NOW Inc (DNOW)
NYSEIndustrialsIndustrial - DistributionSnapshot 2026-09-04
$16.12+2.03%
Close 2026-09-04 · 1-day change
NYSEIndustrialsIndustrial - DistributionSnapshot 2026-09-04
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 | 14.1% |
| Our one-year growth estimate | diamond | 23.9% |
Growth built into the price is above our model estimate.
The price assumes 9.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
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.
Model as of 2026-09-04 · Compared with 18 industry peers · Company calendar date is not available
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: A positive net income would show progress in keeping earnings up after a loss.
Supportive ifQ2 net income turns positive, showing a recovery from the $44 million loss in Q1.
Worry ifQ2 net income remains negative or worsens from the $44 million loss in Q1.
Why it matters: Growth in these sectors is key. It helps DNOW diversify and stay stable.
Supportive ifMidstream and gas utility revenue grows by at least 10% year over year in Q2 2026.
Worry ifRevenue in these sectors declines or remains flat year over year in Q2 2026.
Why it matters: Management has highlighted ERP challenges as a key focus. Progress here could improve operations.
Watch forManagement shares that they have fixed some ERP transition problems.
Also watch forContinued lack of progress or further delays in ERP transition are reported.
Why it matters: This earnings report will show how DNOW is performing. It will cover their finances and operations.
Watch forEarnings report shows revenue growth exceeding 10% year over year.
Also watch forEarnings report shows revenue decline year over year.
Why it matters: Fixing these problems is key for better operations. It also helps improve financial results.
Watch forManagement will announce fixing major ERP issues by the next earnings call.
Also watch forThere are reports of more delays or problems with the ERP system transition.
Why it matters: If the industrial sector's revenue growth speeds up, it may help DNOW's performance. This could signal a better environment for sales.
Supportive ifSector revenue growth rises above 10% year over year.
Worry ifSector revenue growth stays below 5% year over year.
Why it matters: Improved cash flow is crucial for financial health. Declining cash flow could raise red flags.
Supportive ifCash flow from operations exceeds $133 million in Q3 2026.
Worry ifCash flow from operations drops below $100 million in Q3 2026.
Why it matters: News about share buybacks shows that management trusts the company's finances and plans.
Supportive ifManagement announces more share buybacks over $75 million in the second half of 2026.
Worry ifNo new share buybacks are announced, or the program is cut back a lot.
Why it matters: Resolving ERP issues is key for operational efficiency and growth. Delays could hurt performance.
Worry ifManagement says the ERP system will work better by Q4 2026.
Less concerning ifThere may be delays or no updates on ERP system improvements in the next quarters.
Why it matters: Better earnings would mean DNOW is fixing recent problems. It shows their finances are getting stable.
Supportive ifQ2 2026 earnings show adjusted net income above $5 million.
Worry ifQ2 2026 earnings report shows a net loss greater than $10 million.
Why it matters: A strong forecast can show growth potential and boost investor trust.
Supportive ifManagement increases the earnings forecast for 2025. This shows strong growth.
Worry ifManagement lowers or keeps the earnings forecast for 2025 without change.
Why it matters: Steady revenue growth is key for long-term success and shows good integration.
Supportive ifQuarterly revenue is over $1.3 billion for two straight quarters.
Worry ifRevenue drops below $1.3 billion in the next quarter.
Why it matters: Getting these synergies is important for making more money after the merger.
Supportive ifManagement says merger cost savings are at least $70 million. These savings came early.
Worry ifCost synergies fall short of the $70 million target or delays are announced.
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.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
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 | ±$139 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.
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.