NOW Inc (DNOW)
NYSEIndustrialsIndustrial - DistributionSnapshot 2026-11-04
$15.37-4.53%
Close 2026-11-04 · 1-day change
NYSEIndustrialsIndustrial - DistributionSnapshot 2026-11-04
QuarterlyIQ Insights · DNOW
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 9.5% |
| Our one-year growth estimate | diamond | 27.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 18.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 10 industry peers
DNOW — earnings miss
Dated 2026-05-07
Results of Operations and Financial Condition. On May 7, 2026, DNOW Inc. issued a press release announcing earnings for the quarter ended March 31, 2026 and conference call in connection therewith. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. The information contained in this Current Report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the lia…
Why it matters: Cash from operations swung from a $95 million use in Q1 to a $133 million source in Q2. A positive Q3 result would show that cash gains continued.
Supportive ifQ3 cash from operating activities is above zero. Net debt leverage stays at or below 1.7x.
Worry ifQ3 cash from operations is below zero, or net debt leverage rises above 1.7x.
Why it matters: Q2 adjusted EBITDA rose to $60 million from $39 million in Q1. Another rise would show that stronger volumes and cost work are carrying forward.
Supportive ifQ3 adjusted EBITDA is above $60 million, with revenue at or above Q2's $1.307 billion.
Worry ifQ3 adjusted EBITDA falls below $39 million or revenue falls below Q2's $1.307 billion.
Why it matters: DNOW has a $70 million three-year synergy goal. More savings can lower costs, while a missed goal would weaken the merger case.
Watch forManagement reports annual savings above $23 million. It keeps its $70 million goal for three years.
Also watch forManagement cuts the $70 million goal or reports savings below the $23 million first-year plan.
Why it matters: DNOW bought $75 million of shares in the first half of 2026. The next report can show whether it keeps returning cash while managing debt.
Supportive ifDNOW reports Q3 repurchases and keeps net debt leverage at or below Q2's 1.7x.
Worry ifDNOW reports no Q3 repurchases, or net debt leverage rises above 1.7x.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$137 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $342 loss on $10,000 · 3.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,408 loss on $10,000 · 34.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.