NOV Inc. (NOV) Stock Price & Analysis
NOV Inc. (NOV) closed at USD 18.76 on Thursday, October 22, 2026, down 2.65% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 19.27; the Oct 22, 2026 session ranged USD 18.24–19.3 on volume of 5,096,991 shares. Market capitalization is $6.69B, with a 52-week range of USD 13.61–21.93 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:16 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NOV.md
Key facts (NOV)
- Last four reported quarters (through Jun 30, 2026): revenue $8.64B, net income $95.0M (1.1% margin), free cash flow $562M (SEC filings).
- Valuation: P/E 70.4x (avg 19.2x at the last 3 fiscal year-ends), EV/EBITDA 9.0x, net debt $542M.
- 4 of 80 tracked superinvestors hold NOV (13F, Q2 2026): 0 new, 1 added, 3 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $184K; 1 not under a Rule 10b5-1 plan ($184K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.70 on a 1–5 scale) (20 analysts), mean target USD 22.08 (range 17–26).
- Total return with dividends: 1Y +36.3% vs S&P 500 +14.9%; 5Y +39.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 0.25, revenue estimate $2.19B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NOV)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.52B | $7.24B | $8.58B | $8.87B | $8.74B | $8.64B |
| Gross profit | $774M | $1.33B | $1.83B | $2.01B | $1.77B | — |
| Operating income | -$134M | $264M | $651M | $876M | $494M | $439M |
| Net income | -$250M | $155M | $993M | $635M | $145M | $95.0M |
| EPS (diluted) | -$0.65 | $0.39 | $2.50 | $1.60 | $0.39 | — |
| Free cash flow | $90.0M | -$393M | -$140M | $953M | $876M | $562M |
| Gross margin | 14.0% | 18.4% | 21.4% | 22.7% | 20.2% | — |
| Operating margin | -2.4% | 3.6% | 7.6% | 9.9% | 5.6% | 5.1% |
| Net margin | -4.5% | 2.1% | 11.6% | 7.2% | 1.7% | 1.1% |
| Revenue growth | -9.3% | +31.0% | +18.6% | +3.3% | -1.4% | — |
| Cash + short-term investments | $1.59B | $1.07B | $816M | $1.23B | $1.55B | — |
| Total debt | $1.71B | $1.73B | $1.73B | $1.74B | $1.72B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NOV)
P/E 70.4x · P/S 0.8x · EV/EBITDA 9.0x · EV/Sales 0.8x · P/FCF 11.9x · P/B 1.1x · FCF yield 8.40% · Earnings yield 1.42% · Dividend yield (paid, TTM) 2.27% · Buyback yield (TTM) 4.41% · Net debt $542M · EV $7.23B
P/E at fiscal year-ends: Dec 2025 40.4x, Dec 2024 9.1x, Dec 2023 8.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (NOV)
4 of 80 tracked investors hold NOV. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 1.98% | $675M | Reduced -3.1% |
| First Pacific Advisors | 1.49% | $119M | Added +1.1% | |
| Greenhaven Associates | 1.20% | $104M | Reduced -2.3% | |
| First Eagle Investment | First Eagle Investment Management | 0.95% | $569M | Reduced -15.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (NOV)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-31 | Harrison David D | Director | 9,594 | $184K | 7% | No | Too little history (no open-market trades in 2023 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NOV)
Consensus Hold (mean 2.70 on a 1–5 scale), 20 analysts; mean target USD 22.08 (low 17, high 26).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-30 | Citigroup | Target lowered | Neutral | $22 → $21 |
| 2026-07-31 | Barclays | Target lowered | Underweight | $21 → $20 |
| 2026-07-30 | Susquehanna | Target raised | Positive | $22 → $24 |
| 2026-07-30 | TD Cowen | Target raised | Buy | $25 → $26 |
| 2026-07-08 | Susquehanna | Target lowered | Positive | $24 → $22 |
Total return (dividends reinvested) (NOV)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +36.3% | +39.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +36.4% | +6.8% |
| Volatility (annualized) | 35.5% | 42.8% |
| Max drawdown | -16.7% (Jun 2026→Jul 2026) | -49.1% (Feb 2023→Apr 2025) |
NOV revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Energy Equipments | $1.22B | 57.1% | +0.9% |
| Energy Products & Services | $974.0M | 45.6% | -5.0% |
| Total revenue | $2.13B | 100% | — |
NOV revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Other Countries | $3.94B | 45.1% | -13.4% |
| United States | $3.00B | 34.3% | +0.5% |
| Norway | $907.0M | 10.4% | +27.0% |
| Brazil | $896.0M | 10.2% | +45.0% |
| Total revenue | $8.74B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
NOV company outlook (results filed Jul 29, 2026)
- “For the third quarter of 2026, management expects year-over-year consolidated revenues to be flat to up 2 percent, with Adjusted EBITDA expected to be between $240 million and $270 million.”
