NOV (NOV)

• Market cap: $4.58B
• 1 day: -2.79%
• 5 days: -4.84%
• 1 month: -0.73%
• 3 months: -19.32%
• 6 months: -25.67%
• Year to date: -17.07%
• 1 year: -36.21%
• 5 years: 0.58%
• 10 years: -76.28%
• Sector: Energy
• Industry: Oil & Gas Equipment & Services

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

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]

21% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 61

13% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 142

1% more funds holding

Funds holding: 429 [Q4 2024] → 435 (+6) [Q1 2025]

1% more capital invested

Capital invested by funds: $5.54B [Q4 2024] → $5.61B (+$68.7M) [Q1 2025]

0.69% less ownership

Funds ownership: 97.53% [Q4 2024] → 96.84% (-0.69%) [Q1 2025]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 10% downside
• Avg. target: $16 31% upside
• High target: $23 89% upside

9 analyst ratings

• positive: 5 56%
• neutral: 1 11%
• negative: 3 33%

Morgan Stanley Elizabeth Porter	23% upside $15	Overweight Maintained	16 May 2025
Wells Fargo Roger Read	10% downside $11	Underweight Maintained	1 May 2025
Piper Sandler Luke Lemoine	31% upside $16	Neutral Maintained	1 May 2025
Barclays David Anderson	10% downside $11	Underweight Maintained	30 Apr 2025
JP Morgan Arun Jayaram	39% upside $17	Overweight Maintained	30 Apr 2025