Zacks Research Issues Pessimistic Outlook for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Zacks Research decreased their Q2 2025 earnings estimates for shares of Nabors Industries in a research note issued to investors on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of ($1.57) per share for the quarter, down from their prior forecast 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.

Several other equities research analysts have also issued reports on NBR. Evercore ISI lowered their price objective on Nabors Industries from $94.00 to $85.00 and set an “in-line” rating for the company in a research note on Thursday, October 24th. Susquehanna lowered their price target 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. Barclays dropped their price objective on shares of 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. Royal Bank of Canada reissued a “sector perform” rating and issued a $102.00 target price on shares of Nabors Industries in a research note on Wednesday, October 16th. Finally, Citigroup lifted their price target 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. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $97.00.

Nabors Industries Stock Down 2.9 %

Shares of NYSE:NBR opened at $62.22 on Wednesday. The company has a 50-day moving average price of $67.53 and a 200 day moving average price of $73.16. 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 12 month low of $50.15 and a 12 month high of $105.96. The company has a market cap of $666.31 million, a price-to-earnings ratio of -3.38 and a beta of 2.05.

Hedge Funds Weigh In On Nabors Industries

A number of hedge funds have recently added to or reduced their stakes in the stock. nVerses Capital LLC bought a new stake in shares of Nabors Industries during the third quarter valued at approximately $45,000. Signaturefd LLC raised 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 valued at $88,000 after purchasing an additional 472 shares in the last quarter. Wellington Management Group LLP purchased a new stake in shares of Nabors Industries in the 3rd quarter worth $220,000. The Manufacturers Life Insurance Company lifted its holdings in shares of 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 worth $254,000 after buying an additional 181 shares during the period. Finally, SG Americas Securities LLC grew its position in shares of Nabors Industries by 79.6% during the 3rd quarter. SG Americas Securities LLC now owns 4,017 shares of the oil and gas company’s stock worth $259,000 after buying an additional 1,780 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.