Analysts expect $2.19B for the current quarter, 759.9% above the midpoint of the company's guidance ($255.0M).
Quoted word-for-word from the SEC 8-K results press release.
NOV analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.25 | $0.25 | +1.1% | $2.19B | 13 |
| Next quarter (ends Dec 2026) | $0.29 | $0.32 | -9.8% | $2.28B | 13 |
| Current fiscal year (ends Dec 2026) | $0.89 | $0.80 | +11.8% | $8.66B | 14 |
| Next fiscal year (ends Dec 2027) | $1.25 | $1.27 | -1.5% | $9.09B | 14 |
NOV options: expected move
Options price a move of about ±9.7% (±$1.83) by Nov 20, 2026, which includes earnings on Oct 27, 2026. Over the last 8 reports the stock moved ±4.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 42.7% | ±9.7% |
| Dec 18, 2026 | 56 | 53.0% | ±16.8% |
| Jan 15, 2027 | 84 | 39.2% | ±15.2% |
| Feb 19, 2027 | 119 | 32.9% | ±15.3% |
| May 21, 2027 | 210 | 38.8% | ±23.6% |
| Aug 20, 2027 | 301 | 45.8% | ±32.4% |
| Nov 19, 2027 | 392 | 44.0% | ±35.0% |
30-day implied volatility 37.4% vs 26.2% realized over the last 30 trading days. Put/call ratio (volume) 0.93. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:16 UTC)
| Price | USD 18.76 |
|---|---|
| Change | ▼ 2.65% (down) |
| Previous Close | USD 19.27 |
| Open | USD 19.27 |
| Day Range | USD 18.24 – 19.3 |
| 52-Week Range | USD 13.61 – 21.93 |
| Volume | 5,096,991 shares |
| Market Cap | $6.69B |
| Exchange | NYQ |
Technical Analysis (NOV)
Nexqual's technical model rates NOV "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:16 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 39.06 (neutral) |
| vs SMA50 | Below (USD 20.06) |
| MACD | -0.32 (negative) |
Analyst Ratings (NOV)
Wall Street analysts rate NOV "Hold" based on 20 analysts, with a mean price target of USD 22.08 (range USD 17–26), per Nexqual as of October 23, 2026 at 09:16 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 20 |
| Mean Target | USD 22.08 |
| High Target | USD 26 |
| Low Target | USD 17 |
| Buy / Hold / Sell | 7 / 11 / 2 |
Earnings (NOV)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 0.26 |
| Revenue Estimate | $2.19B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.31 vs est 0.16 ▲ beat |
| 2026-03-31 | USD 0.05 vs est 0.14 ▼ miss |
| 2025-12-31 | USD -0.21 vs est 0.25 ▼ miss |
| 2025-09-30 | USD 0.11 vs est 0.25 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financials & Fundamentals (NOV)
| Total Revenue | $8.64B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -2.50% |
| Gross Margin | +21.65% |
| Operating Margin | +7.17% |
| Profit Margin | +1.10% |
| ROE | +1.54% |
| Debt / Equity | 0.37 |
| Current Ratio | 2.42 |
| Total Cash | $1.16B |
| Total Debt | $2.33B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $562.00M (6.5% of revenue) |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financial Health Score (NOV)
Nexqual rates NOV Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:16 UTC.
