
NOW (DNOW) Stock Forecast & Price Target
NOW (DNOW) Analyst Ratings
Bulls say
DNOW Inc. is poised for a positive outlook due to its anticipated acquisition, which is expected to enhance its global presence in high-growth markets while offering a comprehensive range of energy and industrial products. The company's business model transformation has effectively lowered operational costs, improved cash flow profiles, and bolstered its strong balance sheet, allowing for potential inorganic growth. Furthermore, increased buying power with suppliers is likely to facilitate cost reductions in the supply chain, complementing the diversification of revenue streams across various non-overlapping markets.
Bears say
Dnow Inc faces significant risks that could adversely impact its stock performance, particularly due to an extended period of low oil prices, which could diminish demand for its products and services. Additionally, ongoing supply chain constraints and heightened competition may further erode margins and market share, posing a challenge to its financial stability. Furthermore, the risks associated with potential dis-synergies resulting from the loss of key employees to competitors, alongside inefficient integration of acquisitions, could hinder the company's ability to optimize its operations and balance sheet.
This aggregate rating is based on analysts' research of NOW and is not a guaranteed prediction by Public.com or investment advice.
NOW (DNOW) Analyst Forecast & Price Prediction
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