Noble Corp Plc [NE] stock is trading at $29.15, down -0.31%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NE shares have gain 1.15% over the last week, with a monthly amount glided 21.05%, 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 [NE] stock has fluctuated between $17.40 and $48.74 over the past year. 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 $29.15 at the most recent close of the market. An investor can expect a potential return of 97.26% based on the average NE price forecast.
Analyzing the NE fundamentals
Noble Corp Plc [NYSE:NE] reported sales of 3.30B for the trailing twelve months, which represents a growth of 37.26%. 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. The company’s stock is currently sitting at 28.88 points at the first support level, and at 28.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.50, and for the 2nd resistance point, it is at 29.84.
Ratios To Look Out For
For context, Noble Corp Plc’s Current Ratio is 1.57. Further, the Quick Ratio stands at 1.57, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 0.99 and price to earnings (TTM) ratio is 9.72.
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.
