Q2 EPS Estimate for Nabors Industries Reduced by Analyst

Nabors Industries Ltd. (NYSE:NBR) – Investment analysts at Zacks Research decreased their Q2 2026 EPS estimates for Nabors Industries in a research note issued to investors on Monday, January 6th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $0.26 per share for the quarter, down from their prior estimate of $0.37. The consensus estimate for Nabors Industries’ current full-year earnings is ($15.52) per share. Zacks Research also issued estimates for Nabors Industries’ Q3 2026 earnings at $1.65 EPS, Q4 2026 earnings at $0.49 EPS and FY2026 earnings at $1.38 EPS.

Other analysts have also issued reports about the company. Citigroup raised their price objective on Nabors Industries from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Susquehanna cut their price target on shares of Nabors Industries from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Thursday, October 24th. Evercore ISI reduced their price objective on shares of Nabors Industries from $94.00 to $85.00 and set an “in-line” rating for the company in a research report on Thursday, October 24th. Barclays dropped their target price on shares of Nabors Industries from $110.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $102.00 price target on shares of Nabors Industries in a research report on Wednesday, October 16th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $97.00.

Nabors Industries Price Performance

NYSE:NBR opened at $64.07 on Tuesday. The stock has a market capitalization of $686.13 million, a PE ratio of -3.48 and a beta of 2.05. Nabors Industries has a 52 week low of $50.15 and a 52 week high of $105.96. The company has a quick ratio of 1.63, a current ratio of 1.88 and a debt-to-equity ratio of 5.43. The stock’s 50-day moving average price is $68.02 and its 200-day moving average price is $73.31.

Institutional Trading of Nabors Industries

A number of hedge funds and other institutional investors have recently modified their holdings of NBR. Barclays PLC boosted its position in shares of Nabors Industries by 60.8% during the 3rd quarter. Barclays PLC now owns 112,318 shares of the oil and gas company’s stock valued at $7,241,000 after acquiring an additional 42,483 shares during the last quarter. Hsbc Holdings PLC purchased a new position in Nabors Industries during the second quarter worth about $1,242,000. Centiva Capital LP acquired a new position in Nabors Industries in the 3rd quarter valued at about $531,000. Dimensional Fund Advisors LP grew its stake in shares of Nabors Industries by 6.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 289,967 shares of the oil and gas company’s stock valued at $20,634,000 after buying an additional 16,890 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Nabors Industries by 42.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 115,084 shares of the oil and gas company’s stock worth $8,189,000 after buying an additional 34,473 shares during the last quarter. 81.92% of the stock is owned by institutional investors and hedge funds.

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.