Nabors Industries Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Nabors Industries stock has a consensus rating of "Hold" and an average price target of $108.5. The average 1-year stock price forecast is 18.97% higher than the current stock price, while the lowest is $79 (-13.38%) and the highest is $120 (+31.58%).

Price Target: $108.5 (+18.97%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$79	$108.5	$112.5	$120
Change	-13.38%	+18.97%	+23.36%	+31.58%

* Price targets were last updated on May 7, 2026.

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	4	4	4	4	5	5
Sell	2	2	2	2	1	1
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eddie Kim Barclays	Barclays	Hold Upgrades $65 → $99	Hold	Upgrades	$65 → $99	+8.55%	May 7, 2026
Joe Laetsch Morgan Stanley	Morgan Stanley	Buy Maintains $100 → $115	Buy	Maintains	$100 → $115	+26.10%	May 4, 2026
Arun Jayaram J.P. Morgan	J.P. Morgan	Sell Maintains $73 → $79	Sell	Maintains	$73 → $79	-13.38%	May 1, 2026
Scott Gruber Citi	Citi	Hold Maintains $89 → $110	Hold	Maintains	$89 → $110	+20.61%	May 1, 2026
Derek Podhaizer Piper Sandler	Piper Sandler	Buy Maintains $84 → $120	Buy	Maintains	$84 → $120	+31.58%	Apr 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.33B

from 3.18B

4.70%

from 3.18B

Revenue Next Year

3.62B

from 3.33B

8.53%

from 3.33B

EPS This Year

-2.15

from -6.13

EPS Next Year

3.40

from -2.15

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.02B	2.65B	3.01B	2.93B	3.18B	3.33B
Revenue Growth	-5.46%	31.53%	13.27%	-2.52%	8.69%	4.70%
Gross Profit	730.23M	987.76M	1.22B	1.19B	1.27B	1.25B
Gross Margin	36.19%	37.22%	40.44%	40.53%	39.89%	37.40%
Operating Income	-211.86M	44.32M	269.86M	247.93M	263.43M	270.61M
Net Income	-569.27M	-350.26M	-11.78M	-176.08M	286.62M	-30.37M
EPS	-	-	-	-	-6.13	-2.15
Free Cash Flow	412.52M	263.92M	144.02M	73.44M	29.18M	89.50M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	3.4B
Avg	3.3B
Low	3.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	8.0%
Avg	4.7%
Low	3.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-2.15
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-