Risk factor
Critical default risk
Profitability factor
Overvalued vs peers
About
Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair va
Target Price
The average target price of NE is 39 and suggests 16% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decreas
Buy
Sell