Oct 12 close
Borr Drilling shares gapped up this week after the company secured new multi-month contracts for three jack-up rigs, Norve, Natt and Joro, for work in West Africa along with a UK accommodation contract, extending employment visibility into late 2026 and much of 2027. The company also streamlined its joint ventures by selling stakes in two Mexican JVs while retaining economic exposure, moves tied to optimism around offshore drilling demand. Separately, a director purchased $5.39 million in common stock, and brokerages have set a consensus "Hold" rating following a quarterly loss that missed estimates on both earnings and revenue.
The stock closed at $4.93, up 3.1%, sitting between its 50-day average of $4.31 and 200-day average of $4.88, with a 1-month return of 15.5% and a 6-month return of -17.3%. The GekkoIndex reads 44.5, placing BORR in the Distribution zone, down 17.9 over the last five readings. Price sits 8.4% above Gekko Fair Value of $4.55.
Over the next 20 trading days, the next earnings report is scheduled for 18 November, 37 days away, outside this window. Smart money activity shows 10 insider purchases totaling $32.7 million over the last 90 days. Seasonality from this point has averaged a 10.1% move over the next 20 trading days across 5 years, rising in 3 of them. Analyst consensus target sits at $4.97, with 0 buy, 2 hold and 1 sell ratings among 3 firms.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Borr Drilling scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed2 headwinds
Averages disagree
Close $4.93 sits between the 50-day ($4.31) and 200-day ($4.88) averages, or the averages disagree.
See the chart44.5, Distribution
Reading 44.5 is in the Distribution zone.
See the GekkoIndex8.4% above
Price is 8.4% above Gekko Fair Value (more than 5% above).
See fair valueLeans bullish
Last 90 days: 10 open-market insider purchases.
See smart moneyReports in 37 days
Next report Nov 18, 2026, 37 days away — outside a typical 20-trading-day hold.
See earnings+10.1% on average
From this point in the calendar, the next 20 trading days averaged +10.1% over 5 years, rising in 3 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Borr Drilling closed at $4.93 on Oct 12, 2026, +82.6% over the past year, inside a 52-week range of $2.44 to $6.66.
Use the left and right arrow keys to read daily values.
Put BORR on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Borr Drilling supplies drilling services to energy producers, concentrating on jack-up rigs used in shallow coastal waters. The company works across a wide geographic footprint, with activity spanning the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe, delivering rigs along with crews and equipment needed for drilling and workover tasks tied to oil and gas exploration and output.
Clients range from large integrated oil companies to national oil companies owned by governments, as well as smaller independent producers, each contracting Borr Drilling's rigs and staff to support upstream operations.
Borr Drilling traces its incorporation to 2016, when it took on its current name after previously operating as Magni Drilling Limited. Headquartered in Hamilton, Bermuda, the company trades on the NYSE under the ticker BORR.
Borr Drilling’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 44.5, in the Distribution zone, down 17.9 points over five sessions.
Down 17.9 points over five sessions, from the Accumulation zone.
Reading for Oct 12, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 53 | −1.7% | −9.0% | ||
| Accumulation | 264 | +0.7% | −1.1% | ||
| Neutral | 338 | −0.1% | +2.2% | ||
| Distribution (current zone) | 20 | +1.3% | +2.9% | ||
| Selling | 7 | Too few readings yet | |||
Average BORR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Distribution readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Distribution zone: Institutions potentially offloading. About the five zones →
Borr Drilling trades 8.4% above Gekko Fair Value of $4.55, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Borr Drilling shares are worth, recalculated every trading day.
$4.55
Gekko Fair Value, Oct 9, 2026
8.4% Overvalued
At the end of Aug 2026 the price was 6.7% below the estimate.
