National Energy Services Reunited - NESR Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Energy Services Reunited in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NESR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NESR, but not buy additional shares or sell existing shares.
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3 analysts have issued twelve-month price targets for National Energy Services Reunited's stock. Their NESR share price forecasts range from $10.00 to $11.00. On average, they anticipate the company's share price to reach $10.67 in the next twelve months. This suggests a possible upside of 44.5% from the stock's current price.
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National Energy Services Reunited's stock was trading at $6.94 on January 1st, 2023. Since then, NESR shares have increased by 6.3% and is now trading at $7.38.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our NESR earnings forecast.

National Energy Services Reunited Corp. (NASDAQ:NESR) announced its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. The company had revenue of $217.99 million for the quarter, compared to the consensus estimate of $225.94 million. During the same period last year, the firm posted $0.16 EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other National Energy Services Reunited investors own include Advanced Micro Devices (AMD), Ampio Pharmaceuticals (AMPE), Apollo Global Management (APO), Alliance Resource Partners (ARLP), Golden Minerals (AUMN), Eastman Chemical (EMN), General Mills (GIS), Pfizer (PFE) and Primo Water (PRMW).

National Energy Services Reunited trades on the NASDAQ under the ticker symbol "NESR."

National Energy Services Reunited's stock is owned by many different institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (0.36%), National Bank of Canada FI (0.04%), Sequoia Financial Advisors LLC (0.01%) and Signaturefd LLC (0.01%).
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Shares of NESR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NESR stock can currently be purchased for approximately $7.38.

National Energy Services Reunited (NASDAQ:NESR) has a market capitalization of $670.47 million and generates $834.15 million in revenue each year.

The company employs 5,581 workers across the globe.

National Energy Services Reunited's mailing address is 777 Post Oak Blvd. Suite 730, Houston TX, 77056. The official website for the company is www.nesr.com. The company can be reached via phone at (832) 925-3777 or via email at investors@nesr.com.