Analysts expect NOV Inc. to report Q2 2026 revenue of $2.31 billion and earnings of $0.16 per share, with the stock currently trading at $18.45 compared to an average price target of $22.50. Investors are primarily focused on the company’s new equipment order intake and the recovery rate of offshore drilling demand.
Following several quarters of margin expansion, market participants are looking for sustained growth in the Energy Equipment segment backlog. Additionally, management’s outlook on international project final investment decisions will be critical for assessing long-term revenue visibility in a volatile energy price environment.