Zacks Research Issues Negative Estimate for NBR Earnings

Key Points

• Analysts at Zacks Research have lowered their Q3 2025 earnings estimate for Nabors Industries to ($2.33) per share, reflecting a more pessimistic outlook than their previous estimate of ($2.22).
• In its most recent quarterly earnings report, Nabors Industries missed analysts' expectations by reporting ($2.71) EPS for the quarter versus the consensus estimate of ($2.05).
• Despite challenges, some analysts have raised price targets for Nabors Industries, with a new target of $39.00 from Susquehanna and $47.00 from Royal Bank of Canada.

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Analysts at Zacks Research cut their Q3 2025 earnings per share estimates for shares of Nabors Industries in a research note issued on Tuesday, October 7th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of ($2.33) per share for the quarter, down from their prior estimate of ($2.22). The consensus estimate for Nabors Industries' current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries' Q4 2025 earnings at ($2.13) EPS, FY2025 earnings at ($14.67) EPS, Q1 2026 earnings at ($2.19) EPS, Q2 2026 earnings at ($1.78) EPS, Q3 2026 earnings at ($1.77) EPS, Q4 2026 earnings at ($1.80) EPS, FY2026 earnings at ($7.54) EPS, Q1 2027 earnings at ($0.49) EPS, Q2 2027 earnings at ($1.33) EPS, Q3 2027 earnings at ($0.23) EPS and FY2027 earnings at ($2.21) EPS.

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

A number of other research analysts also recently issued reports on the company. Susquehanna boosted their price objective on Nabors Industries from $37.00 to $39.00 and gave the company a "neutral" rating in a research note on Wednesday, August 27th. Barclays reaffirmed an "underweight" rating and set a $36.00 price target (up from $29.00) on shares of Nabors Industries in a research note on Monday, September 22nd. Royal Bank Of Canada upped their price target on Nabors Industries from $45.00 to $47.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 21st. Weiss Ratings reissued a "sell (e+)" rating on shares of Nabors Industries in a research note on Saturday, September 27th. Finally, Piper Sandler reissued an "underweight" rating and issued a $32.00 price objective (up from $30.00) on shares of Nabors Industries in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $44.00.

Nabors Industries Trading Down 1.5%

NYSE NBR opened at $43.14 on Thursday. The business's 50-day moving average price is $37.79 and its two-hundred day moving average price is $33.50. Nabors Industries has a 12 month low of $23.27 and a 12 month high of $86.10. The firm has a market capitalization of $679.02 million, a PE ratio of -3.07 and a beta of 1.46. The company has a current ratio of 1.79, a quick ratio of 1.63 and a debt-to-equity ratio of 4.17.

Institutional Trading of Nabors Industries

Large investors have recently modified their holdings of the business. GAMMA Investing LLC grew its stake in shares of Nabors Industries by 520.2% in the first quarter. GAMMA Investing LLC now owns 1,073 shares of the oil and gas company's stock worth $45,000 after purchasing an additional 900 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Nabors Industries in the first quarter worth about $2,676,000. Readystate Asset Management LP grew its stake in shares of Nabors Industries by 78.2% in the first quarter. Readystate Asset Management LP now owns 40,505 shares of the oil and gas company's stock worth $1,689,000 after purchasing an additional 17,780 shares during the last quarter. Apollo Management Holdings L.P. boosted its position in Nabors Industries by 26.2% during the 1st quarter. Apollo Management Holdings L.P. now owns 421,836 shares of the oil and gas company's stock valued at $17,595,000 after acquiring an additional 87,552 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Nabors Industries by 178.7% during the 1st quarter. SG Americas Securities LLC now owns 6,666 shares of the oil and gas company's stock valued at $278,000 after acquiring an additional 4,274 shares in the last quarter. 81.92% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Nabors Industries news, major shareholder Varde Partners Inc sold 312,378 shares of the firm's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $41.04, for a total transaction of $12,819,993.12. Following the sale, the insider owned 1,406,052 shares in the company, valued at $57,704,374.08. This trade represents a 18.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.41% of the stock is owned by insiders.

Nabors Industries Company Profile

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.

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