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Nabors Industries (NBR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

NBR Stock Forecast

Nabors Industries (NBR) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $95.00, with a high of $115.00 and a low of $75.00. This represents a 61.37% increase from the last price of $58.87.

$55 $67 $79 $91 $103 $115 High: $115 Avg: $95 Low: $75 Last Closed Price: $58.87

NBR Stock Rating

Nabors Industries stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 1 Hold (20.00%), 1 Sell (20.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 1 1 3 Strong Sell Sell Hold Buy Strong Buy

NBR Price Target Upside V Benchmarks

TypeNameUpside
StockNabors Industries61.37%
SectorEnergy Stocks 24.15%
IndustryOil & Gas Drilling Stocks48.47%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$95.00
Last Closing Price$58.87$58.87$58.87
Upside/Downside--61.37%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 251-7-19
Jan, 251-7-19
Dec, 241-8-110
Nov, 247128-128
Oct, 2471282130
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 16, 2024Daniel KutzMorgan Stanley$115.00$62.6183.68%95.35%
Sep 12, 2024Scott GruberCitigroup$75.00$65.0915.23%27.40%
Jan 04, 2023Morgan Stanley$175.00$149.4617.09%197.27%
Apr 29, 2022RBC Capital$205.00$158.1929.59%248.22%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Sep 16, 2024Morgan StanleyOverweightOverweighthold
Sep 13, 2024CitigroupNeutralReducedowngrade
Sep 12, 2024CitigroupBuyNeutraldowngrade
Jul 10, 2024CitigroupBuyBuyhold
Oct 17, 2023Morgan StanleyUnderweightOverweightupgrade
Jul 19, 2023BenchmarkBuyupgrade
Feb 10, 2023BarclaysOverweightOverweighthold
Jan 10, 2023BarclaysOverweightupgrade
Jan 04, 2023Morgan StanleyUnderweightUnderweighthold
Apr 29, 2022RBC CapitalSector PerformSector Performhold

Financial Forecast

EPS Forecast

$-150 $-110 $-70 $-30 $10 $50 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-108.07$-71.49$-34.53$5.45----
Avg Forecast$-85.91$-64.29$-28.77$-10.79$-16.49$-2.93$1.56$0.54
High Forecast$-88.66$-66.35$-29.82$-11.04$-16.76$-6.05$1.30$0.53
Low Forecast$-82.91$-62.05$-28.19$-10.55$-16.23$1.58$1.82$0.55
Surprise %25.79%11.20%20.02%-150.51%----

Revenue Forecast

$2B $2B $3B $3B $4B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$2.13B$2.02B$2.65B$3.05B----
Avg Forecast$2.11B$2.02B$2.63B$3.03B$2.94B$3.26B$3.49B$3.29B
High Forecast$2.05B$1.96B$2.59B$3.01B$2.93B$3.21B$3.30B$3.26B
Low Forecast$2.16B$2.07B$2.71B$3.04B$2.96B$3.32B$3.67B$3.34B
Surprise %1.23%-0.07%0.76%0.82%----

Net Income Forecast

$-900M $-710M $-520M $-330M $-140M $50M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-762.85M$-543.71M$-307.22M$49.90M----
Avg Forecast$-729.04M$-517.87M$-429.06M$-50.25M$-151.09M$13.62M$14.28M$4.95M
High Forecast$-874.84M$-621.44M$-514.87M$-60.30M$-153.48M$-55.45M$11.89M$4.87M
Low Forecast$-583.23M$-414.29M$-343.25M$-40.20M$-148.70M$14.46M$16.67M$5.02M
Surprise %4.64%4.99%-28.40%-199.32%----

NBR Forecast FAQ

Is Nabors Industries stock a buy?

Nabors Industries stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 1 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Nabors Industries is a favorable investment for most analysts.

What is Nabors Industries's price target?

Nabors Industries's price target, set by 5 Wall Street analysts, averages $95 over the next 12 months. The price target range spans from $75 at the low end to $115 at the high end, suggesting a potential 61.37% change from the previous closing price of $58.87.

How does Nabors Industries stock forecast compare to its benchmarks?

Nabors Industries's stock forecast shows a 61.37% upside, outperforming the average forecast for the energy stocks sector (24.15%) and outperforming the oil & gas drilling stocks industry (48.47%).

What is the breakdown of analyst ratings for Nabors Industries over the past three months?

  • February 2025: 11.11% Strong Buy, 0% Buy, 77.78% Hold, 0% Sell, 11.11% Strong Sell.
  • January 2025: 11.11% Strong Buy, 0% Buy, 77.78% Hold, 0% Sell, 11.11% Strong Sell.
  • December 2024: 10.00% Strong Buy, 0% Buy, 80.00% Hold, 0% Sell, 10.00% Strong Sell.

What is Nabors Industries’s EPS forecast?

Nabors Industries's average annual EPS forecast for its fiscal year ending in December is $-16.49 for 2024, a -402.57% decrease from the reported $5.45 in 2023. The prediction for 2025 is $-2.93, $1.56 for 2026, and $0.54 for 2027.

What is Nabors Industries’s revenue forecast?

Nabors Industries's average annual revenue forecast for its fiscal year ending in December is $2.94B for 2024, a -3.73% decrease from the reported $3.05B in 2023. The forecast for 2025 is $3.26B, $3.49B for 2026, and $3.3B for 2027.

What is Nabors Industries’s net income forecast?

For its fiscal year ending in December, Nabors Industries's average annual net income forecast is $-151M for 2024, reflecting a -402.75% decrease from the reported $49.9M in 2023. The projection for 2025 is $13.62M, $14.28M for 2026, and $4.95M for 2027.