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Noble Corp plc (NE-WT) Stock Fundamental Analysis & AI Rating 2026

NE-WT NYSE Drilling Oil & Gas Wells X0 CIK: 0001895262
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
69% Confidence
STRONG AGREEMENT
HOLD
68% Conf
HOLD
70% Conf

📊 NE-WT Key Takeaways

Revenue: $3.3B
Net Margin: 6.6%
Free Cash Flow: $951.7M
Current Ratio: 1.67x
Debt/Equity: 0.43x
EPS: $1.35
AI Rating: HOLD with 68% confidence
Noble Corp plc (NE-WT) receives a HOLD rating with 69% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.3B, net profit margin of 6.6%, and return on equity (ROE) of 4.8%, Noble Corp plc demonstrates mixed fundamentals in the Energy sector. Below is our complete NE-WT stock analysis for 2026.

Is Noble Corp plc (NE-WT) a Good Investment?

Claude

Noble Corp demonstrates solid financial health with strong cash generation (29% FCF margin) and conservative leverage, but fundamentals are deteriorating with net income down 51.7% YoY despite 7.4% revenue growth. The critically low ROE of 4.8% indicates inadequate capital returns in a highly capital-intensive drilling business, signaling operational headwinds that outweigh balance sheet strength.

ChatGPT

Noble shows steady top-line growth and a conservative balance sheet with strong liquidity and excellent interest coverage. However, profitability compressed sharply year over year with low ROE and a drop in net income and EPS, signaling execution or cycle-related headwinds. Robust operating cash flow supports flexibility, but sustaining FCF depends on maintaining margins and disciplined capital needs in a cyclical market.

Why Buy Noble Corp plc Stock? NE-WT Key Strengths

Claude
  • + Exceptional free cash flow generation at 29% of revenue demonstrates strong operational cash conversion despite profit decline
  • + Conservative balance sheet with 0.43x debt-to-equity ratio and 23.7x interest coverage provides financial flexibility
  • + Healthy liquidity position with 1.67x current ratio and $471.4M cash reserves
ChatGPT
  • + Strong operating cash flow and FCF (29% margin)
  • + Solid liquidity and moderate leverage (current ratio 1.67x, D/E 0.43x)
  • + Excellent interest coverage (23.7x) and positive operating profitability (12.6% margin)

NE-WT Stock Risks: Noble Corp plc Investment Risks

Claude
  • ! Severe profitability deterioration with net income down 51.7% YoY while revenue grew only 7.4% signals operational stress or cost escalation
  • ! Return on equity of 4.8% and ROA of 2.9% are inadequate for a capital-intensive offshore drilling company, suggesting poor capital deployment
  • ! Operating margin of 12.6% combined with declining earnings indicates persistent margin compression and utilization challenges in cyclical sector
ChatGPT
  • ! Sharp YoY decline in net income and EPS indicating margin pressure
  • ! Cyclical offshore drilling exposure with utilization/dayrate sensitivity
  • ! Potential capex/reactivation needs could erode FCF; missing gross margin/capex data adds uncertainty

Key Metrics to Watch

Claude
  • * Quarterly margin recovery trend and operating leverage sustainability
  • * Return on equity trajectory and CapEx impact on cash flow generation
  • * Drilling fleet utilization rates and contract backlog renewal at higher rates
ChatGPT
  • * Operating margin trend
  • * FCF conversion (OCF/Net income)

Noble Corp plc (NE-WT) Financial Metrics & Key Ratios

Revenue
$3.3B
Net Income
$216.7M
EPS (Diluted)
$1.35
Free Cash Flow
$951.7M
Total Assets
$7.5B
Cash Position
$471.4M

💡 AI Analyst Insight

The 29.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

NE-WT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 12.6%
Net Margin 6.6%
ROE 4.8%
ROA 2.9%
FCF Margin 29.0%

NE-WT vs Energy Sector: How Noble Corp plc Compares

How Noble Corp plc compares to Energy sector averages

Net Margin
NE-WT 6.6%
vs
Sector Avg 12.0%
NE-WT Sector
ROE
NE-WT 4.8%
vs
Sector Avg 14.0%
NE-WT Sector
Current Ratio
NE-WT 1.7x
vs
Sector Avg 1.3x
NE-WT Sector
Debt/Equity
NE-WT 0.4x
vs
Sector Avg 0.6x
NE-WT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Noble Corp plc Stock Overvalued? NE-WT Valuation Analysis 2026

Based on fundamental analysis, Noble Corp plc shows some fundamental concerns relative to the Energy sector in 2026.

