Q2 EPS Forecast for Nabors Industries Reduced by Analyst

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Equities researchers at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for Nabors Industries in a research report issued to clients and investors on Wednesday, June 4th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings of ($1.46) per share for the quarter, down from their prior forecast of ($0.98). 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 ($1.06) EPS, Q4 2025 earnings at ($0.75) EPS, Q1 2026 earnings at ($1.09) EPS, Q2 2026 earnings at ($0.52) EPS, Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.33) EPS, FY2026 earnings at ($2.03) EPS, Q1 2027 earnings at $0.74 EPS and FY2027 earnings at $4.25 EPS.

NBR has been the subject of several other reports. Royal Bank of Canada lowered their price objective on shares of 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. JPMorgan Chase & Co. lowered their price target on Nabors Industries from $38.00 to $25.00 and set an "underweight" rating for the company in a research report on Wednesday, May 28th. Citigroup dropped their price target 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. Susquehanna reduced their price objective on Nabors Industries from $32.00 to $29.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Finally, Morgan Stanley dropped their target price on shares of Nabors Industries from $75.00 to $50.00 and set an "overweight" rating for the company in a research report on Friday, May 16th. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $42.86.

Nabors Industries Trading Down 2.2%

Nabors Industries stock traded down $0.77 during trading on Monday, reaching $33.62. The company had a trading volume of 261,009 shares, compared to its average volume of 380,293. The company has a debt-to-equity ratio of 5.95, a quick ratio of 1.52 and a current ratio of 1.75. The firm has a market capitalization of $527.83 million, a price-to-earnings ratio of -1.50 and a beta of 1.52. Nabors Industries has a 12-month low of $23.27 and a 12-month high of $105.96. The stock's 50 day moving average price is $28.71 and its two-hundred day moving average price is $45.44.

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

Hedge Funds Weigh In On Nabors Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio purchased a new position in shares of Nabors Industries in the fourth quarter valued at $36,000. US Bancorp DE lifted its holdings in Nabors Industries by 234.9% in the 4th quarter. US Bancorp DE now owns 720 shares of the oil and gas company's stock worth $41,000 after buying an additional 505 shares in the last quarter. GAMMA Investing LLC boosted its position in Nabors Industries by 520.2% in the 1st quarter. GAMMA Investing LLC now owns 1,073 shares of the oil and gas company's stock valued at $45,000 after buying an additional 900 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Nabors Industries by 3,866.7% during the first quarter. Russell Investments Group Ltd. now owns 1,309 shares of the oil and gas company's stock valued at $55,000 after acquiring an additional 1,276 shares in the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Nabors Industries during the fourth quarter worth about $97,000. Hedge funds and other institutional investors own 81.92% of the company's stock.

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.