Zacks Research Issues Pessimistic Forecast for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Zacks Research reduced their Q2 2025 EPS estimates for shares of Nabors Industries in a research report issued to clients and investors on Monday, January 6th. Zacks Research analyst R. Department now anticipates 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 topic of several other research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $102.00 target price on shares of Nabors Industries in a report on Wednesday, October 16th. Susquehanna lowered their price objective on Nabors Industries from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Thursday, October 24th. Evercore ISI decreased their target price on shares of Nabors Industries from $94.00 to $85.00 and set an “in-line” rating on the stock in a research note on Thursday, October 24th. Citigroup increased their price target on shares of Nabors Industries from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Finally, Barclays decreased their price objective 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. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Nabors Industries currently has an average rating of “Hold” and a consensus price target of $97.00.

Nabors Industries Stock Performance

Shares of NYSE NBR opened at $62.22 on Wednesday. The stock has a market cap of $666.31 million, a price-to-earnings ratio of -3.38 and a beta of 2.05. The stock’s 50-day moving average is $67.78 and its 200 day moving average is $73.24. The company has a current ratio of 1.88, a quick ratio of 1.63 and a debt-to-equity ratio of 5.43. Nabors Industries has a 1-year low of $50.15 and a 1-year high of $105.96.

Institutional Trading of Nabors Industries

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in Nabors Industries by 1.5% in the third quarter. Geode Capital Management LLC now owns 206,041 shares of the oil and gas company’s stock worth $13,286,000 after purchasing an additional 3,054 shares during the period. Barclays PLC boosted its holdings 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 buying an additional 42,483 shares in the last quarter. Wellington Management Group LLP purchased a new stake in shares of Nabors Industries in the 3rd quarter worth about $220,000. Centiva Capital LP bought a new position in shares of Nabors Industries in the 3rd quarter worth about $531,000. Finally, Atom Investors LP bought a new position in shares of Nabors Industries in the 3rd quarter worth about $332,000. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

About Nabors Industries

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.