How to Buy Noble Stock
Noble Corp PLC
Noble is a oil & gas drilling company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker NE on the NYSE exchange.
Noble stock last closed at $29.11, up 0.14% from the previous day, and has decreased 35.05% in one year. It has underperformed other stocks in the Oil & Gas Drilling industry by 0.02 percentage points. Noble stock is currently +67.3% from its 52-week low of $17.40, and -40.27% from its 52-week high of $48.74.
At the moment, there are 158.78M shares of NE outstanding. The market value of NE is $4.62B. In the last 24 hours, 2.5M NE shares were traded.
How to Buy Noble Stock
Not sure how to invest in Noble stock? Here's how.
- Figure out where to buy Noble stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Noble stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your information.
- Evaluate Noble stock: The Noble ticker symbol is NE. Is Noble stock a good investment? Should you buy shares of NE? How do NE's underlying business fundamentals look? Do top analysts think Noble is a good buy? Why has NE's stock price moved recently? (Hint: Our stock research tools can help you decide if NE is a good stock to buy).
- Execute your NE purchase: Decide if you will purchase NE shares at the current market price or use a limit order to purchase NE shares at a specific price.
- Track your investment in NE: Create a watchlist to the latest updates on your new investment in Noble stock.
Step 1: Figure out where to buy Noble stock
You will need a brokerage account to access the NYSE market and buy NE stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in NE stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Evaluate Noble stock
Once you have identified the best place to buy Noble stock, it's important to analyze their stock prior to investing, so you truly understand the risk as well as the upside.
Noble stock quick numbers
Fundamentals of NE
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NE's stock page.
What is the fair value of NE stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NE's fair value.
Using relative valuations ratios:
- NE may be overvalued based on its P/E ratio of 9.58x, relative to Oil & Gas Drilling industry P/E ratio of 3.14x
- NE could be overvalued based on its P/B ratio of 0.99x, relative to Oil & Gas Drilling industry P/B ratio of 0.65x
You can do additional valuation analysis on NE's stock here.
NE Financial Health Summary
Passed Financial Due Diligence Checks:
- NE earnings of $672.91M is not sufficient to cover its interest payments.
- NE's operating cash flow of $797.85M allows it to safely service it's debt of $1.98B.
- There are more short-term assets than short-term liabilities on the NE balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the NE balance sheet.
- NE has a relatively high debt to equity ratio of 0.7.
- NE profit margin has gone down from 17.9% to 14% in the past year.
Do analysts think it's a good time to buy NE stock
Out of 6 Wall Street analysts who give ratings on NE, the consensus analyst rating on NE is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest NE Analyst Upgrades/Downgrades
James West, a top 6% analyst from Evercore ISI Group downgrades NE to a hold rating and lowers their NE price target from $64.00 to $41.00, on Jan 15, 2025.
Evercore ISI Group's James West downgraded their rating on Noble (NYSE: NE) from Buy to Hold on 2025/01/15. The analyst also lowered their price target by 35.9% from $64 to $41.
West downgraded Noble Corp. in a 2025 preview of names in their Oilfield Services portfolio.
Stocks in the group have been grappling with the "dual negatives" of a low-growth North America characterized by a "rapidly consolidating customer base and capital restraint internationally that have ended any semblance of a coordinated global upcycle for the industry."
These headwinds have been worsened by the "wobble" in 2H 2024 oil prices, the analyst continued.
Further, Evercore ISI Group's global E&P spending survey indicates flat spending in 2025, leading their firm to cut its FY 2025 estimates by 10% across the sector to reflect the more cautious spending outlook, West said.
The analyst added that their firm downgraded seven names in the group besides Noble Corp.
You can dive deeper into what analysts are saying on the Noble stock forecast page.
NE Technicals
NE Revenue
Last year, NE earnings were $461.18M. In the past three year, NE's earnings have grown by 104.03% per year. This was faster than the Oil & Gas Drilling industry average of 27.01%.
Last year, NE revenue was $3.30B. During the past three year, NE's revenue has gone up by 139.42% per year. This was faster than the Oil & Gas Drilling industry average of 42.8%.
You can research NE's earnings and revenue performance here.
Who is buying/selling NE?
Over the last year, insiders at NE have bought more shares than they have sold.
Jennie Howard, SVP Gen. Counsel Corp. Sec. of NE, was the latest NE insider to sell. They sold $19,521.28 worth of NE shares on Apr 1, 2025.
Research more about who owns NE stock here.
Does NE provide a stable income stream?
Noble pays a dividend of 3.44%, compared to the Oil & Gas Drilling industry's average dividend yield of 4.46%. If you owned $1,000 of NE stock, you would have received $34.35 in the past 12 months.
Get more info about Noble dividend yield and history here.
What others are saying about NE
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your NE purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and eToro will place the order.
If you require more help with buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in NE
Now that you own some NE stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to get the latest updates about your NE stock.
NE Feed
How to Buy Stock in Noble
To reiterate, here are the 6 steps for buying Noble stock:
- Figure out where to buy Noble stock
- Create your brokerage account
- Fund your investment account
- Evaluate Noble stock
- Execute your NE purchase
- Track your investment in NE
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Noble, create your watchlist below.
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