Zacks Research Has Negative Estimate for NBR Q2 Earnings

Nabors Industries Ltd. (NYSE:NBR) – Research analysts at Zacks Research decreased their Q2 2025 earnings estimates for Nabors Industries in a research report issued 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.

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

Nabors Industries Stock Performance

Shares of NBR opened at $64.07 on Wednesday. The stock has a 50-day moving average of $68.02 and a two-hundred day moving average of $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. The stock has a market cap of $686.13 million, a P/E ratio of -3.48 and a beta of 2.05. Nabors Industries has a one year low of $50.15 and a one year high of $105.96.

Institutional Investors Weigh In On Nabors Industries

A number of institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in Nabors Industries by 6.2% during the second quarter. Dimensional Fund Advisors LP now owns 289,967 shares of the oil and gas company’s stock worth $20,634,000 after purchasing an additional 16,890 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Nabors Industries by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 206,041 shares of the oil and gas company’s stock valued at $13,286,000 after buying an additional 3,054 shares in the last quarter. American Century Companies Inc. grew its stake in Nabors Industries by 20.2% in the 2nd quarter. American Century Companies Inc. now owns 200,250 shares of the oil and gas company’s stock valued at $14,250,000 after acquiring an additional 33,616 shares during the period. Bank of New York Mellon Corp increased its holdings in Nabors Industries by 42.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 115,084 shares of the oil and gas company’s stock worth $8,189,000 after acquiring an additional 34,473 shares in the last quarter. Finally, Barclays PLC raised its position in Nabors Industries by 60.8% during the third quarter. Barclays PLC now owns 112,318 shares of the oil and gas company’s stock worth $7,241,000 after acquiring an additional 42,483 shares during the period. 81.92% of the stock is currently owned by institutional investors and hedge funds.

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.