Research Analysts Set Expectations for NBR Q1 Earnings

Nabors Industries Ltd. (NYSE:NBR) – Analysts at Zacks Research decreased their Q1 2025 earnings estimates for shares of Nabors Industries in a research note issued to investors on Wednesday, April 2nd. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of ($2.81) per share for the quarter, down from their prior estimate of ($2.53). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2025 earnings at ($1.10) EPS, Q3 2025 earnings at ($0.37) EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($4.28) EPS, Q1 2026 earnings at ($1.36) EPS, Q2 2026 earnings at ($0.76) EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $3.34 EPS, FY2026 earnings at $3.41 EPS, Q1 2027 earnings at ($0.28) EPS and FY2027 earnings at $7.65 EPS.

Other analysts have also issued research reports about the company. Morgan Stanley reduced their target price on Nabors Industries from $115.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Barclays reduced their price target on shares of Nabors Industries from $90.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 19th. Finally, Susquehanna lowered their price objective on shares of Nabors Industries from $53.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Nabors Industries presently has a consensus rating of “Hold” and a consensus target price of $73.33.

Nabors Industries Price Performance

Shares of NBR stock opened at $29.05 on Monday. The stock has a 50 day moving average price of $45.78 and a 200 day moving average price of $60.85. Nabors Industries has a 52-week low of $28.07 and a 52-week high of $105.96. The company has a debt-to-equity ratio of 5.95, a quick ratio of 1.52 and a current ratio of 1.75. The firm has a market capitalization of $279.03 million, a P/E ratio of -1.30 and a beta of 1.49.

Nabors Industries (NYSE:NBR) last announced its earnings results on Wednesday, February 12th. The oil and gas company reported ($6.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.86) by ($4.81). Nabors Industries had a negative net margin of 5.93% and a negative return on equity of 32.96%.

Hedge Funds Weigh In On Nabors Industries

Several institutional investors have recently made changes to their positions in NBR. Public Employees Retirement System of Ohio bought a new position in Nabors Industries during the 4th quarter worth about $36,000. US Bancorp DE lifted its position in shares of Nabors Industries by 234.9% in the 4th quarter. US Bancorp DE now owns 720 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 505 shares during the period. R Squared Ltd bought a new position in shares of Nabors Industries during the fourth quarter valued at approximately $70,000. KLP Kapitalforvaltning AS purchased a new position in Nabors Industries during the fourth quarter valued at approximately $97,000. Finally, Wellington Management Group LLP bought a new position in Nabors Industries in the third quarter worth approximately $220,000. Hedge funds and other institutional investors own 81.92% of the company’s stock.

About Nabors Industries

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software.