NE

NobleB

NYSE / Energy

At close

2026-06-02

Current thesis

Bull case: faster-than-expected contract awards and persistent dayrate recovery raise utilization and cash flow, supporting a premium above the anchor-derived base.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta +6.9.

What can break

Concentration in major customers and contract timing

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $35.70 · Bull $46.20 · Bear $31.50

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-13 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $39.93

Why

Momentum72 · Δ7d +6.9

Value54 · Δ7d +0.9

Sentiment41 · Δ7d +10.2

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

+6.9

Δ21d

+1.5

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.9

Δ21d

+0.3

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+10.2

Δ21d

+12.5

Why this grade

Composite grade B. Momentum 72.0 / Value 54.3 / Sentiment 41.4

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$7.52B

Beta

1.11

Shares Out

158.85M

P/E (TTM)

20.8

P/S (TTM)

1.34

P/FCF (TTM)

63.86

Rev YoY

-0.3%

EPS YoY

-133.2%

Gross Margin

+39.1%

Op Margin

+15.8%

Net Debt

$1.77B

Current Ratio

1.75

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology