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NOV - NOV Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $20.14
  • Forecasted Upside: 43.16%
  • Number of Analysts: 17
  • Breakdown:
  • 2 Sell Ratings
  • 7 Hold Ratings
  • 7 Buy Ratings
  • 1 Strong Buy Ratings
$14.07 As of 12/20/2024 06:45 PM ET
▲ +0.01 (0.07%)

This chart shows the closing price for NOV by one month, three months, or twelve months.

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Analyst Price Target for NOV

Analyst Price Target is $20.14
▲ +43.16% Upside Potential
This price target is based on 17 analysts offering 12 month price targets for NOV in the last 3 months. The average price target is $20.14, with a high forecast of $25.00 and a low forecast of $12.00. The average price target represents a 43.16% upside from the last price of $14.07.

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

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Current Consensus is Hold

The current consensus among 17 investment analysts is to hold stock in NOV. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
6/23/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
9/21/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
11/20/2024
  • 1 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 2 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/19/2024Piper SandlerInitiated CoverageNeutral$17.00
12/18/2024BarclaysLower TargetUnderweight ➝ Underweight$16.00 ➝ $12.00
12/10/2024Atb Cap MarketsDowngradeStrong-Buy ➝ Hold
12/10/2024ATB CapitalReiterated RatingOutperform ➝ Sector Perform$19.00 ➝ $19.00
11/11/2024CitigroupDowngradeBuy ➝ Neutral$21.00 ➝ $18.00
11/4/2024Wells Fargo & CompanyLower TargetUnderweight ➝ Underweight$16.00 ➝ $15.00
10/29/2024BarclaysLower TargetUnderweight ➝ Underweight$17.00 ➝ $16.00
10/28/2024SusquehannaLower TargetPositive ➝ Positive$22.00 ➝ $21.00
10/28/2024Stifel NicolausLower TargetBuy ➝ Buy$25.00 ➝ $24.00
10/28/2024TD CowenLower TargetBuy ➝ Buy$28.00 ➝ $22.00
10/16/2024BarclaysLower TargetUnderweight ➝ Underweight$20.00 ➝ $17.00
10/14/2024Bank of AmericaLower TargetBuy ➝ Buy$22.00 ➝ $20.00
10/11/2024Stifel NicolausLower TargetBuy ➝ Buy$26.00 ➝ $25.00
10/11/2024SusquehannaLower TargetPositive ➝ Positive$26.00 ➝ $22.00
10/10/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$22.00 ➝ $20.00
10/3/2024CitigroupLower TargetBuy ➝ Buy$24.00 ➝ $21.00
10/3/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$23.00 ➝ $22.00
9/25/2024Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$20.00 ➝ $16.00
9/16/2024Morgan StanleyLower TargetOverweight ➝ Overweight$25.00 ➝ $23.00
7/30/2024BarclaysBoost TargetUnderweight ➝ Underweight$17.00 ➝ $20.00
7/29/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$24.00 ➝ $24.00
7/29/2024TD CowenBoost TargetBuy ➝ Buy$27.00 ➝ $28.00
7/26/2024Evercore ISIUpgradeStrong-Buy
7/26/2024BenchmarkReiterated RatingHold
7/15/2024Bank of AmericaLower TargetBuy ➝ Buy$24.00 ➝ $22.00
7/15/2024Piper SandlerLower TargetNeutral ➝ Neutral$22.00 ➝ $20.00
4/29/2024TD CowenLower TargetBuy ➝ Buy$27.00 ➝ $26.00
4/8/2024SusquehannaReiterated RatingPositive ➝ Positive$26.00
2/20/2024Piper SandlerLower TargetNeutral ➝ Neutral$25.00 ➝ $22.00
2/6/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$24.00
2/5/2024Stifel NicolausLower TargetBuy ➝ Buy$28.00 ➝ $26.00
2/5/2024Raymond JamesLower TargetOutperform ➝ Outperform$28.00 ➝ $25.00
2/5/2024TD CowenLower TargetOutperform$31.00 ➝ $30.00
1/16/2024BenchmarkDowngradeBuy ➝ Hold
