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The latest update is out from Borr Drilling ( (BORR) ).
On December 9, 2025, Borr Drilling Limited announced the pricing of its public offering of 21 million common shares at $4.00 per share, raising $84 million. The proceeds are intended for acquiring five premium jack-up rigs and general corporate purposes. The company is also in the process of listing its shares on the Euronext Growth Oslo, with trading expected to begin on December 19, 2025, as part of its strategy to re-list on the Oslo Stock Exchange. This move is anticipated to enhance Borr Drilling’s market presence and provide greater flexibility for stakeholders.
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 operates in the oil and gas industry, primarily focusing on offshore drilling services. The company specializes in providing premium jack-up rigs, which are used for drilling in shallow waters. Borr Drilling is strategically positioning itself in the market by expanding its fleet and enhancing its service offerings.
Average Trading Volume: 4,579,733
Technical Sentiment Signal: Buy
Current Market Cap: $1.16B
For a thorough assessment of BORR stock, go to TipRanks’ Stock Analysis page.