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NE Stock Chart & Stats
$43.26
$0.15(0.35%)
At close: 4:00 PM EDT
$43.26
$0.15(0.35%)
Day’s Range― - ―
52-Week Range$26.20 - $54.98
Previous CloseN/A
Volume1.84M
Average Volume (3M)1.68M
Market Cap
$6.77B
Enterprise Value$7.38K
Total Cash (Recent Filing)$456.21M
Total Debt (Recent Filing)$1.89B
Price to Earnings (P/E)44.6
Beta1.09
Next Earnings
Nov 03, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield5.9%
Share Statistics
EPS (TTM)0.95
Shares Outstanding159,642,210
10 Day Avg. Volume1,504,271
30 Day Avg. Volume1,680,789
Financial Highlights & Ratios
PEG Ratio-0.38
Price to Book (P/B)0.99
Price to Sales (P/S)1.37
P/FCF Ratio10.38
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$46.20Price Target Upside6.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.82
Revenue Forecast (FY)$2.91B
Bulls Say, Bears Say
Bulls Say
Large Backlog And Contracting MomentumA $7.5bn backlog with substantial near-term conversion creates multi-quarter revenue visibility and booking optionality, underpinning durable dayrate recovery potential and smoothing revenue volatility as contracted work converts into firm cash flows over 2026–27.
Strong Operating Cash Flow QualityOperating cash flow materially exceeds reported earnings, indicating high earnings quality and resilient cash generation. This supports capital expenditures, dividend continuity and debt servicing capacity even if revenue timing or dayrates fluctuate in the medium term.
Improved Liquidity And Capital Structure ActionsExtending the credit facility and issuing longer-dated unsecured notes reduces near-term refinancing pressure and interest-cost risk, giving management flexibility to execute reactivations, buyouts and fleet optimization without forcing asset sales during cyclical troughs.
Bears Say
Declining Revenue And Free Cash FlowA falling revenue trend and a sharp decline in FCF relative to earnings suggest weaker conversion of sales into distributable cash. Persistently lower FCF limits reinvestment and returns, raising sensitivity to higher CapEx or working-capital swings over coming quarters.
Customer / Regional Concentration RiskHeavy reliance on a single customer/region concentrates counterparty and political risk; adverse changes in that customer's capital plan or local regulatory/geopolitical conditions could materially reduce near-term utilization and dayrate prospects.
Operational Disruptions And Asset ImpairmentsSuspensions, early terminations and asset write-offs reduce available working fleet and raise idling costs, pressuring utilization and future cash generation. Such disruptions also signal operational and geopolitical vulnerability that can persistently dampen revenue visibility.
Noble Corporation News
NE FAQ
What was Noble Corporation PLC’s price range in the past 12 months?
Noble Corporation PLC lowest stock price was $26.20 and its highest was $54.98 in the past 12 months.
What is Noble Corporation PLC’s market cap?
Noble Corporation PLC’s market cap is $6.77B.
When is Noble Corporation PLC’s upcoming earnings report date?
Noble Corporation PLC’s upcoming earnings report date is Nov 03, 2026 which is in 88 days.
How were Noble Corporation PLC’s earnings last quarter?
Noble Corporation PLC released its earnings results on Jul 27, 2026. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.153 by -$0.143.
Is Noble Corporation PLC overvalued?
According to Wall Street analysts Noble Corporation PLC’s price is currently Undervalued.
Does Noble Corporation PLC pay dividends?
Noble Corporation PLC pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 5.9%. See more information on Noble Corporation PLC dividends here
What is Noble Corporation PLC’s EPS estimate?
Noble Corporation PLC’s EPS estimate is 0.23.
How many shares outstanding does Noble Corporation PLC have?
Noble Corporation PLC has 159,642,210 shares outstanding.
What happened to Noble Corporation PLC’s price movement after its last earnings report?
Noble Corporation PLC reported an EPS of $0.01 in its last earnings report, missing expectations of $0.153. Following the earnings report the stock price went down -9.07%.
Which hedge fund is a major shareholder of Noble Corporation PLC?
Currently, no hedge funds are holding shares in NE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Noble Corporation Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.20 (6.80% Upside)
$46.20 (6.80% Upside)
Blogger Sentiment
Bullish
NE Sentiment 80%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 175.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.19%
12-Months-Change
Fundamentals
Return on Equity
5.90%
Trailing 12-Months
Asset Growth
-5.58%
Trailing 12-Months
Company Description
Noble Corporation PLC
Operating globally through its subsidiaries, Noble Corporation Plc functions as an offshore drilling contractor for the oil and gas sector. The company delivers essential contract drilling services, leveraging its diverse fleet of mobile offshore units. As of February 16, 2022, this fleet comprised 20 offshore drilling units, specifically consisting of 12 floaters and 8 jackups. Established in 1921, Noble Corporation, formerly known as Noble Holding Corporation plc, maintains its headquarters in Sugar Land, Texas.
NE Company Deck
NE Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasizes solid financial and operational results in Q1—strong adjusted EBITDA, free cash flow, a $7.5 billion backlog, and multiple contract awards—supported by industry-wide tightening (95% UDW utilization) and growing tender pipelines (+33% YoY). Management is executing reactivations, maintaining dividends, and taking actionable balance sheet steps (jackup sale proceeds, debt redemption, BOP buyouts that yield ~$25M annual EBITDA benefit). Lowlights are limited and largely discrete: a ~$15M hit from an early termination of the Mick O’Brien, a near-term dayrate reduction on a blended Courage extension, modest CapEx increase ($25M), supply-chain/timing pressures, and some concentration in Petrobras-driven contracting. Overall, positives materially outweigh the negatives, with management optimistic about 2027 and market-driven dayrate upside.View all NE earnings summariesNE Stock 12 Month Forecast
Average Price Target
$46.20
▲(6.80% Upside)
Technical Analysis
Ownership Overview
0.99% Insiders
29.16% Mutual Funds
12.87% Other Institutional Investors
56.97% Public Companies and
Individual Investors