Return on Equity
4.8%
Sector avg: 14%
Net Profit Margin
6.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.43x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Noble Corp plc Balance Sheet: NE-WT Debt, Cash & Liquidity

Current Ratio
1.67x
Quick Ratio
1.67x
Debt/Equity
0.43x
Debt/Assets
39.6%
Interest Coverage
23.69x
Long-term Debt
$2.0B

NE-WT Revenue & Earnings Growth: 5-Year Financial Trend

NE-WT 5-year financial data: Year 2022: Revenue $1.4B, Net Income -$4.0B, EPS $-15.86. Year 2023: Revenue $2.6B, Net Income $250.2M, EPS $0.98. Year 2024: Revenue $3.1B, Net Income $168.9M, EPS $1.73. Year 2025: Revenue $3.3B, Net Income $481.9M, EPS $3.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Noble Corp plc's revenue has grown significantly by 132% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.32 reflects profitable operations.

NE-WT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
29.0%
Free cash flow / Revenue

NE-WT Quarterly Earnings & Performance

Quarterly financial performance data for Noble Corp plc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $798.0M -$21.1M $-0.13
Q2 2025 $692.8M $42.9M $0.27
Q1 2025 $637.1M $95.5M $0.66
Q3 2024 $697.5M $61.2M $0.40
Q2 2024 $638.5M $65.8M $0.45
Q1 2024 $610.1M $95.5M $0.66
Q3 2023 $305.9M $33.6M $0.41
Q2 2023 $275.2M $401.0K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Noble Corp plc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$951.7M
Cash generated from operations
Stock Buybacks
$20.0M
Shares repurchased (TTM)
Dividends Paid
$320.4M
Returned to shareholders

NE-WT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Noble Corp plc (CIK: 0001895262)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 4 xslF345X06/wk-form4_1773957801.xml View →
Mar 19, 2026 4 xslF345X06/wk-form4_1773957793.xml View →
Mar 16, 2026 DEF 14A ne-20260316.htm View →
Mar 16, 2026 8-K ne-20260312.htm View →
Mar 3, 2026 4 xslF345X05/wk-form4_1772580104.xml View →

Frequently Asked Questions about NE-WT

What is the AI rating for NE-WT?

Noble Corp plc (NE-WT) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NE-WT's key strengths?

Claude: Exceptional free cash flow generation at 29% of revenue demonstrates strong operational cash conversion despite profit decline. Conservative balance sheet with 0.43x debt-to-equity ratio and 23.7x interest coverage provides financial flexibility. ChatGPT: Strong operating cash flow and FCF (29% margin). Solid liquidity and moderate leverage (current ratio 1.67x, D/E 0.43x).

What are the risks of investing in NE-WT?

Claude: Severe profitability deterioration with net income down 51.7% YoY while revenue grew only 7.4% signals operational stress or cost escalation. Return on equity of 4.8% and ROA of 2.9% are inadequate for a capital-intensive offshore drilling company, suggesting poor capital deployment. ChatGPT: Sharp YoY decline in net income and EPS indicating margin pressure. Cyclical offshore drilling exposure with utilization/dayrate sensitivity.

What is NE-WT's revenue and growth?

Noble Corp plc reported revenue of $3.3B.

Does NE-WT pay dividends?

Noble Corp plc pays dividends, with $320.4M distributed to shareholders in the trailing twelve months.

Where can I find NE-WT SEC filings?

Official SEC filings for Noble Corp plc (CIK: 0001895262) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NE-WT's EPS?

Noble Corp plc has a diluted EPS of $1.35.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NE-WT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Noble Corp plc has a HOLD rating with 69% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NE-WT stock overvalued or undervalued?

Valuation metrics for NE-WT: ROE of 4.8% (sector avg: 14%), net margin of 6.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy NE-WT stock in 2026?

Our dual AI analysis gives Noble Corp plc a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NE-WT's free cash flow?

Noble Corp plc's operating cash flow is $951.7M, with capital expenditures of N/A. FCF margin is 29.0%.

How does NE-WT compare to other Energy stocks?

Vs Energy sector averages: Net margin 6.6% (avg: 12%), ROE 4.8% (avg: 14%), current ratio 1.67 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI