NOV (NOV) Stock Price, News & Analysis

Company Overview

NOV Inc. is a global provider of equipment, technologies and services used in the oil and gas industry and related energy markets. The company supplies products for drilling, well construction, completion, production and maintenance activities across the energy value chain.

NOV’s offerings include land and offshore drilling rigs, rig equipment, hoisting systems, top drives, mud pumps, drill bits, downhole tools, wellbore technologies, completion equipment and production systems. Its technologies are used by exploration and production companies, drilling contractors and oilfield service providers in onshore and offshore operations.

The company serves customers in major energy-producing regions around the world, including North America, South America, Europe, the Middle East, Africa and Asia-Pacific. NOV was formed in 2005 through the merger of National Oilwell and Varco and is headquartered in Houston, Texas. In addition to its traditional oilfield markets, the company develops technologies for adjacent applications such as geothermal energy, carbon capture and other lower-carbon energy projects.

Key Stats

• Today's Range: $18.79 to $19.76
• 50-Day Range: $18.75 to $21.72
• 52-Week Range: $12.28 to $21.93
• Volume: 4.45 million shs
• Average Volume: 3.18 million shs
• Market Capitalization: $6.96 billion
• P/E Ratio: 75.14
• Dividend Yield: 1.84%
• Price Target: $21.23
• Consensus Rating: Hold

NOV Stock Analysis - MarketRank™

NOV scored higher than 55% of companies evaluated by MarketBeat, and ranked 147th out of 249 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: 2.8 / 5
• Analyst Rating: Hold

Consensus Rating

NOV has received a consensus rating of Hold. The company's average rating score is 2.19, and is based on no strong buy ratings, 5 buy ratings, 9 hold ratings, and 2 sell ratings.

Upside/Downside

The consensus price target for NOV is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

NOV has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 32.32%

Earnings Growth

Earnings for NOV are expected to grow by 32.32% in the coming year, from $0.99 to $1.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NOV is 75.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of NOV is 75.14, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 20.28.

Price to Book Value per Share Ratio

NOV has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.77% 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 10.26, which indicates bearish sentiment.

Change versus previous month

Short interest in NOV has recently increased by 9.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

NOV pays a meaningful dividend of 1.90%, 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 138.46%. 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 27.48% next year. This indicates that NOV will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.38

News Sentiment

NOV has a news sentiment score of 0.38. 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 lower news sentiment than the 0.69 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for NOV this week, compared to 9 articles on an average week.

Search Interest

7 people have searched for NOV on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

MarketBeat Follows

3 people have added NOV to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $184,301.00 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

• Last Earnings: 7/28/2026
• Record date for 9/25 Dividend: 9/11/2026
• Ex-Dividend for 9/25 Dividend: 9/11/2026
• Dividend Payable: 9/25/2026
• Today: 10/06/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Energy Equipment & Services
• 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: $21.23
• High Price Target: $26.00
• Low Price Target: $17.00
• Potential Upside/Downside: +8.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.19
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.26
• Trailing P/E Ratio: 75.14
• Forward P/E Ratio: 19.73
• P/E Growth: N/A
• Net Income: $145 million
• Net Margins: 1.10%
• Pretax Margin: 3.83%
• Return on Equity: 3.44%
• Return on Assets: 1.94%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.42
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $8.64 billion
• Price / Sales: 0.81
• Cash Flow: $1.87 per share
• Price / Cash Flow: 10.45
• Book Value: $17.33 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 356,478,000
• Free Float: 352,379,000
• Market Cap: $6.96 billion
• Optionable: Optionable
• Beta: 0.97