# NOV Inc.  Share Price Target ‘$23.86’, now 34.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/nov-inc.share-price-target-23.86-now-34.1-upside-potential/4121164712
- Published: 2024-07-12T13:58:02+01:00
- Author: Charlotte Edwards

**NOV Inc.** with ticker code (NOV) now have 22 market analysts covering the stock.
The analyst consensus now points to a rating of ‘buy’. The target price High/Low
ranges between $30.00 and $17.00 calculating the average target share price we see
$23.86. (at the time of writing). Now with the previous closing price of $17.79 
and the analysts are correct then we can expect a percentage increase in value of
34.1%. There is a 50 day moving average of $18.36 and the 200 day MA is $19.02. 
The market capitalization for the company is 7.26B. The current share price for 
the company is: $18.36 USD

 The potential market cap would be $9,739,870,734 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 7.4, revenue per share of $22.30
and a 4.29% return on assets.

NOV Inc. is an independent equipment and technology provider to the global energy
industry. The Company serves diversified, national and independent service companies,
contractors and energy producers in approximately 62 countries. The Company operates
through three segments. The Wellbore Technologies segment designs, manufactures,
rents and sells a range of equipment and technologies used to perform drilling operations.
The segment also offers services, such as solids control and waste management equipment
and services, drilling fluids, drill pipe, wired pipe, drilling optimization services,
tubular inspection and coating services, instrumentation, downhole tools, and drill
bits. The Completion & Production Solutions segment design, manufacture and integrate
technologies for completions, oil and gas production, and industrial markets. The
Rig Technologies segment provides drilling rig components, complete land drilling
rigs and offshore drilling equipment packages.

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