Equities Analysts Offer Predictions for NBR Q2 Earnings

Nabors Industries Ltd. (NYSE:NBR) – Zacks Research dropped their Q2 2026 earnings per share estimates for Nabors Industries in a note issued to investors on Monday, January 6th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of $0.26 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.

Several other equities research analysts have also weighed in on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $102.00 target price on shares of Nabors Industries in a report on Wednesday, October 16th. Evercore ISI dropped their price objective on 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. Barclays decreased their target price on Nabors Industries from $110.00 to $88.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 16th. Susquehanna dropped their price target on Nabors Industries from $79.00 to $77.00 and set a “neutral” rating on the stock in a research report on Thursday, October 24th. Finally, Citigroup boosted their price objective on Nabors Industries from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $97.00.

Nabors Industries Stock Performance

Shares of NYSE:NBR opened at $62.22 on Tuesday. The firm’s 50 day simple moving average is $67.78 and its 200 day simple moving average is $73.24. Nabors Industries has a fifty-two week low of $50.15 and a fifty-two week high of $105.96. The company has a market capitalization of $666.31 million, a price-to-earnings ratio of -3.38 and a beta of 2.05. The company has a debt-to-equity ratio of 5.43, a current ratio of 1.88 and a quick ratio of 1.63.

Institutional Trading of Nabors Industries

Institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its position in Nabors Industries by 5.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,567 shares of the oil and gas company’s stock valued at $254,000 after buying an additional 181 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Nabors Industries by 6.4% during the 3rd quarter. Intech Investment Management LLC now owns 5,372 shares of the oil and gas company’s stock worth $346,000 after acquiring an additional 322 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Nabors Industries by 52.9% in the third quarter. Signaturefd LLC now owns 1,364 shares of the oil and gas company’s stock valued at $88,000 after purchasing an additional 472 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Nabors Industries by 14.5% in the second quarter. AQR Capital Management LLC now owns 4,753 shares of the oil and gas company’s stock valued at $338,000 after purchasing an additional 601 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its position in shares of Nabors Industries by 8.8% in the second quarter. Ensign Peak Advisors Inc now owns 8,649 shares of the oil and gas company’s stock worth $615,000 after purchasing an additional 700 shares in the last quarter. 81.92% of the stock is currently owned by 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.