Noble Corp Plc (NE) stock expected to rise by 99.51%: What’s driving the optimism?

A share price of Noble Corp Plc [NE] is currently trading at $28.82, up 2.31%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NE shares have gain 7.18% over the last week, with a monthly amount glided 21.09%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Noble Corp Plc [NYSE: NE] stock has seen the most recent analyst activity on May 28, 2025, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $30 for it. Previously, Evercore ISI downgraded its rating to In-line on January 15, 2025, and dropped its price target to $41. On December 06, 2024, JP Morgan initiated with a Neutral rating and assigned a price target of $37 on the stock. The Benchmark Company downgraded its rating to a Hold. CapitalOne started tracking with a Overweight rating for this stock on November 28, 2023, and assigned it a price target of $62. In a note dated July 05, 2023, Citigroup initiated an Buy rating and provided a target price of $64 on this stock.

Noble Corp Plc experienced fluctuations in its stock price throughout the past year between $17.40 and $48.74. Currently, Wall Street analysts expect the stock to reach $57.5 within the next 12 months. Noble Corp Plc [NYSE: NE] shares were valued at $28.82 at the most recent close of the market. An investor can expect a potential return of 99.51% based on the average NE price forecast.

Analyzing the NE fundamentals

Trailing Twelve Months sales for Noble Corp Plc [NYSE:NE] were 3.30B which represents 37.26% growth. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Noble Corp Plc [NYSE:NE] is 1.57. Also, the Quick Ratio is 1.57, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 9.61.

Transactions by insiders

Recent insider trading involved Howard Jennie, SVP, Gen. Counsel & Corp. Sec., that happened on Apr 01 ’25 when 808.0 shares were sold. Director, Hirshberg Al J. completed a deal on Mar 11 ’25 to buy 5000.0 shares. Meanwhile, Director Hirshberg Al J. bought 5000.0 shares on Mar 11 ’25.

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