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NOV (NOV) Q3 2026 earnings — TrendMatrix coverage

IN LINE+0.1% vs estimateEPS $0.25 vs $0.25 estVerdict Buy (Wait) → Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$0.25
Estimate
$0.25
Surprise
+0.1%
Score at report (before → after)
4.7 → 4.7/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q3 2026

How the report landed

NOV (NOV) reported adjusted EPS of $0.25, in line with the $0.25 estimate. TrendMatrix's engine moved from Buy (Wait) (4.7/10) to Sell at 4.7/10 after the report.

Around the report

Coverage in the report window

  • NOV Q3 2026 Earnings Call Transcript — benzinga, 2026-10-28
  • NOV Inc. Reports Third Quarter 2026 Financial Results — fiscal.ai, 2026-10-27
  • NOV Q3 EPS $0.25, Inline, Sales $2.226B Beat $2.198B Estimate — benzinga, 2026-10-27
Current read · as of 2026-10-29

Where TrendMatrix's rating stands now

TrendMatrix currently rates NOV Sell at 4.6/10.

1 of the last 4 quarters beat the estimate; this quarter's +0.1% surprise compares with a -60.7% four-quarter average. Next scheduled report: 2027-02-03.

What supports the rating

  • Sector modifier (Energy): +1.2

What argues against it

  • Thin upside margin: 3.9%
  • V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1)
  • Consecutive earnings misses (2)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$19.12
Price target
$19.87
Stop
$17.88
Upside to target
+3.9%
Reward-to-risk
0.6:1

The stock trades at 47.0× trailing but 15.0× forward earnings — consensus estimates already build in a substantial earnings recovery.

Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.

Energy context

NOV at TrendMatrix's latest read

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry
Oil & Gas Equipment & Services
Market cap
$6.87B
P/E (fwd)
15.0
P/E (ttm)
47.0
52-week range
$14.30–$21.93
Off 52-week high
12.8%
RSI (14)
51
Volume vs avg
0.14×
Score today
4.6/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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