National Oilwell Varco Inc. ($NOV) Stock Forecast: Up 5.9% Today

What is National Oilwell Varco Inc.?

NOV Inc. (NOV) is a company that provides technology solutions and expertise to the oil and gas industry. The company offers equipment, services, and software for the drilling, completion, and production of oil and gas wells.

Why is National Oilwell Varco Inc. going up?

NOV stock is up 5.9% on Oct 28, 2025 13:45

• Despite missing Q3 earnings estimates, NOV had a strong bullish movement, indicating that investors may be focusing on other positive aspects of the company's performance.
• The appointment of Jose Bayardo to the Board of Directors could be seen as a positive move by investors, potentially boosting confidence in the company's leadership and strategic direction.
• The strong bookings and cash flow from operations reported in the third quarter results may have contributed to the bullish movement, showing resilience in NOV's financial performance despite challenges in the drilling demand.
• Overall, the market movement could be a result of a combination of factors, including positive financial results, strategic appointments, and investor optimism about the company's future prospects.

NOV Price Chart

NOV Technical Analysis

NOV News

Nov Inc. ( NOV ) Misses Q3 Earnings Estimates

Nov Inc. (NOV) delivered earnings and revenue surprises of -54.17% and +1.83%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2778406/nov-inc-nov-misses-q3-earnings-estimates

NOV Reports Third Quarter 2025 Results and Appointment of Jose Bayardo to Board of Directors - NOV ( NYSE:NOV )

Bookings of $951 million, representing a book-to-bill of 141% Net Income of $42 million, or $0.11 per share Cash flow from operations of $352 million and free cash flow* of $245 million Returned $108 million of capital to shareholders through share repurchases and dividends

https://www.benzinga.com/pressreleases/25/10/g48450247/nov-reports-third-quarter-2025-results-and-appointment-of-jose-bayardo-to-board-of-directors

Factors You Need to Know Ahead of NOV's Q3 Earnings Release

NOV gears up to release Q3 earnings report as revenue and profit forecasts point to declines amid softer drilling demand.

https://www.zacks.com/stock/news/2773412/factors-you-need-to-know-ahead-of-novs-q3-earnings-release

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National Oilwell Varco Inc. Price History

23.08.2025 - NOV Stock was up 7.4%

• Securing a crucial contract for Argentina's inaugural FLNG project opens up substantial growth potential for NOV in a previously untapped market.
• This contract victory highlights NOV's adeptness in delivering vital systems for offshore ventures, instilling optimism among investors about the company's future growth.
• The upswing in NOV's stock price can be linked to this favorable development, with investors foreseeing enhanced revenue and market presence for the company in the energy sector.

25.09.2024 - NOV Stock was up 5.3%

• NOV's strong bullish movement today could be attributed to the anticipation of higher revenues in the upcoming Q3 earnings release.
• Despite the expected lower bottom line due to rising costs, investors seem optimistic about the company's growth prospects.
• The positive market movement may also be influenced by the overall bullish sentiment in the oil and gas industry, driven by increasing demand and favorable market conditions.

28.09.2025 - NOV Stock was up 5.9%

• Despite missing Q3 earnings estimates, NOV had a strong bullish movement, indicating that investors may be focusing on other positive aspects of the company's performance.
• The appointment of Jose Bayardo to the Board of Directors could be seen as a positive move by investors, potentially boosting confidence in the company's leadership and strategic direction.
• The strong bookings and cash flow from operations reported in the third quarter results may have contributed to the bullish movement, showing resilience in NOV's financial performance despite challenges in the drilling demand.
• Overall, the market movement could be a result of a combination of factors, including positive financial results, strategic appointments, and investor optimism about the company's future prospects.

07.02.2025 - NOV Stock was up 5.1%

• The bullish movement in NOV stock today could be attributed to:
• Investors' optimism about NOV's potential to recover from its recent earnings report decline, leading to increased buying activity.
• Positive market conditions in the oil and gas sector like rising oil prices or increased demand for drilling services could be boosting NOV's stock price.
• Speculation or rumors about potential new contracts or partnerships for NOV may be driving investor confidence and the bullish movement.

