Borr Drilling's Stock Under Scrutiny: Analysts Weigh in on Fair Value Estimate and Revenue Growth Concerns

Borr Drilling's stock has seen a revision in fair value estimate from $3.10 to $3.37 despite concerns from the broader market. Analysts cite both optimism and caution, with a decreased discount rate indicating confidence in the company, while a negative shift in the revenue growth forecast tempers near-term excitement. The company has secured contract extensions for three premium jack-up rigs in Mexico, but has also terminated contracts for the Odin and Hild.