Susquehanna Maintains Neutral on Noble Corp, Raises Price Target to $44

Noble Corporation PLC (NE) Earnings Expected to Grow: Should You Buy?

Noble Corporation PLC is expected to report Q3 2026 earnings on October 26 with consensus EPS of $0.20 (up 5.3% YoY) but revenues declining 11.9% to $703.1 million. The stock shows a positive Earnings ESP of +12.82% combined with a Zacks Rank #3, suggesting a likely earnings beat. However, the company has a poor recent track record, missing estimates significantly in the last quarter (-92.31% surprise) and beating only once in the last four quarters.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

Shares of offshore drilling companies are trading higher as energy prices gain after Saudi Aramco cancelled or delayed some September crude loadings. Also, Transocean's $80 million drillship contract for offshore Equatorial Guinea may help boost confidence in future orders for the sector.