BTIG Research Increases National Energy Services Reunited (NASDAQ:NESR) Price Target to $28.00

National Energy Services Reunited (NASDAQ:NESR) had its price target upped by investment analysts at BTIG Research from $16.00 to $28.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. BTIG Research’s price objective indicates a potential upside of 13.50% from the company’s current price.

NESR has been the subject of a number of other reports. Weiss Ratings restated a “hold (c)” rating on shares of National Energy Services Reunited in a research note on Monday, December 29th. Bank of America initiated coverage on shares of National Energy Services Reunited in a report on Friday, January 9th. They issued a “buy” rating on the stock. Zacks Research cut shares of National Energy Services Reunited from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. Maxim Group set a $30.00 price target on National Energy Services Reunited in a research report on Monday, January 12th. Finally, Piper Sandler lifted their price objective on National Energy Services Reunited from $15.00 to $19.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $25.14.

National Energy Services Reunited Price Performance

Shares of NASDAQ:NESR opened at $24.67 on Tuesday. National Energy Services Reunited has a fifty-two week low of $5.20 and a fifty-two week high of $25.13. The business has a 50-day moving average of $18.06 and a two-hundred day moving average of $13.44. The stock has a market capitalization of $2.38 billion, a P/E ratio of 46.55, a P/E/G ratio of 0.70 and a beta of 0.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.10 and a quick ratio of 0.92.

National Energy Services Reunited (NASDAQ:NESR) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.07. National Energy Services Reunited had a return on equity of 8.57% and a net margin of 3.86%.The business had revenue of $398.26 million for the quarter. National Energy Services Reunited’s revenue for the quarter was up 15.9% on a year-over-year basis. On average, equities research analysts predict that National Energy Services Reunited will post 1.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in National Energy Services Reunited by 373.8% in the 4th quarter. Royal Bank of Canada now owns 1,900 shares of the company’s stock valued at $30,000 after buying an additional 1,499 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of National Energy Services Reunited during the 3rd quarter valued at about $34,000. State of Wyoming bought a new stake in National Energy Services Reunited in the fourth quarter valued at about $76,000. Clearstead Advisors LLC increased its stake in National Energy Services Reunited by 180.1% in the fourth quarter. Clearstead Advisors LLC now owns 4,932 shares of the company’s stock valued at $77,000 after acquiring an additional 3,171 shares during the period. Finally, Legal & General Group Plc acquired a new position in National Energy Services Reunited in the second quarter worth about $34,000. 15.55% of the stock is owned by institutional investors.

Trending Headlines about National Energy Services Reunited

Here are the key news stories impacting National Energy Services Reunited this week:

• Positive Sentiment: Q4 beat and strong underlying metrics — NESR reported Q4 EPS of $0.32, topping consensus, and revenue of $398.3M (up 15.9% YoY). Management flagged sizable sequential improvement in adjusted EBITDA and adjusted EPS. NESR Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management growth outlook — Company outlined a path to a $2 billion revenue run-rate by end of 2026 and said it is expanding its MENA contract base, which supports medium-term top-line growth expectations. NESR outlines path to $2B revenue run rate
• Positive Sentiment: Analyst upgrade/target lift — BTIG raised its price target to $28 and kept a buy rating, providing an independent validation of upside vs. the current level and likely supporting additional buying interest. BTIG raises price target to $28 (Benzinga)
• Positive Sentiment: Improved cash flow and adjusted profitability — NESR reported operating cash flow of $264.2M for the year and free cash flow of $120.8M; adjusted net income and adjusted EBITDA improved sequentially, which supports valuation and shareholder-return optionality. Q4 financial results and cash flow (AccessWire)
• Positive Sentiment: Market reaction — The stock traded to an intraday all-time high after results and commentary, reflecting investor enthusiasm around the beat and guidance. NESR Propels to All-Time High on Earnings Beat
• Neutral Sentiment: Full earnings disclosures and call transcript are available for detail — investors can review the conference call transcript and highlights to assess segment performance and contract updates. Earnings call transcript (Seeking Alpha)
• Negative Sentiment: GAAP net income and diluted EPS weakness YoY — Despite adjusted gains, GAAP net income ($7.8M) and diluted EPS ($0.08) were down significantly year-over-year, which could concern value-focused investors and temper enthusiasm if GAAP recovery lags. Q4 GAAP results and note on EPS (AccessWire)

About National Energy Services Reunited

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.