DNOW Stock Forecast & Price Target
$3.00B
Market Cap
-15.32
P/E
47.94
Forward P/E
55
Score
DNOW price $16.62 +0.12 +0.73%
Stocklytics score rationale: value 54, quality 30, growth 80.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2107000000 | 2648000000 | 3127000000 | 2951000000 | 1619000000 | 1632000000 | 2136000000 | 2321000000 | 2373000000 | 2820000000 |
Dnow Inc. operates as a key supplier of industrial and downstream energy products for various sectors, including petroleum refining, chemical processing, liquefied natural gas (LNG) terminals, power generation utilities, and diverse industrial manufacturing operations. Its market presence spans the United States, Canada, and international territories. The firm markets its extensive product range under its…
DNOW fair value $16.13. Price $16.62. Price is about fair value.
Above fair value, and more expensive than usual. A larger premium than on more than 99% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 198.00M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.22% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 180.79M. Net debt 421.00M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.15 | — | 1.35B |
| 2026-08-06 | 0.12 | 0.09 | 1.31B | 1.27B |
| 2026-05-07 | 0.01 | 0.05 | 1.18B | 1.08B |
| 2026-02-20 | 0.15 | 0.15 | 959.00M | 969.50M |
| 2025-11-05 | 0.26 | 0.24 | 634.00M | 969.50M |
| 2025-08-06 | 0.27 | 0.22 | 628.00M | 625.50M |
| 2025-05-07 | 0.22 | 0.19 | 599.00M | 608.00M |
| 2025-02-13 | 0.25 | 0.14 | 571.00M | 572.00M |
| 2024-11-07 | 0.21 | 0.19 | 606.00M | 562.82M |
| 2024-08-07 | 0.25 | 0.24 | 633.00M | 632.50M |
| 2024-05-10 | 0.21 | 0.23 | 563.00M | 569.15M |
| 2024-02-15 | 0.22 | 0.15 | 555.00M | 540.82M |
| 2023-11-02 | 0.25 | 0.25 | 588.00M | 604.02M |
| 2023-08-02 | 0.25 | 0.25 | 594.00M | 592.30M |
| 2023-05-04 | 0.25 | 0.23 | 584.00M | 566.80M |
| 2023-02-16 | 0.25 | 0.21 | 547.00M | 531.33M |
| 2022-11-02 | 0.30 | 0.25 | 577.00M | 565.15M |
| 2022-08-03 | 0.26 | 0.17 | 539.00M | 489.08M |
| 2022-05-05 | 0.14 | 0.09 | 473.00M | 456.42M |
| 2022-02-17 | 0.07 | 0.02 | 432.00M | 426.10M |
| 2021-11-03 | 0.05 | 0.02 | 439.00M | 423.52M |
| 2021-08-04 | -0.02 | -0.01 | 400.00M | 400.00M |
| 2021-05-05 | -0.04 | -0.15 | 361.00M | 549.83M |
| 2021-02-17 | -0.25 | -0.18 | 319.00M | 218.26M |
| 2020-11-04 | -0.16 | -0.23 | 326.00M | 489.00M |
| 2020-08-05 | -0.16 | -0.32 | 370.00M | 716.88M |
| 2020-05-06 | -0.07 | -0.06 | 604.00M | 517.71M |
| 2020-02-19 | -0.05 | -0.01 | 639.00M | 127.80M |
| 2019-11-06 | 0.08 | 0.06 | 751.00M | 657.12M |
| 2019-08-02 | 0.09 | 0.09 | 776.00M | 776.00M |
| 2019-05-02 | 0.12 | 0.08 | 785.00M | 523.33M |
| 2019-02-14 | 0.11 | 0.06 | 764.00M | 709.09M |
| 2018-11-01 | 0.15 | 0.11 | 822.00M | 602.80M |
| 2018-08-02 | 0.10 | 0.03 | 777.00M | 233.10M |
| 2018-05-02 | 0.01 | 0.00 | 764.00M | 764.00M |
| 2018-02-14 | 0.01 | -0.06 | 669.00M | 3.35B |
| 2017-11-01 | -0.03 | -0.03 | 697.00M | 697.00M |
| 2017-08-02 | -0.10 | -0.10 | 651.00M | 651.00M |
| 2017-05-03 | -0.15 | -0.23 | 631.00M | 883.40M |