Insiders filed 10 open-market purchases in Borr Drilling worth $32.71M, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
$32.71Min 10 open-market purchases
| Filed | Insider | Type | Value |
|---|---|---|---|
| Oct 8 | Troim Tor Olav director | Purchase | $5.39M |
| Oct 7 | Troim Tor Olav director | Purchase | $6.36M |
| Oct 6 | Troim Tor Olav director | Purchase | $6.20M |
| Sep 21 | Morand De Oliveira Bruno officer: Chief Executive Officer | Purchase | $200K |
| Sep 18 | Troim Tor Olav director | Purchase | $657K |
From Form 4 filings, dated to when each was filed.
No trades in BORR were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Borr Drilling has been buying back its own shares.
From company filings.
1of the funds Gekko tracks holds BORR.
Borr Drilling reports on Nov 18, 2026 (37 days away), and beat the EPS estimate in 3 of its last 8 reports.
Nov 18, 2026
37 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 11, 2026 | −$0.22 est −$0.11 | $232.3M est $246.0M | −1.2% |
| May 20, 2026 | −$0.09 est −$0.04 | $247.0M est $253.3M | −8.4% |
| Feb 18, 2026 | $0.00 est −$0.02 | $259.4M est $240.8M | +10.3% |
| Nov 5, 2025 | $0.10 est −$0.03 | $277.1M est $238.6M | +6.6% |
| Aug 13, 2025 | $0.14 est $0.10 | $267.7M est $263.8M | +2.5% |
| May 21, 2025 | −$0.07 est −$0.06 | $216.6M est $263.4M | −4.1% |
| Feb 19, 2025 | $0.09 est $0.09 | $263.1M est $235.6M | −0.3% |
| Nov 6, 2024 | $0.04 est $0.09 | $241.6M est $251.3M | −2.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Borr Drilling is $4.97, +0.8% from the last close, from 3 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 3 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 4 | Citi | $5.50 | +11.6% |
| Aug 18 | BTIG | — | — |
| Aug 17 | BTIG | — | — |
| Aug 17 | SEB Enskilda | $3.55 | −28.0% |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Oct 10, Borr Drilling averaged +10.1% across the last 5 years, rising in 3 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +3.0% | 4 of 5 |
| Next 10 trading days | +3.6% | 2 of 5 |
| Next 15 trading days | +4.3% | 3 of 5 |
| Next 20 trading days | +10.1% | 3 of 5 |
| Next 30 trading days | +3.8% | 3 of 5 |
For scale, BORR’s typical 20-trading-day move in either direction is about 11.5%.
Borr Drilling’s market cap is $1.52B and revenue of $1.02B over the last twelve months.
Coverage of Borr Drilling this week reads positive: 7 positive, 6 neutral and 1 negative headlines.
Borr Drilling’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| SLBSLB | Accumulation | 11.7% below |
| BKRBaker Hughes | Accumulation | 5.4% below |
| NENoble Corporation plc A | Neutral | 39.9% below |
| VALValaris | Neutral | 9.6% above |
| RIGTransocean Ltd (Switzerland) | Neutral | 6.2% below |
| PTENPatterson-UTI Energy | Neutral | 4.8% above |
A peer links to its own page where one exists.
Borr Drilling’s market cap is $1.52B at the Oct 12, 2026 close of $4.93, with 308.5M shares outstanding.
The consensus analyst 12-month price target for Borr Drilling is $4.97, +0.8% from the last close. Of the 3 firms that rated the stock in the last 90 days, 0 rate it a buy, 2 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Borr Drilling is overvalued: the Oct 12, 2026 close of $4.93 is 8.4% above Gekko Fair Value of $4.55. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Borr Drilling is expected to report on Nov 18, 2026 (37 days away). Analysts expect earnings of −$0.10 per share on revenue of $264.3M. Borr Drilling beat the earnings estimate in 3 of its last 8 reports, moving 4.5% on average across the report.
Borr Drilling’s 52-week high is $6.66 and its 52-week low is $2.44; it closed at $4.93 on Oct 12, 2026, +82.6% over the past year. Over the last five years the shares peaked at $9.01 on Aug 4, 2023.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (smart money, earnings risk and seasonality), 1 as mixed (trend) and 2 as headwinds (gekkoindex and fair value). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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