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 7,425 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
224% more call options, than puts
Call options by funds: $30.2M | Put options by funds: $9.33M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
18% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 66
4.42% more ownership
Funds ownership: 93.11% [Q3] → 97.53% (+4.42%) [Q4]
2% more funds holding
Funds holding: 423 [Q3] → 430 (+7) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 150
5% less capital invested
Capital invested by funds: $5.85B [Q3] → $5.54B (-$310M) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$11
5%
downside
Avg. target
$17.38
50%
upside
High target
$23
98%
upside
8 analyst ratings
5 positive
63%
1 neutral
13%
2 negative
25%
Barclays David Anderson 30% 1-year accuracy 27 / 89 met price target | 5%downside $11 | Underweight Maintained | 30 Apr 2025 |
JP Morgan Arun Jayaram 33% 1-year accuracy 13 / 40 met price target | 46%upside $17 | Overweight Maintained | 30 Apr 2025 |
RBC Capital Keith Mackey 13% 1-year accuracy 3 / 23 met price target | 64%upside $19 | Outperform Maintained | 30 Apr 2025 |
Stifel Stephen Gengaro 42% 1-year accuracy 43 / 103 met price target | 98%upside $23 | Buy Maintained | 15 Apr 2025 |
Susquehanna Charles Minervino 44% 1-year accuracy 29 / 66 met price target | 64%upside $19 | Positive Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 6 articles about NOV published over the past 30 days
Neutral
Seeking Alpha
1 day 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
1 day 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 days 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 days ago
NOV Reports First Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--NOV Reports Q1 2025 Results.
Neutral
Zacks Investment Research
1 week 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.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: Nov Inc. (NOV) Q1 Earnings Expected to Decline
Nov Inc. (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
1 month ago
NOV & Petrobras Collaborate to Develop CO2-Resistant Flexible Pipes
NOV mentions that the new technology will help combat SCC, which affects oil and gas subsea infrastructure. It also aims to retain the core features of standard flexible pipes.
Positive
Zacks Investment Research
1 month ago
Here's Why Retaining NOV Stock Makes Sense in the Current Market
NOV's robust cash flow and growing backlog position it well, but risks from declining demand and commodity price fluctuations may impact growth.
Neutral
Business Wire
1 month ago
NOV Announces Key Leadership Changes
HOUSTON--(BUSINESS WIRE)--NOV Announces Key Leadership Changes.
Negative
Investors Business Daily
1 month ago
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