Wall Street Cautious on Borr Drilling Limited (BORR), Despite Q2 2025 Outperformance

Borr Drilling Limited (NYSE:BORR) is one of the Cheap Energy Stocks to Buy Under $5. Borr Drilling Limited (NYSE:BORR) is up more than 9.5% since the release of its fiscal second quarter of 2025, on August 13. The company topped Wall Street revenue and EPS estimates; however, analysts still have a cautious outlook on the stock.

Borr Drilling Limited (NYSE:BORR) posted $267.70 million in revenue, down 1.54% year-over-year but ahead of expectations by $5.46 million. The EPS of $0.14 also topped estimates by $0.04. After the release, on August 30, Truls Olsen from Fearnley Securities downgraded the stock to Hold while keeping the price target of $2.5. More recently, on September 11, Scott Gruber from Citi also initiated the stock with a Hold rating and a price target of $3.25.

Borr Drilling Limited (NYSE:BORR) is an offshore shallow-water drilling contractor specializing in the ownership, operation, and contracting of modern jack-up drilling rigs for oil and gas exploration and production.

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Disclosure: None. This article is originally published at Insider Monkey.