NOV - NOV Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $24.00
Forecasted Upside: 27.52%
Number of Analysts: 12
Breakdown:
2 Sell Ratings
4 Hold Ratings
6 Buy Ratings
0 Strong Buy Ratings

^$18.82 As of 11/30/2023 01:00 AM ET

▼ -0.12 (-0.63%)

1 month | 3 months | 12 months

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Analyst Price Target for NOV

^$24.00

▲ +27.52% Upside Potential

This price target is based on 12 analysts offering 12 month price targets for NOV in the last 3 months. The average price target is $24.00, with a high forecast of $29.00 and a low forecast of $18.00. The average price target represents a 27.52% upside from the last price of $18.82.

Current Consensus is Hold

The current consensus among 12 polled investment analysts is to hold stock in NOV. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

6/8/2022

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

9/6/2022

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

12/5/2022

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

3/5/2023

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

6/3/2023

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

9/1/2023

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

10/31/2023

0 strong buy ratings
6 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

11/30/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
10/30/2023	Royal Bank of Canada	Boost Target	Sector Perform ➝ Sector Perform	$23.00 ➝ $24.00	Low
10/30/2023	Raymond James	Boost Target	Outperform ➝ Outperform	$28.00 ➝ $29.00	Low
10/17/2023	Morgan Stanley	Boost Target	Overweight ➝ Overweight	$24.00 ➝ $25.00	Low
10/17/2023	Barclays	Downgrade	Equal Weight ➝ Underweight	$20.00	Low
10/3/2023	Wells Fargo & Company	Boost Target	Equal Weight ➝ Equal Weight	$20.00 ➝ $21.00	Low
8/9/2023	The Goldman Sachs Group	Boost Target	Sell ➝ Sell	$16.00 ➝ $18.00	N/A
7/31/2023	Morgan Stanley	Boost Target	Overweight ➝ Overweight	$22.00 ➝ $24.00	Low
7/31/2023	Raymond James	Boost Target	Outperform	$27.00 ➝ $28.00	Low
7/31/2023	Piper Sandler	Lower Target	Neutral ➝ Neutral	$21.00 ➝ $20.00	Low
7/31/2023	Citigroup	Boost Target	Buy ➝ Buy	$21.00 ➝ $26.00	Low
7/28/2023	Wells Fargo & Company	Boost Target	Equal Weight	$18.00 ➝ $20.00	Low
7/18/2023	Citigroup	Lower Target	Buy	$22.00 ➝ $21.00	Low
7/14/2023	Capital One Financial	Initiated Coverage	Equal Weight	$20.00	Low
7/14/2023	Raymond James	Lower Target	Outperform	$29.00 ➝ $27.00	Low
5/1/2023	Piper Sandler	Lower Target		$22.00 ➝ $21.00	Low
5/1/2023	Barclays	Lower Target		$25.00 ➝ $20.00	Low
4/28/2023	Stifel Nicolaus	Lower Target		$29.00 ➝ $28.00	Low
4/18/2023	Morgan Stanley	Lower Target		$24.00 ➝ $22.00	Low
4/5/2023	Citigroup	Lower Target	Buy	$25.00 ➝ $23.00	Low
4/3/2023	Susquehanna	Lower Target		$29.00 ➝ $26.00	Low
2/8/2023	Piper Sandler	Reiterated Rating	Neutral	$22.00	Low
2/8/2023	Royal Bank of Canada	Reiterated Rating	Sector Perform	$27.00	Low