12/22/2023ATB CapitalSet TargetOutperform$33.00
12/12/2023TD CowenBoost TargetOutperform ➝ Outperform$28.00 ➝ $29.00
12/8/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$22.00 ➝ $25.00
10/30/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$23.00 ➝ $24.00
10/30/2023Raymond JamesBoost TargetOutperform ➝ Outperform$28.00 ➝ $29.00
10/17/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$24.00 ➝ $25.00
10/17/2023BarclaysDowngradeEqual Weight ➝ Underweight$20.00
10/3/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$20.00 ➝ $21.00
8/9/2023The Goldman Sachs GroupBoost TargetSell ➝ Sell$16.00 ➝ $18.00
7/31/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$22.00 ➝ $24.00
7/31/2023Raymond JamesBoost TargetOutperform$27.00 ➝ $28.00
7/31/2023Piper SandlerLower TargetNeutral ➝ Neutral$21.00 ➝ $20.00
7/31/2023CitigroupBoost TargetBuy ➝ Buy$21.00 ➝ $26.00
7/28/2023Wells Fargo & CompanyBoost TargetEqual Weight$18.00 ➝ $20.00
7/18/2023CitigroupLower TargetBuy$22.00 ➝ $21.00
7/14/2023Capital One FinancialInitiated CoverageEqual Weight$20.00
7/14/2023Raymond JamesLower TargetOutperform$29.00 ➝ $27.00
5/1/2023Piper SandlerLower Target$22.00 ➝ $21.00
5/1/2023BarclaysLower Target$25.00 ➝ $20.00
4/28/2023Stifel NicolausLower Target$29.00 ➝ $28.00
4/18/2023Morgan StanleyLower Target$24.00 ➝ $22.00
4/5/2023CitigroupLower TargetBuy$25.00 ➝ $23.00
4/3/2023SusquehannaLower Target$29.00 ➝ $26.00
2/8/2023Piper SandlerReiterated RatingNeutral$22.00
2/8/2023Royal Bank of CanadaReiterated RatingSector Perform$27.00
2/8/2023CowenBoost TargetOutperform$26.00 ➝ $27.00
2/8/2023SusquehannaBoost TargetPositive$26.00 ➝ $29.00
1/19/2023BenchmarkInitiated CoverageBuy$28.00
1/4/2023Morgan StanleyUpgradeEqual Weight ➝ Overweight$21.00 ➝ $24.00
12/9/2022Raymond JamesInitiated CoverageOutperform$30.00
11/7/2022Redburn PartnersReiterated RatingEqual Weight$25.00
11/7/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$16.00 ➝ $25.00
11/1/2022Piper SandlerBoost Target$22.00
11/1/2022BarclaysBoost TargetEqual Weight$22.00 ➝ $25.00
10/31/2022Morgan StanleyBoost TargetEqual Weight$20.00 ➝ $21.00
10/31/2022Susquehanna BancsharesLower Target$27.00 ➝ $25.00
10/31/2022SusquehannaLower Target$27.00 ➝ $25.00
10/13/2022Morgan StanleyBoost TargetEqual Weight$19.00 ➝ $20.00
10/12/2022CitigroupUpgradeNeutral ➝ Buy$25.00
9/30/2022Bank of AmericaUpgradeNeutral ➝ Buy$19.00
8/24/2022BenchmarkInitiated CoverageHold
8/8/2022Seaport Res PtnReiterated RatingBuy
7/29/2022Morgan StanleyBoost TargetEqual Weight$18.00 ➝ $19.00
7/29/2022Bank of AmericaUpgradeUnderperform ➝ Neutral$10.00 ➝ $15.00
7/13/2022The Goldman Sachs GroupLower TargetSell$18.00 ➝ $16.00
7/13/2022Morgan StanleyLower TargetEqual Weight$20.00 ➝ $18.00
6/8/2022BarclaysBoost TargetEqual Weight$20.00 ➝ $22.00
5/2/2022Griffin SecuritiesUpgradeNeutral ➝ Buy$26.00
4/11/2022Morgan StanleyBoost TargetEqual Weight$17.00 ➝ $20.00
4/8/2022Stifel NicolausBoost Target$20.00 ➝ $23.00
3/31/2022Wells Fargo & CompanyBoost TargetUnderweight$14.00 ➝ $16.00
3/14/2022CitigroupDowngradeBuy ➝ Neutral$22.00 ➝ $21.00
3/11/2022Bank of AmericaDowngradeBuy ➝ Underperform
2/23/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell$16.00
2/7/2022COKER & PALMERDowngradeSector Perform ➝ Sector Underperform
2/7/2022Susquehanna BancsharesLower Target$23.00 ➝ $22.00
2/7/2022SusquehannaLower Target$23.00 ➝ $22.00
2/7/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$17.00
12/14/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$15.00 ➝ $17.00
