Noble Corporation stock yields 4.79 percent amid mixed analyst ratings
Published on 10/02/2026 at 17:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Noble Corporation stock yields 4.79 percent on the October 1, 2026 quote, while MarketBeat reported on October 2 that nine brokerages held a Hold consensus. The average 1-year target was USD 44.71, giving the stock a defined valuation reference while drilling fundamentals remain uneven.
Target stands above the latest close
The USD 44.71 consensus target lies 7.17 percent above the NYSE close of USD 41.72 on October 1, 2026. The analyst split was five Hold ratings, two Buy ratings, one Strong Buy rating and one Sell rating, a distribution that points to disagreement rather than a unified view.
MarketBeat reported that Noble posted USD 719.69 million of revenue in the second quarter of 2026, above the USD 697.98 million consensus estimate. Revenue nevertheless fell 15.2 percent from the same period a year earlier, while reported earnings per share came in at USD 0.01 versus USD 0.15 expected.
Brazil pressure lowered guidance
A July 28, 2026 earnings summary from Investing.com said the suspension of two Brazilian rigs cost USD 43.00 million in the second quarter. The same summary said Noble reduced full-year 2026 adjusted EBITDA guidance to USD 850.00 million to USD 925.00 million from USD 940.00 million to USD 1.02 billion, while its backlog stood at USD 6.80 billion.
That combination creates the central tension in the valuation. Contract coverage provides visibility, but the second-quarter revenue decline and Brazil-related disruption weigh on near-term earnings quality. The USD 44.71 target is therefore a market expectation, not a company forecast.
NYSE snapshot and company profile
On October 2, 2026, the NYSE quote was USD 41.12 at 11:54 a.m. ET, down 1.45 percent from the USD 41.72 prior close. Noble had a market capitalization of USD 6.6 billion, while its 52-week range was USD 26.69 to USD 54.98. Noble operates as an offshore drilling contractor serving oil and gas companies through drillships, semisubmersible rigs and jackups.
Noble Corporation market snapshot
- Company: Noble Corporation plc
- Ticker: NE
- Primary exchange: NYSE
- Market capitalization: USD 6.6 billion (as of October 2, 2026)
- 52-week range: USD 26.69-54.98 (as of October 1, 2026)
- Sector / Industry: Energy / Oil & Gas Drilling