| 2017-02-15 | -0.29 | -0.36 | 538.00M | 612.21M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-10 | Chang Raymond W | Buy | 43.62K | $9.53 | 415.71K |
| 2026-08-10 | Chang Raymond W | Buy | 32.62K | $10.26 | 334.65K |
| 2026-08-10 | Chang Raymond W | Sell | 32.62K | $16.98 | 553.84K |
| 2026-08-10 | Chang Raymond W | Sell | 32.62K | $10.26 | 334.65K |
| 2026-08-10 | Chang Raymond W | Sell | 43.62K | $9.53 | 415.71K |
| 2026-08-10 | Cherechinsky David A | Buy | 198.21K | $10.26 | 2.03M |
| 2026-08-10 | Cherechinsky David A | Buy | 57.93K | $9.53 | 552.06K |
| 2026-08-10 | Cherechinsky David A | Sell | 198.21K | $16.73 | 3.32M |
| 2026-08-10 | Cherechinsky David A | Sell | 57.93K | $9.53 | 552.06K |
| 2026-08-10 | Cherechinsky David A | Sell | 198.21K | $10.26 | 2.03M |
| 2026-08-10 | Johnson Mark B | Buy | 50.18K | $10.26 | 514.86K |
| 2026-08-10 | Johnson Mark B | Buy | 21.98K | $9.53 | 209.52K |
| 2026-08-10 | Johnson Mark B | Sell | 50.18K | $16.79 | 842.54K |
| 2026-08-10 | Johnson Mark B | Sell | 40.67K | $16.79 | 682.93K |
| 2026-08-10 | Johnson Mark B | Sell | 21.98K | $9.53 | 209.52K |
| 2026-08-10 | Johnson Mark B | Sell | 50.18K | $10.26 | 514.86K |
| 2026-05-20 | ALARIO RICHARD J | Buy | 17.12K | — | — |
| 2026-05-20 | JADIN RONALD L | Buy | 12.12K | — | — |
| 2026-05-20 | Bonno Terry | Buy | 12.12K | — | — |
| 2026-05-20 | COPPINGER PAUL M | Buy | 12.12K | — | — |
| 2026-05-20 | David-Green Karen | Buy | 12.12K | — | — |
| 2026-05-20 | Cobb Galen | Buy | 12.12K | — | — |
| 2026-05-20 | Damiris George John | Buy | 12.12K | — | — |
| 2026-05-20 | Reed Sonya | Buy | 12.12K | — | — |
| 2026-03-12 | Anderson Gillian | Sell | 834 | $11.29 | 9.42K |
| 2026-02-23 | Chang Raymond W | Buy | 40.24K | — | — |
| 2026-02-23 | Johnson Mark B | Buy | 61.67K | — | — |
| 2026-02-23 | Munson Kelly T. | Buy | 28.82K | — | — |
| 2026-02-23 | Anderson Gillian | Buy | 18.73K | — | — |
| 2026-02-23 | Cherechinsky David A | Buy | 203.60K | — | — |
| 2026-02-20 | Cherechinsky David A | Buy | 90.00K | — | — |
| 2026-02-20 | Cherechinsky David A | Sell | 35.41K | $13.23 | 468.53K |
| 2026-02-20 | Cherechinsky David A | Sell | 52.56K | $13.23 | 695.34K |
| 2026-02-20 | Johnson Mark B | Buy | 21.00K | — | — |
| 2026-02-20 | Johnson Mark B | Sell | 8.26K | $13.23 | 109.33K |
| 2026-02-20 | Johnson Mark B | Sell | 12.26K | $13.23 | 162.25K |
| 2026-02-20 | Chang Raymond W | Buy | 21.00K | — | — |
| 2026-02-20 | Chang Raymond W | Sell | 8.26K | $13.23 | 109.33K |
| 2026-02-20 | Chang Raymond W | Sell | 12.53K | $13.23 | 165.81K |
| 2026-02-20 | Munson Kelly T. | Buy | 15.00K | — | — |
| 2026-02-20 | Munson Kelly T. | Sell | 5.90K | $13.23 | 78.10K |
| 2026-02-20 | Munson Kelly T. | Sell | 8.76K | $13.23 | 115.89K |
| 2026-02-07 | Anderson Gillian | Sell | 1.25K | $16.76 | 20.90K |
| 2025-11-06 | JADIN RONALD L | Other | 0 | — | — |
| 2025-11-06 | Damiris George John | Other | 0 | — | — |
| 2025-11-06 | Anderson Gillian | Other | 0 | — | — |
| 2025-05-21 | Reed Sonya | Buy | 10.16K | — | — |
| 2025-05-21 | ALARIO RICHARD J | Buy | 14.62K | — | — |
| 2025-05-21 | Bonno Terry | Buy | 10.16K | — | — |
| 2025-05-21 | COPPINGER PAUL M | Buy | 10.16K | — | — |
