$NE

Wall Street analyst calls covered Ford (F) upgraded to Buy at Citigroup with a $20 target, Caterpillar (CAT) cut to Neutral at Baird with a $900 target, and Reddit (RDDT) initiated as Overweight at KeyBanc with a $225 target. Other moves included Bloom Energy (BE) Buy at $290 and Texas Instruments (TXN) Buy at $405. Market context cited a Dow gain and lower oil.

US stocks settled mostly higher as Q2 earnings results beat expectations, with 86% of 170 S&P 500 companies so far topping estimates, per Bloomberg. Megacap tech results were awaited from Microsoft and Meta (Wed) and Amazon and Apple (Thu). Consumer confidence fell to 90.8 and Richmond Fed manufacturing rose to 5. Crypto-linked shares fell after Bitcoin dropped.

Noble (NYSE:NE) shares fell about 9% to around $39 after Q2 results, driven by a profit and margin squeeze tied to a one-off suspension related to Brazil operations. Q2 revenue fell to $679.4m from $812.1m, net income swung to a $36.7m loss, while adjusted EBITDA was $212m. Backlog remains about $6.8b.

Analyst estimates for Noble Corporation plc A show the average 12-month price target cut to $47.17 from $47.75, with a range of $35 to $60, based on 15 analysts. Using the Jul. 27 close, the target implies about 9% upside. The consensus rating remains “Hold” (4 Buys, 11 Holds, 1 Sell) among 16 analysts.

Noble Corp reported a quarterly loss of $37 million after Petrobras suspended offshore rigs Noble Faye Kozack and Noble Courage in Brazil, according to the company. The suspension affected drilling activity and contributed to the deficit.

Noble Corporation (NYSE:NE) reported Q2 CY2026 revenue of $719.7 million, down 15.2% year on year, but 3.6% above estimates. Non-GAAP EPS was $0.01, 94.6% below consensus. The company cited a $43 million impact from suspending two rigs in Brazil and said a debt refinancing should improve cash benefits. Shares fell 7.4% to $39.95.

Noble Corp plc (NE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991-q22026pressrele.htm EX-99.1 Document EXHIBIT 99.1 PRESS RELEASE NOBLE CORPORATION PLC ANNOUNCES SECOND QUARTER 2026 RESULTS • Approximately $200 million in new contract value since the April fleet status report, including a 6-well contract for the Noble Vikin

Noble Corp’s shares fell about 6.5% in after-hours after it reported Q2 2026 results. Adjusted EPS was $0.01 versus about $0.19 expected, with a net loss of $37 million versus net income $43 million a year earlier. Q2 revenue was $720 million, up slightly, but full-year 2026 revenue guidance was cut to $2.80 billion to $2.90 billion from about $2.97 billion consensus, citing Brazil rig suspensions.

Noble Corporation plc (NE) reported Q2 2026 results with a net loss and lowered full-year outlook, citing $43 million of Brazil rig suspensions. The company said backlog remains strong at $6.8 billion. It also expects refinancing to provide $35 million in annual cash benefits, supporting future growth.

Noble Corporation (NYSE: NE) will report earnings Monday after market hours. The prior quarter revenue was $785.7 million, down 10.2% year on year, and it beat analysts on EPS and revenue. For the upcoming quarter, analysts expect revenue to fall 18.1% y/y. NE is up 12.5% over a month; average analyst price target is $48.73 vs $43.12.