NOV (NOV) Stock Forecast, Price Target & Predictions


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NOV Stock Forecast


NOV (NOV) stock forecast, based on 58 Wall Street analysts, predicts a 12-month average price target of $17.00, with a high of $17.00 and a low of $17.00. This represents a 21.86% increase from the last price of $13.95.

$13 $14 $15 $16 $17 $18 $19 $20 $21 High: $17 Avg: $17 Low: $17 Last Closed Price: $13.95

NOV Stock Rating


NOV stock's rating consensus is Hold, based on 58 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 27 Buy (46.55%), 28 Hold (48.28%), 3 Sell (5.17%), and 0 Strong Sell (0.00%).

Hold
Total 58 3 28 27 0 Strong Sell Sell Hold Buy Strong Buy

NOV Price Target Upside V Benchmarks


TypeNameUpside
StockNOV21.86%
SectorEnergy Stocks 20.48%
IndustryOil & Gas Equipment & Services Stocks17.89%

Price Target Trends


1M3M12M
# Anlaysts-14
Avg Price Target-$17.00$18.50
Last Closing Price$13.95$13.95$13.95
Upside/Downside-21.86%32.62%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 2555101122
Sep, 2555111123
Aug, 2555111123
Jul, 257591224
Jun, 257591224
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 30, 2025Susquehanna$17.00$12.7833.02%21.86%
Apr 15, 2025Stephen GengaroStifel Nicolaus$23.00$12.0191.51%64.87%
Mar 24, 2025Keith MackeyRBC Capital$22.00$15.1245.50%57.71%
Dec 18, 2024David AndersonBarclays$12.00$14.19-15.43%-13.98%
Oct 11, 2024Stephen GengaroStifel Nicolaus$25.00$16.2553.85%79.21%
Oct 10, 2024Phillip JungwirthBMO Capital$20.00$15.9325.55%43.37%
Sep 16, 2024Daniel KutzMorgan Stanley$23.00$15.8645.02%64.87%
Jul 30, 2024David AndersonBarclays$20.00$19.810.96%43.37%
Feb 08, 2023Susquehanna$29.00$23.3124.41%107.89%
Jul 29, 2022Morgan Stanley$19.00$17.538.39%36.20%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2025CitigroupNeutralNeutralhold
Mar 24, 2025RBC CapitalUnderperformOutperformupgrade
Dec 18, 2024Piper SandlerUnderperformNeutralinitialise
Dec 18, 2024BarclaysUnderweightUnderweighthold
Dec 12, 2024Goldman SachsSellSellhold
Oct 28, 2024SusquehannaPositivePositivehold
Oct 28, 2024Cowen & Co.BuyBuyhold
Oct 10, 2024RBC CapitalUnderperformUnderperformhold
Oct 10, 2024BMO CapitalMarket PerformMarket Performhold
Sep 24, 2024Wells FargoUnderweightdowngrade

Financial Forecast


EPS Forecast

$-7 $-5 $-3 $-1 $1 $3 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-6.61$-0.63$0.40$2.53$1.62----
Avg Forecast$-0.14$-0.52$0.71$1.40$1.44$1.47$1.58$1.72$1.84
High Forecast$-0.14$-0.50$0.77$1.45$1.54$1.89$1.96$1.90$1.99
Low Forecast$-0.15$-0.55$0.69$1.36$1.24$1.30$1.35$1.54$1.78
Surprise %4621.43%21.15%-43.66%80.71%12.50%----

Revenue Forecast

$5B $6B $7B $9B $10B $11B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.09B$5.52B$7.24B$8.58B$8.87B----
Avg Forecast$6.11B$5.44B$7.12B$8.50B$8.81B$8.89B$9.12B$9.51B$9.90B
High Forecast$6.35B$5.66B$7.57B$8.53B$8.83B$9.11B$9.13B$9.63B$10.56B
Low Forecast$5.89B$5.25B$6.98B$8.47B$8.77B$8.81B$9.11B$9.40B$9.67B
Surprise %-0.27%1.50%1.65%1.01%0.65%----

Net Income Forecast

$-7B $-5B $-3B $-1B $700M $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-2.54B$-245.00M$155.00M$993.00M$635.00M----
Avg Forecast$-5.38B$-200.26M$62.99M$993.00M$552.64M$563.90M$600.29M$708.00M$728.50M
High Forecast$-4.31B$-160.20M$137.34M$2.30B$611.92M$749.48M$779.38M$753.35M$791.83M
Low Forecast$-6.46B$-240.31M$-11.35M$-311.64M$493.36M$517.31M$535.70M$612.33M$707.23M
Surprise %-52.87%22.34%146.05%-14.90%----

NOV Forecast FAQ


Is NOV stock a buy?

NOV stock has a consensus rating of Hold, based on 58 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 27 Buy, 28 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that NOV is a neutral investment for most analysts.

What is NOV's price target?

NOV's price target, set by 58 Wall Street analysts, averages $17 over the next 12 months. The price target range spans from $17 at the low end to $17 at the high end, suggesting a potential 21.86% change from the previous closing price of $13.95.

How does NOV stock forecast compare to its benchmarks?

NOV's stock forecast shows a 21.86% upside, outperforming the average forecast for the energy stocks sector (20.48%) and outperforming the oil & gas equipment & services stocks industry (17.89%).

What is the breakdown of analyst ratings for NOV over the past three months?

  • October 2025: 22.73% Strong Buy, 22.73% Buy, 45.45% Hold, 4.55% Sell, 4.55% Strong Sell.
  • September 2025: 21.74% Strong Buy, 21.74% Buy, 47.83% Hold, 4.35% Sell, 4.35% Strong Sell.
  • August 2025: 21.74% Strong Buy, 21.74% Buy, 47.83% Hold, 4.35% Sell, 4.35% Strong Sell.

What is NOV’s EPS forecast?

NOV's average annual EPS forecast for its fiscal year ending in December 2025 is $1.47, marking a -9.26% decrease from the reported $1.62 in 2024. Estimates for the following years are $1.58 in 2026, $1.72 in 2027, and $1.84 in 2028.

What is NOV’s revenue forecast?

NOV's average annual revenue forecast for its fiscal year ending in December 2025 is $8.89B, reflecting a 0.19% increase from the reported $8.87B in 2024. The forecast for 2026 is $9.12B, followed by $9.51B for 2027, and $9.9B for 2028.

What is NOV’s net income forecast?

NOV's net income forecast for the fiscal year ending in December 2025 stands at $563.9M, representing a -11.20% decrease from the reported $635M in 2024. Projections indicate $600.29M in 2026, $708M in 2027, and $728.5M in 2028.