NBR

Nabors Industries Ltd

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Advanced Chart

35.480

+2.12(6.355%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

35.520

Open

33.800

VWAP

35.00

Vol

950.57K

Mkt Cap

558.35M

Low

33.440

Amount

33.27M

EV/EBITDA(TTM)

4.55

Total Shares

9.54M

3.98B

EV/OCF(TTM)

7.48

P/S(TTM)

0.13

Nabors Industries Ltd. is a provider of advanced technology for the energy industry. The Company operates in over 20 countries and provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. Its business consists of four reportable segments, namely U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Its RigCLOUD platform is an edge computing system designed to support workflow management, performance monitoring, and user-specific configurations. The Company’s fleet includes approximately 285 actively marketed rigs for land-based drilling operations in the United States and multiple international markets and 26 actively marketed rigs for offshore platform drilling operations in the United States and various other countries. It provides performance tools, directional drilling services, tubular running services, and technologies for use on its own rig fleet and rigs operated by third parties.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

819.81M

+11.36%

-2.018

-37.67%

862.23M

+18.14%

-1.560

-76.61%

857.60M

+17.19%

-1.606

-76.58%

Estimates Revision

The market is revising Downward the revenue expectations for Nabors Industries Ltd. (NBR) for FY2025, with the revenue forecasts being adjusted by -0.96% over the past three months. During the same period, the stock price has changed by 12.85%.

Revenue Estimates for FY2025

Revise Downward

-0.96%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.75%

In Past 3 Month

Stock Price

Go Up

+12.85%

In Past 3 Month

8 Analyst Rating

-0.28% Downside

Wall Street analysts forecast NBR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NBR is 35.38 USD with a low forecast of 28.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

4 Hold

3 Sell

Hold

-0.28% Downside

Current: 35.480

Low

28.00

Averages

35.38

High

50.00

-0.28% Downside

Current: 35.480

Low

28.00

Averages

35.38

High

50.00

Piper Sandler

Underweight

initiated

$30

2025-07-14

Reason

Piper Sandler

Price Target

$30

2025-07-14

initiated

Underweight

Reason

Piper Sandler initiated coverage of Nabors Industries with an Underweight rating and $30 price target. Piper rolled out coverage of 13 Smid-cap oilfield services stocks. The firm sees a challenging backdrop for U.S. land, saying oil prices remain below $70 per barrel due to tariffs and production hikes. The analyst expects a \"persistent negative rate-of-change envinrment\" for the rest of 2025 with the U.S. land rig count falling to 500 from 522 today. This will create pressure on frac activity and proppant pricing, the analyst tells investors in a research note.

Susquehanna

Neutral

maintain

$29 -> $32

2025-07-01

Reason

Susquehanna

Price Target

$29 -> $32

2025-07-01

maintain

Neutral

Reason

Susquehanna raised the firm's price target on Nabors Industries to $32 from $29 and keeps a Neutral rating on the shares. The firm said ahead of the 2Q25 earnings season for the Oilfield Services sector, they have seen some companies provide updates suggesting 2Q profitability will be a bit lower than initially guided, pointing to specific examples of weakness in both US and international markets. While estimates had already been tempered for 2H25 coming out of 1Q25 earnings season, there could still be a bit more downside to estimates as customer plans come more into focus, as the slowdown came perhaps a bit earlier and more aggressively in 2Q25 than some of the companies had anticipated.

JPMorgan

Arun Jayaram

Underweight

downgrade

$38 -> $25

2025-05-28

Reason

JPMorgan

Arun Jayaram

Price Target

$38 -> $25

2025-05-28

downgrade

Underweight

Reason

JPMorgan analyst Arun Jayaram lowered the firm's price target on Nabors Industries to $25 from $38 and keeps an Underweight rating on the shares. The firm refreshed estimates for the SMid cap land and offshore drillers as well as frac levered oilfield services stocks to reflect lower oil prices.

Barclays

Eddie Kim

Equal Weight -> Underweight

downgrade

$53 -> $28

2025-05-19

Reason

Barclays

Eddie Kim

Price Target

$53 -> $28

2025-05-19

downgrade

Equal Weight -> Underweight

Reason

Barclays analyst Eddie Kim downgraded Nabors Industries to Underweight from Equal Weight with a price target of $28, down from $53. The firm says that amid a challenging macro environment in the next 12 months, Nabors will see outsized activity and pricing declines in the lower 48 states and select international markets. The Sanad joint venture in Saudi is Nabors' only real growth driver, but could also represent a risk in a cash shortfall scenario, the analyst tells investors in a research note.

Citi

Scott Gruber

Neutral

downgrade

$50 -> $38

2025-05-13

Reason

Citi

Scott Gruber

Price Target

$50 -> $38

2025-05-13

downgrade

Neutral

Reason

Citi analyst Scott Gruber lowered the firm's price target on Nabors Industries to $38 from $50 and keeps a Neutral rating on the shares. The firm updated models for a collection of Smid-cap oil and gas equipment and services stocks to incorporate updated rig count forecasts and recent earnings.

Susquehanna

Charles Minervino

Hold

Maintains

$45 → $32

2025-04-14

Reason

Susquehanna

Charles Minervino

Price Target

$45 → $32

2025-04-14

Maintains

Hold

Reason

Susquehanna lowered the firm's price target on Nabors Industries to $32 from $45 and keeps a Neutral rating on the shares. Heading into the Q1 earnings season for oilfield services, the firm says it is becoming increasingly likely that the sector is in for a more challenging year than previously expected. Crude prices have fallen while economic uncertainty related to geopolitical and government policy is creating an overhang that could change or delay customer spending, the analyst tells investors in a research note. At this stage, given the greater economic risks and lower crude prices, coupled with limited activity improvement thus far, there is more downside risk than upside risk to full-year estimates for U.S. and international spending, contends Susquehanna.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Nabors Industries Ltd (NBR.N) is -4.93, compared to its 5-year average forward P/E of -8.60. For a more detailed relative valuation and DCF analysis to assess Nabors Industries Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-8.60

Current PE

-4.93

Overvalued PE

13.16

Undervalued PE

-30.35

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

5.39

Current EV/EBITDA

3.96

Overvalued EV/EBITDA

7.00

Undervalued EV/EBITDA

3.78

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.31

Current PS

0.14

Overvalued PS

0.43

Undervalued PS

0.19