At the time of writing, NOV Inc [NOV] stock is trading at $13.35, up 1.37%. An important factor to consider is whether the stock is rising or falling in short-term value. The NOV shares have gain 2.93% over the last week, with a monthly amount glided 3.73%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
NOV Inc [NYSE: NOV] stock has seen the most recent analyst activity on July 30, 2025, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $15 for it. Previously, RBC Capital Mkts upgraded its rating to Outperform on March 24, 2025, and kept the price target unchanged to $22. On January 15, 2025, downgrade downgraded it’s rating to In-line and revised its price target to $18 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Piper Sandler initiated its recommendation with a Neutral and recommended $17 as its price target on December 19, 2024. Citigroup downgraded its rating to Neutral for this stock on November 11, 2024, and downed its price target to $18. In a note dated October 28, 2024, TD Cowen reiterated a Buy rating on this stock and revised its target price from $28 to $22.
For the past year, the stock price of NOV Inc fluctuated between $10.65 and $16.56. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. NOV Inc [NYSE: NOV] shares were valued at $13.35 at the most recent close of the market. An investor can expect a potential return of 49.81% based on the average NOV price forecast.
Analyzing the NOV fundamentals
According to NOV Inc [NYSE:NOV], the company’s sales were 8.78B for trailing twelve months, which represents an -1.26% plunge. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
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 13.15 points at the first support level, and at 12.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.47, and for the 2nd resistance point, it is at 13.59.
Ratios To Look Out For
It is important to note that NOV Inc [NYSE:NOV] has a current ratio of 2.58. On the other hand, the Quick Ratio is 1.72, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 0.56, the price to book ratio is 0.77 and price to earnings (TTM) ratio is 10.97.
Transactions by insiders
Recent insider trading involved HARRISON DAVID D, Director, that happened on Nov 20 ’24 when 1784.0 shares were sold. See Remarks, Livingston Scott B. completed a deal on Nov 07 ’24 to sell 29410.0 shares. Meanwhile, President – Energy Equipment Rovig Joseph W sold 73256.0 shares on Nov 07 ’24.
