NOV (NOV) Stock Price, News & Analysis

Company Overview

National Oilwell Varco (NYSE: NOV) is a leading provider of equipment and technology to the oil and gas industry. The company designs, manufactures and services an extensive portfolio of products used in drilling, completion and production operations. Its offerings include drilling rigs and related components, wellbore technologies such as tubulars and completion tools, surface equipment including mud pumps and blowout preventers, and aftermarket parts and services that support ongoing field operations.

NOV’s business is organized to serve upstream energy companies around the world. Through its Rig Systems segment, the company delivers complete drilling solutions—ranging from rigs and derricks to top drives and automated drilling controls. Its Wellbore Technologies division provides a broad array of downhole tubulars, tubular handling systems, and wellhead and pressure control equipment. To enhance operational efficiency and reliability, NOV also offers digital and remote monitoring solutions that integrate data analytics with field operations.

Founded in 2005 through the merger of National Oilwell and Varco International, NOV is headquartered in Houston, Texas, and maintains a global footprint with manufacturing, service and rental facilities across North America, Latin America, Europe, the Middle East and the Asia-Pacific region. The company’s global network enables it to support both onshore and offshore activities, from shallow water rigs to deepwater exploration platforms.

Under the leadership of President and Chief Executive Officer Clay C. Williams, NOV continues to invest in research, technology and strategic partnerships aimed at reducing drilling costs and improving safety and environmental performance. The company’s extensive aftermarket service network and engineering expertise position it as a key partner to energy companies seeking to optimize performance throughout the life cycle of their assets.

Key Stats

• Today's Range: $20.50 to $20.89
• 50-Day Range: $18.21 to $21.18
• 52-Week Range: $11.65 to $21.38
• Volume: 995,339 shs
• Average Volume: 4.90 million shs
• Market Capitalization: $7.47 billion
• P/E Ratio: 86.83
• Dividend Yield: 1.73%
• Price Target: $19.36
• Consensus Rating: Hold

NOV Stock Analysis - MarketRank™

NOV scored higher than 52% of companies evaluated by MarketBeat, and ranked 150th out of 248 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

NOV has received a consensus rating of Hold. The company's average rating score is 2.12, and is based on 1 strong buy rating, 3 buy ratings, 10 hold ratings, and 3 sell ratings.

Downside Risk

NOV has a consensus price target of $19.36, representing about 6.4% downside from its current price of $20.68.

Amount of Analyst Coverage

NOV has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 42.86%

Earnings Growth

Earnings for NOV are expected to grow by 42.86% in the coming year, from $0.91 to $1.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NOV is 86.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of NOV is 86.20, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.23.

Price to Book Value per Share Ratio

NOV has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.68% of the float of NOV has been sold short.

Short Interest Ratio / Days to Cover

NOV has a short interest ratio ("days to cover") of 5.15.

Change versus previous month

Short interest in NOV has recently increased by 0.04%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

NOV pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

NOV has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of NOV is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, NOV will have a dividend payout ratio of 27.69% next year. This indicates that NOV will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.27

News Sentiment

NOV has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for NOV this week, compared to 12 articles on an average week.

Search Interest

12 people have searched for NOV on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

2 people have added NOV to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NOV insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,453,005.00 in company stock.

Percentage Held by Insiders

1.15% of the stock of NOV is held by insiders.

Percentage Held by Institutions

93.27% of the stock of NOV is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 3/27 Dividend: 3/13/2026
• Ex-Dividend for 3/27 Dividend: 3/13/2026
• Dividend Payable: 3/27/2026
• Last Earnings: 4/27/2026
• Today: 5/22/2026
• Record date for 6/26 Dividend: 6/12/2026
• Ex-Dividend for 6/26 Dividend: 6/12/2026
• Dividend Payable: 6/26/2026
• Next Earnings (Estimated): 7/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL FLD MCH&EQP
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:NOV
• CIK: 1021860
• Web: www.nov.com
• Phone: (346) 223-3000
• Fax: 713-375-3994
• Employees: 31,605
• Year Founded: 1862

Price Target and Rating

• Average Price Target for NOV: $19.36
• High Price Target: $24.00
• Low Price Target: $10.00
• Potential Upside/Downside: -7.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.12
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.24
• Trailing P/E Ratio: 86.67
• Forward P/E Ratio: 22.87
• P/E Growth: N/A
• Net Income: $145 million
• Net Margins: 1.05%
• Pretax Margin: 3.32%
• Return on Equity: 3.34%
• Return on Assets: 1.90%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.47
• Quick Ratio: 1.66

Sales & Book Value

• Annual Sales: $8.74 billion
• Price / Sales: 0.85
• Cash Flow: $1.77 per share
• Price / Cash Flow: 11.76
• Book Value: $17.47 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 358,890,000
• Free Float: 354,761,000
• Market Cap: $7.47 billion
• Optionable: Optionable
• Beta: 0.92