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Borr Drilling ( (BORR) ) has provided an announcement.
On August 6, 2025, Borr Drilling Limited held a Special General Meeting where shareholders approved several key resolutions. These included setting the maximum number of directors to eight, electing Mr. Thiago Mordehachvili as a director, and increasing the company’s authorized share capital by 50 million shares. These decisions are expected to enhance the company’s governance structure and provide additional capital for future growth, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (BORR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Borr Drilling stock, see the BORR Stock Forecast page.
Spark’s Take on BORR Stock
According to Spark, TipRanks’ AI Analyst, BORR is a Neutral.
Borr Drilling’s overall stock score reflects strong revenue growth and attractive valuation, but is weighed down by high leverage, negative cash flow, and recent financial setbacks. While technical indicators offer a mixed outlook, the suspension of dividends and market uncertainties pose significant risks.
To see Spark’s full report on BORR stock, click here.
More about Borr Drilling
Borr Drilling Limited operates in the oil and gas industry, focusing on offshore drilling services. The company provides drilling solutions with a fleet of jack-up rigs, targeting markets that require efficient and safe drilling operations.
Average Trading Volume: 5,260,683
Technical Sentiment Signal: Sell
Current Market Cap: $577.7M
See more data about BORR stock on TipRanks’ Stock Analysis page.