2/8/2023	Cowen	Boost Target	Outperform	$26.00 ➝ $27.00	Low
2/8/2023	Susquehanna	Boost Target	Positive	$26.00 ➝ $29.00	Low
1/19/2023	Benchmark	Initiated Coverage	Buy	$28.00	Low
1/4/2023	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$21.00 ➝ $24.00	Low
12/9/2022	Raymond James	Initiated Coverage	Outperform	$30.00	Low
11/7/2022	Redburn Partners	Reiterated Rating	Equal Weight	$25.00	Low
11/7/2022	Wells Fargo & Company	Upgrade	Underweight ➝ Equal Weight	$16.00 ➝ $25.00	N/A
11/1/2022	Piper Sandler	Boost Target		$22.00	Low
11/1/2022	Barclays	Boost Target	Equal Weight	$22.00 ➝ $25.00	Low
10/31/2022	Morgan Stanley	Boost Target	Equal Weight	$20.00 ➝ $21.00	Low
10/31/2022	Susquehanna Bancshares	Lower Target		$27.00 ➝ $25.00	Low
10/31/2022	Susquehanna	Lower Target		$27.00 ➝ $25.00	Low
10/13/2022	Morgan Stanley	Boost Target	Equal Weight	$19.00 ➝ $20.00	Low
10/12/2022	Citigroup	Upgrade	Neutral ➝ Buy	$25.00	Low
9/30/2022	Bank of America	Upgrade	Neutral ➝ Buy	$19.00	Low
8/24/2022	Benchmark	Initiated Coverage	Hold		Low
8/8/2022	Seaport Res Ptn	Reiterated Rating	Buy		Low
7/29/2022	Morgan Stanley	Boost Target	Equal Weight	$18.00 ➝ $19.00	Low
7/29/2022	Bank of America	Upgrade	Underperform ➝ Neutral	$10.00 ➝ $15.00	Low
7/13/2022	The Goldman Sachs Group	Lower Target	Sell	$18.00 ➝ $16.00	Low
7/13/2022	Morgan Stanley	Lower Target	Equal Weight	$20.00 ➝ $18.00	Low
6/8/2022	Barclays	Boost Target	Equal Weight	$20.00 ➝ $22.00	Medium
5/2/2022	Griffin Securities	Upgrade	Neutral ➝ Buy	$26.00	Medium
4/11/2022	Morgan Stanley	Boost Target	Equal Weight	$17.00 ➝ $20.00	High
4/8/2022	Stifel Nicolaus	Boost Target		$20.00 ➝ $23.00	High
3/31/2022	Wells Fargo & Company	Boost Target	Underweight	$14.00 ➝ $16.00	Medium
3/14/2022	Citigroup	Downgrade	Buy ➝ Neutral	$22.00 ➝ $21.00	Medium
3/11/2022	Bank of America	Downgrade	Buy ➝ Underperform		Low
2/23/2022	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$16.00	Low
2/7/2022	COKER & PALMER	Downgrade	Sector Perform ➝ Sector Underperform		Low
2/7/2022	Susquehanna Bancshares	Lower Target		$23.00 ➝ $22.00	Low
2/7/2022	Susquehanna	Lower Target		$23.00 ➝ $22.00	Low
2/7/2022	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$17.00	Low
12/14/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$15.00 ➝ $17.00	High
10/31/2021	Griffin Securities	Reiterated Rating	Hold		Low
10/11/2021	Morgan Stanley	Lower Target	Equal Weight	$18.00 ➝ $17.00	Medium
9/26/2021	Wells Fargo & Company	Initiated Coverage	Sell	$12.00	Medium
9/9/2021	Royal Bank of Canada	Reiterated Rating	Sector Perform	$15.00	Low
8/30/2021	COKER & PALMER	Upgrade	Sector Underperform ➝ Sector Perform		Low
7/28/2021	Atb Cap Markets	Upgrade	Sector Perform ➝ Outperform		High
7/19/2021	BMO Capital Markets	Upgrade	Underperform ➝ Market Perform	$14.00 ➝ $15.00	Low
7/16/2021	Bank of America	Upgrade	Neutral ➝ Buy		High
7/15/2021	Seaport Res Ptn	Reiterated Rating	Buy		High
7/9/2021	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight	$13.00 ➝ $18.00	High
