Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate NOV Inc. before investing.

In this article, we go over a few key elements for understanding NOV Inc.’s stock price such as:

• NOV Inc.’s current stock price and volume
• Why NOV Inc.’s stock price changed recently
• Upgrades and downgrades for NOV from analysts
• NOV’s stock price momentum as measured by its relative strength

About NOV Inc. (NOV)

Before we jump into NOV Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures. Its Energy Equipment segment provides drilling equipment, such as land rigs, complete offshore drilling packages, and rig components; capital equipment, related consumables, and digital products for hydraulic stimulation, coiled tubing, and wireline services; marine and construction solutions; processing solutions for the separation and treatment of oil, gas, solids, seawater, and produced water production; flexible subsea pipe systems; cavity pumps, specialized mixers and heat exchangers; and reciprocating, multistage, and progressive cavity pumps, midstream products, including closures, transfer pumps, chokes and valves, as well as artificial lift support systems that include production BOPs and stuffing boxes. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

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NOV Inc.’s Stock Price as of Market Close

As of April 24, 2026, 12:03 PM, CST, NOV Inc.’s stock price was $20.425.

NOV Inc. is up 1.01% from its previous closing price of $20.220.

During the last market session, NOV Inc.’s stock traded between $20.175 and $20.560. Currently, there are approximately 364.00 million shares outstanding for NOV Inc..

NOV Inc.’s price-earnings (P/E) ratio is currently at 51.8, which is high compared to the Energy Equipment & Services industry median of 31.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

NOV Inc. Stock Price History

NOV Inc.’s (NOV) price is currently up 8.59% so far this month.

During the month of April, NOV Inc.’s stock price has reached a high of $20.560 and a low of $18.350.

Over the last year, NOV Inc. has hit prices as high as $20.855 and as low as $11.440. Year to date, NOV Inc.’s stock is up 30.68%.

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What Caused NOV Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 23, 2026, there were 0 analysts who downgraded NOV Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate NOV Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on NOV Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

NOV Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about NOV Inc. (NOV) by visiting AAII Stock Evaluator.

Relative Price Strength of NOV Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 23, 2026, NOV Inc. has a weighted four-quarter relative price strength of 7.28%, which translates to a Momentum Score of 76 and is considered to be Strong.

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NOV Inc. Stock Price: Bottom Line

As of April 24, 2026, NOV Inc.’s stock price is $20.425, which is up 1.01% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like NOV Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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