| 2025-05-21 | EADS RODNEY W | Buy | 10.16K | — | — |
| 2025-05-21 | Cobb Galen | Buy | 10.16K | — | — |
| 2025-05-21 | David-Green Karen | Buy | 10.16K | — | — |
| 2025-02-25 | Chang Raymond W | Buy | 24.42K | — | — |
| 2025-02-25 | Cherechinsky David A | Buy | 121.42K | — | — |
| 2025-02-25 | Johnson Mark B | Buy | 33.39K | — | — |
| 2025-02-25 | Munson Kelly T. | Buy | 17.74K | — | — |
| 2025-02-25 | Surratt Fanny R. | Buy | 8.87K | — | — |
| 2025-02-22 | Surratt Fanny R. | Buy | 17.98K | — | — |
| 2025-02-22 | Surratt Fanny R. | Sell | 7.08K | $17.43 | 123.37K |
| 2025-02-22 | Surratt Fanny R. | Sell | 3.85K | $17.43 | 67.16K |
| 2025-02-22 | Chang Raymond W | Buy | 50.35K | — | — |
| 2025-02-22 | Chang Raymond W | Sell | 21.33K | $17.43 | 371.73K |
| 2025-02-22 | Chang Raymond W | Sell | 17.34K | $17.43 | 302.18K |
| 2025-02-22 | Johnson Mark B | Buy | 50.35K | — | — |
| 2025-02-22 | Johnson Mark B | Sell | 19.82K | $17.43 | 345.39K |
| 2025-02-22 | Johnson Mark B | Sell | 16.25K | $17.43 | 283.17K |
| 2025-02-22 | Cherechinsky David A | Buy | 215.80K | — | — |
| 2025-02-22 | Cherechinsky David A | Sell | 84.92K | $17.43 | 1.48M |
| 2025-02-22 | Cherechinsky David A | Sell | 69.62K | $17.43 | 1.21M |
| 2025-02-22 | Munson Kelly T. | Buy | 35.97K | — | — |
| 2025-02-22 | Munson Kelly T. | Sell | 14.15K | $17.43 | 246.72K |
| 2025-02-22 | Munson Kelly T. | Sell | 11.60K | $17.43 | 202.26K |
| 2025-02-19 | Munson Kelly T. | Buy | 10.00K | $9.90 | 99.00K |
| 2025-02-19 | Munson Kelly T. | Sell | 10.00K | $17.47 | 174.70K |
| 2025-02-19 | Munson Kelly T. | Sell | 10.00K | $9.90 | 99.00K |
| 2024-12-02 | COPPINGER PAUL M | Sell | 26.19K | $15.08 | 394.88K |
| 2024-11-27 | COPPINGER PAUL M | Sell | 26.19K | $15.35 | 401.96K |
| 2024-08-12 | Surratt Fanny R. | Sell | 3.50K | $12.66 | 44.31K |
| 2024-05-22 | COPPINGER PAUL M | Buy | 8.71K | — | — |
| 2024-05-22 | EADS RODNEY W | Buy | 8.71K | — | — |
| 2024-05-22 | Reed Sonya | Buy | 8.71K | — | — |
| 2024-05-22 | David-Green Karen | Buy | 8.71K | — | — |
| 2024-05-22 | ALARIO RICHARD J | Buy | 13.31K | — | — |
| 2024-05-22 | Bonno Terry | Buy | 8.71K | — | — |
| 2024-05-22 | Cobb Galen | Buy | 8.71K | — | — |
| 2024-05-14 | Chang Raymond W | Buy | 93.28K | $9.90 | 923.51K |
| 2024-05-14 | Chang Raymond W | Sell | 93.28K | $13.51 | 1.26M |
| 2024-05-14 | Chang Raymond W | Sell | 93.28K | $9.90 | 923.51K |
| 2024-05-14 | Cherechinsky David A | Buy | 123.88K | $9.90 | 1.23M |
| 2024-05-14 | Cherechinsky David A | Sell | 123.88K | $13.57 | 1.68M |
| 2024-05-14 | Cherechinsky David A | Sell | 123.88K | $9.90 | 1.23M |
| 2024-05-14 | Johnson Mark B | Buy | 47.02K | $9.90 | 465.45K |
| 2024-05-14 | Johnson Mark B | Sell | 47.02K | $13.50 | 634.70K |
| 2024-05-14 | Johnson Mark B | Sell | 47.02K | $9.90 | 465.45K |
| 2024-02-23 | Surratt Fanny R. | Buy | 16.24K | $13.29 | 215.83K |
| 2024-02-23 | Surratt Fanny R. | Sell | 6.55K | $13.29 | 87.12K |
| 2024-02-23 | Surratt Fanny R. | Sell | 1.81K | $13.29 | 24.02K |
| 2024-02-23 | Munson Kelly T. | Buy | 35.73K | $13.29 | 474.84K |
| 2024-02-23 | Munson Kelly T. | Sell | 14.42K | $13.29 | 191.62K |
Latest filed quarter: Q2 2026.