5/13/2021	The Goldman Sachs Group	Initiated Coverage	Neutral	$18.00	Low
5/4/2021	COKER & PALMER	Downgrade	Sector Perform ➝ Underperform		Low
5/3/2021	Barclays	Upgrade	Equal Weight ➝ Outperform	$12.00 ➝ $18.00	High
4/29/2021	Morgan Stanley	Boost Target	Underweight	$12.00 ➝ $13.00	Low
4/6/2021	COKER & PALMER	Downgrade	Sector Outperform ➝ Sector Perform		Medium
1/21/2021	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$13.50 ➝ $17.00	Medium
1/12/2021	Smith Barney Citigroup	Upgrade	Neutral ➝ Buy		Low
1/11/2021	Wolfe Research	Upgrade	Peer Perform ➝ Outperform		Medium
1/6/2021	Bank of America	Upgrade	Underperform ➝ Neutral	$16.00	N/A
12/15/2020	Smith Barney Citigroup	Boost Target		$12.00 ➝ $15.00	Medium
11/10/2020	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight		High
10/28/2020	Stifel Nicolaus	Lower Target	Buy	$16.00 ➝ $15.00	Medium
10/28/2020	Wells Fargo & Company	Lower Target	Equal Weight	$13.50 ➝ $12.00	Medium
10/28/2020	Credit Suisse Group	Boost Target	Outperform	$14.00 ➝ $15.00	High
10/1/2020	BMO Capital Markets	Initiated Coverage	Underperform	$9.00	Low
8/12/2020	Griffin Securities	Reiterated Rating	Hold		High
7/29/2020	JPMorgan Chase & Co.	Boost Target	Neutral	$14.00 ➝ $15.00	Low
7/29/2020	Piper Sandler	Lower Target	Neutral	$11.40 ➝ $11.30	Medium
7/29/2020	Cowen	Boost Target	Outperform	$15.00 ➝ $16.00	Medium
7/9/2020	Morgan Stanley	Boost Target	Equal Weight	$12.00 ➝ $13.00	High
5/26/2020	UBS Group	Boost Target	Neutral	$10.00 ➝ $11.00	Medium
5/14/2020	Barclays	Downgrade	Overweight ➝ Equal Weight	$14.00 ➝ $8.00	Low
4/29/2020	Piper Sandler	Lower Target	Neutral	$11.00 ➝ $9.00	Low
4/29/2020	Stifel Nicolaus	Lower Target	Buy	$18.00 ➝ $16.00	Low
4/29/2020	Raymond James	Boost Target	Outperform	$11.00 ➝ $14.00	High
4/14/2020	Cowen	Upgrade	Market Perform ➝ Outperform	$17.00	Low
4/9/2020	UBS Group	Lower Target	Neutral	$21.00 ➝ $10.00	High
4/7/2020	Capital One Financial	Upgrade	Equal Weight ➝ Overweight		High
4/6/2020	Sanford C. Bernstein	Upgrade	Market Perform ➝ Outperform		High
4/1/2020	Stifel Nicolaus	Boost Target	Buy	$17.00 ➝ $18.00	Low
3/27/2020	R. F. Lafferty	Lower Target	Buy	$27.00 ➝ $13.00	High
3/27/2020	Piper Sandler	Downgrade	Overweight ➝ Neutral	$25.00 ➝ $11.00	High
3/20/2020	Stephens	Downgrade	Hold	$9.00	High
3/20/2020	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$25.00 ➝ $13.00	High
3/19/2020	Raymond James	Lower Target	Outperform	$27.00 ➝ $11.00	High
3/19/2020	Barclays	Upgrade	Equal Weight ➝ Overweight	$25.00 ➝ $14.00	High
3/10/2020	Stifel Nicolaus	Lower Target	Buy	$28.00 ➝ $17.00	High
3/9/2020	Citigroup	Downgrade	Buy ➝ Neutral	$16.00	High
3/3/2020	UBS Group	Lower Target	Neutral	$25.00 ➝ $21.00	High
2/19/2020	Argus	Downgrade	Buy ➝ Hold		Medium
2/10/2020	Susquehanna Bancshares	Boost Target	Positive	$28.00 ➝ $30.00	Medium
2/10/2020	Wells Fargo & Company	Boost Target	Equal Weight	$25.00 ➝ $26.00	Medium
2/10/2020	Cowen	Boost Target	Market Perform	$25.00 ➝ $27.00	High
2/7/2020	Evercore ISI	Initiated Coverage	Buy	$28.00	High
