Q2 Earnings Forecast for NOV Issued By Capital One Financial

NOV Inc. (NYSE:NOV) – Analysts at Capital One Financial reduced their Q2 2025 EPS estimates for NOV in a research report issued to clients and investors on Monday, July 28th. Capital One Financial analyst D. Becker now anticipates that the oil and gas exploration company will post earnings per share of $0.29 for the quarter, down from their prior forecast of $0.35. The consensus estimate for NOV’s current full-year earnings is $1.40 per share. Capital One Financial also issued estimates for NOV’s Q3 2025 earnings at $0.27 EPS.

NOV (NYSE:NOV) last released its quarterly earnings data on Monday, July 28th. The oil and gas exploration company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.16 billion. NOV had a net margin of 5.36% and a return on equity of 7.25%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period last year, the company posted $0.57 EPS.

A number of other analysts have also commented on NOV. Susquehanna dropped their price target on NOV from $18.00 to $17.00 and set a “positive” rating for the company in a research note on Wednesday. Barclays decreased their price objective on NOV from $13.00 to $11.00 and set an “underweight” rating for the company in a report on Wednesday, April 30th. Morgan Stanley decreased their price objective on NOV from $18.00 to $15.00 and set an “overweight” rating for the company in a report on Friday, May 16th. Royal Bank Of Canada decreased their price objective on NOV from $19.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, The Goldman Sachs Group reduced their price target on NOV from $16.00 to $13.00 and set a “sell” rating for the company in a report on Thursday, April 10th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, NOV currently has a consensus rating of “Hold” and an average price target of $16.69.

NOV Stock Performance

NYSE:NOV opened at $12.79 on Tuesday. The business has a 50 day moving average price of $13.03 and a 200-day moving average price of $13.63. NOV has a fifty-two week low of $10.84 and a fifty-two week high of $21.20. The firm has a market cap of $4.81 billion, a PE ratio of 10.48, a price-to-earnings-growth ratio of 3.44 and a beta of 1.28. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.76 and a current ratio of 2.58.

NOV Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, June 13th. Shareholders of record on Tuesday, June 3rd were given a $0.21 dividend. The ex-dividend date was Monday, June 2nd. This represents a yield of 3.63%. NOV’s payout ratio is 20.00%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Ethic Inc. lifted its position in shares of NOV by 6.2% during the 2nd quarter. Ethic Inc. now owns 131,384 shares of the oil and gas exploration company’s stock valued at $1,673,000 after buying an additional 7,697 shares in the last quarter. Privium Fund Management B.V. raised its holdings in shares of NOV by 28.4% during the 2nd quarter. Privium Fund Management B.V. now owns 63,876 shares of the oil and gas exploration company’s stock worth $825,000 after acquiring an additional 14,131 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of NOV during the 2nd quarter worth approximately $945,000. Nordea Investment Management AB increased its position in shares of NOV by 1.8% during the 2nd quarter. Nordea Investment Management AB now owns 182,832 shares of the oil and gas exploration company’s stock valued at $2,323,000 after purchasing an additional 3,268 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new position in shares of NOV during the 2nd quarter valued at approximately $880,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

About NOV

NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.