Borr Drilling (BORR) Stock Forecast & Price Target

$5.48

+0.20 (+3.79%)

(As of 09/13/2024 ET)

Borr Drilling - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 1 Analyst Ratings

Based on 1 Wall Street analysts who have issued ratings for Borr Drilling in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for BORR.

Consensus Price Target

$9.00
64.23% Upside

High Forecast	$9.00
Average Forecast	$9.00
Low Forecast	$9.00

According to the 1 analysts' twelve-month price targets for Borr Drilling, the average price target is $9.00. The highest price target for BORR is $9.00, while the lowest price target for BORR is $9.00. The average price target represents a forecasted upside of 64.23% from the current price of $5.48.

Type	Current Forecast 9/16/23 to 9/15/24	1 Month Ago 8/17/23 to 8/16/24	3 Months Ago 6/18/23 to 6/17/24	1 Year Ago 9/16/22 to 9/16/23
Consensus Rating	Buy	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	2 Buy rating(s)
Hold	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$9.00	$9.00	$9.00	$9.00
Forecasted Upside	64.23% Upside	43.08% Upside	43.08% Upside	45.08% Upside

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BORR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BORR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Borr Drilling Stock vs. The Competition

Type	Borr Drilling	Oils/Energy Companies	S&P 500
Consensus Rating Score	3.00	2.59	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	64.23% Upside	201.78% Upside	8.61% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2024	Evercore ISI 2 of 5 stars	J. West Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	In-Line ➝ Outperform	$9.00 ➝ $9.00	+70.45%
1/25/2023	BTIG Research 2 of 5 stars		Boost Target		$7.00 ➝ $8.00	+40.60%
9/20/2022	Clarkson Capital 4 of 5 stars		Upgrade	Neutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:17 PM ET.

BORR Forecast - Frequently Asked Questions

What is Borr Drilling's forecast for 2024?: According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Borr Drilling is $9.00, with a high forecast of $9.00 and a low forecast of $9.00.
Should I buy or sell Borr Drilling stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Borr Drilling in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BORR shares.
Does Borr Drilling's stock price have much upside?: According to analysts, Borr Drilling's stock has a predicted upside of 70.45% based on their 12-month stock forecasts.
Has Borr Drilling been upgraded by Wall Street analysts recently?: Over the previous 90 days, Borr Drilling's stock had 1 upgrade by analysts.
What analysts cover Borr Drilling?: Borr Drilling has been rated by research analysts at Evercore ISI in the past 90 days.
Do Wall Street analysts like Borr Drilling more than its competitors?: Analysts like Borr Drilling more than other "oils/energy" companies. The consensus rating for Borr Drilling is Buy while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how BORR compares to other companies.