$16.25
2.17% yesterday
NYSE, Nov 25, 10:10 pm CET
ISIN
US6370711011
Symbol
NOV

National-Oilwell Varco Target price 2024 - Analyst rating & recommendation

National-Oilwell Varco Classifications & Recommendation:

Buy
59%
Hold
30%
Sell
11%

National-Oilwell Varco Price Target

Target Price $20.23
Price $16.25
Potential
Number of Estimates 22
22 Analysts have issued a price target National-Oilwell Varco 2025 . The average National-Oilwell Varco target price is $20.23. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 27 analysts: 16 Analysts recommend National-Oilwell Varco to buy, 8 to hold and 3 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the National-Oilwell Varco stock has an average upside potential 2025 of . Most analysts recommend the National-Oilwell Varco stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 8.57 8.84
18.50% 3.13%
EBITDA Margin 10.88% 12.49%
41.61% 14.75%
Net Margin 11.35% 6.86%
440.97% 39.55%

21 Analysts have issued a sales forecast National-Oilwell Varco 2024 . The average National-Oilwell Varco sales estimate is

$8.8b
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. This is
0.66% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$9.0b 0.95%
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, the lowest is
$8.8b 1.58%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $8.6b 18.50%
2024
$8.8b 3.13%
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2025
$9.1b 2.71%
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2026
$9.3b 2.77%
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2027
$9.6b 2.90%
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2028
$10.0b 3.63%
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23 Analysts have issued an National-Oilwell Varco EBITDA forecast 2024. The average National-Oilwell Varco EBITDA estimate is

$1.1b
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. This is
14.31% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.1b 11.27%
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, the lowest is
$1.1b 14.84%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $933m 67.81%
2024
$1.1b 18.30%
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2025
$1.2b 8.30%
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2026
$1.3b 7.50%
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2027
$1.3b 1.25%
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2028
$1.4b 6.84%
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EBITDA Margin

2023 10.88% 41.61%
2024
12.49% 14.75%
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2025
13.16% 5.36%
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2026
13.77% 4.64%
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2027
13.55% 1.60%
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2028
13.97% 3.10%
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12 National-Oilwell Varco Analysts have issued a net profit forecast 2024. The average National-Oilwell Varco net profit estimate is

$606m
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. This is
42.32% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$716m 31.85%
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, the lowest is
$510m 51.48%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $973m 541.03%
2024
$606m 37.70%
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2025
$606m 0.04%
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2026
$640m 5.58%
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2027
$724m 13.16%
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2028
$786m 8.60%
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Net Margin

2023 11.35% 440.97%
2024
6.86% 39.55%
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2025
6.67% 2.77%
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2026
6.85% 2.70%
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2027
7.54% 10.07%
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2028
7.90% 4.77%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.50 1.56
541.03% 37.60%
P/E 10.43
EV/Sales 0.88

12 Analysts have issued a National-Oilwell Varco forecast for earnings per share. The average National-Oilwell Varco <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.56
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. This is
42.22% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.84 31.85%
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, the lowest is
$1.31 51.48%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.50 541.03%
2024
$1.56 37.60%
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2025
$1.56 0.00%
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2026
$1.64 5.13%
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2027
$1.86 13.41%
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2028
$2.02 8.60%
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P/E ratio

Current 6.01 60.23%
2024
10.43 73.54%
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2025
10.44 0.10%
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2026
9.89 5.27%
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2027
8.74 11.63%
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2028
8.04 8.01%
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Based on analysts' sales estimates for 2024, the National-Oilwell Varco stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.88 22.12%
2024
0.88 0.15%
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2025
0.86 2.64%
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2026
0.83 2.70%
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2027
0.81 2.80%
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2028
0.78 3.51%
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P/S ratio

Current 0.71 21.44%
2024
0.72 0.66%
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2025
0.70 2.64%
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2026
0.68 2.70%
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2027
0.66 2.80%
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2028
0.64 3.51%
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