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Home โบ Stocks โบ Nabors Industries Ltd. (NBR) Stock Forecast & Price Prediction Bermuda | NYSE | Energy | Oil & Gas Drilling
$29.83
+0.27 (0.91%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 19 Wall Street analysts, NBR has a neutral consensus with a median price target of $50.00 (ranging from $32.00 to $75.00). The overall analyst rating is Buy (6.0/10). Currently trading at $29.83, the median forecast implies a 67.6% upside. This outlook is supported by 1 Buy, 6 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Daniel Kutz at Morgan Stanley, projecting a 151.4% upside. Conversely, the most conservative target is provided by Charles Minervino at Susquehanna, suggesting a 7.3% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for NBR.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 14, 2025 | Susquehanna | Charles Minervino | Neutral | Maintains | $32.00 |
Mar 27, 2025 | Morgan Stanley | Daniel Kutz | Overweight | Maintains | $75.00 |
Mar 13, 2025 | Susquehanna | Charles Minervino | Neutral | Maintains | $45.00 |
Feb 19, 2025 | Barclays | David Anderson | Equal-Weight | Maintains | $53.00 |
Oct 31, 2024 | Citigroup | Scott Gruber | Neutral | Maintains | $80.00 |
Oct 24, 2024 | Susquehanna | Charles Minervino | Neutral | Maintains | $77.00 |
Oct 24, 2024 | Evercore ISI Group | Jason Bandel | In-Line | Maintains | $85.00 |
Oct 16, 2024 | RBC Capital | Keith Mackey | Sector Perform | Reiterates | $102.00 |
Oct 16, 2024 | Barclays | David Anderson | Equal-Weight | Maintains | $88.00 |
Sep 13, 2024 | Citigroup | Scott Gruber | Neutral | Downgrade | $75.00 |
Jul 25, 2024 | RBC Capital | Keith Mackey | Sector Perform | Reiterates | $114.00 |
Jul 11, 2024 | Citigroup | Buy | Maintains | $0.00 | |
Jul 10, 2024 | Citigroup | Scott Gruber | Buy | Maintains | $91.00 |
Apr 26, 2024 | Susquehanna | Charles Minervino | Neutral | Maintains | $79.00 |
Apr 25, 2024 | Benchmark | Kurt Hallead | Hold | Reiterates | $0.00 |
Apr 8, 2024 | Susquehanna | Charles Minervino | Neutral | Maintains | $88.00 |
Feb 13, 2024 | Susquehanna | Charles Minervino | Neutral | Reiterates | $88.00 |
Feb 12, 2024 | Morgan Stanley | Daniel Kutz | Overweight | Maintains | $150.00 |
Jan 16, 2024 | Benchmark | Kurt Hallead | Hold | Downgrade | $0.00 |
Oct 30, 2023 | Morgan Stanley | Daniel Kutz | Overweight | Maintains | $165.00 |
The following stocks are similar to Nabors Industries based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Nabors Industries Ltd. has a market capitalization of $433.59M with a P/E ratio of -1.3x. The company generates $2.93B in trailing twelve-month revenue with a -6.0% profit margin.
Revenue growth is +0.6% quarter-over-quarter, while maintaining an operating margin of +8.8% and return on equity of -7.1%.
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Provides drilling and rig services for oil and gas.
Nabors Industries earns revenue by supplying and operating land-based drilling rigs for the oil and gas industry. Its business model is centered around offering integrated solutions that enhance operational efficiency and adhere to environmental standards, leveraging advanced drilling technology to meet market demands.
The company operates in key energy-producing regions including North America, the Middle East, and South America, playing a critical role in global energy production. Nabors Industries is noted for its innovative technology and extensive operational experience, which positions it as a significant player in the machinery and equipment sector of the energy industry.
Energy
Oil & Gas Drilling
12,400
Mr. Anthony G. Petrello J.D.
Bermuda
1991
Nabors (NBR) lacks the necessary factors for a potential earnings beat in its upcoming report. Investors should prepare for key expectations.
Nabors may underperform in its upcoming earnings report, signaling potential declines in stock value and affecting investor sentiment and decisions.
Nabors Industries Ltd. (NYSE: NBR) announced an invitation for an event featuring Anthony G., scheduled for April 14, 2025, in Hamilton, Bermuda.
The announcement from Nabors Industries may indicate upcoming developments or strategic initiatives that could impact the company's stock performance and investor sentiment.
Nabors (NBR) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects.
Nabors' upgrade to Zacks Rank #2 indicates positive earnings momentum, suggesting potential stock price appreciation and increased investor confidence.
HAL and Nabors have launched their first automated drilling solutions in Oman, enhancing operational efficiency and penetration rates while reducing non-productive time.
HAL and Nabors' automated drilling solutions enhance efficiency and reduce costs, potentially boosting profitability and competitiveness in the energy sector, influencing investor sentiment positively.
Halliburton and Nabors Industries successfully completed the first fully automated drilling operations in Oman, enhancing efficiency and decision-making with their integrated digital solutions.
The successful automation of drilling operations by Halliburton and Nabors enhances operational efficiency, potentially reducing costs and increasing profitability, which could positively impact stock performance.
Oversold stocks in the energy sector are currently seen as potential buying opportunities for investors seeking undervalued companies.
Oversold stocks in the energy sector indicate potential undervaluation, creating buying opportunities that could lead to future gains as market corrections occur.
Based on our analysis of 19 Wall Street analysts, Nabors Industries Ltd. (NBR) has a median price target of $50.00. The highest price target is $75.00 and the lowest is $32.00.
According to current analyst ratings, NBR has 1 Buy ratings, 6 Hold ratings, and 1 Sell ratings. The stock is currently trading at $29.83. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict NBR stock could reach $50.00 in the next 12 months. This represents a 67.6% increase from the current price of $29.83. Please note that this is a projection by Wall Street analysts and not a guarantee.
Nabors Industries earns revenue by supplying and operating land-based drilling rigs for the oil and gas industry. Its business model is centered around offering integrated solutions that enhance operational efficiency and adhere to environmental standards, leveraging advanced drilling technology to meet market demands.
The highest price target for NBR is $75.00 from Daniel Kutz at Morgan Stanley, which represents a 151.4% increase from the current price of $29.83.
The lowest price target for NBR is $32.00 from Charles Minervino at Susquehanna, which represents a 7.3% increase from the current price of $29.83.
The overall analyst consensus for NBR is neutral. Out of 19 Wall Street analysts, 1 rate it as Buy, 6 as Hold, and 1 as Sell, with a median price target of $50.00.
Stock price projections, including those for Nabors Industries Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.