Q2 EPS Forecast for Nabors Industries Lowered by Analyst

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for Nabors Industries in a research note issued to investors on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the oil and gas company will earn ($1.48) per share for the quarter, down from their prior estimate of ($1.46). The consensus estimate for Nabors Industries' current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries' Q3 2025 earnings at ($1.21) EPS, Q4 2025 earnings at ($0.86) EPS, Q1 2026 earnings at ($1.15) EPS, Q2 2026 earnings at ($0.58) EPS, Q3 2026 earnings at ($0.17) EPS, Q4 2026 earnings at ($0.72) EPS, FY2026 earnings at ($2.61) EPS and Q1 2027 earnings at $0.92 EPS.

Nabors Industries (NYSE:NBR - Get Free Report) last issued its earnings results on Tuesday, April 29th. The oil and gas company reported ($7.50) earnings per share for the quarter, missing analysts' consensus estimates of ($2.64) by ($4.86). The firm had revenue of $742.78 million for the quarter, compared to the consensus estimate of $706.49 million. Nabors Industries had a negative net margin of 5.93% and a negative return on equity of 32.96%. The company's revenue for the quarter was up .3% on a year-over-year basis. During the same period last year, the firm earned ($4.54) earnings per share.

Other analysts also recently issued research reports about the company. Morgan Stanley dropped their price target on Nabors Industries from $75.00 to $50.00 and set an "overweight" rating on the stock in a research note on Friday, May 16th. JPMorgan Chase & Co. reduced their target price on Nabors Industries from $38.00 to $25.00 and set an "underweight" rating for the company in a report on Wednesday, May 28th. Citigroup reduced their target price on Nabors Industries from $50.00 to $38.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Barclays reissued an "underweight" rating and set a $28.00 target price (down previously from $53.00) on shares of Nabors Industries in a report on Monday, May 19th. Finally, 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 report on Thursday, May 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, Nabors Industries presently has an average rating of "Hold" and a consensus target price of $42.86.

Nabors Industries Stock Performance

Nabors Industries stock traded down $0.39 during trading hours on Friday, hitting $34.50. 455,133 shares of the stock traded hands, compared to its average volume of 384,148. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.75 and a quick ratio of 1.52. The firm's 50 day moving average price is $29.08 and its 200-day moving average price is $44.22. The stock has a market capitalization of $541.62 million, a price-to-earnings ratio of -1.54 and a beta of 1.52. Nabors Industries has a 1 year low of $23.27 and a 1 year high of $105.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Inspire Investing LLC boosted its position in shares of Nabors Industries by 19.3% during the first quarter. Inspire Investing LLC now owns 8,279 shares of the oil and gas company's stock worth $345,000 after buying an additional 1,337 shares during the period. Invst LLC purchased a new position in shares of Nabors Industries during the first quarter worth $721,000. Strs Ohio purchased a new position in shares of Nabors Industries during the first quarter worth $259,000. Dynamic Technology Lab Private Ltd boosted its position in shares of Nabors Industries by 11.5% during the first quarter. Dynamic Technology Lab Private Ltd now owns 5,540 shares of the oil and gas company's stock worth $231,000 after buying an additional 570 shares during the period. Finally, Petrus Trust Company LTA purchased a new position in shares of Nabors Industries during the first quarter worth $461,000. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

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.