Nabors Industries (NBR) News Today

Nabors Industries Ltd. (NYSE: NBR) shares have increased amid a more optimistic long-term earnings outlook and continued investor interest following a substantial 12-month rally. However, analysts still see near-term losses and execution risks.

• Positive Sentiment: Zacks raised several earnings forecasts: Estimates were increased for third-quarter 2026 EPS to $(0.45), fourth-quarter 2026 EPS to $0.01, full-year 2026 EPS to $(4.02), first-quarter 2027 EPS to $0.07, second-quarter 2027 EPS to $(0.19), full-year 2027 EPS to $(0.72), fourth-quarter 2027 EPS to $0.26, second-quarter 2028 EPS to $1.50, and full-year 2028 EPS to $5.74 from $5.03. These revisions suggest improving expectations for a recovery in Nabors’ drilling business. Zacks Research Issues Optimistic Estimate for NBR Earnings
• Positive Sentiment: Improved operating outlook: Zacks highlighted strong second-quarter execution and potential growth from Nabors’ Saudi Arabian operations. The stock has surged 155% over the past year, indicating strong momentum and optimism about the company’s longer-term growth prospects. Nabors Surges 155% in a Year: Here's How to Play the Stock
• Neutral Sentiment: Analyst stance remains cautious: Despite the upward estimate revisions, Zacks Research maintained a “Hold” rating. The consensus forecast still calls for a current-year loss of approximately $2.96 per share, while Nabors recently reported a quarterly loss of $2.04 per share on $814.8 million in revenue.
• Negative Sentiment: Risks could limit upside: Zacks noted heavy spending requirements and ongoing operational and energy-market risks. One forecast was also reduced slightly, with third-quarter 2027 EPS lowered to $(0.85) from $(0.82), underscoring that the recovery is expected to be uneven.

Overall, the news is modestly positive for NBR because analysts see stronger earnings potential in 2027–2028 and continued Saudi growth, but the Hold rating, expected losses, high leverage, and spending needs temper the bullish case.