Dnow Inc. (DNOW) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$13.50
Price Target
$17.00
Target Range
$16.00 — $19.00
Analyst Rating
Buy
Forward P/E21.3x
Trailing P/E-18.0x
Forward PEG—
Implied Growth+230.7%
Median Target$16.00
Analyst Spread17.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$16
+18.5%
Consensus
$17
+25.9%
Bull Case
$19
+40.7%
DNOW Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Dnow Inc. (DNOW) has a Wall Street consensus price target of $17.00, based on estimates from 16 covering analysts. With the stock currently trading at $13.50, this represents a potential upside of +25.9%. The company has a market capitalization of $1.42B.
Analyst price targets range from a low of $16.00 to a high of $19.00, representing a 18% spread in expectations. The median target of $16.00 differs from the mean, suggesting potential outlier estimates. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, DNOW trades at a trailing P/E of -18.0x and forward P/E of 21.3x. Analysts expect EPS to grow +230.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-4.0%
Avg Forward P/E27.0x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DXPEDXP Enterprises, Inc. | $2.8B | $181.51 | $154.00 | -15.2% | Hold | 29.7x | 7 |
 GWWW.W. Grainger, Inc. | $55.6B | $1169.86 | $1157.43 | -1.1% | Hold | 26.8x | 38 |
 MSMMSC Industrial Direct Co., Inc. | $5.9B | $105.01 | $97.75 | -6.9% | Hold | 24.1x | 28 |
 FASTFastenal Company | $51.3B | $44.71 | $46.57 | +4.2% | Hold | 36.1x | 31 |
 AITApplied Industrial Technologies, Inc. | $11.7B | $315.39 | $322.33 | +2.2% | Buy | 29.5x | 15 |
 MLIMueller Industries, Inc. | $15.4B | $139.13 | — | — | Hold | 17.2x | 6 |
 NVTnVent Electric plc | $27.9B | $172.49 | $134.00 | -22.3% | Buy | 41.1x | 17 |
 HALHalliburton Company | $33.7B | $40.40 | $37.08 | -8.2% | Buy | 17.4x | 64 |
 SLBSLB N.V. | $82.8B | $55.16 | $56.95 | +3.2% | Buy | 20.6x | 66 |
 BKRBaker Hughes Company | $66.1B | $66.65 | $72.00 | +8.0% | Buy | 27.8x | 45 |
Upside Potential Comparison
BKRFASTSLBAITGWWMSMHALDXPESee DNOW's True Return
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Start ComparisonDNOW — Frequently Asked Questions
Quick answers to the most common questions about buying DNOW stock.
What is the DNOW stock price target for 2026?
The consensus Wall Street price target for DNOW is $17, representing 25.9% upside from the current price of $13.5. With 16 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is DNOW a buy, sell, or hold?
DNOW has a consensus rating of "Buy" based on 16 Wall Street analysts. The rating breakdown is mixed, with 7 Hold ratings making up the largest segment. The consensus 12-month price target of $17 implies 25.9% upside from current levels.
Is DNOW stock overvalued or undervalued?
DNOW trades at a forward P/E of 21.3439x, representing a moderate valuation. With analysts targeting $17 (25.9% implied move), the stock appears reasonably valued with upside.
How high can DNOW stock go?
The most bullish Wall Street analyst has a price target of $19 for DNOW, while the most conservative target is $16. The consensus of $17 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover DNOW stock?
DNOW is well covered by analysts, with 16 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 7 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the DNOW stock forecast?
The 12-month DNOW stock forecast based on 16 Wall Street analysts shows a consensus price target of $17, with estimates ranging from $16 (bear case) to $19 (bull case). The median consensus rating is "Buy".
What is DNOW's forward P/E ratio?
DNOW trades at a forward P/E ratio of 21.3x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy DNOW stock?
Wall Street analysts are very optimistic on DNOW, with a "Buy" consensus rating and $17 price target (25.9% upside). 8 of 16 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do DNOW price targets vary so much?
DNOW analyst price targets range from $16 to $19, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $17 consensus represents the middle ground.