Nov Inc. (NOV) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Nov Inc. (NOV) stock forecast summary
Our AI ranks Nov Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Nov Inc. is a mid-cap company with a market capitalization of $6.90B. It ranks number 3 by market capitalization among the 15 Oil & Gas Field Machinery & Equipment issuers in our coverage with a current forecast.
For NOV, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 7.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 19.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, NOV included.
Follow NOV freeNOV price chart and AI forecast
How NOV ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Nov Inc. (NOV) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Oil & Gas Field Machinery & Equipment peers listed below that report each metric.
Valuation & Market
| Metric | NOV | Rank |
|---|---|---|
| Market Cap | $6.90B | 3/15 |
| P/E Ratio | 75.72x | 2/9 |
| P/B Ratio | 1.11x | 8/10 |
| Dividend Yield | 2.82% | 1/7 |
| EPS | $0.25 | – |
| Book Value/Share | $17.03 | – |
| Revenue/Share | $23.84 | – |
| FCF/Share | $2.01 | – |
Profitability & Margins
| Metric | NOV | Rank |
|---|---|---|
| ROE | 1.5% | 6/6 |
| ROA | 0.8% | – |
| ROIC | 4.4% | 6/7 |
| Gross Margin | 19.5% | 6/7 |
| Operating Margin | 4.5% | 9/12 |
| Net Margin | 1.1% | 6/6 |
| EBT Margin | 3.3% | 8/12 |
| Tax Rate | 66.4% | – |
The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.
Financial Health
| Metric | NOV | Rank |
|---|---|---|
| Current Ratio | 2.47x | 6/14 |
| Quick Ratio | 1.66x | 7/14 |
| D/E Ratio | 0.78x | 8/11 |
| Financial Leverage | 1.79x | 5/7 |
| Interest Coverage | 2.1x | 8/12 |
| Working Capital | $3.40B | 2/14 |
Cash Flow
| Metric | NOV | Rank |
|---|---|---|
| Operating Cash Flow | $1.09B | 3/14 |
| Free Cash Flow | $734M | 3/10 |
| Capital Spending | -$356M | 9/10 |
| OCF Growth YoY | -28.1% | 9/11 |
| FCF Growth YoY | -36.2% | 6/7 |
| FCF/Sales | 8.4% | 5/10 |
| CapEx/Sales | 4.1% | 5/10 |
Operational Efficiency
| Metric | NOV | Rank |
|---|---|---|
| Asset Turnover | 0.78x | 3/8 |
| Receivables Turnover | 5.2x | 2/11 |
| Inventory Turnover | 3.7x | 3/8 |
| Fixed Assets Turnover | 4.3x | 6/11 |
| Days Sales Outstanding | 70 days | 10/11 |
| Days Inventory | 98 days | 6/8 |
| Payables Period | 44 days | 7/8 |
| Cash Conversion Cycle | 123 days | 6/7 |
Income Statement
| Metric | NOV | Rank |
|---|---|---|
| Total Revenue | $8.69B | 3/13 |
| Operating Income | $389M | 4/14 |
| Net Income | $91M | 3/7 |
| SG&A Expense | $1.24B | 2/13 |
| Cost of Goods Sold | $6.99B | 1/8 |
Dividend & Shareholder Information
| Metric | NOV | Rank |
|---|---|---|
| Dividends Per Share | $0.53 | – |
| Payout Ratio | 212.0% | – |
| Shares Outstanding | 365M | – |
| Net Income Growth | -84.5% | 6/6 |
| EPS Growth | -83.2% | 4/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $5.72B | 51.3% of assets |
| Cash & Short-term Investments | $1.34B | 12.0% of assets |
| Accounts Receivable | $1.66B | 14.9% of assets |
| Inventory | $1.87B | 16.8% of assets |
| Total Liabilities | $4.88B | 43.7% of assets |
| Short-term Debt | $1.46B | 13.1% of assets |
NOV quarterly financials and insider trading
Nov Inc. (NOV) industry peers
Companies classified under the same SEC industry code as Nov Inc. (Oil & Gas Field Machinery & Equipment): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NOV Nov Inc. | ▼ | $6.90B |
| BKR Baker Hughes Co | ▶ | $55.29B |
| FTI Technipfmc Plc | ▶ | $27.32B |
| WFRD Weatherford International Plc | ▲ | $5.46B |
| WHD Cactus, Inc. | ▶ | $4.95B |
| SEI Solaris Energy Infrastructure, Inc. | ▲ | $4.80B |
| INVX Innovex International, Inc. | ▼ | $1.96B |
| FLOC Flowco Holdings Inc. | ▼ | $1.70B |
| FET Forum Energy Technologies, Inc. | ▲ | $895M |
| HMH Hmh Holding Inc | ▶ | $759M |
| OIS Oil States International, Inc | ▼ | $490M |
| ROC Drilling Tools International Corp | ▲ | $70M |
| QSEP Qs Energy, Inc. | ▲ | $54M |
| KLNG Koil Energy Solutions, Inc. | ▶ | $36M |
| GPUS Hyperscale Data, Inc. | ▼ | $23M |
Where NOV sits on the market map
Nov Inc. (NOV) stock news
Loading...
Nov Inc. (NOV) stock forecast FAQ
What is the Nov Inc. (NOV) stock forecast?
Our AI ranks Nov Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Nov Inc. stock predictions?
For NOV, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 7.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 19.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Nov Inc. forecasts updated?
Nov Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Nov Inc.'s industry peers?
15 issuers in our coverage, NOV included, share the SEC industry code Oil & Gas Field Machinery & Equipment. The largest are: Baker Hughes Co (BKR), Technipfmc Plc (FTI), Weatherford International Plc (WFRD), Cactus, Inc. (WHD), Solaris Energy Infrastructure, Inc. (SEI), Innovex International, Inc. (INVX).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.