Noble is a oil & gas drilling company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker NE on the NYSE exchange.
Noble stock last closed at $19.75, down 3.28% from the previous day, and has decreased 57.37% in one year. It has underperformed other stocks in the Oil & Gas Drilling industry by 0.08 percentage points. Noble stock is currently +13.51% from its 52-week low of $17.40, and -59.48% from its 52-week high of $48.74.
At the moment, there are 159.19M shares of NE outstanding. The market value of NE is $3.14B. In the last 24 hours, 2.19M NE shares were traded.
How to Buy Noble Stock
Not sure how to invest in Noble stock? Here's how.
Figure out where to buy Noble stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Noble stock.
Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Fund your investment account: Pick your method of payment and add your information.
Evaluate Noble stock: The Noble ticker symbol is NE. Is Noble stock a good investment? Should you buy shares of NE? How do NE's underlying business fundamentals look? Do top analysts think Noble is a good buy? Why has NE's stock price moved recently? (Hint: Our stock research tools can help you decide if NE is a good stock to buy).
Execute your NE purchase: Decide if you will purchase NE shares at the current market price or use a limit order to purchase NE shares at a specific price.
Track your investment in NE: Create a watchlist to the latest updates on your new investment in Noble stock.
Step 1: Figure out where to buy Noble stock
You will need a brokerage account to access the NYSE market and buy NE stock.
A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in NE stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Noble stock
Once you have identified the best place to buy Noble stock, it's important to analyze their stock prior to investing, so you truly understand the risk as well as the upside.
Noble stock quick numbers
NE Price
$19.75
1w %
1.7%
1y %
-57.37%
5y %
N/A
P/E
6.56x
P/B
0.68x
P/S
0.96x
PEG
N/A
Revenue
$3.06B
Earnings
$448.35M
Fore. Rev. Growth
9.68%
Fore. Earn. Growth
-6.22%
Market Cap
$3.14B
Next Earnings
May 5, 2025
Next Dividend
N/A
Fundamentals of NE
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NE's stock page.
What is the fair value of NE stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NE's fair value.
Using relative valuations ratios:
NE may be overvalued based on its P/E ratio of 6.56x, relative to Oil & Gas Drilling industry P/E ratio of 2.07x
NE could be overvalued based on its P/B ratio of 0.68x, relative to Oil & Gas Drilling industry P/B ratio of 0.5x
You can do additional valuation analysis on NE's stock here.
NE Financial Health Summary
Passed Financial Due Diligence Checks:
NE earnings of $586.55M is not sufficient to cover its interest payments.
NE's operating cash flow of $655.48M allows it to safely service it's debt of $1.98B.
There are more short-term assets than short-term liabilities on the NE balance sheet.
Failed Financial Due Diligence Checks:
There are more long-term liabilities than short-term assets on the NE balance sheet.
NE has a relatively high debt to equity ratio of 0.71.
NE profit margin has gone down from 18.6% to 14.7% in the past year.
Do analysts think it's a good time to buy NE stock
Out of 6 Wall Street analysts who give ratings on NE, the consensus analyst rating on NE is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest NE Analyst Upgrades/Downgrades
Nikhil Gupta, a bottom 16% analyst from Citigroup maintains NE with a strong buy rating and lowers their NE price target from $45.00 to $40.00, on Nov 27, 2024.
You can dive deeper into what analysts are saying on the Noble stock forecast page.
NE Technicals
SMA10
19.63
SMA20
21.5
SMA50
24.26
SMA100
28.26
SMA200
33.05
MACD
-1.45
MACD Signal
-1.52
MACD Histogram
0.07
RSI
41.04
Stochastic %K
34.35
Stochastic %D
31.78
StochRSI %K
81.44
StochRSI %D
77.1
NE Revenue
Last year, NE earnings were $448.35M. In the past three year, NE's earnings have grown by 95.45% per year. This was faster than the Oil & Gas Drilling industry average of 45.62%.
Last year, NE revenue was $3.06B. During the past four year, NE's revenue has gone up by 35.54% per year. This was faster than the Oil & Gas Drilling industry average of 12.63%.
Noble pays a dividend of 5.06%, compared to the Oil & Gas Drilling industry's average dividend yield of 5.34%. If you owned $1,000 of NE stock, you would have received $50.63 in the past 12 months.
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Step 5: Execute your NE purchase
There are two main order types:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are mostly the easiest way to buy.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and eToro will place the order.
If you require more help with buying stocks on eToro, watch the helpful video below:
As of Apr 21, 2025, it costs $19.75 to buy one share of Noble stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.456 shares of NE.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.