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NYSE: DRQ
Dril Quip Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DRQ

Based on 2 analysts offering 12 month price targets for Dril Quip Inc.
Min Forecast
$22.00+15.18%
Avg Forecast
$31.00+62.3%
Max Forecast
$40.00+109.42%

Should I buy or sell DRQ stock?

Based on 2 analysts offering ratings for Dril Quip Inc.
Sell
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 50%

Be the first to know when Wall Street analysts revise their DRQ stock forecasts and price targets.

DRQ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-28

1 of 1

Forecast return on equity

Is DRQ forecast to generate an efficient return?
Company
N/A
Industry
18.37%
Market
29.75%

Forecast return on assets

Is DRQ forecast to generate an efficient return on assets?
Company
N/A
Industry
7.63%

DRQ revenue forecast

What is DRQ's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$491.7M+15.95%
Avg 2 year Forecast
$532.0M+25.45%
DRQ's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DRQ revenue growth forecast

How is DRQ forecast to perform vs Oil & Gas Equipment & Services companies and vs the US market?
Company
15.95%
Industry
8.55%
Market
13.23%
DRQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DRQ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DRQ vs Oil & Gas Equipment & Service Stocks

TickerPricePrice TargetUp/downsideConsensus
DRQ$19.10$31.00+62.30%Sell
NR$7.26$10.75+48.07%Strong Buy
EFXT$5.72N/AN/A
NOA$21.42N/AN/A
TTI$4.45$7.50+68.54%Strong Buy
View Top Oil & Gas Equipment & Service Stocks

Dril Quip Stock Forecast FAQ

Is Dril Quip Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: DRQ) stock is to Sell DRQ stock.

Out of 2 analysts, 0 (0%) are recommending DRQ as a Strong Buy, 1 (50%) are recommending DRQ as a Buy, 0 (0%) are recommending DRQ as a Hold, 0 (0%) are recommending DRQ as a Sell, and 1 (50%) are recommending DRQ as a Strong Sell.

If you're new to stock investing, here's how to buy Dril Quip stock.

What is DRQ's revenue growth forecast for 2024-2025?

(NYSE: DRQ) Dril Quip's forecast annual revenue growth rate of 15.95% is forecast to beat the US Oil & Gas Equipment & Services industry's average forecast revenue growth rate of 8.55%, and it is also forecast to beat the US market's average forecast revenue growth rate of 13.23%.

Dril Quip's revenue in 2024 is $424,060,000.On average, 1 Wall Street analysts forecast DRQ's revenue for 2024 to be $16,921,317,580, with the lowest DRQ revenue forecast at $16,921,317,580, and the highest DRQ revenue forecast at $16,921,317,580.

In 2025, DRQ is forecast to generate $18,308,197,992 in revenue, with the lowest revenue forecast at $18,308,197,992 and the highest revenue forecast at $18,308,197,992.

What is DRQ's forecast return on assets (ROA) for 2024-2025?

(NYSE: DRQ) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Equipment & Services industry average of 7.63%.

What is DRQ's Price Target?

According to 2 Wall Street analysts that have issued a 1 year DRQ price target, the average DRQ price target is $31.00, with the highest DRQ stock price forecast at $40.00 and the lowest DRQ stock price forecast at $22.00.

On average, Wall Street analysts predict that Dril Quip's share price could reach $31.00 by Feb 28, 2025. The average Dril Quip stock price prediction forecasts a potential upside of 62.3% from the current DRQ share price of $19.10.

What is DRQ's forecast return on equity (ROE) for 2024-2025?

(NYSE: DRQ) forecast ROE is N/A, which is considered weak.
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