Noble Corporation plc A (NE) Stock Analysis
Breakout setup
Energy · Oil & Gas Drilling
Sell if holding. Analyst target reached at $50.89 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (3).
Noble Corporation provides offshore contract drilling services via 36 drilling rigs (25 floaters, 11 jackups) deployed globally to oil and gas companies, completing the Diamond Offshore acquisition in September 2024. Revenue comes from dayrate drilling contracts primarily with... Read more
Sell if holding. Analyst target reached at $50.89 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (3). Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Score 4.5/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.40, earnings proximity 91d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerExxonMobil (19.7% of revenues)20%10-K Item 1A: 'ExxonMobil, BP, and Petrobras accounted for approximately 19.7%, 13.2%, and 12.5% respectively, of our consolidated operating revenues for the year ended December 31, 2025'
- MEDIUMGeographicUS Gulf (27.1% of revenues)27%10-K Item 1A: 'operations in the US Gulf, Guyana, and the North Sea accounted for approximately 27.1%, 19.7%, and 16.9%, respectively, of our consolidated operating revenues for the year ended December 31, 2025'
Material Events(8-K, last 90d)
- 2026-03-16Item 5.02LOWKristin Holth resigned from Noble Corporation's Board effective at the 2026 Annual General Meeting and will not stand for re-election. No disagreement with Board or management cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Revenue shrinking — -10.8% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $50.89 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (3). Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Prior stop was $47.30. Score 4.5/10, moderate confidence.
Take-profit target: $53.48 (+5.2% upside). Prior stop was $47.30. Stop-loss: $47.30.
Analyst target reached - limited upside remaining; Consecutive earnings misses (3); Weak overall score: 4.5/10.
Noble Corporation plc A trades at a P/E of 35.2 (forward 20.3). TrendMatrix value score: 5.3/10. Verdict: Sell.
21 analysts cover NE with a consensus score of 3.6/5. Average price target: $49.
What does Noble Corporation plc A do?Noble Corporation provides offshore contract drilling services via 36 drilling rigs (25 floaters, 11 jackups) deployed...
Noble Corporation provides offshore contract drilling services via 36 drilling rigs (25 floaters, 11 jackups) deployed globally to oil and gas companies, completing the Diamond Offshore acquisition in September 2024. Revenue comes from dayrate drilling contracts primarily with major integrated and national oil companies.