Zacks Research Analysts Boost Earnings Estimates for NBR

Nabors Industries Ltd. (NYSE:NBR) – Investment analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for shares of Nabors Industries in a research report issued on Wednesday, September 16th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of ($0.42) for the quarter, up from their previous forecast of ($0.45). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Nabors Industries’ current full-year earnings is ($3.69) per share. Zacks Research also issued estimates for Nabors Industries’ Q4 2026 earnings at $0.05 EPS, FY2026 earnings at ($3.95) EPS, Q1 2027 earnings at ($0.02) EPS, Q2 2027 earnings at ($0.17) EPS, Q4 2027 earnings at $1.32 EPS, FY2027 earnings at $0.28 EPS and Q2 2028 earnings at $1.80 EPS.

NBR has been the subject of a number of other reports. Piper Sandler reaffirmed an “overweight” rating and issued a $130.00 price objective (up from $120.00) on shares of Nabors Industries in a research report on Thursday, July 30th. Wall Street Zen downgraded Nabors Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Susquehanna reduced their target price on Nabors Industries from $105.00 to $85.00 and set a “neutral” rating for the company in a report on Wednesday, July 8th. Morgan Stanley set a $110.00 price target on Nabors Industries in a report on Thursday, August 20th. Finally, Weiss Ratings upgraded Nabors Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $102.57.

Nabors Industries Stock Performance

NYSE NBR opened at $86.67 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.89 and a quick ratio of 1.75. The company has a fifty day moving average price of $87.29 and a 200-day moving average price of $88.27. Nabors Industries has a 1 year low of $36.62 and a 1 year high of $112.90. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 6.45 and a beta of 1.00.

Nabors Industries (NYSE:NBR) last announced its quarterly earnings results on Tuesday, June 30th. The oil and gas company reported ($2.04) earnings per share (EPS) for the quarter. The company had revenue of $814.79 million for the quarter. Nabors Industries had a negative return on equity of 7.06% and a net margin of 7.64%.

Insider Buying and Selling

In related news, Director David Tudor sold 3,200 shares of Nabors Industries stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $92.30, for a total value of $295,360.00. Following the completion of the transaction, the director directly owned 5,264 shares in the company, valued at approximately $485,867.20. The trade was a 37.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 5.32% of the company’s stock.

Hedge Funds Weigh In On Nabors Industries

A number of large investors have recently made changes to their positions in NBR. Islay Capital Management LLC bought a new position in shares of Nabors Industries during the 4th quarter valued at approximately $26,000. IFP Advisors Inc lifted its holdings in shares of Nabors Industries by 106.6% in the second quarter. IFP Advisors Inc now owns 436 shares of the oil and gas company’s stock worth $37,000 after buying an additional 225 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 141 shares during the last quarter. Allworth Financial LP increased its holdings in Nabors Industries by 16.9% in the 2nd quarter. Allworth Financial LP now owns 1,134 shares of the oil and gas company’s stock valued at $95,000 after acquiring an additional 164 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in Nabors Industries in the 2nd quarter worth $101,000. 81.92% of the stock is owned by institutional investors.

Nabors Industries News Roundup

Here are the key news stories impacting Nabors Industries this week:

• Positive Sentiment: Zacks raised its FY2027 EPS forecast to $0.28 from a projected loss of $0.72, while increasing its FY2028 estimate to $6.12 from $5.74. The firm also lifted Q4 2027 EPS to $1.32 from $0.26 and Q2 2028 EPS to $1.80 from $1.50. These revisions point to stronger expected earnings momentum and could support the stock. Nabors Industries stock information
• Positive Sentiment: Nearer-term estimates also improved slightly: Zacks raised Q3 2026 EPS to $(0.42) from $(0.45), Q4 2026 EPS to $0.05 from $0.01, and FY2026 EPS to $(3.95) from $(4.02). The revisions indicate losses may be narrowing, although the company remains unprofitable for the year.
• Neutral Sentiment: Zacks continues to rate Nabors Industries “Hold,” indicating that the improved long-term outlook has not yet justified a bullish recommendation. The broader analyst consensus is also Hold. Nabors Industries analyst recommendation
• Negative Sentiment: Zacks cut its Q1 2027 EPS forecast to $(0.02) from $0.07, signaling continued earnings volatility before the anticipated recovery. Nabors’ projected FY2026 loss of $(3.95) also remains worse than the current consensus estimate of $(3.69).

About Nabors Industries

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land-based and offshore drilling services to exploration and production companies. The company operates a fleet of land drilling rigs, offshore platform rigs and other specialized drilling equipment, supporting customers throughout the well-construction process.

In addition to contract drilling, Nabors provides directional drilling, measurement-while-drilling, drilling optimization and other wellbore services.