Noble (NE) Projected to Post Quarterly Earnings on Monday

Posted by on Jul 26th, 2026

Noble (NYSE:NE – Get Free Report) is expected to be announcing its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect Noble to announce earnings of $0.18 per share and revenue of $700.8770 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 28, 2026 at 9:00 AM ET.

Noble (NYSE:NE – Get Free Report) last announced its earnings results on Monday, April 27th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. Noble had a net margin of 7.17% and a return on equity of 2.32%. The business had revenue of $785.69 million during the quarter, compared to analysts’ expectations of $730.47 million. During the same period in the prior year, the company earned $0.26 earnings per share. The business’s revenue was down 10.1% compared to the same quarter last year. On average, analysts expect Noble to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Noble Price Performance

Shares of NE opened at $43.31 on Friday. Noble has a fifty-two week low of $25.24 and a fifty-two week high of $54.98. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of 30.28 and a beta of 0.92. The firm has a 50-day simple moving average of $43.85 and a 200-day simple moving average of $43.88. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.99 and a current ratio of 1.99.

Insiders Place Their Bets

In related news, SVP Joey M. Kawaja sold 40,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $49.85, for a total transaction of $1,994,000.00. Following the completion of the transaction, the senior vice president directly owned 40,071 shares of the company’s stock, valued at $1,997,539.35. This represents a 49.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Charles M. Sledge sold 724 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $51.61, for a total transaction of $37,365.64. Following the completion of the sale, the director owned 1,360 shares of the company’s stock, valued at approximately $70,189.60. The trade was a 34.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 143,550 shares of company stock valued at $6,985,436. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Noble

A number of large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its holdings in shares of Noble by 819.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,601 shares of the company’s stock valued at $69,000 after buying an additional 2,318 shares during the period. Strs Ohio purchased a new stake in shares of Noble in the first quarter valued at approximately $142,000. Captrust Financial Advisors acquired a new position in Noble during the second quarter worth $359,000. State of Tennessee Department of Treasury acquired a new position in Noble during the fourth quarter worth $1,109,000. Finally, Natixis Advisors LLC purchased a new position in Noble in the third quarter worth $3,935,000. 68.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NE has been the subject of several analyst reports. Evercore set a $59.00 price objective on Noble in a research note on Monday, April 27th. Citigroup decreased their price objective on Noble from $52.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, June 30th. Weiss Ratings downgraded Noble from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. Susquehanna dropped their target price on Noble from $55.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Finally, Wall Street Zen upgraded Noble from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $43.12.

Read Our Latest Research Report on NE

About Noble

(Get Free Report)

Noble (NYSE: NE) is an offshore drilling company that provides drilling services to the global oil and gas industry. The firm operates a fleet of mobile offshore drilling units and delivers contract drilling solutions for exploration and production activities. Its core business centers on executing drilling programs for upstream energy companies across a range of water depths and operating environments.

Products and services include the operation and management of offshore drilling rigs — such as drillships, semisubmersibles and jackups — along with associated technical, engineering and project management services.

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Earnings History for Noble (NYSE:NE)

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