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Noble (NE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

NE Stock Forecast

Noble (NE) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $48.00, with a high of $48.00 and a low of $48.00. This represents a 49.91% increase from the last price of $32.02.

$30 $34 $38 $42 $46 $50 High: $48 Avg: $48 Low: $48 Last Closed Price: $32.02

NE Stock Rating

Noble stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 4 Strong Sell Sell Hold Buy Strong Buy

NE Forecast vs Benchmarks

TypeNameUpside
StockNoble49.91%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Drilling Stocks48.28%

Price Target Trends

1M3M12M
# Anlaysts--4
Avg Price Target--$57.25
Last Closing Price$32.02$32.02$32.02
Upside/Downside--78.79%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25265--13
Dec, 24264--12
Nov, 2429155435
Oct, 2449155437
Sep, 2449155437
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024Eddie KimBarclays$48.00$32.6047.24%49.91%
Aug 09, 2024Eddie KimBarclays$55.00$40.4835.87%71.77%
Jun 11, 2024Ed KLimBarclays$59.00$44.7831.76%84.26%
May 07, 2024James WestEvercore ISI$67.00$45.6446.80%109.24%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024BarclaysOverweightOverweighthold
Oct 15, 2024CitigroupUnderperformUnderperformhold
Sep 12, 2024SusquehannaBuyBuyhold
Aug 09, 2024BenchmarkUnderperformUnderperformhold
Aug 09, 2024BarclaysOverweightOverweighthold
Jun 11, 2024BarclaysOverweightOverweighthold
Jun 10, 2024Evercore ISIOutperformOutperformhold
Jun 10, 2024CitigroupBuyBuyhold
May 07, 2024Evercore ISIOutperformOutperformhold
Apr 08, 2024SusquehannaNeutralNeutralhold

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$5.85$1.99$3.48----
Avg Forecast$0.35$1.44$2.58$2.86$2.85$4.15$4.78
High Forecast$0.32$1.34$2.38$2.71$2.40$3.10$4.41
Low Forecast$0.38$1.50$2.67$3.00$3.29$5.63$4.94
Surprise %1571.43%38.19%34.88%----

Revenue Forecast

$500M $1B $2B $3B $3B $4B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$847.81M$1.41B$2.59B----
Avg Forecast$888.79M$1.33B$2.54B$3.00B$3.47B$3.74B$3.83B
High Forecast$840.20M$1.26B$2.39B$2.82B$3.46B$3.74B$3.76B
Low Forecast$947.63M$1.37B$2.60B$3.08B$3.48B$3.74B$3.91B
Surprise %-4.61%6.20%2.08%----

Net Income Forecast

$-1B $-600M $-200M $200M $600M $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$352.21M$168.95M$481.90M----
Avg Forecast$50.43M$-675.31M$366.87M$414.39M$413.61M$715.66M$679.01M
High Forecast$46.84M$-827.13M$346.04M$393.20M$349.18M$449.94M$640.45M
Low Forecast$54.77M$-523.49M$387.71M$435.58M$478.04M$817.69M$717.57M
Surprise %598.42%-125.02%31.35%----

NE Forecast FAQ

Is Noble stock a buy?

Noble stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Noble is a favorable investment for most analysts.

What is Noble's price target?

Noble's price target, set by 4 Wall Street analysts, averages $48 over the next 12 months. The price target range spans from $48 at the low end to $48 at the high end, suggesting a potential 49.91% change from the previous close price of $32.02.

How does Noble stock forecast compare to the average forecast of its sector, industry, and investment themes?

Noble stock forecast shows a 49.91% upside, outperforming the average forecast for the energy stocks sector (25.44%) and outperforming the oil & gas drilling stocks industry (48.28%).

What is the breakdown of analyst ratings for Noble over the past three months?

  • January 2025: 15.38% Strong Buy, 46.15% Buy, 38.46% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 16.67% Strong Buy, 50.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 5.71% Strong Buy, 25.71% Buy, 42.86% Hold, 14.29% Sell, 11.43% Strong Sell.

What is Noble’s EPS forecast?

Noble's average annual EPS forecast for its fiscal year ending in December is 2.86 for 2024, a -17.82% decrease from the reported $3.48 in 2023. The prediction for 2025 is $2.85, $4.15 for 2026, and $4.78 for 2027.

What is Noble’s revenue forecast?

Noble's average annual revenue forecast for its fiscal year ending in December is $3B for 2024, a 15.80% increase from the reported $2.59B in 2023. The forecast for 2025 is $3.47B, $3.74B for 2026, and $3.83B for 2027.

What is Noble’s net income forecast?

For its fiscal year ending in December, Noble's average annual net income forecast is $414.39M for 2024, reflecting a -14.01% decrease from the reported $481.9M in 2023. The projection for 2025 is $413.61M, $715.66M for 2026, and $679.01M for 2027.