NOV
About: NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing nearly two thirds of its annual revenue.
Employees: 34,010
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $36M | Put options by funds: $18.7M
67% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 5 (+2) [Q1 2025]
17% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 63
15% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 141
1% more capital invested
Capital invested by funds: $5.54B [Q4 2024] → $5.61B (+$66.6M) [Q1 2025]
1% more funds holding
Funds holding: 430 [Q4 2024] → 434 (+4) [Q1 2025]
0.73% less ownership
Funds ownership: 97.56% [Q4 2024] → 96.83% (-0.73%) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
27%
downside
Avg. target
$16.13
18%
upside
High target
$23
68%
upside
8 analyst ratings
5 positive
63%
1 neutral
13%
2 negative
25%
Susquehanna Charles Minervino | 32%upside $18 | Positive Maintained | 1 Jul 2025 |
Wells Fargo Roger Read | 27%downside $10 | Underweight Maintained | 5 Jun 2025 |
Morgan Stanley Elizabeth Porter | 10%upside $15 | Overweight Maintained | 16 May 2025 |
Piper Sandler Luke Lemoine | 17%upside $16 | Neutral Maintained | 1 May 2025 |
Barclays David Anderson | 20%downside $11 | Underweight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 3 articles about NOV published over the past 30 days
Neutral
Seeking Alpha
3 days ago
NOV: Growth Proposition Intact Despite Near-Term Headwind
NOV's independent, technology-driven model enables flexibility and scale in a fragmented oil and gas services industry, supporting long-term growth prospects. Balanced revenue streams across segments and geographies reduce reliance on any single market, enhancing resilience and operational nimbleness. Strong free cash flow, disciplined capital spending, and a commitment to shareholder returns make NOV financially robust at a compelling valuation.
Neutral
GlobeNewsWire
2 weeks ago
NOV Announces Second Quarter 2025 Earnings Conference Call
HOUSTON, June 27, 2025 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) will hold a conference call to discuss its second quarter 2025 results on Tuesday, July 29, 2025, at 10 a.m. (Central Time).
Negative
Zacks Investment Research
2 weeks ago
NOV Stock Down 24% in a Year: Should Investors Hold or Move On?
NOV stock's sharp 24% slide reflects mounting headwinds from tariffs, weak demand and rising corporate costs.
Positive
Zacks Investment Research
1 month ago
Why Is Nov Inc. (NOV) Up 2.5% Since Last Earnings Report?
Nov Inc. (NOV) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
1 month ago
NOV Declares Regular Quarterly Dividend and Supplemental Dividend
HOUSTON--(BUSINESS WIRE)--NOV Declares Regular Quarterly Dividend and Supplemental Dividend.
Neutral
Seeking Alpha
2 months ago
NOV Inc. (NOV) Q1 2025 Earnings Call Transcript
NOV Inc. (NYSE:NOV ) Q1 2025 - Earnings Conference Call April 29, 2025 11:00 AM ET Company Participants Amie D'Ambrosio - Director of IR Clay Williams - Chairman, President and CEO Jose Bayardo - SVP and COO Rodney Reed - SVP and CFO Conference Call Participants Connor Jensen - Raymond James Arun Jayaram - JPMorgan Securities Scott Gruber - Citigroup Stephen Gengaro - Stifel Roger Read - Wells Fargo Securities Marc Bianchi - TD Cowen Operator Good day, and welcome to the Q1 2025 NOV Inc. Earnings Conference Call. At this time, all participants are in a listen only mode.
Negative
Zacks Investment Research
2 months ago
NOV's Q1 Earnings Miss Estimates, Revenues Decrease Y/Y
NOV expects revenues to decrease 1% to 4% year over year, with adjusted EBITDA between $250 million and $280 million for the second quarter of 2025.
Negative
Zacks Investment Research
2 months ago
Nov Inc. (NOV) Lags Q1 Earnings Estimates
Nov Inc. (NOV) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
Neutral
Business Wire
2 months ago
NOV Reports First Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--NOV Reports Q1 2025 Results.
Neutral
Zacks Investment Research
2 months ago
Factors You Need to Know Ahead of NOV's Q1 Earnings Release
NOV is anticipated to report lower revenues from the year-ago period's level. However, it is expected to record a higher bottom line thanks to reduced costs.
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