NCS Multistage Holdings, Inc. (NCSM)

NCS Multistage Holdings, Inc. (NCSM) stock has experienced several notable events in the past six months. NCS Multistage reported strong third-quarter 2025 results, exceeding revenue and earnings per share (EPS) forecasts, leading to a 3.69% increase in the stock price. Despite a 101% increase in the stock price over the twelve months leading up to October 31, 2025, NCSM's share price softened by a substantial 27% in the 30 days prior to that date. In the 12 months leading up to October 10, 2025, the stock surged by 140%, outperforming the Energy Select Sector SPDR Fund ETF. Analysts have increased NCSM's price target to $50.49. In the three months prior to October 10, 2025, NCS Multistage insiders sold $165,880.00 in company stock. As of January 7, 2026, the share price was $38.41, representing a 35.34% increase from January 8, 2025.

The demand for NCSM's products and services is closely tied to the broader activity levels in the oil and gas sector. The willingness of customers to drill and complete more wells is primarily driven by commodity pricing. Demand for NCSM's products and services is likely influenced by the cyclical nature of oil and gas prices and overall industry investment rather than distinct seasonal patterns.

NCS Multistage Holdings, Inc. (NCSM) provides engineered products and support services for optimizing oil and natural gas well completions and field development strategies, operating within the Energy sector, specifically in the Oil & Gas Equipment & Services industry. The company's primary offerings include fracturing systems that facilitate efficient pinpoint stimulation, repeat precision products, tracer diagnostics services, well construction products, and enhanced recovery products.

NCS Multistage Holdings, Inc. primarily serves exploration and production companies in North America and selected international markets. The company has a strong presence in the North American onshore market, particularly in major U.S. shale plays and substantial operations in Canada. NCSM's international presence includes the North Sea, the Middle East, Argentina, and China, with active expansion in the North Sea and Middle East.

NCSM's stock experienced a rally of 140% in the 12 months leading up to October 2025, driven by a return to profitability and expansion of its addressable market, indicating positive sentiment among investors. NCSM is also recognized for its strong track record of innovation, including its patented multistage fracturing system, which likely contributes to a favorable reputation within the oil and gas industry.

NCS Multistage Holdings, Inc. (NCSM) has a significant portion of its stock owned by institutional investors, holding between 70.91% and 74.03% of NCS Multistage's stock. Individual insiders hold approximately 9.97% of the shares. NCSM is owned by 3,579.03% NCS Multistage Holdings insiders, with Advent International Corp being the largest individual shareholder, owning 30.94 million shares.