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Noble Corporation ( (NE) ) has shared an announcement.
Noble Corporation announced its third quarter 2025 results, reporting a net loss of $21 million and adjusted EBITDA of $254 million. The company declared a $0.50 per share cash dividend for Q4, bringing total shareholder returns for 2025 to $340 million. Noble secured approximately $740 million in new contracts, increasing its backlog to $7.0 billion. Despite a decrease in rig utilization, Noble’s recent contract wins and backlog expansion position it well for a potential recovery in deepwater utilization by late 2026 or early 2027.
The most recent analyst rating on (NE) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Noble Corporation stock, see the NE Stock Forecast page.
Spark’s Take on NE Stock
According to Spark, TipRanks’ AI Analyst, NE is a Outperform.
Noble Corporation’s overall stock score reflects a solid financial performance with strong cash flow and reasonable valuation metrics. The high dividend yield is a significant positive factor. However, technical indicators suggest potential short-term weakness, and the earnings call highlighted some near-term challenges. Despite these, the company’s long-term outlook remains positive, contributing to a moderately strong overall score.
To see Spark’s full report on NE stock, click here.
More about Noble Corporation
Noble Corporation plc operates in the energy sector, specializing in offshore drilling services. The company provides contract drilling services with a focus on deepwater and harsh environment drilling, serving major oil and gas companies globally.
Average Trading Volume: 2,597,315
Technical Sentiment Signal: Buy
Current Market Cap: $4.85B
Learn more about NE stock on TipRanks’ Stock Analysis page.