Medium
3/18/2020Royal Bank of CanadaReiterated RatingHold$4.50High
3/17/2020Evercore ISIDowngradeHoldHigh
3/17/2020Capital One FinancialDowngradeEqual Weight ➝ UnderweightHigh
3/16/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$6.50 ➝ $3.00High
3/13/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$5.00 ➝ $1.00High
3/11/2020Tudor PickeringDowngradeBuy ➝ HoldHigh
2/11/2020BarclaysReiterated RatingBuy$6.00High
2/10/2020CfraLower TargetSell$5.00 ➝ $3.50Low
12/6/2019HSBCDowngradeBuy ➝ Hold$5.70High
10/24/2019Nordea Equity ResearchUpgradeSell ➝ HoldMedium
10/21/2019Fearnley FondsDowngradeBuy ➝ Hold$6.00High
10/7/2019Morgan StanleyLower TargetUnderweight$10.00 ➝ $7.00High
9/25/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$11.00 ➝ $10.00High
9/23/2019CitigroupBoost TargetSell$4.00 ➝ $5.00High
9/9/2019Pareto SecuritiesDowngradeBuy ➝ Hold$13.50 ➝ $6.30High
8/28/2019Bank of AmericaLower TargetUnderperform$5.00 ➝ $3.50High
8/26/2019ScotiabankSet TargetHold$7.00Low
8/9/2019UBS GroupSet TargetBuy$11.00High
7/19/2019Susquehanna BancsharesSet TargetHold$9.00N/A
7/15/2019HSBCSet TargetBuy$11.00High
7/15/2019Morgan StanleySet TargetSell$10.00High
7/11/2019Piper Sandler CompaniesSet TargetHold$8.00Medium
6/26/2019UBS GroupSet TargetBuy$12.00Low
6/18/2019SEB EquitiesUpgradeSell ➝ Hold$10.00 ➝ $7.70Low
6/14/2019CitigroupSet TargetSell$5.00High
6/13/2019Tudor PickeringUpgradeHold ➝ BuyHigh
6/10/2019Bank of AmericaInitiated CoverageUnderperform$5.00Medium
5/22/2019Piper Sandler CompaniesUpgradeUnderweight ➝ Neutral$9.40 ➝ $8.75Medium
5/17/2019CitigroupSet TargetSell$8.00Low
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.22 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 1 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/26/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Diamond Offshore Drilling logo
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2021, the company operated a fleet of 12 offshore drilling rigs, including four drillships and eight semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas.
Read More

Today's Range

Now: $13.01
Low: $12.83
High: $13.13

50 Day Range

MA: $0.93
Low: $0.73
High: $0.94

52 Week Range

Now: $13.01
Low: $0.67
High: $11.41

Volume

997,602 shs

Average Volume

1,289,811 shs

Market Capitalization

$1.33 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.28

Frequently Asked Questions

What sell-side analysts currently cover shares of Diamond Offshore Drilling?

The following Wall Street analysts have issued reports on Diamond Offshore Drilling in the last year: Barclays PLC, BTIG Research, Capital One Financial Co., StockNews.com, and TheStreet.
View the latest analyst ratings for DO.

What is the current price target for Diamond Offshore Drilling?

3 Wall Street analysts have set twelve-month price targets for Diamond Offshore Drilling in the last year. Their average twelve-month price target is $20.33, suggesting a possible upside of 56.3%. Barclays PLC has the highest price target set, predicting DO will reach $21.00 in the next twelve months. Capital One Financial Co. has the lowest price target set, forecasting a price of $20.00 for Diamond Offshore Drilling in the next year.
View the latest price targets for DO.

What is the current consensus analyst rating for Diamond Offshore Drilling?

Diamond Offshore Drilling currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DO will outperform the market and that investors should add to their positions of Diamond Offshore Drilling.
View the latest ratings for DO.

What other companies compete with Diamond Offshore Drilling?

Other companies that are similar to Diamond Offshore Drilling include Nabors Industries, Helmerich & Payne, Patterson-UTI Energy, Precision Drilling and Borr Drilling. Learn More about companies similar to Diamond Offshore Drilling.

How do I contact Diamond Offshore Drilling's investor relations team?

Diamond Offshore Drilling's physical mailing address is 15415 KATY FREEWAY, HOUSTON TX, 77094. The offshore drilling services provider's listed phone number is 281-492-5300 and its investor relations email address is [email protected]. The official website for Diamond Offshore Drilling is www.diamondoffshore.com. Learn More about contacing Diamond Offshore Drilling investor relations.