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NOV (CH:NO8)
:NO8

NOV (NO8) Price & Analysis

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NO8 Stock Chart & Stats

Currently, no data available
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Bulls Say, Bears Say

Bulls Say
Recurring Aftermarket And Service ModelNOV’s installed equipment base supports recurring aftermarket, consumables, rental and service demand alongside new equipment sales. This broadens revenue sources across the oilfield value chain and can provide more resilient cash generation when customers reduce large capital projects.
Subsea Flexible Pipe Backlog StrengthSubsea flexible pipe shows strong demand visibility, with orders exceeding deliveries and backlog expanding substantially. That combination supports future revenue conversion and reinforces NOV’s position in a specialized business, although execution depends on available production capacity.
Operational Efficiency And Cash GenerationThe cost program, facility consolidation and manufacturing initiatives can provide lasting support to margins by lowering the operating base. Positive trailing cash generation also gives NOV resources to fund capital spending, return capital and manage the cyclical energy equipment market.
Bears Say
Sharp Revenue And Profitability DeteriorationThe steep decline in revenue and margin materially reduces current earnings power and leaves less room to absorb weaker demand or cost pressure. Until margins recover sustainably, NOV’s ability to compound earnings and convert growth into shareholder returns remains constrained.
Energy Equipment Orders Below Replacement LevelA book-to-bill below 1.0 indicates that current orders are not fully replacing recognized revenue in this later-cycle segment. Persistent order shortfalls could delay backlog replenishment, prolong the recovery in capital equipment and weigh on utilization and margins.
Subsea Capacity Limits Near-term GrowthStrong subsea demand cannot translate fully into near-term revenue while production capacity is constrained. Delayed deliveries may defer growth, limit customer responsiveness and prevent NOV from capturing all available project opportunities until expansion becomes operational.

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 14 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. Get more investment ideas with TipRanks Premium
          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

                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.

                NOV (NO8) Earnings & Revenues

                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 summaries

                NO8 Revenue Breakdown

                36.96%36.96%35.35%30.39%
                36.96% Wellbore Technologies
                35.35% Completion & Production Solutions
                30.39% Rig Technologies
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                NO8 Stock 12 Month Forecast

                Average Price Target

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