NOV Inc. (NOV) Stock Forecast & Price Prediction

Estimation of the future price movement of NOV Inc. stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $18.75

Concensus $19.25


Low $12.00

Median $19.00

High $29.00

Based on analysts projections #NOV is expected to experience a positive growth trajectory over the next year.

The current average NOV price target, as estimated by these analysts, is $19.25.

The predictions for the future NOV stock price range from a low of $12.00 to a high of $29.00, highlighting the variability of market expectations for NOV.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

NOV stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
Susquehanna February 8, 2023 Buy 29.00 23.31
Morgan Stanley July 29, 2022 Buy 19.00 17.53
Morgan Stanley July 13, 2022 Sell 18.00 14.73
Goldman Sachs July 13, 2022 Sell 16.00 14.88
Barclays June 8, 2022 Buy 22.00 21.45
Barclays May 2, 2022 Buy 20.00 18.68
James West
Evercore ISI
February 4, 2022 Buy 22.00 16.17
Marc Bianchi
Cowen & Co.
December 9, 2021 Buy 19.00 13.49
Connor Lynagh
Morgan Stanley
October 11, 2021 Sell 17.00 14.43
Phillip Jungwirth
BMO Capital
July 19, 2021 Sell 15.00 13.15
Vaibhav Vaishnav
Coker Palmer
May 4, 2021 Sell 12.00 15.46

NOV Inc. (NOV) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if NOV Inc. is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Strong Buy

Financial Scores

Updated on: 06/12/2023

Altman Z-Score: 2.1

Piotroski Score: 5.0

ESG Score

Updated on: 06/12/2023

Environmental: 61.8

Social: 49.6

Governance: 60.3

Financial Health

Updated on: 06/12/2023

DCF: Strong Buy

ROE: Neutral

ROA: Neutral

Debt to equity ratio: Buy

Price to earnings ratio: Strong Buy

Price to book ratio: Strong Buy

NOV Discounted Cash Flow

Updated on: 06/12/2023

$22.893
Discounted Cash Flow Value


$18.750
Current Price

NOV Revenues by Segment

Updated on: 06/12/2023

Product
$48,730,000.00
Rental
$8,820,000.00
Service
$14,820,000.00

Revenue from Contract with Customer, Excluding Assessed Tax

NOV Revenues by Region

Updated on: 06/12/2023

BRAZIL
$4,950,000.00
CANADA
$2,770,000.00
CHINA
$2,960,000.00
Korea (South), Won
$880,000.00
Norway, Krone
$3,510,000.00
Other Countries
$21,520,000.00
SAUDI ARABIA
$4,880,000.00
SINGAPORE
$1,310,000.00
UNITED ARAB EMIRATES
$1,570,000.00
UNITED STATES
$26,030,000.00

NOV Notes Due

Updated on: 06/12/2023

CIKExchangeTitle

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NOV Inc. (NOV) Social Sentiments

Monitoring bullish and bearish sentiments towards NOV Inc. on Twitter and Stocktwits could help to forecast an upward or downward trend in NOV Inc. stock price.

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