Borr Drilling (BORR) Stock Forecast, Price Target & Predictions


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BORR Stock Forecast


Borr Drilling stock forecast is as follows: an average price target of $9.00 (represents a 128.43% upside from BORR’s last price of $3.94) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

BORR Price Target


The average price target for Borr Drilling (BORR) is $9.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $9.00. This represents a potential 128.43% upside from BORR's last price of $3.94.

BORR Analyst Ratings


Buy

According to 2 Wall Street analysts, Borr Drilling's rating consensus is 'Buy'. The analyst rating breakdown for BORR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Borr Drilling Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 23, 2024James WestEvercore ISI$9.00$6.4639.32%128.43%
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The latest Borr Drilling stock forecast, released on May 23, 2024 by James West from Evercore ISI, set a price target of $9.00, which represents a 39.32% increase from the stock price at the time of the forecast ($6.46), and a 128.43% increase from BORR last price ($3.94).

Borr Drilling Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$9.00
Last Closing Price$3.94$3.94$3.94
Upside/Downside-100.00%-100.00%128.43%

In the current month, the average price target of Borr Drilling stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Borr Drilling's last price of $3.94. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 13, 2024Evercore ISIPositiveOutperformUpgrade
May 23, 2024Evercore ISIPositivePositiveHold
Jan 06, 2023BTIG-BuyUpgrade
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Borr Drilling's last stock rating was published by Evercore ISI on Sep 13, 2024. The company Upgrade its BORR rating from "Positive" to "Outperform".

Borr Drilling Financial Forecast


Borr Drilling Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------------$172.00M$148.60M$107.90M$105.30M$82.00M$69.10M$73.00M$54.80M$48.40M$60.20M$59.20M$84.00M$104.10M$92.90M$102.70M
Avg Forecast$314.60M$310.60M$300.00M$285.30M$284.24M$290.28M$281.18M$267.38M$251.42M$244.06M$247.64M$231.22M$207.86M$190.62M$175.88M$168.24M$134.35M$103.44M$96.19M$74.77M$76.15M$74.65M$78.35M$63.77M$72.50M$69.79M$91.53M$122.49M$113.08M$102.42M
High Forecast$330.18M$325.98M$314.86M$299.43M$298.32M$304.66M$295.11M$285.00M$259.50M$256.15M$247.64M$231.22M$207.86M$198.06M$184.59M$176.57M$141.00M$103.44M$96.19M$74.77M$76.15M$74.65M$78.35M$63.77M$72.50M$69.79M$91.53M$122.49M$113.08M$102.42M
Low Forecast$285.15M$281.52M$271.91M$258.59M$257.63M$263.10M$254.86M$237.90M$232.34M$221.21M$247.64M$231.22M$207.86M$181.81M$159.41M$152.49M$121.77M$103.44M$96.19M$74.77M$76.15M$74.65M$78.35M$63.77M$72.50M$69.79M$91.53M$122.49M$113.08M$102.42M
# Analysts222211155222131111111111187655
Surprise %---------------1.02%1.11%1.04%1.09%1.10%0.91%0.98%0.70%0.76%0.83%0.85%0.92%0.85%0.82%1.00%

Borr Drilling's average Quarter revenue forecast for Jun 23 based on 1 analysts is $175.88M, with a low forecast of $159.41M, and a high forecast of $184.59M. BORR's average Quarter revenue forecast represents a 2.26% increase compared to the company's last Quarter revenue of $172.00M (Mar 23).

Borr Drilling EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211155222131111111111187655
EBITDA---------------$71.20M$43.70M$23.00M$24.60M$10.20M$18.30M$23.40M$-10.60M$-1.90M$-4.40M$-6.80M$-79.90M$-26.80M$-4.90M$-35.90M
Avg Forecast$438.54K$432.96K$418.18K$397.69K$396.22K$404.63K$391.95K$372.71K$350.47K$340.21K$345.19K$7.87M$289.74K$265.71K$245.17K$8.41M$-5.11M$12.28M$11.42M$7.65M$9.04M$8.87M$9.31M$-2.05M$8.61M$8.29M$10.87M$-25.53M$13.43M$12.16M
High Forecast$460.25K$454.40K$438.90K$417.39K$415.84K$424.68K$411.36K$397.27K$361.73K$357.06K$345.19K$9.44M$289.74K$276.09K$257.31K$10.10M$-4.09M$12.28M$11.42M$9.18M$9.04M$8.87M$9.31M$-1.64M$8.61M$8.29M$10.87M$-20.42M$13.43M$12.16M
Low Forecast$397.48K$392.43K$379.03K$360.46K$359.12K$366.75K$355.25K$331.62K$323.86K$308.36K$345.19K$6.29M$289.74K$253.43K$222.22K$6.73M$-6.13M$12.28M$11.42M$6.12M$9.04M$8.87M$9.31M$-2.46M$8.61M$8.29M$10.87M$-30.63M$13.43M$12.16M
Surprise %---------------8.46%-8.56%1.87%2.15%1.33%2.02%2.64%-1.14%0.93%-0.51%-0.82%-7.35%1.05%-0.36%-2.95%

