DNOW (NYSE:DNOW) Stock Price Expected to Rise, Susquehanna Analyst Says

DNOW (NYSE:DNOW) had its target price hoisted by Susquehanna from $16.00 to $19.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “positive” rating on the oil and gas company’s stock. Susquehanna’s price target points to a potential upside of 22.23% from the stock’s previous close.

Other analysts have also issued reports about the company. Zacks Research raised DNOW from a “strong sell” rating to a “hold” rating in a report on Friday, May 22nd. DA Davidson began coverage on DNOW in a research report on Tuesday, June 16th. They issued a “buy” rating and a $17.00 target price for the company. Freedom Capital upgraded DNOW to a “strong-buy” rating in a report on Monday, June 22nd. Wall Street Zen lowered DNOW from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of DNOW in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $17.75.

DNOW Trading Up 9.3%

NYSE DNOW opened at $15.54 on Friday. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of -21.29 and a beta of 0.82. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.42 and a quick ratio of 1.14. DNOW has a 12 month low of $10.94 and a 12 month high of $17.26. The company’s fifty day moving average price is $13.55 and its two-hundred day moving average price is $13.32.

DNOW (NYSE:DNOW) last released its earnings results on Thursday, August 6th. The oil and gas company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.27 billion. DNOW had a negative net margin of 4.14% and a positive return on equity of 4.94%. The company’s revenue was up 108.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.27 EPS. As a group, research analysts predict that DNOW will post 0.31 earnings per share for the current fiscal year.

Institutional Trading of DNOW

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. acquired a new position in DNOW during the 4th quarter valued at approximately $25,000. Quarry LP lifted its stake in DNOW by 712.6% in the fourth quarter. Quarry LP now owns 1,942 shares of the oil and gas company’s stock valued at $26,000 after buying an additional 1,703 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in DNOW by 8,060.0% in the first quarter. Sunbelt Securities Inc. now owns 2,448 shares of the oil and gas company’s stock valued at $29,000 after buying an additional 2,418 shares during the last quarter. Clearstead Advisors LLC boosted its holdings in shares of DNOW by 132.5% during the fourth quarter. Clearstead Advisors LLC now owns 2,427 shares of the oil and gas company’s stock valued at $32,000 after acquiring an additional 1,383 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of DNOW by 190.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,423 shares of the oil and gas company’s stock worth $36,000 after acquiring an additional 1,589 shares during the last quarter. 97.63% of the stock is currently owned by institutional investors and hedge funds.

DNOW News Summary

Here are the key news stories impacting DNOW this week:

• Positive Sentiment: Earnings and revenue beat estimates: DNOW reported adjusted EPS of $0.12, ahead of the roughly $0.08–$0.09 consensus, while revenue of $1.307 billion exceeded estimates near $1.27 billion. Revenue rose 10% sequentially and 108.1% year over year, reflecting strong demand and the impact of business integration. DNOW Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Cash flow and operating performance improved: Operating cash flow reached a record $133 million, adjusted EBITDA increased 54% sequentially to $60 million, and net-debt leverage improved to 1.7 times. U.S. revenue grew 13% sequentially, with annualized U.S. midstream revenue surpassing $1 billion for the first time. DNOW Reports Second Quarter 2026 Results
• Positive Sentiment: Share repurchases supported sentiment: DNOW repurchased $25 million of stock during the quarter and $75 million year to date under its $160 million authorization, signaling management confidence and potentially supporting per-share value. DNOW Reports Strong Second Quarter 2026 Results
• Neutral Sentiment: Underlying profitability remains mixed: Despite the adjusted profit, DNOW posted a GAAP net loss of $21 million, or $0.11 per diluted share. Gross margin declined to 18.6% from 20.5% a year earlier, while adjusted EPS fell from $0.27.
• Negative Sentiment: Securities lawsuits add uncertainty: Rosen Law Firm and Bronstein, Gewirtz & Grossman announced class actions alleging violations of federal securities laws related to DNOW’s 2025 special-meeting disclosures. Investors seeking lead-plaintiff status face an October 2, 2026 deadline. The litigation could create legal costs, reputational damage and potential financial liability. Rosen Securities Class Action Announcement

DNOW Company Profile

DistributionNOW (NYSE: DNOW) is a global distributor of energy and industrial products, serving a broad range of end-markets including oil and gas, petrochemical, power generation, and industrial manufacturing. Headquartered in Houston, Texas, the company provides solutions across the life cycle of energy and industrial assets, with an emphasis on safety, reliability and operational efficiency.

The company’s core product portfolio includes piping systems and related components (such as valves, fittings, flanges and gaskets), instrumentation, electrical and automation equipment, fasteners, industrial safety supplies, chemicals and composite products.