Nabors Industries Ltd. (NBR)
NYSE: NBR · Real-Time Price · USD
53.77
-1.02 (-1.86%)
Dec 20, 2024, 4:00 PM EST - 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 80.40% from the current stock price of 53.77.
Analyst Consensus: Hold
* Price targets were last updated on Oct 31, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 4 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $75 → $80 | Hold | Maintains | $75 → $80 | +48.78% | Oct 31, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $79 → $77 | Hold | Maintains | $79 → $77 | +43.20% | Oct 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $94 → $85 | Hold | Maintains | $94 → $85 | +58.08% | Oct 24, 2024 |
| Barclays | Barclays | Hold Maintains $110 → $88 | Hold | Maintains | $110 → $88 | +63.66% | Oct 16, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $102 | Hold | Reiterates | $102 | +89.70% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
2.98B
from 3.01B
Decreased by -0.90%
Revenue Next Year
3.36B
from 2.98B
Increased by 12.76%
EPS This Year
-16.84
from -5.49
EPS Next Year
-1.79
from -16.84
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1B | 3.8B | 4.4B |
| Avg | 3.0B | 3.4B | 3.5B |
| Low | 2.9B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2% | 28.7% | 30.2% |
| Avg | -0.9% | 12.8% | 4.8% |
| Low | -4.5% | 0.4% | -6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.38 | 4.08 | 8.91 |
| Avg | -16.84 | -1.79 | 1.13 |
| Low | -22.43 | -8.81 | -10.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.