Zacks Research Issues Positive Forecast for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Equities research analysts at Zacks Research lifted their Q1 2026 earnings estimates for shares of Nabors Industries in a report released on Wednesday, February 25th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings per share of ($2.44) for the quarter, up from their prior estimate of ($2.57). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2026 earnings at ($1.98) EPS, Q3 2026 earnings at ($1.66) EPS, Q4 2026 earnings at ($1.73) EPS, FY2026 earnings at ($7.81) EPS, Q1 2027 earnings at ($0.82) EPS, Q2 2027 earnings at ($1.39) EPS, Q3 2027 earnings at ($1.67) EPS, Q4 2027 earnings at ($0.64) EPS and FY2027 earnings at ($4.52) EPS.

Nabors Industries (NYSE:NBR) last issued its quarterly earnings data on Wednesday, February 11th. The oil and gas company reported $0.17 EPS for the quarter, beating the consensus estimate of ($2.93) by $3.10. The business had revenue of $805.13 million during the quarter, compared to the consensus estimate of $795.82 million. Nabors Industries had a net margin of 8.92% and a negative return on equity of 17.63%. The firm’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($6.67) EPS.

NBR has been the topic of a number of other research reports. Wall Street Zen lowered Nabors Industries from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Citigroup reissued a “neutral” rating and set a $85.00 price target (up from $60.00) on shares of Nabors Industries in a research note on Tuesday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $77.00 price objective (up from $70.00) on shares of Nabors Industries in a research note on Friday, February 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Nabors Industries in a report on Monday, December 29th. Finally, Barclays boosted their target price on shares of Nabors Industries from $50.00 to $65.00 and gave the stock an “underweight” rating in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $69.00.

Nabors Industries Stock Down 0.5%

Shares of NYSE:NBR opened at $77.56 on Friday. Nabors Industries has a 52-week low of $23.27 and a 52-week high of $80.32. The company has a market capitalization of $1.14 billion, a PE ratio of 4.70 and a beta of 0.99. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.47 and a current ratio of 1.56. The company has a fifty day moving average of $64.37 and a 200-day moving average of $51.11.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Monaco Asset Management SAM bought a new stake in shares of Nabors Industries during the 2nd quarter valued at about $210,000. American Century Companies Inc. lifted its stake in Nabors Industries by 7.6% in the second quarter. American Century Companies Inc. now owns 321,800 shares of the oil and gas company’s stock valued at $9,017,000 after buying an additional 22,594 shares during the period. Geode Capital Management LLC lifted its stake in Nabors Industries by 59.5% in the second quarter. Geode Capital Management LLC now owns 338,566 shares of the oil and gas company’s stock valued at $9,488,000 after buying an additional 126,243 shares during the period. Allianz Asset Management GmbH bought a new position in shares of Nabors Industries during the 3rd quarter worth approximately $1,063,000. Finally, Highbridge Capital Management LLC grew its position in shares of Nabors Industries by 26.9% during the 3rd quarter. Highbridge Capital Management LLC now owns 491,795 shares of the oil and gas company’s stock worth $20,100,000 after buying an additional 104,219 shares during the period. Institutional investors and hedge funds own 81.92% of the company’s stock.

Key Nabors Industries News

Here are the key news stories impacting Nabors Industries this week:

• Positive Sentiment: Zacks Research has raised multiple near‑term and medium‑term EPS forecasts for Nabors (several 2026/2027 quarters and FY2026/FY2027), and issued a FY2028 positive EPS forecast of $1.75 — signaling analysts see improving earnings trajectory beyond the current loss years. (These upgrades support a more constructive medium‑term outlook.)
• Positive Sentiment: Nabors’ recent Q4 results beat expectations, with management highlighting meaningful debt reduction and balance‑sheet improvement — a key driver for valuation re‑rating if deleveraging continues. Nabors Industries Q4 Beat Highlights Debt Progress And Future Tradeoffs
• Positive Sentiment: Some sell‑side commentary (AmericanBankingNews summary of Barclays’ view) is highlighting potential for significant upside in NBR shares, which can attract speculative buying and momentum flows. Barclays Forecasts Strong Price Appreciation for Nabors Industries (NYSE:NBR) Stock
• Neutral Sentiment: Zacks commentary on momentum notes Nabors has strengthened its balance sheet and laid out global growth plans, but flags revenue declines, margin pressure and JV cash burn as near‑term risks — a balanced view that can sustain volatility. Massive Momentum: Can Nabors Industries Extend Its 118% Rally?
• Negative Sentiment: Barclays raised its price target to $65 but kept an “underweight” rating — and third‑party writeups note the new PT implies downside from the current price. That mixed stance from a major bank can temper investor enthusiasm despite the PT lift. Barclays raises price target to $65; underweight
• Negative Sentiment: Small downward tweaks to some quarterly estimates (e.g., a modest cut to Q3 2027) and highlighted operational headwinds (JV cash burn, margin pressure) keep near‑term earnings and cash‑flow risk elevated — a reason for profit‑taking or cautious positioning by short‑term traders.

Nabors Industries Company Profile

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.