Noble Corporation stock gets a USD 44 target from Susquehanna
Published on 10/08/2026 at 04:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Noble Corporation stock was last at USD 40.97 on the NYSE on October 7, 2026, at 3:59 p.m. ET, down 1.16 percent on the session. The latest analyst action came from Susquehanna, which raised its price target to USD 44 from USD 40 on October 5, 2026, while keeping a Neutral rating, according to Markets Insider.
Susquehanna lifts target to USD 44
The move puts the new target USD 4 above the previous USD 40 level and gives the latest broker action a more constructive direction, even though the rating stayed Neutral. Susquehanna linked its view to an improving backdrop for oilfield services and higher upstream spending expectations for 2027, as Markets Insider reported on October 5, 2026.
Quarterly figures show the risk
Noble's second-quarter 2026 revenue was USD 719.69 million, down 15.2 percent from the year-earlier quarter, while the company posted a GAAP net loss of USD 36.68 million versus a net profit of USD 42.87 million a year earlier, according to Markets Insider.
The revenue figure exceeded the USD 697.98 million consensus cited by MarketBeat, but earnings per share of USD 0.01 missed the USD 0.15 estimate by USD 0.14. The combination leaves Noble with a clear operating tension: demand expectations support the target revision, while recent quarterly profitability remains under pressure.
Hold consensus targets USD 44.71
MarketBeat reported a Hold consensus from nine brokerages on October 2, 2026, comprising five Hold, two Buy, one Strong Buy and one Sell rating. Its average 12-month target of USD 44.71 lies 9.1 percent above the USD 40.97 stock price, a quantified upside view that is more moderate than the separate USD 44 Susquehanna target.
Investing.com lists November 3, 2026 as Noble's next earnings date, giving the quarterly report a concrete checkpoint for the guidance and utilization picture.
Stock stays below its yearly high
Noble Corporation stock was last at USD 40.97 on October 7, 2026, against a 52-week range of USD 26.70 to USD 54.98. Its market capitalization was USD 6.5 billion as of October 7, 2026.
Noble Corporation stock facts
- Company: Noble Corporation Plc
- Ticker: NE
- Trading venue: NYSE
- Price (as of October 7, 2026, 3:59 p.m. ET): USD 40.97
- Market capitalization: USD 6.5 billion (as of October 7, 2026)
- 52-week range: USD 26.70-54.98 (as of October 7, 2026)
- Sector / Industry: Energy / Oil and Gas Drilling
Upcoming dates for Noble Corporation stock
- November 3, 2026: Third-quarter earnings
