Should I Buy NESR? NESR 2026 Analysis

Should You Buy National Energy Services Reunited Corp (NESR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

19.830

1 Day change

2.75%

52 Week Range

20.900

Analysis Updated At

2026/01/26

National Energy Services Reunited Corp (NESR) is not a strong buy at this time for a beginner, long-term investor. While the stock has positive momentum and analysts are optimistic about its future growth, the company's recent financial performance shows a decline in revenue, net income, EPS, and gross margin. Additionally, technical indicators suggest the stock is overbought, which may lead to a near-term pullback. Given the investor's preference for long-term stability, it would be prudent to wait for clearer signs of financial improvement or a better entry point.

Technical Analysis

The stock's MACD is positive and expanding, indicating bullish momentum. Moving averages are aligned bullishly (SMA_5 > SMA_20 > SMA_200). However, the RSI is at 92.321, signaling the stock is overbought. Key resistance levels are at R1: 20.339 and R2: 21.202, with support at S1: 17.542 and S2: 16.679.

Options Data

Positive Catalysts

Analysts are optimistic about NESR's growth prospects, particularly due to the Jafurah contract and increased Middle East upstream spending. UBS and Barclays have set high price targets ($25) and highlighted the company's potential for outsized growth in the region.

Neutral/Negative Catalysts

The company's financials for Q3 2025 show significant declines in revenue (-12.16% YoY), net income (-13.97% YoY), EPS (-18.18% YoY), and gross margin (-28.36% YoY). Additionally, the RSI indicates the stock is overbought, increasing the risk of a short-term pullback.

Financial Performance

In Q3 2025, NESR reported a revenue decline to $295.3M (-12.16% YoY), net income fell to $17.7M (-13.97% YoY), EPS dropped to $0.18 (-18.18% YoY), and gross margin decreased to 10.38% (-28.36% YoY). These figures indicate a challenging quarter with declining profitability and efficiency.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are bullish on NESR with multiple Buy ratings and price targets ranging from $21 to $25. UBS and Barclays highlight the company's strong positioning in the Middle East and the transformative impact of the Jafurah contract, which is expected to drive significant revenue and EBITDA growth through 2027.

5 Analyst Rating

Wall Street analysts forecast NESR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NESR is 21.4 USD with a low forecast of 12 USD and a high forecast of 30 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.

5 Buy

0 Hold

0 Sell

Strong Buy

Current: 19.300

Low

Averages

21.4

High

Current: 19.300

Low

Averages

21.4

High

UBS

Josh Silverstein

initiated

$25

AI Analysis

2026-01-21

Reason

UBS

Josh Silverstein

Price Target

$25

AI Analysis

2026-01-21

initiated

Reason

UBS analyst Josh Silverstein initiated coverage of National Energy Services with a Buy rating and $25 price target. The firm likes the company's "stable growth" across the Middle East and North Africa region. UBS sees National Energy benefitting from the recovering Saudi activity and the recently awarded Jafurah contract. These should drive the company's sales and EBITDA growth above consensus estimates, the analyst tells investors in a research note. UBS looks for potential upcoming contract wins in the first half of 2026.

UBS

NULL -> Buy

initiated

$25

2026-01-20

Reason

UBS

Price Target

$25

2026-01-20

initiated

NULL -> Buy

Reason

UBS initiated coverage of National Energy Services with a Buy rating and $25 price target.

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NESR Should I Buy

NESR Should I Buy

Should You Buy National Energy Services Reunited Corp (NESR) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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