NOW Inc. (DNOW) - Stock Analysis

Last updated: Sep 19, 2026

EnergyClosed

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Clear earnings-driven momentum: Q2 2026 beat revenue and EPS, operating cash flow of $133M was described as a record second quarter, and management raised 2026 revenue and cash flow outlook. Stock rose 8.2% on the release and is up about 22% over 21 trading days.

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Idea window: 8/12/2026 – 8/19/2026Sector: Energy

AI Analyst Overview

Last Price
$15.93
Market Cap
$2.91B
1D Return
+0.13%
YTD Return
+20.23%

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Valuation Metrics

P/E
-14.9
P/B
1.4
P/S
0.7
EV/EBITDA
-21.3
Div Yield
—

Fundamental Analysis

5.0

Key Financial Insights: • Strong Cash Flow • Improving Margins • Rising Leverage DNOW's improving margins, positive EBITDA, and strong free cash flow signal operational progress, but persistent net losses, rising debt, and heavy working-capital needs warrant caution.

CashFlow
Profitability

Price Behavior

5.0

Key Price Behavior Insights: • Range-bound trading • Neutral momentum • Key breakout levels Support Level: $15.47–$15.54 Resistance Level: $16.10–$16.28 DNOW has consolidated over the last month with neutral momentum; a break above $16.28 would turn bullish, while a sustained drop below $15.47 would signal downside risk.

Consolidation
WatchLevels

Sentiment & News

5.0

Key News Insights: • MRC synergies • Data-center growth • Investor lawsuits DNOW targets growth and $70M synergies from MRC integration and data-center demand, but investor litigation over alleged disclosure failures remains a material risk.

Integration
Litigation
AI

AI Summary

5.0
Neutral

DNOW is now an MRC-integration execution story: the $70M synergy target and strong cash generation could transform its low-margin distributor model, but investors should wait for sustained GAAP operating profitability, debt reduction, and stable working capital before underwriting upside.

Synergies
IntegrationRisk
CashFlow
AI summary updated 7 days ago

Description

NOW Inc. is a distributor of energy and industrial products and services serving petroleum refining, chemical processing, LNG, power generation and broader manufacturing customers in North America and abroad. The company supplies consumables, pipe and valve products, rotating and electrical equipment, modular and OEM systems, and aftermarket support, alongside supply-chain, inventory and project management services. Headquartered in Houston and founded in 1862, it operates roughly 180 locations across upstream, midstream and downstream segments.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Aug 12Aug 19DNOWNOW Inc.
Clear earnings-driven momentum: Q2 2026 beat revenue and EPS, operating cash flow of $133M was described as a record second quarter, and management raised 2026 revenue and cash flow outlook. Stock rose 8.2% on the release and is up about 22% over 21 trading days.
Closed-7.3%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.