National Energy Services Reunited (NESR) Expected to Announce Quarterly Earnings on Monday

Key Points

• NESR will report Q1 2026 results before the market opens on Monday, May 11 (8:00 AM ET), with analysts forecasting earnings of $0.21 per share and revenue of about $370.87 million.
• In the prior quarter the company beat expectations, posting $0.32 EPS versus a $0.25 consensus and $398.26 million in revenue (up 15.9% year-over-year), and analysts model roughly $2.00 EPS for the current and next fiscal years.
• Shares trade with a market cap of about $2.35 billion and a P/E of 44.06, and Wall Street consensus is a “Moderate Buy” with a $25.86 average price target amid recent analyst upgrades and increased institutional buying.

National Energy Services Reunited (NASDAQ:NESR - Get Free Report) is expected to be issuing its Q1 2026 results before the market opens on Monday, May 11th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $370.8740 million for the quarter. Parties are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Monday, May 11, 2026 at 8:00 AM ET.

National Energy Services Reunited (NASDAQ:NESR - Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.07. The firm had revenue of $398.26 million for the quarter. National Energy Services Reunited had a return on equity of 8.50% and a net margin of 3.86%.The company's revenue was up 15.9% compared to the same quarter last year. On average, analysts expect National Energy Services Reunited to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

National Energy Services Reunited Stock Performance

National Energy Services Reunited stock opened at $23.35 on Friday. The stock's 50-day moving average is $22.70 and its 200-day moving average is $18.65. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 44.06, a price-to-earnings-growth ratio of 0.38 and a beta of 0.38. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.04 and a quick ratio of 0.89. National Energy Services Reunited has a 12 month low of $5.47 and a 12 month high of $26.85.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. UBS Group raised their price objective on National Energy Services Reunited to $31.00 and gave the stock a "buy" rating in a report on Thursday, February 19th. National Bank Financial set a $21.00 price objective on National Energy Services Reunited in a report on Friday, January 9th. Bank of America assumed coverage on National Energy Services Reunited in a report on Friday, January 9th. They issued a "buy" rating on the stock. Zacks Research downgraded National Energy Services Reunited from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Finally, Barclays upgraded National Energy Services Reunited from an "overweight" rating to a "positive" rating in a report on Thursday. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $25.86.

Institutional Investors Weigh In On National Energy Services Reunited

Several hedge funds have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. purchased a new stake in shares of National Energy Services Reunited during the 4th quarter valued at about $8,496,000. Invesco Ltd. raised its holdings in shares of National Energy Services Reunited by 135.2% during the 4th quarter. Invesco Ltd. now owns 174,582 shares of the company's stock valued at $2,734,000 after buying an additional 100,357 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of National Energy Services Reunited by 4.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,092 shares of the company's stock valued at $174,000 after buying an additional 501 shares during the period. VARCOV Co. purchased a new stake in shares of National Energy Services Reunited during the 4th quarter valued at about $398,000. Finally, SummitTX Capital L.P. purchased a new stake in shares of National Energy Services Reunited during the 4th quarter valued at about $7,598,000. 15.55% of the stock is currently owned by hedge funds and other institutional investors.

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.

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