05.01.2025 - NOV Stock was up 8.9%

• Despite a decrease in revenues year-over-year, NOV's Q4 earnings surpassing estimates could indicate efficient cost management or potential growth in other areas of the business.
• The positive earnings report might have boosted investor confidence in NOV's ability to navigate challenges in the oil and gas industry.
• Investors may be optimistic about NOV's future performance, especially with the company's projected guidance for the first quarter of 2025, which could be seen as a positive sign of stability and growth.

23.06.2025 - NOV Stock was up 5.0%

• Despite the expected earnings decline, there was a strong bullish movement in NOV's stock today.
• Investor optimism regarding other aspects of the company or its future outlook may have driven increased buying activity.
• Market movements could be impacted by factors beyond the earnings report, including industry trends and overall market sentiment.
• Investors appear to be focusing on broader factors and finding reasons to be bullish on NOV despite the projected earnings drop for the quarter.

23.06.2025 - NOV Stock was up 5.2%

• Despite expectations of lower revenues and a decline in Q2 earnings, NOV experienced a strong bullish movement.
• Investors might be optimistic about NOV's long-term growth prospects or potential positive surprises in the upcoming earnings report.
• The market movement could also be influenced by external factors or overall market sentiment, rather than just the anticipated earnings decline.
• It's possible that investors are focusing on NOV's strategic initiatives or future guidance, leading to the bullish movement despite the negative earnings outlook.

29.06.2025 - NOV Stock was down 8.0%

• Q2 earnings for NOV fell below projected figures, with both earnings and revenue missing expectations.
• Speculation of reduced revenues and higher cost of goods sold prior to the earnings announcement likely influenced the stock's negative movement.
• Investor apprehension regarding NOV's financial standing and future prospects may have prompted the selling of NOV shares.
• The unsatisfactory Q2 results and worries about the company's financial stability appear to be key factors driving the negative sentiment surrounding NOV's stock today.

01.07.2024 - NOV Stock was down 5.6%

• Despite reporting strong Q2 earnings that surpassed estimates and an increase in revenues year over year, NOV's stock saw a bearish movement.
• The market may have reacted negatively due to the company's cautious guidance for the third quarter, expecting only flat or low single-digit revenue growth.
• Investors might have been disappointed with the lack of significant growth projections, leading to a sell-off in the stock despite the positive earnings report.
• The discrepancy between the positive earnings results and the conservative future outlook could have contributed to the bearish sentiment surrounding NOV's stock today.

22.07.2025 - NOV Stock was up 5.7%

• Despite NOV's recent stock slide of 19% in the past six months, today's bullish movement could indicate a potential turnaround.
• The weak second-quarter earnings, soft drilling demand, offshore delays, and margin pressures could have already been factored into the stock price, leading to a possible oversold situation.
• Investors might be seeing value in NOV at its current price levels, hence the bullish movement today.
• It's essential for investors to closely monitor any developments in the oil and gas industry that could impact NOV's future performance.

29.03.2025 - NOV Stock was down 3.0%

• NOV's Q1 earnings fell below expectations, with a year-over-year decrease in revenues, likely influencing the negative movement in the stock.
• The company's projected adjusted EBITDA for Q2 2025 is lower than anticipated, indicating possible forthcoming challenges.
• Although cost reductions were expected to improve the company's bottom line, the overall outlook for NOV appears to be affected by the drop in revenue and earnings shortfall, contributing to the bearish market trend.

23.09.2025 - NOV Stock was up 5.8%

• Despite forecasts pointing to declines in revenue and profit amid softer drilling demand, NOV's stock saw a strong bullish movement today.
• Analysts estimating a decline in earnings for NOV's upcoming report did not seem to deter investors, as the stock showed significant positive movement.
• The market might be reacting positively to potential cost-cutting measures or strategic shifts within the company that could mitigate the expected earnings decline.
• Investors could be speculating on positive surprises in the earnings report or anticipating future improvements in the company's performance beyond the current challenges in the industry.