10/31/2021Griffin SecuritiesReiterated RatingHold
10/11/2021Morgan StanleyLower TargetEqual Weight$18.00 ➝ $17.00
9/26/2021Wells Fargo & CompanyInitiated CoverageSell$12.00
9/9/2021Royal Bank of CanadaReiterated RatingSector Perform$15.00
8/30/2021COKER & PALMERUpgradeSector Underperform ➝ Sector Perform
7/28/2021Atb Cap MarketsUpgradeSector Perform ➝ Outperform
7/19/2021BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$14.00 ➝ $15.00
7/16/2021Bank of AmericaUpgradeNeutral ➝ Buy
7/15/2021Seaport Res PtnReiterated RatingBuy
7/9/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$13.00 ➝ $18.00
5/13/2021The Goldman Sachs GroupInitiated CoverageNeutral$18.00
5/4/2021COKER & PALMERDowngradeSector Perform ➝ Underperform
5/3/2021BarclaysUpgradeEqual Weight ➝ Outperform$12.00 ➝ $18.00
4/29/2021Morgan StanleyBoost TargetUnderweight$12.00 ➝ $13.00
4/6/2021COKER & PALMERDowngradeSector Outperform ➝ Sector Perform
1/21/2021Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$13.50 ➝ $17.00
1/12/2021Smith Barney CitigroupUpgradeNeutral ➝ Buy
1/11/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform
1/6/2021Bank of AmericaUpgradeUnderperform ➝ Neutral$16.00
12/15/2020Smith Barney CitigroupBoost Target$12.00 ➝ $15.00
11/10/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight
10/28/2020Stifel NicolausLower TargetBuy$16.00 ➝ $15.00
10/28/2020Wells Fargo & CompanyLower TargetEqual Weight$13.50 ➝ $12.00
10/28/2020Credit Suisse GroupBoost TargetOutperform$14.00 ➝ $15.00
10/1/2020BMO Capital MarketsInitiated CoverageUnderperform$9.00
8/12/2020Griffin SecuritiesReiterated RatingHold
7/29/2020JPMorgan Chase & Co.Boost TargetNeutral$14.00 ➝ $15.00
7/29/2020Piper SandlerLower TargetNeutral$11.40 ➝ $11.30
7/29/2020CowenBoost TargetOutperform$15.00 ➝ $16.00
7/9/2020Morgan StanleyBoost TargetEqual Weight$12.00 ➝ $13.00
5/26/2020UBS GroupBoost TargetNeutral$10.00 ➝ $11.00
5/14/2020BarclaysDowngradeOverweight ➝ Equal Weight$14.00 ➝ $8.00
4/29/2020Piper SandlerLower TargetNeutral$11.00 ➝ $9.00
4/29/2020Stifel NicolausLower TargetBuy$18.00 ➝ $16.00
4/29/2020Raymond JamesBoost TargetOutperform$11.00 ➝ $14.00
4/14/2020CowenUpgradeMarket Perform ➝ Outperform$17.00
4/9/2020UBS GroupLower TargetNeutral$21.00 ➝ $10.00
4/7/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight
4/6/2020Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform
4/1/2020Stifel NicolausBoost TargetBuy$17.00 ➝ $18.00
3/27/2020R. F. LaffertyLower TargetBuy$27.00 ➝ $13.00
3/27/2020Piper SandlerDowngradeOverweight ➝ Neutral$25.00 ➝ $11.00
3/20/2020StephensDowngradeHold$9.00
3/20/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$25.00 ➝ $13.00
3/19/2020Raymond JamesLower TargetOutperform$27.00 ➝ $11.00
3/19/2020BarclaysUpgradeEqual Weight ➝ Overweight$25.00 ➝ $14.00
3/10/2020Stifel NicolausLower TargetBuy$28.00 ➝ $17.00
3/9/2020CitigroupDowngradeBuy ➝ Neutral$16.00
3/3/2020UBS GroupLower TargetNeutral$25.00 ➝ $21.00
2/19/2020ArgusDowngradeBuy ➝ Hold
2/10/2020Susquehanna BancsharesBoost TargetPositive$28.00 ➝ $30.00
2/10/2020Wells Fargo & CompanyBoost TargetEqual Weight$25.00 ➝ $26.00
2/10/2020CowenBoost TargetMarket Perform$25.00 ➝ $27.00
2/7/2020Evercore ISIInitiated CoverageBuy$28.00
1/14/2020Bernstein BankInitiated CoverageMarket Perform
1/13/2020Sanford C. BernsteinInitiated CoverageMarket Perform
1/9/2020Wells Fargo & CompanyBoost TargetEqual Weight$24.00 ➝ $25.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.54 (Buy)

