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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$27.67 - $54.98
Previous CloseN/A
Volume1.84M
Average Volume (3M)1.18M
Market Cap
$7.22B
Enterprise Value$7.38B
Total Cash (Recent Filing)$337.19M
Total Debt (Recent Filing)$1.89B
Price to Earnings (P/E)129.2
Beta0.96
Next Earnings
Feb 17, 2027EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend Yield4.42%
Share Statistics
EPS (TTM)0.35
Shares Outstanding159,642,210
10 Day Avg. Volume1,125,338
30 Day Avg. Volume1,175,084
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 Cap1.02
Enterprise Value/Revenue2.46
Enterprise Value/Gross Profit10.00
Enterprise Value/Ebitda8.14
Forecast
1Y Price Target
$47.60Price Target Upside3.79% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)0.53
Revenue Forecast (FY)$2.89B
Bulls Say, Bears Say
Bulls Say
Backlog VisibilityThe $6.7 billion backlog provides substantial forward revenue visibility and reduces dependence on near-term tendering activity. With $2.6 billion scheduled for 2027 conversion, Noble has a durable base for planning utilization, staffing, maintenance, and capital allocation over the next several quarters.
Deepwater Market PositionNoble’s 99% contracted ultra-deepwater utilization indicates strong positioning in a constrained, technically demanding segment. High utilization supports revenue continuity and gives the company greater leverage to capture improving day rates as customers compete for high-specification drilling capacity.
Fleet CompetitivenessUpgrading all Tier-1 drillships with managed pressure drilling capability and other equipment should strengthen Noble’s ability to compete for complex offshore programs. These investments can expand addressable work, improve marketability, and support utilization and pricing over multiple contract cycles.
Bears Say
Profitability CompressionThe sharp decline in net margin from prior periods shows that Noble’s earnings power has weakened despite remaining operating profitability. Lower margins reduce resilience to contract delays and cost changes, while the recent revenue slowdown increases the risk that recovery will be uneven over coming quarters.
Weak Free Cash FlowThin and volatile free cash flow limits the cash available for debt reduction, dividends, and discretionary investment after operating needs and capital spending. The sharp decline also indicates that higher utilization and contract awards have not yet translated consistently into strong cash generation.
Uncovered Rig CapacityUncovered capacity creates a persistent utilization risk, particularly if customer contracting remains cautious. Idle or partly utilized rigs generate less revenue while still requiring maintenance and operating support, potentially delaying margin recovery and weakening cash returns from Noble’s fleet.
Noble Corporation News
NE FAQ
What was Noble Corporation’s price range in the past 12 months?
Noble Corporation lowest stock price was $27.67 and its highest was $54.98 in the past 12 months.
What is Noble Corporation’s market cap?
Noble Corporation’s market cap is $7.22B.
When is Noble Corporation’s upcoming earnings report date?
Noble Corporation’s upcoming earnings report date is Feb 17, 2027 which is in 112 days.
How were Noble Corporation’s earnings last quarter?
Noble Corporation released its earnings results on Oct 26, 2026. The company reported -$0.57 earnings per share for the quarter, missing the consensus estimate of $0.23 by -$0.8.
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 4.42%. See more information on Noble Corporation dividends here
What is Noble Corporation’s EPS estimate?
Noble Corporation’s EPS estimate is -0.02.
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 -$0.57 in its last earnings report, missing expectations of $0.23. Following the earnings report the stock price went down -5.417%.
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
Underperform
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Analyst Consensus
Hold
Average Price Target:
$47.60 (3.79% Upside)
$47.60 (3.79% Upside)
Blogger Sentiment
Neutral
NE Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 687.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.6%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
News Sentiment
Bearish
Bullish news 33%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Negative
20 days / 200 days
Momentum
55.84%
12-Months-Change
Fundamentals
Return on Equity
1.20%
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
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive. Noble reported a $6.7 billion backlog, approximately $560 million of recent awards, 99% contracted utilization across marketed ultra-deepwater rigs, improving day rates, stronger Norwegian jackup coverage, and materially higher contracted capacity for the second half of 2027. These positives outweighed the sequential Adjusted EBITDA decline, negative free cash flow, higher capital expenditure guidance, delayed contract starts, remaining open rig capacity, and the lack of a commodity-price-driven demand response.View all NE earnings summariesNE Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$47.60
▲(3.79% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.98% Insiders
29.16% Mutual Funds
2.26% Other Institutional Investors
67.60% Public Companies and
Individual Investors








