Atb Cap Markets Has Optimistic Outlook of NBR Q3 Earnings

Key Points

• Atb Cap Markets raised their Q3 2025 earnings per share (EPS) estimate for Nabors Industries from ($2.01) to ($1.89), indicating a more favorable outlook than previously expected.
• Despite a recent earnings miss, Nabors Industries reported a **12.1% increase** in revenue year-over-year, totaling $832.79 million for the quarter.
• Current analyst ratings for Nabors Industries show a consensus of **"Hold"** with an average price target of **$41.63**, reflecting mixed opinions among analysts.

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Equities researchers at Atb Cap Markets boosted their Q3 2025 earnings estimates for shares of Nabors Industries in a research report issued on Wednesday, July 30th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will earn ($1.89) per share for the quarter, up from their prior estimate of ($2.01). The consensus estimate for Nabors Industries' current full-year earnings is ($6.22) per share. Atb Cap Markets also issued estimates for Nabors Industries' Q1 2026 earnings at ($1.92) EPS, Q2 2026 earnings at ($1.32) EPS, Q3 2026 earnings at ($0.86) EPS, Q4 2026 earnings at ($0.21) EPS, FY2026 earnings at ($4.30) EPS, Q1 2027 earnings at ($0.26) EPS, Q2 2027 earnings at $1.29 EPS and FY2027 earnings at $5.49 EPS.

Nabors Industries (NYSE:NBR - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The oil and gas company reported ($2.71) earnings per share for the quarter, missing the consensus estimate of ($2.05) by ($0.66). Nabors Industries had a negative net margin of 3.51% and a negative return on equity of 35.99%. The firm had revenue of $832.79 million for the quarter, compared to analyst estimates of $857.98 million. During the same period last year, the business earned ($4.29) EPS. The company's revenue was up 12.1% compared to the same quarter last year.

NBR has been the topic of several other reports. Piper Sandler began coverage on shares of Nabors Industries in a research note on Monday, July 14th. They set an "underweight" rating and a $30.00 target price on the stock. Barclays reiterated an "underweight" rating and issued a $28.00 target price (down from $53.00) on shares of Nabors Industries in a report on Monday, May 19th. Royal Bank Of Canada cut their price target on Nabors Industries from $47.00 to $45.00 and set a "sector perform" rating for the company in a research note on Thursday, May 1st. Citigroup lowered their price objective on Nabors Industries from $50.00 to $38.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Finally, JPMorgan Chase & Co. decreased their price target on Nabors Industries from $38.00 to $25.00 and set an "underweight" rating for the company in a report on Wednesday, May 28th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, Nabors Industries presently has an average rating of "Hold" and a consensus target price of $41.63.

Nabors Industries Trading Down 0.2%

NYSE:NBR traded down $0.08 on Monday, reaching $33.52. 209,525 shares of the stock traded hands, compared to its average volume of 456,637. The company has a current ratio of 1.79, a quick ratio of 1.62 and a debt-to-equity ratio of 4.17. Nabors Industries has a 1-year low of $23.27 and a 1-year high of $87.46. The company's 50 day moving average is $31.75 and its 200-day moving average is $36.84. The firm has a market capitalization of $527.50 million, a price-to-earnings ratio of -2.39 and a beta of 1.52.

Institutional Investors Weigh In On Nabors Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Brigade Capital Management LP bought a new position in Nabors Industries during the first quarter valued at approximately $37,653,000. Vanguard Group Inc. boosted its stake in shares of Nabors Industries by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 696,155 shares of the oil and gas company's stock worth $39,799,000 after buying an additional 18,017 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its holdings in shares of Nabors Industries by 445.5% in the first quarter. Adage Capital Partners GP L.L.C. now owns 600,000 shares of the oil and gas company's stock worth $25,026,000 after acquiring an additional 490,000 shares during the period. Apollo Management Holdings L.P. grew its holdings in shares of Nabors Industries by 26.2% in the first quarter. Apollo Management Holdings L.P. now owns 421,836 shares of the oil and gas company's stock worth $17,595,000 after acquiring an additional 87,552 shares during the period. Finally, American Century Companies Inc. lifted its holdings in Nabors Industries by 4.7% in the first quarter. American Century Companies Inc. now owns 299,206 shares of the oil and gas company's stock valued at $12,480,000 after acquiring an additional 13,391 shares during the period. 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.