Institutions holding: 318, holders -8 vs prior quarter. Ownership 105.02%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 28.91M | -783.09K | -2.64% | 374.94M |
| WELLINGTON MANAGEMENT GROUP LLP | 19.51M | 2.63M | +15.60% | 253.08M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 10.40M | -26.39K | -0.25% | 134.85M |
| VANGUARD CAPITAL MANAGEMENT LLC | 8.20M | -129.10K | -1.55% | 106.39M |
| DIMENSIONAL FUND ADVISORS LP | 7.96M | -2.43M | -23.36% | 103.20M |
| STATE STREET CORP | 7.28M | 175.51K | +2.47% | 94.42M |
| FIRST TRUST ADVISORS LP | 6.61M | 2.54M | +62.51% | 85.69M |
| ENGINE CAPITAL MANAGEMENT, LP | 5.17M | 3.60K | +0.07% | 67.05M |
| GEODE CAPITAL MANAGEMENT, LLC | 4.77M | 216.02K | +4.74% | 61.88M |
| RENAISSANCE TECHNOLOGIES LLC | 4.70M | 239.80K | +5.38% | 60.93M |
| GREENHAVEN ASSOCIATES INC | 4.34M | 3.52M | +426.83% | 56.34M |
| RIVER ROAD ASSET MANAGEMENT, LLC | 3.94M | -73.12K | -1.82% | 51.05M |
| RUBRIC CAPITAL MANAGEMENT LP | 3.90M | 2.63M | +207.58% | 50.57M |
| VERBENA VALUE LP | 3.61M | 309.15K | +9.37% | 46.78M |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | 3.28M | -614.88K | -15.79% | 42.54M |
| ACK ASSET MANAGEMENT LLC | 3.00M | 3.00M | New | 38.91M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.99M | 19.09K | +0.64% | 38.77M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 2.99M | 2.99M | New | 38.77M |
| PZENA INVESTMENT MANAGEMENT LLC | 2.89M | -201.83K | -6.52% | 37.53M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 2.85M | 215.44K | +8.19% | 36.91M |
| FULLER & THALER ASSET MANAGEMENT, INC. | 2.82M | -99.88K | -3.42% | 36.56M |
| BAUPOST GROUP LLC/MA | 2.79M | -837.00K | -23.09% | 36.16M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 2.63M | 2.63M | New | 34.18M |
| BANK OF AMERICA CORP /DE/ | 1.96M | 539.42K | +38.10% | 25.36M |
| NORTHERN TRUST CORP | 1.95M | 84.25K | +4.50% | 25.35M |
Consensus Buy from 4 analysts. Average price target $19.00, +14.3% versus the current price. Low $19.00. High $19.00.
Insights · Dividends · Forecast · Financials · Learn
Analysts have an average 12-month price target of $19.00 for DNOW (DNOW), 13.6% above the current price of $16.73. Of 4 analysts covering the stock, 3 rate it Buy or Strong Buy, 1 Hold, and 0 Sell or Strong Sell, giving a consensus of Buy.
Forecasts are third-party estimates and often wrong. They are not investment advice.
| Low | $19.00 |
|---|---|
| Average | $19.00 |
| High | $19.00 |
The average is 13.6% above the current price of $16.73.
Of 4 analysts, 3 rate DNOW Buy or Strong Buy, 1 Hold, and 0 Sell or Strong Sell. The consensus label is Buy. That split is not a recommendation.
Analyst averages on file: 2026, EPS $0.35, revenue $5.06 billion. 2027, EPS $0.83, revenue $5.42 billion.
The Stocklytics Score for DNOW is 55 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.
$19.00 average, with a published range of $19.00 to $19.00.
The consensus is Buy from 4 analysts. This is not a recommendation.
Analysts' average EPS estimate for 2026 on file is $0.35. The average revenue estimate is $5.06 billion.
No reliable forecast exists that far out.
The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.
Related: DNOW · Financials · Dividends · Compare · AI stocks
Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.
$3.00B
Market Cap
-15.32
P/E
47.94
Forward P/E
55
Score