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Dec 4, 2025 · NOV stock is up, but tariff costs, margin pressures and weak near-term demand temper momentum. Strong offshore backlogs still support its long-term potential.
Jan 12, 2026 · NOV has surged 37.9% in three months as a record $4.56B backlog, offshore momentum and automation gains lift visibility into 2026.
Aug 19, 2025 · NOV's 19% stock slide reflects weak second-quarter earnings, soft drilling demand, offshore delays and mounting margin pressures.