Valaris Limited (VAL) Stock Falls on Q1 2026 Earnings

Valaris Limited (VAL) reported first-quarter 2026 results with revenue of $465.4 million, down 25.0% year‑over‑year.

Gross profit: $92.0 million (down 55.3% YoY).

Operating profit: $20.0 million (down 86.0% YoY).

Net loss attributable to common shareholders: $16.4 million (down 56.7% YoY).

Diluted earnings per share: -$0.24 (down 54.7% YoY).

Cash flow and investing activity showed reduced operating cash generation but a solid liquidity position.

Cash from operating activities: $75.0 million (down 51.9% YoY).

Capital expenditures (purchases of property, plant and equipment): $100.9 million (roughly flat YoY).

Cash and cash equivalents: $578.3 million (up 31.0% YoY).

Balance sheet and market context:

Total liabilities: $2.2 billion (up 1.2% YoY).

Revenue came in above consensus at $465.4 million versus the estimate of $446.1 million, while diluted EPS missed the estimate of -$0.12.

Shares moved modestly after the release, down 1.59% since market close.

Overall, Valaris (VAL) delivered a quarter with a revenue beat but notable declines in profitability and operating cash flow, offset in part by a stronger cash balance heading into the remainder of 2026.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

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Valaris Limited Hedge Fund Activity

We have seen 170 institutional investors add shares of Valaris Limited stock to their portfolio, and 181 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PACKER & CO LTD removed 1,346,263 shares (-86.9%) from their portfolio in Q4 2025, for an estimated $67,851,655
PLATINUM INVESTMENT MANAGEMENT LTD removed 918,767 shares (-95.2%) from their portfolio in Q4 2025, for an estimated $46,305,856
SOURCEROCK GROUP LLC removed 880,215 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $44,362,836
DALAL STREET, LLC removed 607,157 shares (-56.9%) from their portfolio in Q4 2025, for an estimated $30,600,712
ALPINE ASSOCIATES MANAGEMENT INC. added 472,500 shares (+inf%) to their portfolio in Q1 2026, for an estimated $46,323,900
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 410,259 shares (-77.0%) from their portfolio in Q4 2025, for an estimated $20,677,053
JPMORGAN CHASE & CO removed 364,667 shares (-59.9%) from their portfolio in Q4 2025, for an estimated $18,379,216

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Valaris Limited Price Targets

Multiple analysts have issued price targets for $VAL recently. We have seen 2 analysts offer price targets for $VAL in the last 6 months, with a median target of $78.0.

Here are some recent targets:

Charles Minervino from Susquehanna set a target price of $98.0 on 04/07/2026
Scott Gruber from Citigroup set a target price of $58.0 on 12/22/2025