DNOW (DNOW) Expected to Announce Earnings on Wednesday

DNOW (NYSE:DNOW) is expected to be issuing its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $1.2657 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 9:00 AM ET.

DNOW (NYSE:DNOW) last released its earnings results on Thursday, May 7th. The oil and gas company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.08 billion. DNOW had a negative net margin of 4.14% and a positive return on equity of 4.94%. The firm’s revenue was up 97.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.22 EPS. On average, analysts expect DNOW to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DNOW Stock Down 2.4%

Shares of NYSE DNOW opened at $13.84 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 2.42 and a debt-to-equity ratio of 0.27. The firm has a market cap of $2.53 billion, a PE ratio of -18.96 and a beta of 0.83. The company’s fifty day simple moving average is $13.40 and its 200 day simple moving average is $13.30. DNOW has a 12-month low of $10.94 and a 12-month high of $17.26.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. DA Davidson initiated coverage on shares of DNOW in a report on Tuesday, June 16th. They set a “buy” rating and a $17.00 price objective on the stock. Freedom Capital raised DNOW to a “strong-buy” rating in a research report on Monday, June 22nd. Zacks Research raised DNOW from a “strong sell” rating to a “hold” rating in a research note on Friday, May 22nd. Wall Street Zen cut DNOW from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of DNOW in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, DNOW has a consensus rating of “Moderate Buy” and a consensus target price of $17.00.

Institutional Trading of DNOW

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP raised its stake in shares of DNOW by 187.2% in the fourth quarter. Wellington Management Group LLP now owns 10,813,205 shares of the oil and gas company’s stock worth $143,275,000 after purchasing an additional 7,048,382 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of DNOW by 60.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,374,585 shares of the oil and gas company’s stock valued at $137,466,000 after buying an additional 3,920,731 shares during the last quarter. Boston Partners boosted its position in shares of DNOW by 66.0% during the fourth quarter. Boston Partners now owns 7,859,416 shares of the oil and gas company’s stock valued at $104,171,000 after buying an additional 3,124,280 shares during the last quarter. State Street Corp boosted its position in shares of DNOW by 81.8% during the fourth quarter. State Street Corp now owns 7,440,738 shares of the oil and gas company’s stock valued at $98,590,000 after buying an additional 3,347,335 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in DNOW by 42.4% during the fourth quarter. Renaissance Technologies LLC now owns 5,394,325 shares of the oil and gas company’s stock worth $71,475,000 after buying an additional 1,605,411 shares in the last quarter. 97.63% of the stock is owned by institutional investors.

About DNOW

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.