Borr Drilling Reports Q1 2025 Financials and Operational Updates

An announcement from Borr Drilling ( (BORR) ) is now available.

Borr Drilling Limited released its unaudited interim financial report for the three months ending March 31, 2025. In March 2025, the company canceled 19,680,391 issued shares related to a share lending agreement and commenced its first contract for the Vali rig. Additionally, in April 2025, Borr Drilling received a notice to re-mobilize three rigs previously on temporary suspension in Mexico, which could impact its operational capacity and market positioning.

The most recent analyst rating on (BORR) stock is a Buy with a $9.00 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 is influenced by strong revenue growth and profitability improvements, yet offset by concerns over high leverage and negative free cash flow. While technical indicators suggest caution, the stock’s valuation is attractive with a low P/E ratio and high dividend yield. The recent earnings call highlighted significant achievements but also pointed out market uncertainties and increased financial expenses.

To see Spark’s full report on BORR stock, click here.

More about Borr Drilling

Borr Drilling Limited is an offshore shallow-water drilling contractor that provides worldwide offshore drilling services to the oil and gas industry. The company specializes in the ownership, contracting, and operation of jack-up rigs for shallow-water areas, offering related equipment and work crews for oil and gas drilling and workover operations.

Average Trading Volume: 5,598,898

Technical Sentiment Signal: Sell

Current Market Cap: $411.6M

See more data about BORR stock on TipRanks’ Stock Analysis page.