Susquehanna Forecasts Strong Price Appreciation for Noble (NYSE:NE) Stock

Noble (NYSE:NE) had its price target boosted by investment analysts at Susquehanna from $44.00 to $46.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Susquehanna‘s price target would indicate a potential upside of 1.79% from the company’s previous close.

NE has been the topic of several other reports. Fearnley Fonds raised Noble from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen lowered Noble from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Zacks Research upgraded Noble from a “strong sell” rating to a “hold” rating in a research report on Friday, October 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Noble in a report on Thursday, October 22nd. Finally, Barclays lowered their target price on Noble from $55.00 to $53.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Noble currently has a consensus rating of “Hold” and a consensus price target of $45.57.

Noble Stock Down 5.5%

Shares of Noble stock opened at $45.19 on Wednesday. The company has a market cap of $7.21 billion, a price-to-earnings ratio of 136.95 and a beta of 1.00. The company’s 50 day moving average is $44.46 and its 200 day moving average is $44.13. Noble has a twelve month low of $27.67 and a twelve month high of $54.98.

Noble (NYSE:NE) last posted its earnings results on Monday, October 26th. The company reported ($0.57) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.80). The business had revenue of $728.76 million for the quarter, compared to analyst estimates of $713.82 million. During the same period in the previous year, the business posted ($0.13) earnings per share. The company’s revenue for the quarter was down 8.6% compared to the same quarter last year. Sell-side analysts expect that Noble will post 0.47 EPS for the current fiscal year.

Institutional Trading of Noble

Several hedge funds have recently bought and sold shares of NE. MassMutual Private Wealth & Trust FSB bought a new position in shares of Noble in the third quarter worth about $40,000. Versant Capital Management Inc grew its stake in shares of Noble by 44.4% during the 2nd quarter. Versant Capital Management Inc now owns 1,243 shares of the company’s stock valued at $46,000 after acquiring an additional 382 shares during the period. Parallel Advisors LLC grew its stake in shares of Noble by 43.7% during the 1st quarter. Parallel Advisors LLC now owns 2,693 shares of the company’s stock valued at $132,000 after acquiring an additional 819 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Noble by 20.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,080 shares of the company’s stock worth $151,000 after acquiring an additional 521 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in Noble in the 2nd quarter worth approximately $118,000. Institutional investors own 68.14% of the company’s stock.

More Noble News

Here are the key news stories impacting Noble this week:

• Positive Sentiment: Noble declared a quarterly cash dividend of $0.50 per share, or $2.00 annualized, implying a yield of roughly 4.2%. The dividend is payable December 17 to shareholders of record November 25. Noble Corporation Dividend Announcement
• Positive Sentiment: Third-quarter revenue of approximately $728.8 million topped analysts’ expectations of $713.8 million. Investors are also assessing whether recent contract awards and backlog improvements can offset softer near-term revenue. Can Contract Awards Offset Softer Revenue at Noble
• Neutral Sentiment: Management’s earnings-call commentary and outlook remain important for the stock because Noble operates in a cyclical offshore-drilling market. Investors are focused on rig utilization, day rates, contract coverage and the timing of new awards. Noble Q3 2026 Earnings Call Transcript
• Negative Sentiment: Noble reported a $0.57-per-share loss, far below the $0.23-per-share profit analysts expected and worse than the $0.13 loss recorded a year earlier. The result reportedly included an approximately $133 million tax charge, turning an otherwise revenue-beating quarter into a substantial loss. Noble Q3 2026 Earnings
• Negative Sentiment: Revenue declined 8.6% year over year, and Noble adjusted its full-year revenue guidance. The combination of weaker sales, a sharp EPS miss and lower guidance prompted a negative market reaction despite the dividend and revenue beat. Noble Q3 Results and Guidance

Noble Company Profile

Noble Corporation plc (NYSE: NE) is an offshore drilling contractor that provides drilling services to the global oil and gas industry. The company operates a fleet of offshore drilling units, including drillships, semisubmersible rigs and jackup rigs, which are used to explore for and develop oil and natural gas reserves beneath the seabed.

Noble’s services include contract drilling, well planning, project management and other related support services. Its drilling units are designed to operate in a range of offshore environments, including deepwater and harsh-environment locations.