Nabors Industries (NBR) Projected to Post Quarterly Earnings on Tuesday

Nabors Industries (NYSE:NBR) is projected to issue its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect the company to announce earnings of ($2.2521) per share and revenue of $772.3750 million for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 11:00 AM ET.

Nabors Industries (NYSE:NBR) last issued its quarterly earnings data on Wednesday, February 11th. The oil and gas company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of ($2.93) by $3.10. The business had revenue of $797.53 million for the quarter, compared to analyst estimates of $795.82 million. Nabors Industries had a net margin of 8.92% and a negative return on equity of 17.63%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period last year, the business posted ($6.67) earnings per share. On average, analysts expect Nabors Industries to post $-6 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Nabors Industries Trading Up 1.4%

NBR opened at $89.74 on Friday. The stock has a market capitalization of $1.43 billion, a P/E ratio of 5.44 and a beta of 0.87. The company has a current ratio of 1.56, a quick ratio of 1.47 and a debt-to-equity ratio of 2.22. Nabors Industries has a 12 month low of $23.27 and a 12 month high of $92.38. The firm’s fifty day simple moving average is $80.61 and its 200 day simple moving average is $63.63.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on NBR. Morgan Stanley restated an “overweight” rating and issued a $100.00 price target (up from $80.00) on shares of Nabors Industries in a report on Wednesday, April 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Nabors Industries in a report on Monday, December 29th. Barclays lifted their target price on Nabors Industries from $50.00 to $65.00 and gave the company an “underweight” rating in a research report on Wednesday, February 25th. Wall Street Zen cut Nabors Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, UBS Group set a $70.00 price target on shares of Nabors Industries in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $74.38.

Key Stories Impacting Nabors Industries

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

• Positive Sentiment: Zacks Research raised EPS forecasts across multiple quarters and fiscal years, trimming expected losses for FY2026–FY2027 and boosting FY2028 to a positive $2.14 — suggesting a meaningful recovery trajectory that likely drove buying interest.
• Positive Sentiment: Zacks specifically increased Q2 2026, Q3 2026, Q4 2026 and several 2027 quarter estimates (examples: Q2 2026 from ($1.94) to ($1.73); Q1 2027 from ($0.79) to ($0.70); Q3 2027 from ($1.65) to ($1.56)), implying improving operating outlook across drilling and services.
• Positive Sentiment: An analyst note flagged a higher Q1 EPS forecast for Nabors, reinforcing the upward revisions and near‑term beat expectations. Q1 EPS Forecast for Nabors Industries Boosted by Analyst
• Neutral Sentiment: While estimates were raised, consensus still projects negative full‑year earnings for the near term (current consensus cited around ($6.09) per share), so the upgrades reflect improvement from deeper losses rather than an immediate return to sustained profitability.
• Negative Sentiment: Underlying fundamentals still warrant caution: prior quarters showed volatile results and the company carries leverage (debt/equity metrics cited elsewhere), so upgraded forecasts could be contingent on commodity and activity cycles — downside remains if those assumptions weaken.

Institutional Trading of Nabors Industries

A number of hedge funds and other institutional investors have recently modified their holdings of NBR. Quarry LP bought a new stake in Nabors Industries during the fourth quarter worth about $33,000. Aster Capital Management DIFC Ltd bought a new position in Nabors Industries in the fourth quarter valued at approximately $40,000. State of Wyoming increased its position in shares of Nabors Industries by 106.3% during the 4th quarter. State of Wyoming now owns 1,314 shares of the oil and gas company’s stock worth $71,000 after purchasing an additional 677 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Nabors Industries by 23.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,545 shares of the oil and gas company’s stock worth $63,000 after purchasing an additional 289 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its stake in shares of Nabors Industries by 24.1% during the 4th quarter. Quadrant Capital Group LLC now owns 1,754 shares of the oil and gas company’s stock worth $95,000 after purchasing an additional 341 shares in the last quarter. Institutional investors and hedge funds own 81.92% of the company’s stock.

About Nabors Industries

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.