NOV (NOV) Set to Post Quarterly Earnings on Tuesday

Posted by Francis Steltz on Oct 20th, 2026

NOV (NYSE:NOV – Get Free Report) is projected to release its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $0.2546 per share and revenue of $2.20 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:00 AM ET.

NOV (NYSE:NOV – Get Free Report) last announced its earnings results on Tuesday, July 28th. The oil and gas exploration company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.14. The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.08 billion. NOV had a return on equity of 3.44% and a net margin of 1.10%. NOV’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 earnings per share. On average, analysts expect NOV to post $0.99 EPS for the current fiscal year and $1.30 EPS for the next fiscal year.

NOV Stock Down 0.7%

Shares of NYSE:NOV opened at $18.80 on Tuesday. The business’s 50 day moving average is $20.19 and its 200 day moving average is $19.89. NOV has a 12-month low of $12.64 and a 12-month high of $21.93. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 72.30 and a beta of 0.97. The company has a quick ratio of 1.61, a current ratio of 2.42 and a debt-to-equity ratio of 0.27.

NOV Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, September 11th. NOV’s dividend payout ratio is presently 138.46%.

Insider Activity

In related news, Director David Harrison sold 9,594 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $19.21, for a total transaction of $184,300.74. Following the completion of the sale, the director directly owned 126,763 shares of the company’s stock, valued at approximately $2,435,117.23. This trade represents a 7.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.15% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on NOV. Zacks Research cut NOV from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NOV in a report on Monday, September 21st. TD Cowen increased their target price on shares of NOV from $25.00 to $26.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Morgan Stanley set a $21.00 price target on shares of NOV in a research report on Wednesday, July 15th. Finally, Citigroup cut their price target on shares of NOV from $22.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $21.23.

Check Out Our Latest Stock Report on NOV

About NOV

(Get Free Report)

NOV Inc (NYSE: NOV) is a Houston-based technology and equipment provider serving the global energy industry. The company develops and manufactures products and systems used in oil and natural gas drilling, well construction, completion and production operations.

Its offerings include land and offshore drilling rigs, rig equipment and components, downhole tools, drill pipe, wellbore technologies, pressure-control systems, and equipment used to enhance production. NOV also provides aftermarket parts, technical support, maintenance and other services designed to help energy companies operate and maintain their equipment.

The company was formed in 2005 through the merger of National Oilwell and Varco International, building on businesses with much longer histories in the oilfield equipment industry.