Q2 EPS Estimate for Nabors Industries Boosted by Analyst

Nabors Industries Ltd. (NYSE:NBR) – Analysts at Zacks Research raised their Q2 2026 earnings per share estimates for shares of Nabors Industries in a research note issued to investors on Thursday, July 16th. Zacks Research analyst Team now expects that the oil and gas company will post earnings per share of ($1.57) for the quarter, up from their prior forecast of ($1.59). Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Nabors Industries’ current full-year earnings is ($2.96) per share. Zacks Research also issued estimates for Nabors Industries’ Q3 2026 earnings at ($0.51) EPS, Q4 2026 earnings at ($0.66) EPS, FY2026 earnings at ($4.28) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($0.55) EPS, Q3 2027 earnings at ($0.82) EPS, Q4 2027 earnings at $0.10 EPS and FY2027 earnings at ($1.37) EPS.

Several other equities research analysts also recently commented on the stock. Susquehanna reduced their price target on shares of Nabors Industries from $105.00 to $85.00 and set a “neutral” rating for the company in a research report on Wednesday, July 8th. Barclays upgraded shares of Nabors Industries from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $65.00 to $99.00 in a research report on Thursday, May 7th. Weiss Ratings downgraded shares of Nabors Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Piper Sandler increased their target price on Nabors Industries from $84.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada raised their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $100.57.

Nabors Industries Stock Performance

Nabors Industries stock opened at $84.91 on Monday. The firm’s 50 day simple moving average is $91.45 and its 200-day simple moving average is $82.09. The company has a market cap of $1.26 billion, a P/E ratio of 6.65 and a beta of 0.96. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.97 and a quick ratio of 1.82. Nabors Industries has a fifty-two week low of $30.15 and a fifty-two week high of $112.90.

Nabors Industries (NYSE:NBR) last posted its quarterly earnings data on Tuesday, April 28th. The oil and gas company reported ($1.54) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.49) by $0.95. Nabors Industries had a negative return on equity of 8.66% and a net margin of 7.32%.The firm had revenue of $783.55 million for the quarter, compared to the consensus estimate of $769.33 million. During the same quarter in the previous year, the company earned $2.18 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year.

Institutional Trading of Nabors Industries

Several institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in Nabors Industries by 29.3% during the first quarter. EverSource Wealth Advisors LLC now owns 622 shares of the oil and gas company’s stock worth $54,000 after purchasing an additional 141 shares during the period. Kestra Advisory Services LLC raised its position in shares of Nabors Industries by 0.7% in the first quarter. Kestra Advisory Services LLC now owns 24,937 shares of the oil and gas company’s stock valued at $2,146,000 after purchasing an additional 168 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Nabors Industries by 2.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 8,634 shares of the oil and gas company’s stock worth $469,000 after buying an additional 173 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Nabors Industries by 23.0% in the third quarter. Public Employees Retirement System of Ohio now owns 1,545 shares of the oil and gas company’s stock worth $63,000 after buying an additional 289 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in shares of Nabors Industries by 24.1% during the 4th quarter. Quadrant Capital Group LLC now owns 1,754 shares of the oil and gas company’s stock worth $95,000 after buying an additional 341 shares during the period. 81.92% of the stock is currently owned by institutional investors and hedge funds.

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.