Nabors Industries (NBR) Expected to Release Earnings on Tuesday

Nabors Industries (NYSE:NBRGet Free Report) is expected to post its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect Nabors Industries to announce earnings of ($1.3022) per share and revenue of $809.2810 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 11:00 AM ET.

Nabors Industries (NYSE:NBRGet Free Report) last issued its earnings results on Tuesday, April 28th. The oil and gas company reported ($1.54) EPS for the quarter, beating analysts’ consensus estimates of ($2.49) by $0.95. The business had revenue of $783.55 million during the quarter, compared to analysts’ expectations of $769.33 million. Nabors Industries had a net margin of 7.32% and a negative return on equity of 8.66%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.18 earnings per share. On average, analysts expect Nabors Industries to post $-3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nabors Industries Stock Performance

NYSE:NBR opened at $82.89 on Tuesday. The company’s 50-day moving average price is $91.79 and its 200-day moving average price is $81.87. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 2.22. The company has a market cap of $1.23 billion, a P/E ratio of 6.49 and a beta of 0.96. Nabors Industries has a twelve month low of $30.13 and a twelve month high of $112.90.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. WINTON GROUP Ltd purchased a new stake in shares of Nabors Industries in the 4th quarter valued at approximately $246,000. Concentric Capital Strategies LP purchased a new position in shares of Nabors Industries during the 3rd quarter worth approximately $260,000. Sei Investments Co. purchased a new position in shares of Nabors Industries during the 3rd quarter worth approximately $220,000. Osaic Holdings Inc. raised its position in Nabors Industries by 720.6% in the second quarter. Osaic Holdings Inc. now owns 5,703 shares of the oil and gas company’s stock valued at $160,000 after purchasing an additional 5,008 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Nabors Industries by 41.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,744 shares of the oil and gas company’s stock worth $217,000 after purchasing an additional 2,277 shares in the last quarter. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Piper Sandler raised their target price on shares of Nabors Industries from $84.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Royal Bank Of Canada lifted their price objective on Nabors Industries from $91.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Morgan Stanley reissued an “overweight” rating and set a $100.00 price objective (up from $80.00) on shares of Nabors Industries in a research note on Wednesday, April 15th. Weiss Ratings cut Nabors Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Finally, Zacks Research raised Nabors Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.57.

Read Our Latest Stock Report on NBR

About Nabors Industries

(Get Free Report)

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.

Further Reading

Earnings History for Nabors Industries (NYSE:NBR)

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