Noble Corporation stock, offshore drilling

Noble Corporation stock gains 4.30 percent as consensus stays Hold

Published on 10/05/2026 at 21:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Noble Corporation stock has a USD 44.71 average target from nine analysts as of October 2, 2026. Q2 revenue reached USD 719.69 million.

Noble Corporation stock,  offshore drilling,  analyst consensus,  quarterly results,  NYSE, Illustration mit AI erstellt.
Noble Corporation stock, offshore drilling, analyst consensus, quarterly results, NYSE, Illustration mit AI erstellt.

Noble Corporation stock was trading at USD 42.45 on the NYSE on October 5, 2026, up 4.30 percent at 3:54 p.m. ET. The latest analyst consensus gives the stock a Hold rating and a USD 44.71 average 12-month target, placing the target 5.32 percent above the current price, according to MarketBeat on October 2, 2026.

Consensus target sits above price

Nine brokerages cover Noble, with five Hold ratings, two Buy ratings, one Strong Buy rating and one Sell rating. The USD 44.71 average target is measured against the October 5 price of USD 42.45, giving investors a concrete gap between the market quotation and the published consensus.

The distribution also shows why the average target does not represent a uniform view. The nine recommendations span four rating categories, while Noble's 52-week range runs from USD 26.70 to USD 54.98 as of October 5, 2026.

J.P. Morgan keeps a lower target

J.P. Morgan maintained a Hold rating on Noble and set a USD 40.00 price target in a report dated October 3, 2026, according to Markets Insider. That target sits below the October 5 quotation, contrasting with the broader USD 44.71 consensus.

Second quarter exposed the risk

For Q2 2026, Noble reported revenue of USD 719.69 million and a GAAP net loss of USD 36.68 million, compared with revenue of USD 848.65 million and net profit of USD 42.87 million a year earlier, according to Markets Insider.

MarketBeat reported that adjusted EPS was USD 0.01, missing the USD 0.15 consensus by USD 0.14, while quarterly revenue fell 15.2 percent year over year but exceeded the USD 697.98 million estimate.

Stock stays below yearly high

Noble's market capitalization was USD 6.8 billion and volume was 899,128 shares on October 5, 2026. The stock's USD 42.45 intraday price remained below the 52-week high of USD 54.98 and above the 52-week low of USD 26.70.

Noble Corporation stock facts

  • Company: Noble Corporation plc
  • Ticker: NE
  • Trading venue: NYSE
  • Price (as of October 5, 2026, 3:54 p.m. ET): USD 42.45
  • Market capitalization: USD 6.8 billion (as of October 5, 2026)
  • 52-week range: USD 26.70-54.98 (as of October 5, 2026)
  • Sector / Industry: Energy / Oil and Gas Drilling

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