National Oilwell Varco Inc. ($NOV) Stock Forecast: Up 1.4% Today

What is National Oilwell Varco Inc.?

NOV Inc. (NOV) operates in the oil and gas industry and witnessed a significant upward movement in the stock market today.

Why is National Oilwell Varco Inc. going up?

NOV stock is up 1.4% on Mar 19, 2026 14:42

• While NOV has lagged behind its industry peers and failed to reach its yearly peak in February, its stock showed bullish activity today.
• The appointment of Sanjay K. Chowbey, an experienced industrial executive, to NOV's board of directors may have instilled greater investor faith in the company's governance and future outlook.
• Anticipation surrounding the upcoming earnings conference call on April 28, 2026, could have generated positive sentiment among investors, contributing to today's upward market movement.
• Earnest Partners LLC's decision to increase its investment in NOV by purchasing more shares reflects institutional trust in the company's potential for long-term growth, potentially fueling today's bullish trend.

NOV Price Chart

NOV Technical Analysis

NOV News

NOV Inc. stock underperforms Wednesday when compared to competitors

NOV Inc. stock (NOV) fell by 2.20% to $18.25 on Wednesday, underperforming the broader market. The S&P 500 Index and Dow Jones Industrial Average also experienced declines. NOV Inc. closed 12.49% below its 52-week high achieved in February.

https://www.marketwatch.com/data-news/nov-inc-stock-underperforms-wednesday-when-compared-to-competitors-61d72e21-894887ff8779?gaa_at=eafs&gaa_n=AWEtsqfWjYgE-FcgJ-iTPY2lOTwXbYLHviVmTw_G7txEo2o3-hcbBaQBV27E&gaa_ts=69bbb9ae&gaa_sig=c3DzvKzBXUR8m25t4dhULTJQwpqZtHxaxl61SS_ruCROh77fMNIxj6rc8zH7K0qWrJ_Tc1s-ku27zJ1AeJnKfQ%3D%3D

NOV adds seasoned industrial leader to its board

NOV Inc. has appointed Sanjay K. Chowbey, President and CEO of Kennametal Inc., to its Board of Directors, a move aimed at enhancing governance and shareholder value. Chowbey brings over 20 years of global manufacturing and industrial technology leadership experience to the nine-member board. Despite this positive development, TipRanks' AI Analyst, Spark, rates NOV as "Neutral" due to a balance of strong fundamentals with weakening revenue and margins.

https://www.tipranks.com/news/company-announcements/nov-adds-seasoned-industrial-leader-to-its-board

Sanjay K. Chowbey appointed to NOV board, to join Audit Committee

NOV (National Oilwell Varco) has appointed Sanjay K. Chowbey to its board of directors, effective March 17, 2026. Chowbey, who is 58 and currently the President & CEO of Kennametal, will also serve on the Board’s Audit Committee. He brings over 20 years of experience in leading global manufacturing and industrial technology businesses.

https://www.tradingview.com/news/tradingview:4f4aa6566f773:0-sanjay-k-chowbey-appointed-to-nov-board-to-join-audit-committee/

NOV Announces First Quarter 2026 Earnings Conference Call

NOV Inc. (NYSE: NOV) will host a conference call on Tuesday, April 28, 2026, at 10 a.m. Central Time, to discuss its first-quarter 2026 financial results. The company plans to release its earnings statement after the market closes on Monday, April 27, 2026, and the call will be accessible via webcast on its investor relations website. This call will provide an overview of NOV's performance and operations for the first quarter of 2026.

https://www.manilatimes.net/2026/03/17/tmt-newswire/globenewswire/nov-announces-first-quarter-2026-earnings-conference-call/2301279

Earnest Partners LLC Acquires 77,429 Shares of NOV Inc. $NOV

Earnest Partners LLC increased its stake in NOV Inc. by 1.9% in the third quarter, acquiring an additional 77,429 shares and bringing their total holdings to over 4.1 million shares. Other institutional investors also adjusted their positions in NOV. The company recently reported quarterly earnings below analyst estimates but announced an increase in its quarterly dividend.

https://www.marketbeat.com/instant-alerts/filing-earnest-partners-llc-acquires-77429-shares-of-nov-inc-nov-2026-03-16/

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National Oilwell Varco Inc. Price History

08.00.2026 - NOV Stock was up 5.1%

• The announcement of NOV's upcoming fourth quarter and full year 2025 earnings conference call has likely generated positive investor sentiment and anticipation for strong financial results.
• The surge in NOV's stock price by 6.5% can be attributed to the rise in WTI crude oil prices, indicating a positive correlation between oil prices and NOV's performance.
• Despite reaching a new 52-week high and positive insider buying activity, mixed analyst sentiment and previous earnings miss may have led to cautious optimism among investors regarding NOV's future performance.
• The disconnect between NOV's share price growth and three-year earnings decline suggests that market sentiment may not fully align with the company's business performance, prompting a closer watch on sustained gains.

04.01.2026 - NOV Stock was up 5.1%

• Several institutional investors have been actively purchasing shares of NOV Inc., including notable names such as New York State Common Retirement Fund, Keybank National Association OH, Greenhaven Associates Inc., Tejara Capital Ltd, and SummerHaven Investment Management LLC.
• Director Christian S. Kendall displayed confidence in the company by significantly increasing his holdings through the purchase of 70,000 shares.
• Despite differing analyst ratings and a failure to meet earnings expectations in Q3, the surge in institutional ownership and insider buying are likely factors behind the positive stock movement seen in NOV.
• Overall market sentiment appears to be favorable towards NOV Inc., with a significant portion of the company's stock being held by institutions, reflecting strong investor interest in the company's future prospects.

