Zacks Research Expects Lower Earnings for Nabors Industries

Nabors Industries Ltd. (NYSE:NBR) – Research analysts at Zacks Research decreased their Q2 2025 EPS estimates for shares of Nabors Industries in a research report issued on Monday, January 6th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of ($1.57) for the quarter, down from their previous estimate of ($1.52). The consensus estimate for Nabors Industries’ current full-year earnings is ($15.52) per share. Zacks Research also issued estimates for Nabors Industries’ Q3 2025 earnings at ($1.05) EPS, FY2025 earnings at ($5.70) EPS and Q1 2026 earnings at ($1.02) EPS.

NBR has been the subject of several other research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $102.00 target price on shares of Nabors Industries in a research note on Wednesday, October 16th. Citigroup increased their price target on Nabors Industries from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Evercore ISI reduced their price objective on Nabors Industries from $94.00 to $85.00 and set an “in-line” rating for the company in a research note on Thursday, October 24th. Barclays lowered their target price on Nabors Industries from $110.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 16th. Finally, Susquehanna lowered their price target on shares of Nabors Industries from $79.00 to $77.00 and set a “neutral” rating on the stock in a report on Thursday, October 24th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $97.00.

Nabors Industries Trading Down 2.9 %

Shares of Nabors Industries stock opened at $62.22 on Wednesday. The company has a market capitalization of $666.31 million, a P/E ratio of -3.38 and a beta of 2.05. The stock has a fifty day simple moving average of $67.78 and a 200 day simple moving average of $73.24. Nabors Industries has a 12-month low of $50.15 and a 12-month high of $105.96. The company has a current ratio of 1.88, a quick ratio of 1.63 and a debt-to-equity ratio of 5.43.

Institutional Trading of Nabors Industries

A number of institutional investors have recently added to or reduced their stakes in the stock. nVerses Capital LLC bought a new position in shares of Nabors Industries in the third quarter valued at approximately $45,000. Signaturefd LLC boosted its holdings in Nabors Industries by 52.9% in the 3rd quarter. Signaturefd LLC now owns 1,364 shares of the oil and gas company’s stock valued at $88,000 after purchasing an additional 472 shares during the period. Wellington Management Group LLP purchased a new position in shares of Nabors Industries during the 3rd quarter valued at $220,000. The Manufacturers Life Insurance Company grew its position in shares of Nabors Industries by 5.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,567 shares of the oil and gas company’s stock valued at $254,000 after purchasing an additional 181 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of Nabors Industries by 79.6% in the third quarter. SG Americas Securities LLC now owns 4,017 shares of the oil and gas company’s stock worth $259,000 after purchasing an additional 1,780 shares during the period. Hedge funds and other institutional investors own 81.92% of the company’s stock.

Nabors Industries Company Profile

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software.