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 150.00% upside from BORR’s last price of $3.60) 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 150.00% upside from BORR's last price of $3.60.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 23, 2024	James West	Evercore ISI	$9.00	$6.46	39.32%	150.00%

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 150.00% increase from BORR last price ($3.60).

Borr Drilling Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$9.00
Last Closing Price	$3.60	$3.60	$3.60
Upside/Downside	-100.00%	-100.00%	150.00%

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 $3.60. 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

Date	Company	Previous Rating	New Rating	Rating Change
Sep 13, 2024	Evercore ISI	Positive	Outperform	Upgrade
May 23, 2024	Evercore ISI	Positive	Positive	Hold
Jan 06, 2023	BTIG		Buy	Upgrade

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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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	$283.40M	$284.47M	$279.25M	$276.49M	$251.48M	$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	$329.47M	$325.28M	$314.18M	$298.79M	$296.79M	$297.92M	$292.45M	$291.47M	$261.57M	$255.60M	$247.64M	$231.22M	$207.86M	$198.06M	$184.20M	$176.19M	$140.70M	$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	$290.95M	$287.25M	$277.45M	$263.85M	$262.09M	$263.08M	$258.25M	$253.99M	$234.19M	$225.71M	$247.64M	$231.22M	$207.86M	$181.81M	$162.66M	$155.59M	$124.25M	$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
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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 $162.66M, and a high forecast of $184.20M. 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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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	$1.51M	$1.49M	$1.44M	$1.37M	$1.36M	$1.37M	$1.34M	$1.33M	$1.21M	$1.17M	$1.19M	$7.87M	$997.83K	$915.06K	$844.32K	$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	$1.58M	$1.56M	$1.51M	$1.43M	$1.42M	$1.43M	$1.40M	$1.40M	$1.26M	$1.23M	$1.19M	$9.44M	$997.83K	$950.80K	$884.23K	$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	$1.40M	$1.38M	$1.33M	$1.27M	$1.26M	$1.26M	$1.24M	$1.22M	$1.12M	$1.08M	$1.19M	$6.29M	$997.83K	$872.78K	$780.84K	$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 $844.32K, with a high of $884.23K and a low of $780.84K. This is -98.81% lower than Borr Drilling's previous annual EBITDA (Mar 23) of $71.20M.

Borr Drilling Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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	$42.14M	$45.52M	$37.15M	$32.76M	$28.84M	$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	$83.87M	$78.46M	$67.64M	$54.11M	$44.73M	$48.32M	$39.43M	$34.78M	$30.61M	$25.55M	$43.67M	$-31.66M	$14.99M	$34.96M	$17.32M	$-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	$71.29M	$66.69M	$57.50M	$46.00M	$38.02M	$41.07M	$33.52M	$29.56M	$26.02M	$21.72M	$43.61M	$-47.49M	$14.89M	$11.65M	$14.72M	$-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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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	$37.33M	$36.86M	$35.60M	$33.86M	$33.63M	$33.76M	$33.14M	$32.81M	$29.84M	$28.96M	$29.39M	$7.10M	$24.67M	$22.62M	$20.87M	$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	$39.10M	$38.60M	$37.28M	$35.46M	$35.22M	$35.35M	$34.71M	$34.59M	$31.04M	$30.33M	$29.39M	$8.52M	$24.67M	$23.50M	$21.86M	$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	$34.53M	$34.09M	$32.92M	$31.31M	$31.10M	$31.22M	$30.65M	$30.14M	$27.79M	$26.79M	$29.39M	$5.68M	$24.67M	$21.58M	$19.30M	$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 $20.87M, based on 1 Wall Street analysts, with a range of $19.30M to $21.86M. The forecast indicates a 68.32% rise compared to BORR last annual SG&A of $12.40M (Mar 23).

Borr Drilling EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	1	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
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	$0.18	$0.15	$0.13	$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	$0.18	$0.19	$0.15	$0.14	$0.12	$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	$0.28	$0.26	$0.23	$0.18	$0.15	$0.16	$0.13	$0.12	$0.10	$0.09	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
BORR	Borr Drilling	$3.81	$9.00	136.22%	Buy
PTEN	Patterson-UTI Energy	$7.34	$12.63	72.07%	Buy
NBR	Nabors Industries	$59.85	$95.00	58.73%	Buy
NE	Noble	$30.27	$48.00	58.57%	Buy
RIG	Transocean	$3.67	$5.00	36.24%	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 150.00% from its last price of $3.6. 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 150.00% (from the last price of $3.6 to the average price target of $9), up by 150.00% based on the highest stock price target, and up by 150.00% based on the lowest stock price target.

Can Borr Drilling stock reach $5?

BORR's average twelve months analyst stock price target of $9 supports the claim that Borr Drilling can reach $5 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 $1.04B), average EBITDA is $5.39M (high $5.66M, low $4.98M), average net income is $157.57M (high $167.26M, low $142.18M), average SG&A $133.34M (high $139.87M, low $123.11M), and average EPS is $0.618 (high $0.656, low $0.558). BORR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.21B (high $1.27B, low $1.12B), average EBITDA is $5.81M (high $6.09M, low $5.37M), average net income is $267.64M (high $284.08M, low $241.48M), average SG&A $143.65M (high $150.44M, low $132.85M), and average EPS is $1.05 (high $1.11, low $0.947).

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%