1 analysts predict BORR's average Quarter EBITDA for Jun 23 to be $245.17K, with a high of $257.31K and a low of $222.22K. This is -99.66% lower than Borr Drilling's previous annual EBITDA (Mar 23) of $71.20M.

Borr Drilling Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211155222131111111111187655
Net Income---------------$-7.40M$-21.30M$-54.90M$-165.30M$-51.30M$-46.10M$-32.60M$-59.90M$-54.40M$-59.10M$-61.90M$-109.60M$-87.00M$-60.30M$-79.20M
Avg Forecast$79.02M$73.92M$63.72M$50.98M$44.60M$49.44M$42.39M$34.54M$28.65M$24.07M$43.64M$-39.57M$14.94M$20.39M$16.32M$-42.32M$-68.60M$-53.93M$-41.90M$-38.48M$-96.27M$-105.58M$-110.35M$-58.75M$-143.34M$-176.12M$-176.36M$-82.87M$-178.79M$-163.15M
High Forecast$84.10M$78.68M$67.83M$54.26M$47.47M$52.62M$45.12M$53.48M$40.11M$25.62M$43.67M$-31.66M$14.99M$34.96M$17.37M$-33.86M$-54.88M$-53.93M$-41.90M$-30.78M$-96.27M$-105.58M$-110.35M$-47.00M$-143.34M$-176.12M$-176.36M$-66.29M$-178.79M$-163.15M
Low Forecast$69.40M$64.92M$55.97M$44.77M$39.17M$43.42M$37.23M$6.68M$14.32M$21.14M$43.61M$-47.49M$14.89M$11.65M$14.33M$-50.79M$-82.32M$-53.93M$-41.90M$-46.17M$-96.27M$-105.58M$-110.35M$-70.50M$-143.34M$-176.12M$-176.36M$-99.44M$-178.79M$-163.15M
Surprise %---------------0.17%0.31%1.02%3.95%1.33%0.48%0.31%0.54%0.93%0.41%0.35%0.62%1.05%0.34%0.49%

Borr Drilling's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BORR's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Borr Drilling SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211155222131111111111187655
SG&A---------------$12.40M$11.00M$7.00M$9.60M$9.20M$7.50M$7.70M$7.80M$11.70M$8.50M$10.70M$19.90M$10.00M$15.40M$10.90M
Avg Forecast$37.38M$36.91M$35.65M$33.90M$33.78M$34.49M$33.41M$31.77M$29.88M$29.00M$29.43M$7.10M$24.70M$22.65M$20.90M$7.59M$9.87M$12.29M$11.43M$6.90M$9.05M$8.87M$9.31M$12.64M$8.61M$8.29M$10.88M$9.52M$13.44M$12.17M
High Forecast$39.23M$38.74M$37.41M$35.58M$35.45M$36.20M$35.07M$33.87M$30.84M$30.44M$29.43M$8.52M$24.70M$23.54M$21.93M$9.11M$11.84M$12.29M$11.43M$8.28M$9.05M$8.87M$9.31M$15.16M$8.61M$8.29M$10.88M$11.43M$13.44M$12.17M
Low Forecast$33.88M$33.45M$32.31M$30.73M$30.61M$31.26M$30.28M$28.27M$27.61M$26.29M$29.43M$5.68M$24.70M$21.60M$18.94M$6.07M$7.89M$12.29M$11.43M$5.52M$9.05M$8.87M$9.31M$10.11M$8.61M$8.29M$10.88M$7.62M$13.44M$12.17M
Surprise %---------------1.63%1.11%0.57%0.84%1.33%0.83%0.87%0.84%0.93%0.99%1.29%1.83%1.05%1.15%0.90%

Borr Drilling's average Quarter SG&A projection for Jun 23 is $20.90M, based on 1 Wall Street analysts, with a range of $18.94M to $21.93M. The forecast indicates a 68.54% rise compared to BORR last annual SG&A of $12.40M (Mar 23).

