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NYSE: NE
Noble Corp PLC Stock Forecast, Predictions & Price Target

Analyst price target for NE

Based on 4 analysts offering 12 month price targets for Noble Corp PLC.
Min Forecast
$49.00+6.99%
Avg Forecast
$57.25+25%
Max Forecast
$61.00+33.19%

Should I buy or sell NE stock?

Based on 4 analysts offering ratings for Noble Corp PLC.
Strong Buy
Strong Buy
3 analysts 75%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-06-11
lockedlocked$00.00+00.00%2024-05-08
lockedlocked$00.00+00.00%2024-03-05
lockedlocked$00.00+00.00%2024-02-14

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Forecast return on equity

Is NE forecast to generate an efficient return?
Company
19.49%
Industry
14.7%
Market
42.03%
NE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NE forecast to generate an efficient return on assets?
Company
14.03%
Industry
7.82%
NE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NE earnings per share forecast

What is NE's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.58+6.87%
Avg 2 year Forecast
$5.34+59.4%
NE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NE revenue forecast

What is NE's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$2.8B+5.85%
Avg 2 year Forecast
$3.2B+23.32%
NE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NE earnings growth forecast

How is NE forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
6.87%
Industry
-2.68%
Market
34.84%
NE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NE revenue growth forecast

How is NE forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
5.85%
Industry
11.28%
Market
11.75%
NE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NE vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
NE$45.80$57.25+25.00%Strong Buy
RIG$5.68$7.00+23.24%Buy
PTEN$10.44$14.86+42.31%Strong Buy
SDRL$51.29$71.00+38.43%Strong Buy
HP$35.23$42.00+19.22%Hold

Noble Stock Forecast FAQ

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

The consensus among 4 Wall Street analysts covering (NYSE: NE) stock is to Strong Buy NE stock.

Out of 4 analysts, 3 (75%) are recommending NE as a Strong Buy, 0 (0%) are recommending NE as a Buy, 1 (25%) are recommending NE as a Hold, 0 (0%) are recommending NE as a Sell, and 0 (0%) are recommending NE as a Strong Sell.

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

What is NE's earnings growth forecast for 2024-2025?

(NYSE: NE) Noble's forecast annual earnings growth rate of 6.87% is forecast to beat the US Oil & Gas Drilling industry's average forecast earnings growth rate of -2.68%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 34.84%.

Noble's earnings in 2024 is $469,320,000.On average, 2 Wall Street analysts forecast NE's earnings for 2024 to be $511,298,485, with the lowest NE earnings forecast at $479,877,908, and the highest NE earnings forecast at $542,719,063.

In 2025, NE is forecast to generate $762,663,104 in earnings, with the lowest earnings forecast at $762,663,104 and the highest earnings forecast at $762,663,104.

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

(NYSE: NE) Noble's forecast annual revenue growth rate of 5.85% is not forecast to beat the US Oil & Gas Drilling industry's average forecast revenue growth rate of 11.28%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.75%.

Noble's revenue in 2024 is $2,616,048,000.On average, 1 Wall Street analysts forecast NE's revenue for 2024 to be $395,470,811,814, with the lowest NE revenue forecast at $395,470,811,814, and the highest NE revenue forecast at $395,470,811,814.

In 2025, NE is forecast to generate $460,739,920,156 in revenue, with the lowest revenue forecast at $460,739,920,156 and the highest revenue forecast at $460,739,920,156.

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

(NYSE: NE) forecast ROA is 14.03%, which is higher than the forecast US Oil & Gas Drilling industry average of 7.82%.

What is NE's Price Target?

According to 4 Wall Street analysts that have issued a 1 year NE price target, the average NE price target is $57.25, with the highest NE stock price forecast at $61.00 and the lowest NE stock price forecast at $49.00.

On average, Wall Street analysts predict that Noble's share price could reach $57.25 by Jun 11, 2025. The average Noble stock price prediction forecasts a potential upside of 25% from the current NE share price of $45.80.

What is NE's Earnings Per Share (EPS) forecast for 2024-2025?

(NYSE: NE) Noble's current Earnings Per Share (EPS) is $3.35. On average, analysts forecast that NE's EPS will be $3.58 for 2024, with the lowest EPS forecast at $3.36, and the highest EPS forecast at $3.80. In 2025, NE's EPS is forecast to hit $5.34 (min: $5.34, max: $5.34).

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

(NYSE: NE) forecast ROE is 19.49%, which is considered weak.
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