Nabors Industries Ltd. (NYSE:NBR) Receives Average Rating of “Hold” from Brokerages

Nabors Industries Ltd. (NYSE:NBR) has received a consensus recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $103.4286.

A number of research firms have issued reports on NBR. Susquehanna reiterated a “neutral” rating and issued a $105.00 target price (up from $85.00) on shares of Nabors Industries in a research note on Thursday, April 30th. Barclays upgraded shares of Nabors Industries from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $65.00 to $99.00 in a research report on Thursday, May 7th. Weiss Ratings cut shares of Nabors Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Piper Sandler raised their price target on shares of Nabors Industries from $84.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Citigroup lifted their price target on Nabors Industries from $89.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, May 1st.

Nabors Industries Stock Up 0.0%

Shares of Nabors Industries stock opened at $77.87 on Friday. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 6.10 and a beta of 0.96. Nabors Industries has a twelve month low of $29.50 and a twelve month high of $112.90. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 2.22. The business’s 50 day simple moving average is $95.22 and its 200-day simple moving average is $79.42.

Nabors Industries (NYSE:NBR) last released its quarterly earnings data on Tuesday, April 28th. The oil and gas company reported ($1.54) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.49) by $0.95. The business had revenue of $783.55 million during the quarter, compared to analyst estimates of $769.33 million. Nabors Industries had a negative return on equity of 8.66% and a net margin of 7.32%.The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.18 EPS. Equities research analysts forecast that Nabors Industries will post -3.12 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Adage Capital Partners GP L.L.C. grew its stake in shares of Nabors Industries by 62.6% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 1,260,000 shares of the oil and gas company’s stock worth $68,418,000 after purchasing an additional 485,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Nabors Industries by 42.1% in the first quarter. Dimensional Fund Advisors LP now owns 447,833 shares of the oil and gas company’s stock worth $38,545,000 after purchasing an additional 132,747 shares during the period. Two Sigma Investments LP lifted its holdings in Nabors Industries by 232.2% in the third quarter. Two Sigma Investments LP now owns 185,841 shares of the oil and gas company’s stock worth $7,595,000 after purchasing an additional 129,904 shares during the period. Marshall Wace LLP grew its position in Nabors Industries by 446.9% in the 4th quarter. Marshall Wace LLP now owns 132,715 shares of the oil and gas company’s stock valued at $7,206,000 after buying an additional 108,447 shares in the last quarter. Finally, Millennium Management LLC increased its stake in Nabors Industries by 846.5% during the 3rd quarter. Millennium Management LLC now owns 112,106 shares of the oil and gas company’s stock valued at $4,582,000 after buying an additional 100,262 shares during the period. Institutional investors and hedge funds own 81.92% of the company’s stock.

More Nabors Industries News

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

• Positive Sentiment: Zacks Research raised Nabors Industries’ FY2026 EPS estimate to a smaller loss, signaling improved near-term profitability expectations. Is Nabors Industries’ (NBR) Deleveraging Quietly Rewriting Its Risk‑Reward Profile for Investors?
• Positive Sentiment: Analysts also increased FY2027 and FY2028 earnings estimates, implying a stronger longer-term profit outlook for the oilfield services company. Is Nabors Industries’ (NBR) Deleveraging Quietly Rewriting Its Risk‑Reward Profile for Investors?
• Neutral Sentiment: Zacks Research raised several quarterly estimates for 2026 and 2027, but the company is still expected to report losses in most near-term periods.

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.