Zacks Research Brokers Decrease Earnings Estimates for NBR

Nabors Industries Ltd. (NYSE:NBR) – Analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for shares of Nabors Industries in a research report issued to clients and investors on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of ($1.48) for the quarter, down from their previous forecast of ($1.46). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q3 2025 earnings at ($1.21) EPS, Q4 2025 earnings at ($0.86) EPS, Q1 2026 earnings at ($1.15) EPS, Q2 2026 earnings at ($0.58) EPS, Q3 2026 earnings at ($0.17) EPS, Q4 2026 earnings at ($0.72) EPS, FY2026 earnings at ($2.61) EPS and Q1 2027 earnings at $0.92 EPS.

Several other brokerages also recently commented on NBR. Susquehanna cut their target price on Nabors Industries from $32.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, May 1st. Citigroup cut their target price on Nabors Industries from $50.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Barclays reaffirmed an “underweight” rating and set a $28.00 target price (down from $53.00) on shares of Nabors Industries in a report on Monday, May 19th. Morgan Stanley cut their target price on Nabors Industries from $75.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, May 16th. Finally, Royal Bank of Canada cut their target price on Nabors Industries from $47.00 to $45.00 and set a “sector perform” rating on the stock in a report on Thursday, May 1st. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $42.86.

Nabors Industries Stock Down 2.2%

Shares of NBR opened at $33.62 on Friday. The company has a market capitalization of $527.83 million, a PE ratio of -1.50 and a beta of 1.52. Nabors Industries has a 12 month low of $23.27 and a 12 month high of $105.96. The stock’s 50-day moving average price is $28.79 and its two-hundred day moving average price is $45.16. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 5.95.

Nabors Industries (NYSE:NBR) last announced its earnings results on Tuesday, April 29th. The oil and gas company reported ($7.50) EPS for the quarter, missing the consensus estimate of ($2.64) by ($4.86). The company had revenue of $742.78 million for the quarter, compared to analyst estimates of $706.49 million. Nabors Industries had a negative return on equity of 32.96% and a negative net margin of 5.93%. The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($4.54) earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Nabors Industries by 4.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,233 shares of the oil and gas company’s stock valued at $299,000 after purchasing an additional 228 shares during the period. Price T Rowe Associates Inc. MD increased its position in Nabors Industries by 5.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,780 shares of the oil and gas company’s stock valued at $502,000 after buying an additional 459 shares in the last quarter. State of Wyoming increased its position in Nabors Industries by 20.5% in the 1st quarter. State of Wyoming now owns 2,941 shares of the oil and gas company’s stock valued at $123,000 after buying an additional 500 shares in the last quarter. US Bancorp DE increased its position in Nabors Industries by 234.9% in the 4th quarter. US Bancorp DE now owns 720 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 505 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its position in Nabors Industries by 11.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 5,540 shares of the oil and gas company’s stock valued at $231,000 after buying an additional 570 shares in the last quarter. 81.92% of the stock is owned by institutional investors and hedge funds.

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.