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NOV Announces Leadership Transition with New CEO

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NOV Announces Leadership Transition with New CEO

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NOV ( (NOV) ) has issued an announcement.

On NOVember 19, 2025, NOV Inc. announced the retirement of its Chairman and CEO, Clay C. Williams, effective February 28, 2026, with Jose A. Bayardo set to succeed him as Chairman, President, and CEO starting January 1, 2026. This leadership transition is part of NOV’s long-term succession planning, with Bayardo’s extensive experience in upstream oilfield operations expected to guide the company into its next phase of growth, ensuring operational efficiency and shareholder value.

The most recent analyst rating on (NOV) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on NOV stock, see the NOV Stock Forecast page.

Spark’s Take on NOV Stock

According to Spark, TipRanks’ AI Analyst, NOV is a Outperform.

NOV’s overall stock score reflects a stable financial position and positive technical indicators. The earnings call provided a promising outlook with strong financial performance, despite some challenges. The valuation is reasonable, and the dividend yield adds to the stock’s attractiveness. However, the recent decline in revenue growth and cash flow challenges are areas to watch.

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

More about NOV

NOV delivers technology-driven solutions to empower the global energy industry, pioneering innovations for over 150 years to enhance oilfield operations and support the energy transition towards sustainability.

Average Trading Volume: 4,127,876

Technical Sentiment Signal: Buy

Current Market Cap: $5.55B

For an in-depth examination of NOV stock, go to TipRanks’ Overview page.

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