Nabors Industries Ltd. (NBR)
NYSE: NBR · Real-Time Price · USD
43.23
-2.84 (-6.16%)
Feb 21, 2025, 4:00 PM EST - Market closed

Nabors Industries Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Nabors Industries stock have an average target of 79.4, with a low estimate of 53 and a high estimate of 102. The average target predicts an increase of 83.67% from the current stock price of 43.23.

Analyst Consensus: Hold
Target Low Average Median High
Price $53 $79.4 $80 $102
Change +22.60% +83.67% +85.06% +135.95%

Analyst Ratings

The average analyst rating for Nabors Industries stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 000000
Buy 111110
Hold 466666
Sell 000000
Strong Sell 000000
Total 577776

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$90$53
Hold Maintains $90$53 +22.60% Feb 19, 2025
Citigroup
Citigroup
Hold
Maintains
$75$80
Hold Maintains $75$80 +85.06% Oct 31, 2024
Susquehanna
Susquehanna
Hold
Maintains
$79$77
Hold Maintains $79$77 +78.12% Oct 24, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$94$85
Hold Maintains $94$85 +96.62% Oct 24, 2024
Barclays
Barclays
Hold
Maintains
$110$88
Hold Maintains $110$88 +103.56% Oct 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.50B
from 2.93B
Increased by 19.41%
Revenue Next Year
3.27B
from 3.50B
Decreased by -6.52%
EPS This Year
-0.63
from -22.37
EPS Next Year
0.55
from -0.63
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
2.13B2.02B2.65B3.01B2.93B3.50B3.27B3.33B
Revenue Growth
-29.88%-5.46%31.53%13.27%-2.52%19.41%-6.52%1.74%
EPS
-118.69-76.58-40.52-5.49-22.37-0.630.550.55
EPS Growth
--------
Forward PE
------79.2679.26
No. Analysts -----722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 4.2B 3.4B 3.5B
Avg 3.5B 3.3B 3.3B
Low 3.0B 3.2B 3.2B

Revenue Growth

Revenue Growth 202520262027
High
44.5%
-2.8%
5.8%
Avg
19.4%
-6.5%
1.7%
Low
3.7%
-9.3%
-1.3%

EPS Forecast

EPS 202520262027
High 7.11 0.57 0.57
Avg -0.63 0.55 0.55
Low -10.47 0.53 0.53

EPS Growth

EPS Growth 202520262027
High - -
4.0%
Avg - - -
Low - -
-3.0%
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.