NOV

NOVC

NYSE / Energy

At close

2026-07-18

Current thesis

Bull case: persistent offshore/onshore rig activity recovery, continued strong free‑cash‑flow conversion and shareholder returns, plus upside from selective energy‑transition contracts (SMR/supply chain) lift multiples toward the current analyst high.

Posture

Mixed

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta -0.3.

What can break

Energy‑transition investments fail to scale or monetize

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $17.25 · Bull $22.00 · Bear $12.00

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-05 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $22.00

Why

Momentum37 · Δ7d -20.4

Value62 · Δ7d -0.3

Sentiment45 · Δ7d -5.4

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendSoftening

Δ7d

-20.4

Δ21d

-32.4

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.3

Δ21d

+0.1

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-5.4

Δ21d

-5.1

Why this grade

Composite grade C. Momentum 37.3 / Value 61.5 / Sentiment 45.5

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$7.02B

Beta

0.94

Shares Out

358.89M

P/E (TTM)

17.5

P/S (TTM)

0.73

P/FCF (TTM)

9.31

Rev YoY

-2.4%

EPS YoY

-72.6%

Gross Margin

+22.0%

Op Margin

+6.9%

Net Debt

$788M

Current Ratio

2.47

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology