S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 

NOV (NOV) Stock Forecast & Price Target

$18.86
-0.31 (-1.62%)
(As of 04/16/2024 ET)

NOV Consensus Analyst Rating 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.

Analysts' Consensus Rating

Hold
Based on 15 Analyst Ratings

Analysts' Consensus Price Target

$24.36
29.15% Upside
High Forecast$33.00
Average Forecast$24.36
Low Forecast$18.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Hold
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
8 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$24.36$24.36$24.94$24.53
Predicted Upside29.15% Upside28.72% Upside24.41% Upside17.70% Upside
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NOV Analyst Ratings 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.
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NOV 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.
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NOV Stock vs. The Competition

TypeNOVBusiness Services CompaniesS&P 500
Consensus Rating Score
2.40
2.63
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside27.06% Upside267.23% Upside11.23% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/8/2024Susquehanna
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 Reiterated RatingPositive ➝ Positive$26.00+26.89%
2/20/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$25.00 ➝ $22.00+28.35%
2/6/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$24.00+39.13%
2/5/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$28.00 ➝ $26.00+50.29%
2/5/2024Raymond James
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 Lower TargetOutperform ➝ Outperform$28.00 ➝ $25.00+41.88%
2/5/2024TD Cowen
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 Lower TargetOutperform$31.00 ➝ $30.00+70.26%
1/16/2024Benchmark
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 DowngradeBuy ➝ Hold
12/22/2023ATB Capital
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 Set TargetOutperform$33.00+60.51%
12/8/2023JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$22.00 ➝ $25.00+35.50%
10/17/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$24.00 ➝ $25.00+19.79%
10/17/2023Barclays
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 DowngradeEqual Weight ➝ Underweight$20.00-2.44%
10/3/2023Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$20.00 ➝ $21.00+3.45%
8/9/2023The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$16.00 ➝ $18.00-12.15%
7/31/2023Citigroup
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 Boost TargetBuy ➝ Buy$21.00 ➝ $26.00+34.37%
7/14/2023Capital One Financial
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D. Becker
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Initiated CoverageEqual Weight$20.00+8.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:02 PM ET.

NOV Price Target - Frequently Asked Questions

What is NOV's consensus rating and price target?

According to the issued ratings of 15 analysts in the last year, the consensus rating for NOV stock is Hold based on the current 2 sell ratings, 5 hold ratings and 8 buy ratings for NOV. The average twelve-month price prediction for NOV is $24.36 with a high price target of $33.00 and a low price target of $18.00. Learn more on NOV's analyst rating history.

Do Wall Street analysts like NOV more than its competitors?

Analysts like NOV less than other Business Services companies. The consensus rating for NOV is Hold while the average consensus rating for business services companies is Moderate Buy. Learn more on how NOV compares to other companies.

Does NOV's stock price have much upside?

According to analysts, NOV's stock has a predicted upside of 27.99% based on their 12-month stock forecasts.

What analysts cover NOV?

NOV has been rated by Piper Sandler, Raymond James, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, and TD Cowen in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:NOV) was last updated on 4/16/2024 by MarketBeat.com Staff

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