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Borr Drilling ( (BORR) ) has provided an update.
Borr Drilling Limited reported strong financial results for the second quarter of 2025, with a 24% increase in operating revenues to $267.7 million and a net income of $35.1 million, reversing a loss from the previous quarter. The company secured 14 new contract commitments, enhancing its contract coverage and financial liquidity through a $102.5 million equity offering and improved credit facilities, positioning itself for future growth and potential industry consolidation.
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 technical analysis and attractive valuation, offset by financial performance concerns and mixed earnings call results. The company’s revenue growth and operational efficiency are positive, but high leverage and negative cash flow pose risks. The suspension of dividends and market uncertainties further impact the score.
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 services with a focus on jack-up rigs. The company is committed to expanding its market presence and enhancing its operational capabilities.
Average Trading Volume: 5,608,414
Technical Sentiment Signal: Sell
Current Market Cap: $646.9M
See more data about BORR stock on TipRanks’ Stock Analysis page.