NOV Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NOV's current low price-to-sales ratio suggests undervaluation. Rising call volume could signal investor optimism, while potential oil price increases might boost revenues.




Bearish Case: High implied volatility and significant backwardation suggest market uncertainty. Historical lackluster returns and weak AI forecasts may indicate continued bearish sentiment.




Potential Outcomes:
  • 40% chance: Modest rise if oil prices recover.
  • 35% chance: Continued flat movement due to general uncertainty.
  • 25% chance: Decline from adverse economic conditions.



June 11, 2025


NOV Forecast

NOV        NOV
















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