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NE Stock Chart & Stats
$43.26
$0.15(0.35%)
At close: 4:00 PM EDT
$43.26
$0.15(0.35%)
Day’s Range― - ―
52-Week Range$25.24 - $54.98
Previous CloseN/A
Volume1.84M
Average Volume (3M)1.68M
Market Cap
$6.90B
Enterprise Value$9.18K
Total Cash (Recent Filing)$662.65M
Total Debt (Recent Filing)$1.92B
Price to Earnings (P/E)29.8
Beta1.08
Next Earnings
Nov 03, 2026EPS Estimate
0.26Next Dividend Ex-DateN/A
Dividend Yield5.8%
Share Statistics
EPS (TTM)1.45
Shares Outstanding159,545,940
10 Day Avg. Volume1,504,271
30 Day Avg. Volume1,680,789
Financial Highlights & Ratios
PEG Ratio-0.38
Price to Book (P/B)0.99
Price to Sales (P/S)1.37
P/FCF Ratio10.38
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$48.00Price Target Upside10.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)1.08
Revenue Forecast (FY)$2.95B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistently positive operating and free cash flow provides durable internal funding for dividends, debt paydowns, and targeted reactivations. Strong cash conversion versus earnings improves financial resilience in a cyclical offshore market and supports capital allocation over the next several quarters.
Large Contracted Backlog & EBITDA CoverageA $7.5B backlog with a substantial portion scheduled to convert gives multi-period revenue visibility and downside protection. With the low end of 2026 adjusted EBITDA already contracted, near-term earnings are less exposed to spot cycles, supporting cash generation and planning over 2–6 months.
Fleet Competitiveness And Tech UpgradesInvestment in higher-spec drillships, MPD systems and automation enhances contract competitiveness and operational efficiency. Higher-spec assets command better dayrates and win work in tighter floater markets, supporting sustainable margins and customer preference over the medium term.
Bears Say
Increased Leverage Vs Prior YearsHigher leverage relative to 2022–2023 reduces financial flexibility in a capital-intensive, cyclical industry. Increased fixed interest obligations constrain ability to pursue opportunistic investment or absorb demand shocks, making performance more sensitive to revenue and dayrate swings.
Recent Revenue Decline And Margin PressureA pause in revenue growth and sustained margin compression point to mix shifts or pricing pressure. If persistent, these trends erode free cash flow and return on equity, limiting reinvestment capacity and weakening cushion against cyclical downturns over the coming quarters.
Customer/regional ConcentrationHeavy reliance on a single customer/region concentrates revenue and operational risk. Changes in Petrobras contracting cadence or policy could materially affect utilization and dayrates, reducing predictability and increasing downside risk in the medium term.
Noble Corporation News
NE FAQ
What was Noble Corporation PLC’s price range in the past 12 months?
Noble Corporation PLC lowest stock price was $25.24 and its highest was $54.98 in the past 12 months.
What is Noble Corporation PLC’s market cap?
Noble Corporation PLC’s market cap is $6.90B.
When is Noble Corporation PLC’s upcoming earnings report date?
Noble Corporation PLC’s upcoming earnings report date is Nov 03, 2026 which is in 98 days.
How were Noble Corporation PLC’s earnings last quarter?
Noble Corporation PLC released its earnings results on Jul 27, 2026. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.153 by -$0.143.
Is Noble Corporation PLC overvalued?
According to Wall Street analysts Noble Corporation PLC’s price is currently Undervalued.
Does Noble Corporation PLC pay dividends?
Noble Corporation PLC pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 5.8%. See more information on Noble Corporation PLC dividends here
What is Noble Corporation PLC’s EPS estimate?
Noble Corporation PLC’s EPS estimate is 0.26.
How many shares outstanding does Noble Corporation PLC have?
Noble Corporation PLC has 159,545,940 shares outstanding.
What happened to Noble Corporation PLC’s price movement after its last earnings report?
Noble Corporation PLC reported an EPS of $0.01 in its last earnings report, missing expectations of $0.153. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Noble Corporation PLC?
Currently, no hedge funds are holding shares in NE
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
Noble Corporation Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$48.00 (10.96% Upside)
$48.00 (10.96% Upside)
Blogger Sentiment
Bullish
NE Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 175.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
News Sentiment
Bearish
Bullish news 33%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.19%
12-Months-Change
Fundamentals
Return on Equity
5.80%
Trailing 12-Months
Asset Growth
-5.46%
Trailing 12-Months
Company Description
Noble Corporation PLC
Operating globally through its subsidiaries, Noble Corporation Plc functions as an offshore drilling contractor for the oil and gas sector. The company delivers essential contract drilling services, leveraging its diverse fleet of mobile offshore units. As of February 16, 2022, this fleet comprised 20 offshore drilling units, specifically consisting of 12 floaters and 8 jackups. Established in 1921, Noble Corporation, formerly known as Noble Holding Corporation plc, maintains its headquarters in Sugar Land, Texas.
NE Company Deck
NE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasizes solid financial and operational results in Q1—strong adjusted EBITDA, free cash flow, a $7.5 billion backlog, and multiple contract awards—supported by industry-wide tightening (95% UDW utilization) and growing tender pipelines (+33% YoY). Management is executing reactivations, maintaining dividends, and taking actionable balance sheet steps (jackup sale proceeds, debt redemption, BOP buyouts that yield ~$25M annual EBITDA benefit). Lowlights are limited and largely discrete: a ~$15M hit from an early termination of the Mick O’Brien, a near-term dayrate reduction on a blended Courage extension, modest CapEx increase ($25M), supply-chain/timing pressures, and some concentration in Petrobras-driven contracting. Overall, positives materially outweigh the negatives, with management optimistic about 2027 and market-driven dayrate upside.View all NE earnings summariesNE Stock 12 Month Forecast
Average Price Target
$48.00
▲(10.96% Upside)
Technical Analysis
Ownership Overview
0.99% Insiders
29.18% Mutual Funds
1.62% Other Institutional Investors
68.21% Public Companies and
Individual Investors