03.11.2025 - NOV Stock was up 6.0%

• NOV stock saw a bullish movement attributed to optimistic investors following positive earnings estimates post the last financial report.
• Investor optimism about NOV's future performance may be linked to indicators mentioned.
• Favorable market reaction to recent financial performance is propelling NOV's stock price upwards.

16.11.2025 - NOV Stock was down 5.1%

• Despite a Neutral recommendation and an increased price target from Citigroup, NOV Inc. observed a bearish movement, potentially influenced by market conditions or company-specific factors.
• The recent strategic partnership with Natura Resources and the acquisition of Shepherd Power in line with the small modular reactor strategy were viewed as positive long-term developments but did not deter the short-term bearish movement.
• NOV Inc.'s recent achievement of a 52-week high, coupled with a robust financial health score and consistent dividend track record, may have heightened expectations, leading to profit-taking and the bearish trend.
• Despite daily gains, NOV Inc. lagging behind its competitors might suggest investor attention shifting to other companies in the sector, impacting NOV's stock price negatively.

10.02.2026 - NOV Stock was up 5.0%

• Quantbot Technologies LP decreased its stake in NOV Inc., signaling a shift in institutional investor sentiment, potentially leading to initial uncertainty in the market.
• Increased put option trading on NOV indicates a rise in bearish sentiment or hedging activity, likely influenced by company insiders selling substantial stakes and NOV missing its quarterly EPS estimates.
• Despite NOV Inc. facing losses over two consecutive days, the stock demonstrated stronger performance compared to its industry peers and the overall market, possibly due to investors recognizing value in the company's long-term outlook amidst short-term difficulties.

20.10.2025 - NOV Stock was down 5.2%

• NOV's decision to declare a regular quarterly dividend could be interpreted by investors as a sign of cash distribution rather than investment in growth opportunities, potentially influencing the bearish sentiment.
• The recent announcement of a leadership transition, including the retirement of Clay Williams and the appointment of Jose Bayardo as CEO effective January 1, 2026, may have created uncertainty and raised questions about the company's future trajectory, contributing to the bearish market trend.
• The conjunction of the dividend declaration and the leadership changes might be prompting investors to sell their NOV shares in anticipation of potential challenges or strategic shifts under the new CEO.

18.01.2026 - NOV Stock was up 5.0%

• GSA Capital Partners LLP increased its stake in NOV Inc., while LSV Asset Management decreased its position, leading to potential market volatility.
• Despite a Q4 loss and missing EPS estimates, NOV exceeded revenue expectations, focusing on portfolio efficiency, share buybacks, and tighter M&A criteria for higher-return growth.
• Director Christian S. Kendall's insider purchase of shares amid institutional sell-offs brings an interesting dynamic to NOV's market situation, possibly indicating confidence in the company's long-term prospects.
• Investors are monitoring NOV's response to energy transition trends and market volatility, as the company strives to reshape its operations for sustainable earnings growth.

19.02.2026 - NOV Stock was up 1.4%

• While NOV has lagged behind its industry peers and failed to reach its yearly peak in February, its stock showed bullish activity today.
• The appointment of Sanjay K. Chowbey, an experienced industrial executive, to NOV's board of directors may have instilled greater investor faith in the company's governance and future outlook.
• Anticipation surrounding the upcoming earnings conference call on April 28, 2026, could have generated positive sentiment among investors, contributing to today's upward market movement.
• Earnest Partners LLC's decision to increase its investment in NOV by purchasing more shares reflects institutional trust in the company's potential for long-term growth, potentially fueling today's bullish trend.

02.00.2026 - NOV Stock was up 5.2%

• Institutional investors, including Voya Investment Management LLC, have been significantly increasing their stakes in NOV Inc., indicating growing confidence in the company despite recent financial results.
• The company's announcement of a quarterly dividend and a director's insider purchase have further bolstered investor sentiment.
• Despite mixed analyst opinions and a "Hold" consensus rating, the increased institutional ownership and insider buying activity suggest a positive outlook for NOV Inc. in the eyes of investors.

31.09.2025 - NOV Stock was down 5.2%

• Recent Q3 earnings from NOV fell short of estimates despite surpassing revenue projections, pointing to operational hurdles.
• Poor performance in the oilfield activity and segments were significant factors impacting NOV's results, contributing to the bearish trend.
• The addition of Jose Bayardo to the Board of Directors may hint at strategic decisions, yet was overshadowed by disappointing earnings, fostering negative market sentiment.
• Investor response indicates apprehension about NOV navigating industry challenges, fueling the stock's decline.

05.01.2026 - NOV Stock was down 5.1%

• The dip in NOV's stock price today could be due to the Q4 2025 financial results, where the company fell short of EPS expectations but exceeded revenue estimates, leaving investors disappointed.
• NOV's cautious outlook for Q1 2026, projecting a decrease in revenue and lower Adjusted EBITDA compared to 2025, likely added to the negative sentiment among traders.
• Market concerns might also stem from the company's net loss in Q4 2025 and the overall decline in net income for the year, despite strong free cash flow and shareholder returns.
• While an endorsement from Barclays and the CEO's strategic plans to revamp the company's portfolio offer hope for the future, current market sentiments appear more influenced by NOV's recent financial performance and outlook.

05.01.2026 - NOV Stock was down 5.7%

• Today's downward trend in NOV's stock price seems to be influenced by the notable EPS shortfall in Q4 2025, despite the strong revenue performance.
• The cautious forecast for Q1 2026, anticipating a decrease in revenue and lower EBITDA compared to the previous year, may have amplified the negative investor sentiment.
• Despite an upgrade to Equal Weight by Barclays and a positive adjustment to the price target, these were insufficient to counterbalance the impact of the earnings miss and conservative future outlook, contributing to the bearish market activity.