NO8 Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Manageable LeverageNOV’s moderate and relatively stable leverage provides financial flexibility through the industry cycle. A sizable equity base relative to assets can support investment, customer programs, and shareholder returns while reducing balance-sheet stress during periods of weaker drilling activity.
Positive Cash GenerationPositive trailing cash generation gives NOV internal funding capacity for capital expenditure, product development, debt service, and shareholder distributions. Although cash flow has been volatile historically, the current operating cash base supports resilience and reduces dependence on external financing.
Subsea Backlog StrengthStrong subsea bookings and backlog indicate durable demand for NOV’s specialized flexible-pipe systems. Record profitability and a backlog growing faster than sales improve forward revenue visibility, reinforce the company’s market position, and support utilization of its expanded Brazil facility.
Bears Say
Sharp Profitability DeteriorationThe steep decline in revenue and margins shows that NOV’s current earnings power is materially weaker than in recent prior years. Lower profitability reduces internally funded investment and leaves less room to absorb pricing pressure, project delays, or continued softness in customer capital spending.
Weak Energy Equipment Book-to-BillOrders below replacement level imply that Energy Equipment backlog can contract before a broader recovery arrives. This creates a durable risk to future revenue and factory utilization in a later-cycle segment, while management’s expected improvement in 2027 leaves recovery timing uncertain.
Operational Capacity ConstraintsCapacity limitations prevent NOV from converting all current demand into near-term revenue, even where backlog and tender activity are strong. Delayed deliveries can defer cash generation and allow customers or competitors to seek alternative capacity, limiting the pace of growth over the next several quarters.
NOV News
NO8 FAQ
What was NOV’s price range in the past 12 months?
Currently, no data Available
What is NOV’s market cap?
NOV’s market cap is $6.76B.
When is NOV’s upcoming earnings report date?
NOV’s upcoming earnings report date is Oct 27, 2026 which is in 5 days.
How were NOV’s earnings last quarter?
NOV released its earnings results on Jul 28, 2026. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.166 by $0.144.
Is NOV overvalued?
According to Wall Street analysts NOV’s price is currently Undervalued.
Does NOV pay dividends?
NOV does not currently pay dividends.
What is NOV’s EPS estimate?
NOV’s EPS estimate is 0.26.
How many shares outstanding does NOV have?
Currently, no data Available
What happened to NOV’s price movement after its last earnings report?
NOV reported an EPS of $0.31 in its last earnings report, beating expectations of $0.166. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of NOV?
Currently, no hedge funds are holding shares in CH:NO8
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NOV Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$21.92 (― Upside)
$21.92 (― Upside)
Blogger Sentiment
Neutral
CH:NO8 Sentiment 83%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $184.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
50.79%
12-Months-Change
Fundamentals
Return on Equity
1.53%
Trailing 12-Months
Asset Growth
-1.44%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
NOV
NOV Inc. is a global leader in designing, manufacturing, and marketing essential systems, components, and products for the oil and gas drilling and production industries, as well as for industrial and renewable energy sectors worldwide. The company's operations are divided into three core segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment provides a range of offerings including solids control and waste management equipment, portable power generation units, drill and wired pipes, advanced drilling optimization and automation services, and comprehensive tubular inspection, repair, and coating services. This segment also supplies instrumentation, measuring and monitoring tools, downhole and fishing tools, steerable drilling technologies, and drill bits. The Completion & Production Solutions segment specializes in equipment and technologies for hydraulic fracture stimulation, encompassing downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowlines, and manifolds. They also offer coiled tubing units, wireline units and tools, and various connections and liner hangers. For onshore production, solutions include composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems. Offshore production is supported by floating production systems and subsea production technologies. Additionally, this segment manufactures industrial pumps and mixers. The Rig Technologies segment focuses on drilling rig infrastructure and machinery. This includes substructures, derricks, masts, cranes, jacking systems, and sophisticated pipe lifting, racking, rotating, and assembly systems. They also supply mud pumps, pressure control equipment, drives and generators, and integrated rig instrumentation and control systems. Furthermore, this segment provides mooring, anchor, and deck handling machinery, specialized equipment components for offshore wind construction vessels, and complete pipelay and construction systems. Beyond product sales, NOV Inc. offers vital after-sales support, such as spare parts, repair services, and rental options. Their comprehensive service portfolio includes remote equipment monitoring, expert technical support, on-site field service, and extensive customer training programs. Founded in 1862 and based in Houston, Texas, the company was formerly known as National Oilwell Varco, Inc. before officially changing its name to NOV Inc. in January 2021.
NO8 Company Deck
NO8 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed an overall positive trajectory: sequential revenue and margin improvement, record or near‑record performance in several businesses (notably subsea flexible pipe, Energy Equipment margins, and drill bits), strong bookings in key capital and rental businesses, and continued cost and operational initiatives. These positives are tempered by a material one‑time tariff benefit, negative free cash flow for the quarter, elevated tariffs and inventory, ongoing Middle East logistical and activity uncertainty, and capacity/order timing constraints that keep some recovery deferred into late 2026 and 2027. On balance management expects a broadening market recovery and higher earnings power going forward.View all CH:NO8 earnings summariesNO8 Revenue Breakdown
36.96% Wellbore Technologies
35.35% Completion & Production Solutions
30.39% Rig Technologies
