Q1 EPS Estimate for Nabors Industries Raised by Analyst

Nabors Industries Ltd. (NYSE:NBR) – Equities research analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for Nabors Industries in a research report issued to clients and investors on Tuesday, March 24th. Zacks Research analyst Team now forecasts that the oil and gas company will earn ($2.42) per share for the quarter, up from their prior forecast of ($2.44). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2026 earnings at ($1.94) EPS, Q3 2026 earnings at ($1.63) EPS, Q4 2026 earnings at ($1.71) EPS, FY2026 earnings at ($7.70) EPS, Q1 2027 earnings at ($0.79) EPS, Q2 2027 earnings at ($1.36) EPS, Q3 2027 earnings at ($1.65) EPS, Q4 2027 earnings at ($0.62) EPS and FY2027 earnings at ($4.41) EPS.

Nabors Industries (NYSE:NBR) last announced its quarterly earnings data on Wednesday, February 11th. The oil and gas company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of ($2.93) by $3.10. The firm had revenue of $797.53 million for the quarter, compared to the consensus estimate of $795.82 million. Nabors Industries had a negative return on equity of 17.63% and a net margin of 8.92%.The firm’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the business posted ($6.67) earnings per share.

Other research analysts have also issued research reports about the company. Royal Bank Of Canada reiterated a “sector perform” rating and set a $77.00 price target (up from $70.00) on shares of Nabors Industries in a report on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Nabors Industries in a research report on Monday, December 29th. Barclays lifted their target price on shares of Nabors Industries from $50.00 to $65.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 25th. Susquehanna reiterated a “neutral” rating and issued a $70.00 target price (up from $64.00) on shares of Nabors Industries in a report on Friday, February 13th. Finally, Piper Sandler reissued an “overweight” rating and issued a $80.00 price target (up from $65.00) on shares of Nabors Industries in a research note on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $69.00.

Nabors Industries Stock Up 0.3%

Shares of NYSE:NBR opened at $89.70 on Thursday. Nabors Industries has a 52-week low of $23.27 and a 52-week high of $92.00. The stock has a market cap of $1.32 billion, a P/E ratio of 5.44 and a beta of 0.89. The business has a fifty day moving average of $74.15 and a two-hundred day moving average of $57.69. The company has a quick ratio of 1.47, a current ratio of 1.56 and a debt-to-equity ratio of 2.22.

Institutional Trading of Nabors Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Islay Capital Management LLC purchased a new stake in Nabors Industries in the 4th quarter valued at about $26,000. Quarry LP purchased a new position in Nabors Industries during the fourth quarter worth about $33,000. CWM LLC boosted its stake in Nabors Industries by 244.6% during the third quarter. CWM LLC now owns 889 shares of the oil and gas company’s stock worth $36,000 after buying an additional 631 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of Nabors Industries by 58.5% during the second quarter. Ameritas Investment Partners Inc. now owns 1,444 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 533 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Nabors Industries during the fourth quarter valued at about $40,000. 81.92% of the stock is owned by institutional investors and hedge funds.

Nabors Industries News Roundup

Here are the key news stories impacting Nabors Industries this week:

• Positive Sentiment: Zacks Research and other coverage are upgrading near‑term EPS forecasts for multiple quarters and for FY2027, trimming prior losses and signaling an improving earnings trajectory that supports the stock’s momentum. (Zacks raised many quarterly and FY estimates in the March 24 research cycle.)
• Positive Sentiment: Zacks also published a momentum piece highlighting Nabors as a strong momentum name — this can attract momentum and growth-seeking flows into NBR. Nabors Industries (NBR) is a Great Momentum Stock: Should You Buy?
• Neutral Sentiment: Analysts’ consensus remains a “Hold,” suggesting mixed conviction in a sustained rerating; the research community is raising forecasts but not overwhelmingly converting to buys. Nabors Industries Ltd. (NYSE:NBR) Receives Consensus Rating of “Hold” from Analysts
• Neutral Sentiment: Comparative coverage weighing Nabors versus peers (e.g., Noble) offers context for relative valuation and operational positioning but does not change the near-term narrative on its own. Critical Analysis: Noble (NE) versus Nabors Industries (NBR)
• Negative Sentiment: Despite upgrades, consensus full‑year EPS remains negative (street consensus around -6.22 for the current year) and the company carries relatively high leverage and negative historical ROE — factors that could cap a valuation rerating if macro or oilfield activity softens.

Nabors Industries Company Profile

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.