Nabors Industries Ltd. (NBR)
NYSE: NBR · Real-Time Price · USD
72.01
-2.40 (-3.23%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Nabors Industries Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Nabors Industries stock have an average target of 97, with a low estimate of 77 and a high estimate of 150. The average target predicts an increase of 34.70% from the current stock price of 72.01.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NBR stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 3 | 3 | 4 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $75 → $80 | Hold | Maintains | $75 → $80 | +11.10% | Oct 31, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $79 → $77 | Hold | Maintains | $79 → $77 | +6.93% | Oct 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $94 → $85 | Hold | Maintains | $94 → $85 | +18.04% | Oct 24, 2024 |
| Barclays | Barclays | Hold Maintains $110 → $88 | Hold | Maintains | $110 → $88 | +22.21% | Oct 16, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $102 | Hold | Reiterates | $102 | +41.65% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
3.04B
from 3.01B
Increased by 1.00%
Revenue Next Year
3.28B
from 3.04B
Increased by 8.17%
EPS This Year
-10.98
from -5.49
EPS Next Year
2.02
from -10.98
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 3.5B | 3.9B |
| Avg | 3.0B | 3.3B | 3.5B |
| Low | 2.9B | 3.0B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.7% | 16.7% | 19.0% |
| Avg | 1.0% | 8.2% | 7.9% |
| Low | -3.2% | 0.2% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.89 | 8.32 | 19.11 |
| Avg | -10.98 | 2.02 | 12.48 |
| Low | -15.51 | -4.24 | 6.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 845.1% |
| Avg | - | - | 517.0% |
| Low | - | - | 231.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.