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An announcement from Borr Drilling ( (BORR) ) is now available.
Borr Drilling Limited announced on October 27, 2025, that it has secured contract extensions for three of its premium jack-up rigs, Galar, Gersemi, and Njord. The extensions, valued at approximately $213 million, include improved commercial terms and options for further extension. Additionally, the company reported receiving $19 million in payments for its operations with Pemex in Mexico, indicating a positive trend towards the normalization of payment activities.
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 oil and gas industry, specializing in the provision of premium jack-up rigs for offshore drilling. The company’s primary focus is on delivering high-quality drilling services to major oil companies, with a significant market presence in regions such as Mexico.
Average Trading Volume: 4,788,185
Technical Sentiment Signal: Hold
Current Market Cap: $801.3M
See more data about BORR stock on TipRanks’ Stock Analysis page.