Zacks Research Brokers Increase Earnings Estimates for NBR

Nabors Industries Ltd. (NYSE:NBR) – Zacks Research raised their Q1 2026 earnings estimates for shares of Nabors Industries in a research report issued to clients and investors on Tuesday, March 24th. Zacks Research analyst Team now forecasts that the oil and gas company will earn ($2.42) per share for the quarter, up from their prior estimate of ($2.44). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2026 earnings at ($1.94) EPS, Q3 2026 earnings at ($1.63) EPS, Q4 2026 earnings at ($1.71) EPS, FY2026 earnings at ($7.70) EPS, Q1 2027 earnings at ($0.79) EPS, Q2 2027 earnings at ($1.36) EPS, Q3 2027 earnings at ($1.65) EPS, Q4 2027 earnings at ($0.62) EPS and FY2027 earnings at ($4.41) EPS.

Other analysts also recently issued reports about the company. Royal Bank Of Canada reiterated a “sector perform” rating and set a $77.00 price target (up from $70.00) on shares of Nabors Industries in a report on Friday, February 13th. Piper Sandler restated an “overweight” rating and set a $80.00 target price (up from $65.00) on shares of Nabors Industries in a research report on Tuesday, February 17th. UBS Group set a $70.00 target price on Nabors Industries in a research note on Friday, February 13th. Susquehanna reiterated a “neutral” rating and issued a $70.00 target price (up from $64.00) on shares of Nabors Industries in a report on Friday, February 13th. Finally, Barclays boosted their price target on Nabors Industries from $50.00 to $65.00 and gave the company an “underweight” rating in a research note on Wednesday, February 25th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Nabors Industries currently has an average rating of “Hold” and a consensus price target of $69.00.

Nabors Industries Trading Up 2.2%

NBR opened at $89.38 on Thursday. The stock has a market cap of $1.31 billion, a PE ratio of 5.42 and a beta of 0.89. The company has a quick ratio of 1.47, a current ratio of 1.56 and a debt-to-equity ratio of 2.22. Nabors Industries has a twelve month low of $23.27 and a twelve month high of $89.67. The company has a fifty day moving average of $73.60 and a 200-day moving average of $57.34.

Nabors Industries (NYSE:NBR) last issued its quarterly earnings results on Wednesday, February 11th. The oil and gas company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.93) by $3.10. Nabors Industries had a net margin of 8.92% and a negative return on equity of 17.63%. The firm had revenue of $805.13 million for the quarter, compared to the consensus estimate of $795.82 million. During the same quarter in the previous year, the company earned ($6.67) EPS. The company’s revenue for the quarter was up 9.0% on a year-over-year basis.

Hedge Funds Weigh In On Nabors Industries

A number of institutional investors and hedge funds have recently made changes to their positions in NBR. Islay Capital Management LLC bought a new stake in shares of Nabors Industries during the fourth quarter valued at approximately $26,000. Quarry LP purchased a new stake in Nabors Industries in the 4th quarter valued at $33,000. CWM LLC lifted its stake in Nabors Industries by 244.6% during the 3rd quarter. CWM LLC now owns 889 shares of the oil and gas company’s stock valued at $36,000 after acquiring an additional 631 shares in the last quarter. Ameritas Investment Partners Inc. lifted its stake in Nabors Industries by 58.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,444 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 533 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in Nabors Industries during the 4th quarter worth $40,000. Institutional investors own 81.92% of the company’s stock.

Trending Headlines about Nabors Industries

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

• Positive Sentiment: Zacks Research raised several near‑term and FY2026–FY2027 EPS forecasts across multiple quarters (small but consistent upward revisions), signaling improving profit trajectory expectations which can support further buyer interest.
• Positive Sentiment: Zacks ran a momentum‑stock piece highlighting NBR as a strong momentum candidate, which tends to attract short‑term and momentum traders. Nabors Industries (NBR) is a Great Momentum Stock: Should You Buy?
• Positive Sentiment: Coverage noting NBR reached a new one‑year high can create technical buying and FOMO flows as trend‑following funds and retail investors increase positions. Nabors Industries (NYSE:NBR) Hits New 1-Year High – Here’s Why
• Neutral Sentiment: Analysts’ consensus rating remains a “Hold,” which tempers bullish upgrades — suggests some investors may take profits or wait for clearer fundamental improvements rather than add aggressively. Nabors Industries Ltd. (NYSE:NBR) Receives Consensus Rating of “Hold” from Analysts
• Negative Sentiment: Despite the upward revisions, Zacks’ published forecasts still show negative EPS across FY2026 and FY2027 (improved but far from profitable), meaning valuation gains rely on future operational recovery — a risk that could cap longer‑term upside if results don’t continue to improve.

Nabors Industries Company Profile

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.