BTIG Research Issues Positive Forecast for National Energy Services Reunited (NASDAQ:NESR) Stock Price

National Energy Services Reunited (NASDAQ:NESR) had its price objective lifted by equities research analysts at BTIG Research from $32.00 to $40.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. BTIG Research’s target price suggests a potential upside of 11.23% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Zacks Research upgraded shares of National Energy Services Reunited from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Piper Sandler increased their price objective on shares of National Energy Services Reunited from $33.00 to $35.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Barclays raised their price target on National Energy Services Reunited from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Weiss Ratings cut National Energy Services Reunited from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. Finally, UBS Group increased their price objective on shares of National Energy Services Reunited from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, National Energy Services Reunited presently has an average rating of “Buy” and an average target price of $30.86.

National Energy Services Reunited Price Performance

Shares of NESR stock traded up $6.94 on Monday, hitting $35.96. 4,897,069 shares of the stock traded hands, compared to its average volume of 1,995,725. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 55.46, a PEG ratio of 0.34 and a beta of 0.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 0.90. The firm has a 50 day simple moving average of $26.79 and a two-hundred day simple moving average of $24.21. National Energy Services Reunited has a 52 week low of $6.66 and a 52 week high of $35.96.

National Energy Services Reunited (NASDAQ:NESR) last released its earnings results on Monday, August 10th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.09. National Energy Services Reunited had a return on equity of 9.77% and a net margin of 4.53%.The firm had revenue of $520.75 million during the quarter, compared to analysts’ expectations of $448.54 million. The business’s quarterly revenue was up 59.1% compared to the same quarter last year. As a group, equities research analysts predict that National Energy Services Reunited will post 1.74 earnings per share for the current fiscal year.

Insider Activity at National Energy Services Reunited

In other news, Director Yousif Mohammed Ali Al-Nowais sold 1,919,594 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $26.80, for a total value of $51,445,119.20. Following the completion of the sale, the director owned 229,198 shares of the company’s stock, valued at $6,142,506.40. This trade represents a 89.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 5,129,198 shares of company stock worth $135,731,984. Corporate insiders own 9.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in National Energy Services Reunited by 373.8% in the fourth quarter. Royal Bank of Canada now owns 1,900 shares of the company’s stock valued at $30,000 after buying an additional 1,499 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of National Energy Services Reunited during the second quarter worth about $34,000. USA Financial Formulas grew its stake in shares of National Energy Services Reunited by 63.0% during the first quarter. USA Financial Formulas now owns 2,253 shares of the company’s stock worth $48,000 after acquiring an additional 871 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of National Energy Services Reunited during the first quarter valued at about $48,000. Finally, Osaic Holdings Inc. acquired a new position in shares of National Energy Services Reunited during the second quarter valued at about $73,000. 15.55% of the stock is owned by institutional investors and hedge funds.

More National Energy Services Reunited News

Here are the key news stories impacting National Energy Services Reunited this week:

• Positive Sentiment: Earnings and revenue beat expectations: Adjusted EPS was $0.44, exceeding the $0.35 analyst consensus, while revenue reached approximately $520.8 million versus expectations of $448.5 million. National Energy Services Reunited Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Strong year-over-year growth: Revenue increased 59.1% from the prior-year quarter, while net income rose to $44.0 million from $15.2 million. Diluted EPS increased from $0.16 to $0.43, and adjusted EBITDA climbed 50.5% to $106.2 million. NESR Q2 Revenue Rises 59 Percent
• Positive Sentiment: Healthy cash generation: Operating cash flow totaled $174.0 million and free cash flow reached $99.9 million during the quarter, providing support for investment and balance-sheet management. National Energy Services Reunited Reports Second Quarter Financial Results
• Neutral Sentiment: Balance-sheet details: NESR ended the quarter with $175.0 million in cash and $274.6 million in total debt. The company also reviewed the results during its second-quarter earnings call. NESR Q2 2026 Earnings Call Transcript

About National Energy Services Reunited

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.