| Growth | Weak — Revenue -1% YoY (annual), declining |
|---|---|
| Profitability | Mixed — Gross margin 22%, operating 7% (last 12 months) |
| Balance Sheet | Strong — $1.16B cash and investments vs $1.71B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $562M (last 4 quarters to Jun 2026, SEC), 7% margin |
| Efficiency | Weak — ROE 2%, ROA 3.4% |
Ownership (NOV)
| Insider Ownership | +0.73% |
|---|---|
| Institutional Ownership | +108.40% |
| Shares Outstanding | 356.48M |
| Float | 354.41M |
| Short % of Float | +13.77% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Leadership (NOV)
NOV Inc. is led by Jose A. Bayardo, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 09:16 UTC.
| President, CEO & Chairman | Jose A. Bayardo |
|---|---|
| Senior VP & CFO | Rodney C. Reed |
| President of Energy Equipment | Joseph W. Rovig |
| Chief Marketing Officer & CTO | David Reid |
| Director of Investor Relations | Amie D'Ambrosio |
Major Backers & Investors (NOV)
Notable institutional backers of NOV Inc. include Pzena Investment Management LLC, First Eagle Investment Management, LLC, Price (T.Rowe) Associates Inc, according to Nexqual as of October 23, 2026 at 09:16 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Pzena Investment Management LLC | 10.2% |
| First Eagle Investment Management, LLC | 8.61% |
| Price (T.Rowe) Associates Inc | 4.17% |
| Hotchkis & Wiley Capital Management, LLC | 4.03% |
| American Century Companies Inc | 2.91% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 1.34% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.56% |
| Vanguard Group | 9.87% |
| Dimensional Fund Advisors | 5.52% |
| State Street | 3.45% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
From NOV Inc.'s Latest SEC 10-K Filing (filed 2026-02-12)
Key Strengths & Strategy (as disclosed to the SEC)
- NOV's strategy is to capitalize on economies of scale that arise from its position as a leading provider of equipment and technology to the global energy industry, proprietary technology it continues to develop, and core capabilities and competencies it can apply towards advancing the energy mix.
- NOV's extensive proprietary technology portfolio supports the industry's drilling, completion, and production needs.
Partnerships
- Employ a conservative capital structure with ample liquidity to capitalize on volatility associated with the oil and gas industry NOV maintains a conservative capital structure with an investment-grade credit rating and ample liquidity.
Legal & Regulatory Risks (Item 1A, quoted)
- We may also have disputes with competitors concerning technology ownership, use, or payment for licenses of our technology. For example, we have on-going litigation concerning payments due under some of our technology licenses. See Note 12 to the Consolidated Financial Statements for further discussion.
- We sometimes provide engineered process packages and other engineered products for multi-year, fixed price contracts that may require us to assume risks associated with cost over-runs, operating cost inflation, labor availability, supplier and contractor pricing and performance, and potential claims for liquidated damages.
- Legal and Regulatory Related
- The adoption of any future federal, state, or local laws or implementing regulations imposing reporting obligations on, or limiting or banning, the hydraulic fracturing process or other drilling activities or processes could make it more difficult to complete natural gas and oil wells and could have a material adverse effect on our business, consolidated results of operations and consolidated financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SEI | Solaris Energy Infrastructure, | USD 58.61 | ▼ 15.51% |
| WFRD | Weatherford International plc | USD 81.18 | ▼ 5.04% |
| AROC | Archrock, Inc. | USD 28.39 | ▼ 4.64% |
| KGS | Kodiak Gas Services, Inc. | USD 44.07 | ▼ 10.1% |
| WHD | Cactus, Inc. Class A Common Sto | USD 60.38 | ▼ 5.91% |
| TDW | Tidewater Inc. | USD 79.61 | ▼ 2.1% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:16 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt