Weekly Research Analysts’ Ratings Updates for Noble (NE)
by Amy Steele · The Cerbat GemNoble (NYSE: NE) recently received a number of ratings updates from brokerages and research firms:
- 5/7/2026 – Noble was upgraded by Barclays PLC from “equal weight” to “overweight”. They now have a $56.00 price target on the stock, up from $50.00.
- 5/5/2026 – Noble had its price target raised by Citigroup Inc. from $50.00 to $52.00. They now have a “neutral” rating on the stock.
- 5/2/2026 – Noble was upgraded by Wall Street Zen from “sell” to “hold”.
- 4/29/2026 – Noble was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 4/29/2026 – Noble had its price target raised by Barclays PLC from $41.00 to $50.00. They now have an “equal weight” rating on the stock.
- 4/27/2026 – Noble was given a new $59.00 price target by Evercore Inc.
- 4/20/2026 – Noble was downgraded by Zacks Research from “hold” to “strong sell”.
- 4/15/2026 – Noble had its price target raised by Citigroup Inc. from $42.00 to $50.00. They now have a “neutral” rating on the stock.
- 4/7/2026 – Noble had its price target raised by Susquehanna from $45.00 to $50.00. They now have a “neutral” rating on the stock.
Noble Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.9%. Noble’s payout ratio is presently 139.86%.
Insider Activity at Noble
In other news, SVP Joey M. Kawaja sold 40,000 shares of Noble stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $49.85, for a total value of $1,994,000.00. Following the completion of the transaction, the senior vice president owned 40,071 shares in the company, valued at approximately $1,997,539.35. This trade represents a 49.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Blake Denton sold 30,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $49.31, for a total value of $1,479,300.00. Following the transaction, the senior vice president directly owned 29,927 shares of the company’s stock, valued at approximately $1,475,700.37. This represents a 50.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 417,355 shares of company stock valued at $19,514,590. 1.50% of the stock is owned by company insiders.
Noble (NYSE: NE) is an offshore drilling company that provides drilling services to the global oil and gas industry. The firm operates a fleet of mobile offshore drilling units and delivers contract drilling solutions for exploration and production activities. Its core business centers on executing drilling programs for upstream energy companies across a range of water depths and operating environments.
Products and services include the operation and management of offshore drilling rigs — such as drillships, semisubmersibles and jackups — along with associated technical, engineering and project management services.