Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Valaris ( (VAL) ) just unveiled an update.
Valaris Limited announced new contracts and extensions, adding approximately $190 million to its contract backlog, which now totals around $4.5 billion as of October 23, 2025. Notable agreements include a five-well contract with BP Exploration in Egypt and several extensions in the UK North Sea, enhancing its operational footprint and revenue potential. Additionally, Valaris sold a jackup rig for $108 million in August 2025, reflecting strategic asset management.
The most recent analyst rating on (VAL) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Valaris stock, see the VAL Stock Forecast page.
Spark’s Take on VAL Stock
According to Spark, TipRanks’ AI Analyst, VAL is a Outperform.
Valaris’s strong financial recovery and positive earnings call sentiment are the most significant factors driving the score. The company’s robust contract backlog and improved profitability position it well for future growth. Technical analysis presents some caution with mixed signals, but the attractive valuation supports the stock’s potential. Overall, Valaris is well-positioned in the oil & gas equipment & services industry.
To see Spark’s full report on VAL stock, click here.
More about Valaris
Valaris Limited operates in the offshore drilling industry, providing drilling services with a focus on drillships, semisubmersibles, and jackups. The company serves major oil and gas companies and is involved in both exploration and production activities across various global markets.
Average Trading Volume: 1,187,124
Technical Sentiment Signal: Hold
Current Market Cap: $3.45B
For detailed information about VAL stock, go to TipRanks’ Stock Analysis page.