1/14/2020	Bernstein Bank	Initiated Coverage	Market Perform		Medium
1/13/2020	Sanford C. Bernstein	Initiated Coverage	Market Perform		Low
1/9/2020	Wells Fargo & Company	Boost Target	Equal Weight	$24.00 ➝ $25.00	Low
12/18/2019	AltaCorp Capital	Upgrade	Underperform ➝ Sector Perform		Medium
12/10/2019	Citigroup	Boost Target	Buy	$27.00 ➝ $28.00	Medium
11/5/2019	Cowen	Boost Target	Market Perform	$24.00 ➝ $26.00	Low
10/30/2019	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$29.00 ➝ $33.00	High
10/8/2019	Morgan Stanley	Lower Target	Equal Weight	$28.00 ➝ $25.00	Medium
10/1/2019	Citigroup	Lower Target	Buy	$28.00 ➝ $27.00	Medium
9/12/2019	Wells Fargo & Company	Boost Target	Market Perform	$22.00 ➝ $24.00	Medium
9/5/2019	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$23.00 ➝ $25.00	High
8/29/2019	Johnson Rice	Upgrade	Hold ➝ Buy		Low
8/12/2019	Societe Generale	Upgrade	Neutral ➝ Positive	$25.00	Low
8/12/2019	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$25.00	Low
8/1/2019	Griffin Securities	Reiterated Rating	Hold		Low
7/31/2019	UBS Group	Set Target	Hold	$25.00	N/A
7/31/2019	Raymond James	Boost Target	Outperform	$32.00 ➝ $34.00	Medium
7/31/2019	Citigroup	Upgrade	Neutral ➝ Buy	$23.00 ➝ $28.00	High
7/31/2019	Cowen	Reiterated Rating	Market Perform ➝ Market Perform	$25.00 ➝ $27.00	High
7/19/2019	Susquehanna Bancshares	Set Target	Hold	$23.00	N/A
7/15/2019	Johnson Rice	Downgrade	Buy ➝ Hold	$25.00	High
7/1/2019	Piper Sandler Companies	Set Target	Buy	$25.00	Low
6/25/2019	Bank of America	Reiterated Rating	Underperform ➝ Underperform	$26.00 ➝ $20.00	Low
6/20/2019	AltaCorp Capital	Reiterated Rating	Underperform		Low
6/6/2019	Citigroup	Set Target	Hold	$31.00	Low
5/8/2019	Citigroup	Set Target	Hold	$31.00	Low
4/30/2019	Citigroup	Boost Target	Neutral ➝ Neutral	$29.00 ➝ $31.00	High
4/16/2019	SunTrust Banks	Lower Target	Hold	$24.00	Low
4/15/2019	Raymond James	Lower Target	Outperform ➝ Outperform	$40.00 ➝ $35.00	High
4/15/2019	Barclays	Lower Target	Equal Weight ➝ Equal Weight	$32.00 ➝ $28.00	High
4/12/2019	Cowen	Set Target	Hold	$23.00	Medium
3/10/2019	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$33.00	Medium
2/11/2019	Gabelli	Reiterated Rating	Buy		Low
2/11/2019	SunTrust Banks	Lower Target	Hold	$29.00	Low
2/11/2019	Cowen	Reiterated Rating	Market Perform ➝ Market Perform	$32.00 ➝ $29.00	Low
2/9/2019	Barclays	Set Target	Hold	$32.00	Low
2/8/2019	Royal Bank of Canada	Set Target	Hold	$31.00	Low
2/8/2019	Raymond James	Set Target	Buy	$40.00	Low
1/18/2019	Barclays	Reiterated Rating	Hold	$35.00	Low
1/9/2019	Stephens	Initiated Coverage	Overweight	$35.00	Medium
1/4/2019	Citigroup	Lower Target	Neutral ➝ Neutral	$31.00 ➝ $29.00	Low
12/26/2018	Piper Sandler Companies	Set Target	Buy	$32.00	Medium
12/20/2018	UBS Group	Set Target	Hold	$28.00	High
12/13/2018	Raymond James	Reiterated Rating	Buy	$37.00	High
12/10/2018	Wolfe Research	Downgrade	Market Perform ➝ Sell		Low
12/3/2018	Cowen	Set Target	Hold	$39.00	Low

