Analysts Offer Predictions for NOV’s Q2 Earnings (NYSE:NOV)

NOV Inc. (NYSE:NOV) – Analysts at Atb Cap Markets dropped their Q2 2025 EPS estimates for NOV in a report issued on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas exploration company will post earnings per share of $0.35 for the quarter, down from their prior estimate of $0.37. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for NOV’s current full-year earnings is $1.59 per share. Atb Cap Markets also issued estimates for NOV’s Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.39 EPS, Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.42 EPS, FY2026 earnings at $1.59 EPS and FY2027 earnings at $1.76 EPS.

Several other research firms have also commented on NOV. Wells Fargo & Company reduced their price target on NOV from $16.00 to $15.00 and set an “underweight” rating for the company in a research report on Monday, November 4th. Stifel Nicolaus decreased their price target on shares of NOV from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, October 28th. BMO Capital Markets cut their price objective on shares of NOV from $22.00 to $20.00 and set a “market perform” rating on the stock in a research report on Thursday, October 10th. TD Cowen decreased their target price on shares of NOV from $28.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Finally, JPMorgan Chase & Co. cut their price target on shares of NOV from $23.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, October 3rd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, NOV currently has an average rating of “Hold” and an average price target of $20.64.

NOV Stock Down 0.8 %

NOV stock opened at $14.98 on Thursday. The company has a quick ratio of 1.65, a current ratio of 2.57 and a debt-to-equity ratio of 0.26. The firm has a market cap of $5.83 billion, a P/E ratio of 5.53, a P/E/G ratio of 0.89 and a beta of 1.66. The business has a fifty day moving average of $15.84 and a two-hundred day moving average of $17.11. NOV has a twelve month low of $14.83 and a twelve month high of $21.23.

Hedge Funds Weigh In On NOV

A number of institutional investors have recently modified their holdings of the stock. Rothschild Investment LLC purchased a new position in NOV during the second quarter valued at approximately $28,000. Quarry LP acquired a new stake in shares of NOV during the 3rd quarter worth approximately $36,000. American National Bank & Trust purchased a new position in shares of NOV during the 3rd quarter valued at approximately $39,000. International Assets Investment Management LLC lifted its stake in shares of NOV by 1,590.1% in the 3rd quarter. International Assets Investment Management LLC now owns 2,907 shares of the oil and gas exploration company’s stock valued at $46,000 after purchasing an additional 2,735 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in NOV during the third quarter worth $48,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Activity at NOV

In related news, Director David D. Harrison sold 1,784 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $16.10, for a total transaction of $28,722.40. Following the completion of the transaction, the director now directly owns 110,951 shares in the company, valued at $1,786,311.10. The trade was a 1.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.85% of the stock is owned by insiders.

NOV Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be given a $0.075 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $0.30 dividend on an annualized basis and a yield of 2.00%. NOV’s dividend payout ratio is currently 11.07%.

NOV Company Profile

NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.