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Borr Drilling ( (BORR) ) has issued an announcement.
Borr Drilling Limited announced its third-quarter 2025 results, reporting a 4% increase in total operating revenues to $277.1 million and a 2% rise in adjusted EBITDA to $135.6 million. Despite a 21% decrease in net income, the company secured 22 new contract commitments, enhancing its market position. The company also announced contract extensions in Mexico and new commitments in the Gulf of America and Angola, reflecting its strategic focus on expanding its market footprint and maintaining high utilization rates. The company anticipates a tightening market with higher utilization and day rates, driven by increased demand in major markets like Saudi Arabia and Mexico.
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 stock score reflects strong earnings performance and valuation, balanced by financial challenges. The positive earnings call and attractive dividend yield are significant strengths, while high leverage and cash flow issues are key risks.
To see Spark’s full report on BORR stock, click here.
More about Borr Drilling
Borr Drilling Limited operates in the offshore drilling industry, providing jack-up drilling rigs for oil and gas exploration and production. The company focuses on maintaining a premium fleet and has a significant presence in key markets such as Mexico and the Gulf of America.
Average Trading Volume: 4,769,503
Technical Sentiment Signal: Hold
Current Market Cap: $861.5M
Learn more about BORR stock on TipRanks’ Stock Analysis page.