Borr Drilling (BORR) Expected to Post Earnings on Wednesday

Key Points

• Borr Drilling is expected to report Q3 2026 results after the market closes Wednesday, November 18, with analysts forecasting a loss of $0.0852 per share and revenue of $259.09 million. The earnings call is scheduled for November 19 at 9:00 a.m. ET.
• In its previous quarter, the company reported a loss of $0.79 per share, substantially worse than the $0.21 loss analysts expected, while revenue of $232.3 million also fell short of forecasts.
• Analysts’ average rating is Hold, with a consensus price target of $5.27. The article also reports recent stock purchases by the COO and a director.

Borr Drilling (NYSE:BORR - Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, November 18th. Analysts expect the company to post earnings of ($0.0852) per share and revenue of $259.09 million for the quarter. Parties may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 19, 2026 at 9:00 AM ET.

Borr Drilling (NYSE:BORR - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.58). The business had revenue of $232.30 million for the quarter, compared to analysts' expectations of $245.96 million. Borr Drilling had a negative return on equity of 5.95% and a negative net margin of 23.98%. On average, analysts expect Borr Drilling to post ($0.51) EPS for the current fiscal year and $0.15 EPS for the next fiscal year.

Borr Drilling Price Performance

Shares of NYSE BORR opened at $3.17 on Wednesday. The firm has a 50-day simple moving average of $4.19 and a 200-day simple moving average of $4.84. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 2.58. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of -4.07 and a beta of 1.02. Borr Drilling has a 52 week low of $2.89 and a 52 week high of $6.66.

Analysts Set New Price Targets

BORR has been the subject of several research reports. Wall Street Zen cut shares of Borr Drilling from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Zacks Research lowered shares of Borr Drilling from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 15th. SEB Equity Research set a $3.55 target price on Borr Drilling in a report on Monday, August 17th. Finally, Weiss Ratings cut Borr Drilling from a "sell (d+)" rating to a "sell (d)" rating in a report on Monday, October 26th. Two analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $5.27.

Insider Transactions at Borr Drilling

In related news, COO Harvey Snowling acquired 300,000 shares of Borr Drilling stock in a transaction on Wednesday, October 14th. The stock was purchased at an average cost of $4.91 per share, with a total value of $1,473,000.00. Following the purchase, the chief operating officer directly owned 445,944 shares in the company, valued at approximately $2,189,585.04. The trade was a 205.56% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey Currie bought 125,000 shares of the stock in a transaction on Thursday, August 13th. The stock was bought at an average price of $4.01 per share, for a total transaction of $501,250.00. Following the completion of the purchase, the director directly owned 479,423 shares in the company, valued at approximately $1,922,486.23. The trade was a 35.27% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 7.90% of the company's stock.

About Borr Drilling

Borr Drilling Limited is an offshore drilling contractor that provides jack-up rigs and related drilling services to oil and gas companies. Its rigs are designed for shallow-water operations, and the company supplies crews and operational support for offshore drilling projects. Founded in 2016, Borr Drilling built its fleet through acquisitions of jack-up rigs from other drilling companies. It serves customers in offshore markets around the world, including regions such as the Middle East, Southeast Asia, West Africa and the North Sea.

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