Borr Drilling EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211155222131111111111187655
EPS---------------$-0.03$-0.12$-0.30$-1.09$-0.35$-0.34$-0.24$-0.44$-0.42$-0.56$-0.79$-1.36$-1.53$-1.06$-1.40
Avg Forecast$0.31$0.29$0.25$0.20$0.17$0.19$0.17$0.14$0.11$0.09$0.17$0.14$0.06$0.08$0.06$0.03$-0.05$-0.19$-0.15$-0.41$-0.33$-0.37$-0.38$-0.42$-0.50$-0.61$-0.61$-0.56$-0.62$-0.57
High Forecast$0.33$0.31$0.27$0.21$0.19$0.21$0.18$0.21$0.16$0.10$0.17$0.14$0.06$0.14$0.07$0.04$-0.04$-0.19$-0.15$-0.41$-0.33$-0.37$-0.38$-0.42$-0.50$-0.61$-0.61$-0.56$-0.62$-0.57
Low Forecast$0.27$0.25$0.22$0.18$0.15$0.17$0.15$0.03$0.06$0.08$0.17$0.14$0.06$0.05$0.06$0.03$-0.05$-0.19$-0.15$-0.41$-0.33$-0.37$-0.38$-0.42$-0.50$-0.61$-0.61$-0.56$-0.62$-0.57
Surprise %----------------0.95%2.55%1.60%7.50%0.86%1.02%0.66%1.15%0.99%1.13%1.29%2.22%2.71%1.71%2.48%

According to undefined Wall Street analysts, Borr Drilling's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BORR previous annual EPS of $NaN (undefined).

Borr Drilling Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BORRBorr Drilling$3.94$9.00128.43%Buy
PTENPatterson-UTI Energy$8.11$16.81107.27%Buy
NBRNabors Industries$72.84$131.6780.77%Buy
NENoble$33.43$57.5072.00%Buy
DODiamond Offshore Drilling$13.99$22.0057.26%Buy
RIGTransocean$4.20$6.1245.71%Buy

BORR Forecast FAQ


Is Borr Drilling a good buy?

Yes, according to 2 Wall Street analysts, Borr Drilling (BORR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of BORR's total ratings.

What is BORR's price target?

Borr Drilling (BORR) average price target is $9 with a range of $9 to $9, implying a 128.43% from its last price of $3.94. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Borr Drilling stock go up soon?

According to Wall Street analysts' prediction for BORR stock, the company can go up by 128.43% (from the last price of $3.94 to the average price target of $9), up by 128.43% based on the highest stock price target, and up by 128.43% based on the lowest stock price target.

Can Borr Drilling stock reach $6?

BORR's average twelve months analyst stock price target of $9 supports the claim that Borr Drilling can reach $6 in the near future.

What are Borr Drilling's analysts' financial forecasts?

Borr Drilling's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.12B (high $1.18B, low $1.01B), average EBITDA is $1.57M (high $1.65M, low $1.41M), average net income is $170.96M (high $198.69M, low $126.51M), average SG&A $133.45M (high $140.58M, low $120.43M), and average EPS is $0.671 (high $0.779, low $0.496). BORR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.21B (high $1.27B, low $1.1B), average EBITDA is $1.69M (high $1.77M, low $1.53M), average net income is $267.64M (high $284.87M, low $235.06M), average SG&A $143.84M (high $150.96M, low $130.37M), and average EPS is $1.05 (high $1.12, low $0.922).

Did the BORR's actual financial results beat the analysts' financial forecasts?

Based on Borr Drilling's last annual report (Dec 2022), the company's revenue was $443.8M, beating the average analysts forecast of $408.74M by 8.58%. Apple's EBITDA was $101.8M, beating the average prediction of $26.25M by 287.79%. The company's net income was $-293M, beating the average estimation of $-203M by 44.31%. Apple's SG&A was $36.8M, missing the average forecast of $40.49M by -9.11%. Lastly, the company's EPS was $-1.64, beating the average prediction of $-0.785 by 108.96%. In terms of the last quarterly report (Mar 2023), Borr Drilling's revenue was $172M, beating the average analysts' forecast of $168.24M by 2.23%. The company's EBITDA was $71.2M, beating the average prediction of $8.42M by 746.11%. Borr Drilling's net income was $-7.4M, missing the average estimation of $-42.322M by -82.52%. The company's SG&A was $12.4M, beating the average forecast of $7.59M by 63.37%. Lastly, the company's EPS was $-0.0315, missing the average prediction of $0.033 by -195.42%