Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
NOW Inc (DNOW)
NYSEIndustrialsIndustrial - DistributionSnapshot 2026-11-04
$15.37-4.53%
Close 2026-11-04 · 1-day change
NYSEIndustrialsIndustrial - DistributionSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.83 → 0.83 EPS · FY ending Dec 31, 2027 · 4 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 4 to 4; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for DNOW yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
EPS growth to at least $0.85 in FY27 | A primary condition in NOW Inc's published investment case. The stated target is >= $0.85 EPS. | Improving | EPS falls below $0.50 in FY27 | Diluted EPS: $-0.11 per share FY2026-Q2; GAAP. Published target: >= $0.85 EPS. Annual target cannot be compared with a quarterly or TTM observation. Aug 6, 2026-0.11 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This investment represents a turnaround story with a focus on cost synergies and revenue growth. The current thesis state indicates a watchful approach due to mixed recent performance and elevated risks.
The market currently prices DNOW at a premium compared to its peers, reflecting justified expectations. However, there is a notable expectations gap, suggesting that the market anticipates some improvement in performance.
Fundamentals may show gradual improvement as management focuses on achieving cost synergies and addressing operational challenges. However, recent financial performance has been weak, indicating potential headwinds in the near term.
The thesis hinges on management's ability to deliver on their priorities, particularly regarding cost synergies and revenue growth. Additionally, the performance of sector bellwethers will be critical in shaping market sentiment and expectations.
Overall, DNOW presents a complex picture with both risks and opportunities over the next few years. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| The company aims for free cash flow of $150 million in 2025. |
| Improving |
| FCF falls below $100 million in FY25 |
Free cash flow: $124M FY2026-Q2; GAAP. Published target: >= $150 million FCF. Annual target cannot be compared with a quarterly or TTM observation. Aug 6, 2026124,000,000 USD · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth of about 35% in FY27 | A primary condition in NOW Inc's published investment case. The stated target is >=35% YoY revenue growth. | Under Pressure | YoY revenue growth falls below ~20% in FY27 | Revenue growth: 108.12% FY2026-Q2; GAAP. Published target: >=35% YoY revenue growth. Annual target cannot be compared with a quarterly or TTM observation. Aug 6, 2026108.121019 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Maintain valuation discount to peers (P/E ~18 vs 27) | A supporting condition in NOW Inc's published investment case. The stated target is P/E <= 20. | Broken | P/E rises above 25 without earnings improvement | P/E (TTM): 28.46x As of 2026-11-04; trailing twelve months. The target timing and basis require a separate assessment. Nov 4, 202628.463 ratio · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.86 → $0.83 · observed estimates
$5.31B → $5.42B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-07-25 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-07-26 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-07-27 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-07-28 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-07-29 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-07-30 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-07-31 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-01 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-02 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-08-03 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-08-04 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-08-05 | $0.85 | $5,312,800,000 | 5 / 5 |
| 2026-08-06 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-07 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-08 | $0.88 | $5,349,160,000 | 5 / 5 |
| 2026-08-09 | $0.88 | $5,349,160,000 | 5 / 5 |
| 2026-08-10 | $0.88 | $5,349,160,000 | 5 / 5 |
| 2026-08-11 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-12 | $0.90 | $5,411,940,000 | 5 / 5 |
| 2026-08-13 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-14 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-15 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-16 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-17 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-18 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-19 | $0.86 | $5,308,833,333 | 4 / 4 |
| 2026-08-20 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-21 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-22 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-23 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-24 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-25 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-26 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-27 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-28 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-29 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-30 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-08-31 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-01 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-02 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-03 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-04 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-05 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-06 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-07 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-08 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-09 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-10 | $0.83 | $5,421,450,000 | 4 / 4 |
| 2026-09-11 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-12 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-13 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-14 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-15 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-16 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-17 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-18 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-19 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-20 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-21 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-22 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-23 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-24 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-25 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-26 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-27 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-28 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-29 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-09-30 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-10-01 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-10-02 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-10-03 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-10-04 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-10-05 | $0.83 | $5,421,816,667 | 4 / 4 |
| 2026-10-06 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-07 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-08 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-09 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-10 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-11 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-12 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-13 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-14 | $0.83 | $5,421,983,333 | 4 / 4 |
| 2026-10-15 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-16 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-17 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-18 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-19 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-20 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-21 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-22 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-23 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-24 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-25 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-26 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-27 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-28 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-29 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-30 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-10-31 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-11-01 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-11-02 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-11-03 | $0.83 | $5,420,833,333 | 4 / 4 |
| 2026-11-04 | $0.83 | $5,420,833,333 | 4 / 4 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 3 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Nov 5, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.