Borr Drilling (BORR) Projected to Post Earnings on Wednesday

Borr Drilling (NYSE:BORR) is projected to release its Q1 2026 results after the market closes on Wednesday, May 20th. Analysts expect Borr Drilling to post earnings of ($0.0159) per share and revenue of $253.2520 million for the quarter. Interested persons can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 21, 2026 at 9:00 AM ET.

Borr Drilling (NYSE:BORR) last issued its earnings results on Saturday, February 14th. The company reported $0.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.03. The firm had revenue of $259.40 million during the quarter, compared to analyst estimates of $238.65 million. Borr Drilling had a net margin of 4.41% and a return on equity of 4.14%.

Borr Drilling Stock Performance

BORR stock opened at $6.15 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 2.19 and a quick ratio of 2.19. The business has a 50-day moving average price of $5.65 and a 200 day moving average price of $4.68. The company has a market capitalization of $1.94 billion, a P/E ratio of 36.20 and a beta of 1.04. Borr Drilling has a 1-year low of $1.55 and a 1-year high of $6.33.

Hedge Funds Weigh In On Borr Drilling

A number of large investors have recently added to or reduced their stakes in BORR. AQR Capital Management LLC bought a new position in Borr Drilling in the first quarter worth about $476,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Borr Drilling by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 140,927 shares of the company’s stock worth $309,000 after purchasing an additional 6,012 shares in the last quarter. Millennium Management LLC raised its holdings in Borr Drilling by 1,025.5% in the first quarter. Millennium Management LLC now owns 3,810,556 shares of the company’s stock worth $8,345,000 after purchasing an additional 3,471,979 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Borr Drilling in the first quarter worth about $186,000. Finally, Creative Planning raised its holdings in Borr Drilling by 13.1% in the second quarter. Creative Planning now owns 229,786 shares of the company’s stock worth $421,000 after purchasing an additional 26,541 shares in the last quarter. 83.12% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BORR. Fearnley Fonds upgraded Borr Drilling from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Wall Street Zen downgraded Borr Drilling from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Citigroup lifted their price objective on Borr Drilling from $6.00 to $6.25 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Finally, Weiss Ratings downgraded Borr Drilling from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $4.33.

About Borr Drilling

Borr Drilling is an international offshore drilling contractor providing premium jack-up drilling services to the oil and gas industry. Established in 2016 and incorporated in Bermuda with headquarters in Hamilton, the company is listed on the New York Stock Exchange under the ticker symbol BORR. Borr Drilling focuses exclusively on the ownership and operation of mobile offshore jack-up rigs, catering to exploration and production drilling projects in both mature and emerging hydrocarbon regions.

The company’s core business activities encompass the long-term contracting of high-specification jack-up rigs suitable for shallow-to-intermediate water depths.