Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Now ( (DNOW) ) has provided an announcement.
On June 26, 2025, DNOW Inc. entered into a Merger Agreement with MRC Global Inc., involving a series of mergers that will result in MRC Global becoming a wholly-owned subsidiary of DNOW. The completion of these transactions is contingent upon regulatory approvals, including the expiration of the statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, which expired on October 6, 2025, and other customary closing conditions.
The most recent analyst rating on (DNOW) stock is a Buy with a $18.50 price target. To see the full list of analyst forecasts on Now stock, see the DNOW Stock Forecast page.
Spark’s Take on DNOW Stock
According to Spark, TipRanks’ AI Analyst, DNOW is a Outperform.
DNOW’s overall stock score reflects its strong financial foundation and positive earnings call insights, highlighting strategic growth initiatives and robust cash flow management. Technical indicators suggest positive momentum, though caution is advised due to potential overbought conditions. Valuation is moderate, with no dividend yield. Legal challenges related to the merger with MRC Global are a potential risk but are not factored into the score.
To see Spark’s full report on DNOW stock, click here.
More about Now
Average Trading Volume: 1,225,346
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.7B
Learn more about DNOW stock on TipRanks’ Stock Analysis page.