Q1 EPS Forecast for Nabors Industries Decreased by Analyst

Nabors Industries Ltd. (NYSE:NBR) – Stock analysts at Atb Cap Markets decreased their Q1 2025 earnings per share estimates for shares of Nabors Industries in a note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will post earnings per share of ($3.00) for the quarter, down from their prior estimate of ($2.88). The consensus estimate for Nabors Industries’ current full-year earnings is ($15.52) per share. Atb Cap Markets also issued estimates for Nabors Industries’ Q2 2025 earnings at ($2.17) EPS, Q3 2025 earnings at ($1.70) EPS, Q4 2025 earnings at ($1.23) EPS, FY2025 earnings at ($8.09) EPS, Q1 2026 earnings at ($1.18) EPS, Q2 2026 earnings at ($0.56) EPS, Q3 2026 earnings at ($0.29) EPS and FY2026 earnings at ($1.73) EPS.

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

Nabors Industries Stock Performance

Shares of NBR opened at $65.38 on Friday. The firm has a market capitalization of $700.15 million, a PE ratio of -3.56 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. The company has a 50-day simple moving average of $74.25 and a two-hundred day simple moving average of $74.49. Nabors Industries has a one year low of $59.67 and a one year high of $105.96.

Institutional Investors Weigh In On Nabors Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NBR. nVerses Capital LLC purchased a new position in Nabors Industries during the 3rd quarter worth approximately $45,000. Signaturefd LLC grew its position in Nabors Industries by 52.9% during the 3rd quarter. Signaturefd LLC now owns 1,364 shares of the oil and gas company’s stock worth $88,000 after purchasing an additional 472 shares during the period. SG Americas Securities LLC purchased a new position in shares of Nabors Industries during the 2nd quarter valued at about $159,000. Wellington Management Group LLP acquired a new position in shares of Nabors Industries in the 3rd quarter valued at about $220,000. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Nabors Industries by 5.3% in the second quarter. The Manufacturers Life Insurance Company now owns 3,567 shares of the oil and gas company’s stock worth $254,000 after buying an additional 181 shares during the last quarter. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

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.