NOV (NO8) Stock Price & Analysis
NO8 Stock Chart & Stats
- Day’s Range
- EUR 17.30 - EUR 17.60
- 52-Week Range
- EUR 12.24 - EUR 18.90
- Previous Close
- EUR 17.30
- Volume
- 0
- Average Volume (3M)
- 10
- Market Cap
- EUR 6.16B
- Enterprise Value
- EUR 8.06B
- Total Cash (Recent Filing)
- EUR 1.06B
- Total Debt (Recent Filing)
- EUR 2.32B
- Price to Earnings (P/E)
- 48.2
- Beta
- 0.33
- Next Earnings
- Feb 04, 2027 (Est.)
- EPS Estimate
- 0.27
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 2.15%
Bulls Say, Bears Say
Bulls Say
Revenue Growth
Strong TTM revenue growth indicates that NOV is benefiting from improved demand and activity across its equipment, technology, and service offerings. If sustained, broader volume and customer adoption can support operating leverage, reinforce market relevance, and provide a foundation for stronger earnings over the next several quarters.
Backlog And Offshore Demand
A substantial backlog and improving offshore drilling activity provide visible demand beyond the current quarter. The combination of contracted work, high utilization, and additional upgrade opportunities can support revenue continuity, improve planning confidence, and strengthen NOV’s position in technically demanding markets.
Balance Sheet
Manageable and improving leverage gives NOV financial flexibility while it funds equipment development, services, and working-capital needs. A sizable equity base and broadly stable total debt reduce balance-sheet pressure, allowing the company to participate in recovery opportunities without relying heavily on additional borrowing.
Bears Say
Margin Compression
The sharp decline in net and operating margins shows that recent revenue growth has not translated proportionally into earnings. Persistent margin pressure would reduce operating leverage, weaken returns on the company’s asset base, and limit the cash available for reinvestment, dividends, or other capital allocation priorities.
Weaker Cash Conversion
Positive cash flow remains a strength, but the recent deterioration in free cash flow and conversion indicates that earnings are producing less distributable cash. If working-capital and reinvestment demands remain elevated, NOV may have less flexibility to fund growth internally and sustain shareholder returns through the cycle.
Order And Pricing Pressure
A book-to-bill ratio below one indicates that incoming Energy Equipment orders are not yet replacing revenue at the same pace, creating a risk to future backlog replenishment. Limited pricing improvement compounds that issue by restricting the company’s ability to offset costs and rebuild margins across traditional markets.
NOV News
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NOV Stock 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.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Jose A. Bayardo
- Employees
- 31,605
- Website
- www.nov.com
- Address
- 10353 Richmond Avenue, Houston, TX, 77042-4103, US
NOV (NO8) Earnings & Revenues
NO8 Company Deck
NO8 Earnings Call
Earnings Call SentimentPositive
The call was strongly constructive. NOV reported higher revenue, improved adjusted EBITDA and margins, broad technology and backlog growth, strong offshore market indicators, and increasing confidence in its $1.5 billion annual EBITDA capacity. The main challenges were Middle East security and logistics disruptions, near-term pressure on Energy Equipment revenue and bookings, higher freight costs, a third-quarter free cash flow use, and incomplete pricing and margin recovery. The breadth of operational improvements and market opportunities significantly outweighed the stated headwinds.
View all DE:NO8 earnings summariesNO8 Net sales Breakdown
- 36.96% Wellbore Technologies
- 35.35% Completion & Production Solutions
- 30.39% Rig Technologies
NO8 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 10 | 5 | 7 |
| Technical Analysis | 4 | 5 | 1 |
| Moving Averages | 6 | 0 | 6 |