(Data available from 11/30/2018 forward)

News Sentiment Rating

0.13 (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

11 very positive mentions
7 positive mentions
2 negative mentions
3 very negative mentions

Mentions as of

5/4/2023

17 very positive mentions
36 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

6/3/2023

13 very positive mentions
30 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

7/3/2023

19 very positive mentions
64 positive mentions
9 negative mentions
2 very negative mentions

Mentions as of

8/2/2023

25 very positive mentions
86 positive mentions
4 negative mentions
6 very negative mentions

Mentions as of

9/1/2023

18 very positive mentions
114 positive mentions
7 negative mentions
1 very negative mentions

Mentions as of

10/1/2023

19 very positive mentions
220 positive mentions
23 negative mentions
11 very negative mentions

Mentions as of

10/31/2023

47 very positive mentions
270 positive mentions
29 negative mentions
17 very negative mentions

Mentions as of

11/30/2023

Current Sentiment

Recent Stories by Sentiment

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, it provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

Today's Range

Now: $18.82

$18.67

$19.51

50 Day Range

MA: $19.78

$18.73

$21.54

52 Week Range

Now: $18.82

$14.05

$24.83

Volume

3,109,950 shs

Average Volume

4,102,963 shs

Market Capitalization

$7.41 billion

P/E Ratio

14.94

Dividend Yield

1.06%

Beta

1.87

Frequently Asked Questions

What sell-side analysts currently cover shares of NOV?: The following Wall Street analysts have issued stock ratings on NOV in the last twelve months: Barclays PLC, Benchmark Co., Capital One Financial Co., Citigroup Inc., Cowen Inc, Morgan Stanley, Piper Sandler, Raymond James, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, Susquehanna, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for NOV.
What is the current price target for NOV?: 13 Wall Street analysts have set twelve-month price targets for NOV in the last year. Their average twelve-month price target is $24.00, suggesting a possible upside of 27.5%. Raymond James has the highest price target set, predicting NOV will reach $29.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $18.00 for NOV in the next year.
View the latest price targets for NOV.
What is the current consensus analyst rating for NOV?: NOV currently has 2 sell ratings, 4 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NOV, but not buy more shares or sell existing shares.
View the latest ratings for NOV.
What other companies compete with NOV?: Other companies that are similar to NOV include WEX, Elastic, Core & Main, FTI Consulting and Instacart (Maplebear Inc.). Learn More about companies similar to NOV.
How do I contact NOV's investor relations team?: NOV's physical mailing address is 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX, 77036. The oil and gas exploration company's listed phone number is (346) 223-3000 and its investor relations email address is [email protected]. The official website for NOV is www.nov.com. Learn More about contacing NOV investor relations.

NOV - NOV Stock Price Target and Predictions

Analyst Price Target for NOV

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.13 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of NOV?

What is the current price target for NOV?

What is the current consensus analyst rating for NOV?

What other companies compete with NOV?

How do I contact NOV's investor relations team?