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NE Stock Chart & Stats
$45.86
$0.15(0.35%)
At close: 4:00 PM EDT
$45.86
$0.15(0.35%)
Day’s Range― - ―
52-Week Range$26.70 - $54.98
Previous CloseN/A
Volume1.84M
Average Volume (3M)1.36M
Market Cap
$7.33B
Enterprise Value$7.38K
Total Cash (Recent Filing)$456.21M
Total Debt (Recent Filing)$1.89B
Price to Earnings (P/E)47.9
Beta0.96
Next Earnings
Nov 03, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend Yield4.4%
Share Statistics
EPS (TTM)0.95
Shares Outstanding159,642,210
10 Day Avg. Volume1,125,412
30 Day Avg. Volume1,358,017
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
$47.20Price Target Upside2.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.65
Revenue Forecast (FY)$2.90B
Bulls Say, Bears Say
Bulls Say
Large Backlog And Contract AwardsThe substantial backlog provides multi-year revenue visibility and reduces reliance on near-term contract wins. New Asia-Pacific and U.K. North Sea awards also support fleet utilization and demonstrate continued customer demand.
Improving Deepwater Demand And UtilizationTightening deepwater supply-demand conditions can support higher dayrates and utilization over the next several years. Rising demand across Asia-Pacific, West Africa and other regions improves Noble’s ability to redeploy rigs.
Strong Margins And Refinancing BenefitsHealthy operating profitability indicates a scalable contract-drilling model, while the refinancing simplifies the capital structure and should reduce recurring cash costs. Strong operating cash flow further supports financial resilience and capital returns.
Bears Say
Revenue And Earnings PressureLower revenue and EBITDA guidance show that contract timing, operational disruptions and weaker earnings conversion are affecting near-term performance. Continued pressure could reduce cash available for fleet investment, debt reduction and shareholder returns.
Capital-Intensive Cash Flow ProfileLarge maintenance and upgrade requirements can absorb operating cash even when EBITDA remains strong. The 36% TTM free-cash-flow decline and substantial planned capex increase execution risk and limit financial flexibility during weaker utilization periods.
Regulatory And Fleet Execution RiskRegulatory uncertainty in Brazil can prolong downtime, disrupt customer schedules and reduce utilization across affected rigs. The Ocean Apex impairment and scrapping also highlight ongoing fleet-rationalization and asset-execution risks.
Noble Corporation News
NE FAQ
What was Noble Corporation’s price range in the past 12 months?
Noble Corporation lowest stock price was $26.70 and its highest was $54.98 in the past 12 months.
What is Noble Corporation’s market cap?
Noble Corporation’s market cap is $7.33B.
When is Noble Corporation’s upcoming earnings report date?
Noble Corporation’s upcoming earnings report date is Nov 03, 2026 which is in 53 days.
How were Noble Corporation’s earnings last quarter?
Noble Corporation 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 overvalued?
According to Wall Street analysts Noble Corporation’s price is currently Undervalued.
Does Noble Corporation pay dividends?
Noble Corporation pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 4.4%. See more information on Noble Corporation dividends here
What is Noble Corporation’s EPS estimate?
Noble Corporation’s EPS estimate is 0.21.
How many shares outstanding does Noble Corporation have?
Noble Corporation has 159,642,210 shares outstanding.
What happened to Noble Corporation’s price movement after its last earnings report?
Noble Corporation reported an EPS of $0.01 in its last earnings report, missing expectations of $0.153. Following the earnings report the stock price went down -9.069%.
Which hedge fund is a major shareholder of Noble Corporation?
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
Outperform
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$47.20 (2.92% Upside)
$47.20 (2.92% Upside)
Blogger Sentiment
Bullish
NE Sentiment 80%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Increased
By 687.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.8%
Last 30 Days ▲ 16.1%
Last 30 Days ▲ 16.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.23%
12-Months-Change
Fundamentals
Return on Equity
4.40%
Trailing 12-Months
Asset Growth
-5.58%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Noble Corporation
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a cautiously optimistic outlook: near‑term headwinds (notably the Brazil operational suspension, a Q2 impairment, negative free cash flow, and lowered 2026 EBITDA guidance) have produced measurable impacts to results and guidance. Offsetting these challenges are robust backlog ($6.8B), recent contract awards (~$200M), a materially improving deepwater demand environment (high H1 bookings, rising day‑rate trends for longer programs, and strong regional pipelines—especially Asia‑Pacific and West Africa), and a refinancing that simplifies the capital structure and unlocks ~$35M of annual cash benefits. Management expects market‑driven utilization and rates to continue firming into 2027 and forecasts a meaningful earnings inflection by the second half of 2027, suggesting the positives modestly outweigh the immediate negatives.View all NE earnings summariesNE Stock 12 Month Forecast
Average Price Target
$47.20
▲(2.92% Upside)
Technical Analysis
Ownership Overview
0.98% Insiders
29.16% Mutual Funds
21.19% Other Institutional Investors
48.66% Public Companies and
Individual Investors