Nabors Industries Ltd. (NBR)
NYSE: NBR · IEX Real-Time Price · USD
82.08
-3.06 (-3.59%)
At close: Jul 19, 2024, 4:00 PM
82.02
-0.06 (-0.07%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Nabors Industries Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Nabors Industries stock have an average target of 112.5, with a low estimate of 79 and a high estimate of 150. The average target predicts an increase of 37.06% from the current stock price of 82.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NBR stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 4 | 4 | 4 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Strong Buy Maintains $95 → $91 | Strong Buy | Maintains | $95 → $91 | +10.87% | Jul 10, 2024 |
Susquehanna | Susquehanna | Hold Maintains $88 → $79 | Hold | Maintains | $88 → $79 | -3.75% | Apr 26, 2024 |
Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 25, 2024 |
Susquehanna | Susquehanna | Hold Maintains $88 | Hold | Maintains | $88 | +7.21% | Apr 8, 2024 |
Susquehanna | Susquehanna | Hold Reiterates $88 | Hold | Reiterates | $88 | +7.21% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
3.09B
from 3.05B
Increased by 1.15%
Revenue Next Year
3.36B
from 3.09B
Increased by 8.78%
EPS This Year
-7.67
from -5.49
EPS Next Year
6.92
from -7.67
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.3B | 3.7B | 3.8B |
Avg | 3.1B | 3.4B | 3.5B |
Low | 2.9B | 3.1B | 3.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 9.2% | 20.5% | 12.7% |
Avg | 1.2% | 8.8% | 5.0% |
Low | -4.2% | 0.6% | -1.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -4.05 | 12.79 | 13.87 |
Avg | -7.67 | 6.92 | 10.86 |
Low | -12.23 | 4.36 | 8.13 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | - | 100.4% |
Avg | - | - | 57.0% |
Low | - | - | 17.5% |
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.