Atb Cap Markets Issues Negative Forecast for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Research analysts at Atb Cap Markets lowered their Q2 2025 earnings per share estimates for Nabors Industries in a research note issued to investors on Wednesday, April 30th. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will post earnings per share of ($2.23) for the quarter, down from their previous estimate of ($1.27). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Atb Cap Markets also issued estimates for Nabors Industries’ Q3 2025 earnings at ($1.73) EPS, Q4 2025 earnings at ($0.92) EPS, Q1 2026 earnings at ($1.54) EPS, Q2 2026 earnings at ($1.09) EPS, Q3 2026 earnings at ($0.74) EPS, Q4 2026 earnings at ($0.12) EPS, FY2026 earnings at ($3.48) EPS, Q1 2027 earnings at ($0.30) EPS and FY2027 earnings at $4.00 EPS.

Nabors Industries (NYSE:NBR) last announced its earnings results on Tuesday, April 29th. The oil and gas company reported ($7.50) earnings per share for the quarter, missing the consensus estimate of ($2.64) by ($4.86). Nabors Industries had a negative net margin of 5.93% and a negative return on equity of 32.96%. The firm had revenue of $742.78 million during the quarter, compared to analyst estimates of $706.49 million. During the same period in the previous year, the firm posted ($4.54) EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year.

Several other analysts have also recently commented on NBR. Barclays lowered their target price on shares of Nabors Industries from $90.00 to $53.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Morgan Stanley lowered their price objective on Nabors Industries from $115.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Susquehanna decreased their price target on Nabors Industries from $32.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, May 1st. Finally, Royal Bank of Canada lowered their price target on Nabors Industries from $47.00 to $45.00 and set a “sector perform” rating for the company in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Nabors Industries presently has an average rating of “Hold” and a consensus price target of $61.17.

Nabors Industries Stock Performance

NYSE:NBR opened at $26.30 on Monday. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.75 and a quick ratio of 1.52. The firm has a market cap of $252.59 million, a PE ratio of -1.18 and a beta of 1.96. The firm has a 50 day simple moving average of $35.31 and a 200-day simple moving average of $53.92. Nabors Industries has a 1-year low of $25.11 and a 1-year high of $105.96.

Hedge Funds Weigh In On Nabors Industries

Several hedge funds and other institutional investors have recently made changes to their positions in NBR. Miller Value Partners LLC increased its holdings in Nabors Industries by 99.5% in the 4th quarter. Miller Value Partners LLC now owns 281,195 shares of the oil and gas company’s stock valued at $16,076,000 after purchasing an additional 140,230 shares in the last quarter. Two Sigma Investments LP raised its holdings in shares of Nabors Industries by 300.7% during the 4th quarter. Two Sigma Investments LP now owns 90,686 shares of the oil and gas company’s stock valued at $5,185,000 after buying an additional 135,877 shares during the period. Balyasny Asset Management L.P. acquired a new position in Nabors Industries during the 4th quarter worth approximately $6,602,000. Millennium Management LLC boosted its holdings in Nabors Industries by 669.9% in the 4th quarter. Millennium Management LLC now owns 72,792 shares of the oil and gas company’s stock worth $4,162,000 after acquiring an additional 85,565 shares during the period. Finally, Barclays PLC grew its position in Nabors Industries by 74.6% in the fourth quarter. Barclays PLC now owns 196,108 shares of the oil and gas company’s stock valued at $11,211,000 after acquiring an additional 83,790 shares in the last quarter. Institutional investors and hedge funds own 81.92% of the company’s stock.

Nabors Industries Company Profile

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.