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Nabors Industries (NBR): analyst forecast and price target

$78.20 +2.37% close 16.10.26 · market cap $1.2B · Energy · Oil & Gas Drilling IWM 0.04%
Price targets and ratings of

Analyst consensus

Hold

2 Buy4 Hold1 Sell

Ratings of 7 analysts in the last 3 months

12-month forecast

$103+32.3% upside

Based on 7 price targets given in the last 3 months, the average target is $103, the highest $120, the lowest $80.00. The average is +32.3% from the last price of $78.20.

$50.00$75.00$100Jan 26AprJulOctJan 27AprJulOctHigh$120Average$103Low$80.00
Highest target $120 Average target $103 Lowest target $80.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Joe Laetsch★★★★★★★★★★#3110 · hits 61% · avg +5.9% Morgan Stanley $110 Buy +40.7% Assigned 14.10.26on TipRanks 07:35 −1.6%next day −2.6%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $85.00 → $91.00+7.1% Hold +16.4% Assigned 05.10.26on TipRanks 07:56 +3.7%next day −2.9% · 5 days −5.2%
Scott Gruber★★★★★★★★★★#383 · hits 60% · avg +15.6% Citi $110 Hold +40.7% Reiterated 03.09.26on TipRanks Sep 4 06:10 −3.8%next day −1.9% · 5 days −1.4%
Eddie Kim★★★★★★★★★★#6236 · hits 45% · avg +1.4% Barclays $99.00 → $93.00−6.1% Hold +18.9% Reiterated 05.08.26on TipRanks 04:13 −5.8%next day +5.9% · 5 days +13.8%
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan $79.00 → $80.00+1.3% Sell +2.3% Reiterated 04.08.26on TipRanks Aug 5 08:08 −2.6%next day −5.8% · 5 days +5.6%
Keith Mackey★★★★★★★★★★#97 · hits 66% · avg +25.6% RBC Capital $120 Hold +53.5% Reiterated 30.07.26on TipRanks 07:02 +2.0%next day +3.5% · 5 days −2.5%
Derek Podhaizer★★★★★★★★★★#484 · hits 66% · avg +21.0% Piper Sandler $120 Buy +53.5% Reiterated 29.07.26on TipRanks 06:57 +6.3%next day +2.0% · 5 days −6.4%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Nabors Industries

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Arun Jayaram★★★★★★★★★★J.P. Morgan · #1023
Hits 59%278 of 473 Average return +8.0%
1 year Arun Jayaram★★★★★★★★★★J.P. Morgan · #1023
Hits 59%278 of 473 Average return +8.0%
2 years Arun Jayaram★★★★★★★★★★J.P. Morgan · #1023
Hits 59%278 of 473 Average return +8.0%

Most profitable

3 months Joe Laetsch★★★★★★★★★★Morgan Stanley · #3110
Hits 61%76 of 125 Average return +5.9%
1 year Joe Laetsch★★★★★★★★★★Morgan Stanley · #3110
Hits 61%76 of 125 Average return +5.9%
2 years Arun Jayaram★★★★★★★★★★J.P. Morgan · #1023
Hits 59%278 of 473 Average return +8.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $103 at a price of $78.12 (+31.3%); now: $103 at $78.20 (+32.3%).

$80.00$90.00$100Sep 15Oct 1Oct 15Top analysts$105Average target$103Price$78.20

PriceAverage targetTop analysts’ target

Recommendation trend

051015156Oct 25154Nov353Dec352Jan 26562Feb371Mar593Apr482May472Jun1351Jul1342Aug1352Sep231Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy001110
Buy443332
Hold875453
Sell221221

Earnings and sales forecast

Next report: 27.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.15 (from $-0.65 to $0.31). Last quarter: $-2.04.

Sales

Next quarter’s sales estimate — $859M (from $848M to $874M). Last quarter: $815M.

Best top-analyst consensus in the sector · Energy

SEISolaris Energy Infrastructure
TNEYFnot in our ETFs
LNGCheniere EnergyStrong Buy
TRGPTarga Resources
WMBWilliams Co
About Nabors Industries
  • CEO: Anthony G. Petrello
  • Employees: 13,900
  • Crown House, Hamilton, PE, HM 08, BM
  • www.nabors.com

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. The company offers tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure that integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

Data from the stock’s TipRanks forecast page, read 96 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