Zacks Research Issues Negative Outlook for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Equities research analysts at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for Nabors Industries in a research report issued to clients and investors on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the oil and gas company will earn ($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.

NBR has been the subject of a number of other research reports. Evercore ISI dropped 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 report on Thursday, October 24th. Barclays cut their price target on shares of Nabors Industries from $110.00 to $88.00 and set an “equal weight” rating for the company in a report on Wednesday, October 16th. Citigroup upped 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 target price 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. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $102.00 price target on shares of Nabors Industries in a report on Wednesday, October 16th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $97.00.

Nabors Industries Stock Performance

Shares of Nabors Industries stock opened at $64.07 on Wednesday. Nabors Industries has a one year low of $50.15 and a one year high of $105.96. The company has a market cap of $686.13 million, a price-to-earnings ratio of -3.48 and a beta of 2.05. The business’s 50 day moving average price is $68.02 and its 200 day moving average price is $73.31. The company has a debt-to-equity ratio of 5.43, a quick ratio of 1.63 and a current ratio of 1.88.

Institutional Investors Weigh In On Nabors Industries

Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC boosted its holdings in 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 period. Bank of New York Mellon Corp grew its holdings in shares of Nabors Industries by 42.8% in the second quarter. Bank of New York Mellon Corp now owns 115,084 shares of the oil and gas company’s stock valued at $8,189,000 after purchasing an additional 34,473 shares in the last quarter. American Century Companies Inc. increased its stake in Nabors Industries by 20.2% during the 2nd quarter. American Century Companies Inc. now owns 200,250 shares of the oil and gas company’s stock worth $14,250,000 after buying an additional 33,616 shares during the period. Hsbc Holdings PLC acquired a new stake in Nabors Industries during the 2nd quarter worth approximately $1,242,000. Finally, Dimensional Fund Advisors LP boosted its position in 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. Hedge funds and other institutional investors own 81.92% of the company’s stock.

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.