Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Borr Drilling ( (BORR) ).
On December 9, 2025, Borr Drilling Limited announced the pricing of an additional offering of 10.375% senior secured notes due 2030, amounting to approximately $165 million. The proceeds from this offering, along with funds from a previous equity offering and seller financing, are intended for the acquisition of five premium jack-up rigs and general corporate purposes, including debt service and potential mergers and acquisitions. This strategic move is expected to enhance Borr Drilling’s operational capabilities and market position in the offshore drilling sector.
The most recent analyst rating on (BORR) stock is a Hold with a $3.50 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 score is driven by strong technical indicators and a positive earnings call, reflecting operational success and market optimism. However, financial performance is hindered by high leverage and cash flow challenges, which weigh down the overall score.
To see Spark’s full report on BORR stock, click here.
More about Borr Drilling
Borr Drilling Limited is a company operating in the offshore drilling industry, primarily focused on providing drilling services using its fleet of jack-up rigs. The company is known for its operations in acquiring and managing premium drilling rigs, catering to the needs of oil and gas exploration and production companies.
Average Trading Volume: 4,579,733
Technical Sentiment Signal: Buy
Current Market Cap: $1.16B
See more data about BORR stock on TipRanks’ Stock Analysis page.