National Energy Services Reunited (NASDAQ:NESR) Price Target Raised to $28.00 at BTIG Research

National Energy Services Reunited (NASDAQ:NESR) had its target price lifted by BTIG Research from $16.00 to $28.00 in a report released on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also issued reports on the company. UBS Group raised National Energy Services Reunited to a “strong-buy” rating in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of National Energy Services Reunited from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. Bank of America assumed coverage on shares of National Energy Services Reunited in a research note on Friday, January 9th. They issued a “buy” rating for the company. Weiss Ratings restated a “hold (c)” rating on shares of National Energy Services Reunited in a research note on Monday, December 29th. Finally, Maxim Group set a $30.00 price objective on shares of National Energy Services Reunited in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.71.

National Energy Services Reunited Trading Up 16.0%

NASDAQ:NESR opened at $24.17 on Tuesday. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 0.60 and a beta of 0.25. National Energy Services Reunited has a 52 week low of $5.20 and a 52 week high of $24.30. The company has a quick ratio of 0.92, a current ratio of 1.10 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average of $17.86 and a 200 day moving average of $13.36.

National Energy Services Reunited (NASDAQ:NESR) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.07. National Energy Services Reunited had a net margin of 5.53% and a return on equity of 8.24%. The business had revenue of $398.26 million for the quarter. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that National Energy Services Reunited will post 1.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NESR. Citadel Advisors LLC acquired a new stake in shares of National Energy Services Reunited during the 3rd quarter worth approximately $22,722,000. Dodge & Cox boosted its holdings in National Energy Services Reunited by 201.6% during the second quarter. Dodge & Cox now owns 2,136,794 shares of the company’s stock worth $12,864,000 after buying an additional 1,428,200 shares in the last quarter. Boston Partners grew its position in National Energy Services Reunited by 155.6% during the fourth quarter. Boston Partners now owns 1,953,328 shares of the company’s stock valued at $30,594,000 after buying an additional 1,189,035 shares during the period. Geode Capital Management LLC increased its holdings in National Energy Services Reunited by 2,227.2% in the second quarter. Geode Capital Management LLC now owns 815,209 shares of the company’s stock valued at $4,908,000 after buying an additional 780,180 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in shares of National Energy Services Reunited in the fourth quarter worth about $12,208,000. 15.55% of the stock is owned by institutional investors and hedge funds.

More National Energy Services Reunited News

Here are the key news stories impacting National Energy Services Reunited this week:

• Positive Sentiment: Q4 results beat consensus: NESR reported EPS $0.32 vs. consensus ~$0.25 and revenue $398.3M (up 15.9% YoY). Adjusted EBITDA and adjusted EPS improved sequentially, and operating/free cash flow were strong—signals of underlying margin and cash generation improvement. AccessWire: Q4 results
• Positive Sentiment: Company gives explicit growth plan: NESR outlined a path to a $2B revenue run‑rate by end‑2026 while expanding its Middle East & North Africa contract base — a concrete target that supports higher revenue expectations. MSN: $2B revenue run‑rate plan
• Positive Sentiment: Analyst upgrade/price target lift: BTIG raised its price target from $16 to $28 and kept a buy rating — adds third‑party validation and likely attracted buying. Benzinga: BTIG PT raise
• Positive Sentiment: Earnings call and highlights emphasized record revenue and contract wins in MENA, reinforcing the company’s growth narrative. Yahoo Finance: Earnings highlights
• Neutral Sentiment: Full earnings call transcript is available for investors who want management’s tone and detail on backlog, margins and capital allocation. Useful for due diligence but not new alone. Seeking Alpha: Call transcript
• Neutral Sentiment: Previews/forecasts for the quarter were circulated ahead of results; these are background context for estimates and guidance, not new catalysts. Yahoo: Earnings preview
• Negative Sentiment: GAAP net income and diluted EPS fell YoY and sequentially (net income $7.8M; diluted EPS $0.08) — a reminder that GAAP profitability remains volatile and investors should watch sustainability of adjusted metrics. AccessWire: GAAP results detail

About National Energy Services Reunited

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.