DNOW Inc. (NYSE:DNOW) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of DNOW Inc. (NYSE:DNOW) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $18.20.

DNOW has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of DNOW in a research report on Monday, August 24th. Wall Street Zen upgraded DNOW from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Freedom Broker lowered shares of DNOW from a “buy” rating to a “hold” rating and set a $18.00 target price for the company. in a report on Thursday, September 10th. Susquehanna boosted their target price on DNOW from $16.00 to $19.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Finally, Freedom Capital raised shares of DNOW to a “strong-buy” rating in a report on Monday, June 22nd.

Trending Headlines about DNOW

Here are the key news stories impacting DNOW this week:

• Positive Sentiment: DNOW’s previously reported second-quarter results provide a favorable operating backdrop: revenue increased 108.1% year over year to $1.31 billion and exceeded analyst expectations, while earnings per share also topped estimates. DNOW stock reports 108.10 percent revenue growth in Q2
• Neutral Sentiment: Several firms are seeking investors who held DNOW shares as of August 5, 2025, the record date for a September 9, 2025 special meeting. The notices primarily repeat information about investor eligibility and the October 2, 2026 deadline to seek lead-plaintiff status, rather than announcing a new operating development. Rosen DNOW deadline notice
• Negative Sentiment: Pomerantz, Bronstein Gewirtz & Grossman, Portnoy, Rosen and other firms announced or promoted securities litigation against DNOW and certain officers. The allegations include violations of federal securities laws and claims that merger proxy materials omitted information about MRC Global’s ERP integration failures. Although the allegations have not been proven, the litigation creates legal, financial and reputational uncertainty and is the most likely near-term source of selling pressure. Hagens Berman DNOW investor alert

DNOW Trading Down 2.7%

Shares of DNOW opened at $15.71 on Friday. The stock has a market cap of $2.84 billion, a PE ratio of -14.68 and a beta of 0.87. The stock has a 50 day simple moving average of $15.55 and a 200-day simple moving average of $13.77. DNOW has a 1 year low of $10.94 and a 1 year high of $17.26. The company has a current ratio of 2.14, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23.

DNOW (NYSE:DNOW) last posted 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 business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. DNOW had a negative net margin of 4.58% and a positive return on equity of 3.91%. The firm’s quarterly revenue was up 108.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS. On average, sell-side analysts predict that DNOW will post 0.34 EPS for the current fiscal year.

Hedge Funds Weigh In On DNOW

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of DNOW during the second quarter worth about $374,942,000. Wellington Management Group LLP grew its stake in shares of DNOW by 15.6% in the second quarter. Wellington Management Group LLP now owns 19,513,068 shares of the oil and gas company’s stock valued at $253,084,000 after buying an additional 2,633,894 shares in the last quarter. Engine Capital Management LP bought a new stake in DNOW during the first quarter worth $61,525,000. First Trust Advisors LP raised its position in DNOW by 2,335.0% during the first quarter. First Trust Advisors LP now owns 4,065,728 shares of the oil and gas company’s stock worth $48,423,000 after acquiring an additional 3,898,758 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in DNOW in the second quarter valued at $42,540,000. Institutional investors own 97.63% of the company’s stock.

DNOW Company Profile

DNOW Inc (NYSE: DNOW) is a global distributor of products and services used in the energy and industrial sectors. The company supplies equipment and materials for upstream, midstream and downstream oil and gas operations, as well as for industrial and utility applications.

Its offerings include pipes, valves, fittings, flanges, gaskets, tools, production equipment, artificial-lift products, safety supplies and other maintenance, repair and operating materials. DNOW also provides supply-chain management, inventory management, logistics, procurement and other technical and field-support services designed to help customers manage equipment sourcing and distribution.

Headquartered in Houston, Texas, DNOW serves customers through a network of distribution and service locations across North America and international markets.