Noble Corporation plc A (NE) Stock Analysis
Energy · Oil & Gas Drilling
Sell if holding. At $45.40, A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: ExxonMobil (19.7%); Concentration risk — Customer: BP (13.2%).
Noble Corporation is a leading offshore drilling contractor with a fleet of 36 mobile offshore drilling units (25 floaters, 11 jackups) operating globally across deepwater and ultra-harsh environments. Revenue is earned on dayrate contracts with international oil companies;... Read more
Sell if holding. At $45.40, A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: ExxonMobil (19.7%); Concentration risk — Customer: BP (13.2%). Chart setup: No clear chart pattern; technical signals are mixed. Score 4.8/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 45d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-15Recent Developments — Noble Corporation plc A
Latest news
- NEWS Noble (NE) Q1 2025 Earnings Call Transcript - AOL.com — AOL.com neutral
- NEWS Noble (NE) Q3 2024 Earnings Call Transcript - The Globe and Mail — The Globe and Mail neutral
- NEWS Noble (NE) Q1 2025 Earnings Call Transcript - The Globe and Mail — The Globe and Mail neutral
- NEWS NE (Noble) reports sharp EPS miss even as 7.5 percent annual revenue growth drives minor share gains. - Social Momentum — Xã Vĩnh Công negative
- NEWS Noble (NYSE:NE) Rating Lowered to Strong Sell at Zacks Research - MarketBeat — MarketBeat negative
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerExxonMobil20%10-K Item 1: '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'
- HIGHCustomerBP13%10-K Item 1: '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'
- HIGHCustomerPetrobras13%10-K Item 1: '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 Gulf27%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'
- HIGHGeographicGuyana20%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 as Director effective at commencement of 2026 Annual General Meeting; will not stand for re-election. No disagreement with Board cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
Revenue shrinking — -10.8% YoY. Growth thesis broken unless recovery story develops.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.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. At $45.40, A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: ExxonMobil (19.7%); Concentration risk — Customer: BP (13.2%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $43.28. Score 4.8/10, moderate confidence.
Take-profit target: $53.30 (+17.2% upside). Prior stop was $43.28. Stop-loss: $43.28.
Concentration risk — Customer: ExxonMobil (19.7%); Concentration risk — Customer: BP (13.2%); Analyst target reached - limited upside remaining.
Noble Corporation plc A trades at a P/E of 32.8 (forward 18.3). TrendMatrix value score: 5.7/10. Verdict: Sell.
20 analysts cover NE with a consensus score of 3.7/5. Average price target: $50.
What does Noble Corporation plc A do?Noble Corporation is a leading offshore drilling contractor with a fleet of 36 mobile offshore drilling units (25...
Noble Corporation is a leading offshore drilling contractor with a fleet of 36 mobile offshore drilling units (25 floaters, 11 jackups) operating globally across deepwater and ultra-harsh environments. Revenue is earned on dayrate contracts with international oil companies; ExxonMobil, BP, and Petrobras accounted for 19.7%, 13.2%, and 12.5% of 2025 revenues respectively.