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NYSE: NOV
Nov Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NOV

Based on 7 analysts offering 12 month price targets for Nov Inc.
Min Forecast
$22.00+18.98%
Avg Forecast
$24.86+34.43%
Max Forecast
$26.00+40.62%

Should I buy or sell NOV stock?

Based on 7 analysts offering ratings for Nov Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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

NOV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-29
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-06
lockedlocked$00.00+00.00%2024-02-05
Raymond James
Top 12%
89
BuyMaintains$25.00+35.21%2024-02-05
JP Morgan
Top 10%
91
Strong BuyUpgrades$25.00+35.21%2023-12-08

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Forecast return on equity

Is NOV forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.22%

Forecast return on assets

Is NOV forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NOV revenue forecast

What is NOV's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$9.1B+3.73%
Avg 2 year Forecast
$9.7B+10.75%
Avg 3 year Forecast
$10.4B+18.3%
NOV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NOV earnings growth forecast

How is NOV forecast to perform vs Oil & Gas Equipment & Services companies and vs the US market?
Company
-64.22%
Industry
8.56%
Market
28.24%
NOV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NOV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NOV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NOV revenue growth forecast

How is NOV forecast to perform vs Oil & Gas Equipment & Services companies and vs the US market?
Company
5.3%
Industry
8%
Market
9.12%
NOV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NOV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NOV vs Oil & Gas Equipment & Service Stocks

TickerPricePrice TargetUp/downsideConsensus
NOV$18.49$24.86+34.43%Strong Buy
CHX$33.57$39.00+16.18%Buy
WFRD$123.62$151.88+22.86%Strong Buy
TDW$91.85$95.67+4.16%Strong Buy
VAL$65.06$99.00+52.17%Strong Buy
View Top Oil & Gas Equipment & Service Stocks

Nov Stock Forecast FAQ

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

The consensus among 7 Wall Street analysts covering (NYSE: NOV) stock is to Strong Buy NOV stock.

Out of 7 analysts, 4 (57.14%) are recommending NOV as a Strong Buy, 1 (14.29%) are recommending NOV as a Buy, 2 (28.57%) are recommending NOV as a Hold, 0 (0%) are recommending NOV as a Sell, and 0 (0%) are recommending NOV as a Strong Sell.

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

What is NOV's revenue growth forecast for 2024-2026?

(NYSE: NOV) Nov's forecast annual revenue growth rate of 5.3% is not forecast to beat the US Oil & Gas Equipment & Services industry's average forecast revenue growth rate of 8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.12%.

Nov's revenue in 2024 is $8,776,000,000.On average, 8 Wall Street analysts forecast NOV's revenue for 2024 to be $3,600,547,758,456, with the lowest NOV revenue forecast at $3,566,171,730,693, and the highest NOV revenue forecast at $3,634,579,669,959. On average, 9 Wall Street analysts forecast NOV's revenue for 2025 to be $3,844,273,834,851, with the lowest NOV revenue forecast at $3,749,364,197,135, and the highest NOV revenue forecast at $3,948,239,663,242.

In 2026, NOV is forecast to generate $4,106,330,232,896 in revenue, with the lowest revenue forecast at $4,077,892,781,600 and the highest revenue forecast at $4,123,857,616,606.

What is NOV's forecast return on assets (ROA) for 2024-2026?

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

What is NOV's Price Target?

According to 7 Wall Street analysts that have issued a 1 year NOV price target, the average NOV price target is $24.86, with the highest NOV stock price forecast at $26.00 and the lowest NOV stock price forecast at $22.00.

On average, Wall Street analysts predict that Nov's share price could reach $24.86 by Apr 29, 2025. The average Nov stock price prediction forecasts a potential upside of 34.43% from the current NOV share price of $18.49.

What is NOV's forecast return on equity (ROE) for 2024-2026?

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