Nabors Industries Ltd. (NBR)

Nabors Industries Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Nabors Industries stock have an average target of 71.17, with a low estimate of 32 and a high estimate of 102. The average target predicts an increase of 130.85% from the current stock price of 30.83.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$71.17	$80	$102
Change	+3.80%	+130.85%	+159.49%	+230.85%

Analyst Ratings

The average analyst rating for Nabors Industries 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	0	1	1
Hold	6	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	6	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Charles Minervino Susquehanna	Susquehanna	Hold Maintains $45 → $32	Hold	Maintains	$45 → $32	+3.80%	Apr 14, 2025
Daniel Kutz Morgan Stanley	Morgan Stanley	Buy Maintains $115 → $75	Buy	Maintains	$115 → $75	+143.27%	Mar 27, 2025
Charles Minervino Susquehanna	Susquehanna	Hold Maintains $53 → $45	Hold	Maintains	$53 → $45	+45.96%	Mar 13, 2025
David Anderson Barclays	Barclays	Hold Maintains $90 → $53	Hold	Maintains	$90 → $53	+71.91%	Feb 19, 2025
Scott Gruber Citigroup	Citigroup	Hold Maintains $75 → $80	Hold	Maintains	$75 → $80	+159.49%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.33B

Increased by 13.65%

from 2.93B

Revenue Next Year

3.61B

Increased by 8.29%

from 3.33B

EPS This Year

-4.39

from -22.37

EPS Next Year

4.51

from -4.39

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.13B	2.02B	2.65B	3.01B	2.93B	3.33B	3.61B	3.73B
Revenue Growth	-29.88%	-5.46%	31.53%	13.27%	-2.52%	13.65%	8.29%	3.36%
EPS	-118.69	-76.58	-40.52	-5.49	-22.37	-4.39	4.51	10.08
EPS Growth	-	-	-	-	-	-	-	123.83%
Forward PE	-	-	-	-	-	-	6.84	3.06
No. Analysts	-	-	-	-	-	10	10	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	3.7B	4.1B	4.2B
Avg	3.3B	3.6B	3.7B
Low	2.9B	3.0B	3.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	27.9%	22.8%	15.9%
Avg	13.6%	8.3%	3.4%
Low	-2.2%	-9.8%	-8.8%

EPS Forecast

EPS	2025	2026	2027
High	-0.08	6.70	13.07
Avg	-4.39	4.51	10.08
Low	-7.64	2.51	7.37

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	190.1%
Avg	-	-	123.8%
Low	-	-	63.6%

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.