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
  • 21 very positive mentions
  • 34 positive mentions
  • 7 negative mentions
  • 2 very negative mentions
Mentions as of
5/25/2024
  • 11 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 8 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/24/2024
  • 19 very positive mentions
  • 63 positive mentions
  • 11 negative mentions
  • 4 very negative mentions
Mentions as of
8/23/2024
  • 23 very positive mentions
  • 62 positive mentions
  • 14 negative mentions
  • 2 very negative mentions
Mentions as of
9/22/2024
  • 22 very positive mentions
  • 66 positive mentions
  • 15 negative mentions
  • 2 very negative mentions
Mentions as of
10/22/2024
  • 25 very positive mentions
  • 127 positive mentions
  • 19 negative mentions
  • 3 very negative mentions
Mentions as of
11/21/2024
  • 45 very positive mentions
  • 70 positive mentions
  • 15 negative mentions
  • 3 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 45 very positive mentions
  • 70 positive mentions
  • 15 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

NOV logo
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. It 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, the company 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.
Read More

Today's Range

Now: $14.07
Low: $13.97
High: $14.37

50 Day Range

MA: $15.70
Low: $14.06
High: $16.79

52 Week Range

Now: $14.07
Low: $13.97
High: $21.23

Volume

23,121,082 shs

Average Volume

3,819,520 shs

Market Capitalization

$5.47 billion

P/E Ratio

5.19

Dividend Yield

2.11%

Beta

1.66

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: Atb Cap Markets, ATB Capital, Bank of America Co., Barclays PLC, Benchmark Co., BMO Capital Markets, Citigroup Inc., Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Raymond James, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, Susquehanna, TD Cowen, and Wells Fargo & Company.
View the latest analyst ratings for NOV.

What is the current price target for NOV?

0 Wall Street analysts have set twelve-month price targets for NOV in the last year. Their average twelve-month price target is $20.14, suggesting a possible upside of 43.2%. Raymond James has the highest price target set, predicting NOV will reach $25.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $12.00 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, 7 hold ratings, 7 buy ratings and 1 strong buy rating 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 TechnipFMC, Oceaneering International, Tidewater, Helix Energy Solutions Group and RPC. 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.