National Energy Services Reunited Corp. (NESR)
NASDAQ: NESR · Real-Time Price · USD
9.17
-0.28 (-2.91%)
At close: Feb 21, 2025, 4:00 PM
9.30
+0.14 (1.47%)
After-hours: Feb 21, 2025, 4:04 PM EST

NESR Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for NESR stock have an average target of 14.75, with a low estimate of 13 and a high estimate of 16. The average target predicts an increase of 60.94% from the current stock price of 9.17.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $13 $14.75 $15 $16
Change +41.84% +60.94% +63.67% +74.58%

Analyst Ratings

The average analyst rating for NESR stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 011122
Buy 000122
Hold 100000
Sell 000000
Strong Sell 000000
Total 111244

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Initiates
$16
Buy Initiates $16 +74.58% Jan 31, 2025
Benchmark
Benchmark
Strong Buy
Initiates
$15
Strong Buy Initiates $15 +63.67% Jan 21, 2025
JP Morgan
JP Morgan
Buy
Initiates
$13
Buy Initiates $13 +41.84% Dec 6, 2024
BTIG
BTIG
Strong Buy
Initiates
$15
Strong Buy Initiates $15 +63.67% Oct 25, 2024
National Bank Of Canada
National Bank Of Canada
Hold
Downgrades
$14$11
Hold Downgrades $14$11 +20.02% Apr 25, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
1.32B
from 1.15B
Increased by 15.37%
Revenue Next Year
1.43B
from 1.32B
Increased by 8.47%
EPS This Year
0.92
from 0.13
Increased by 604.20%
EPS Next Year
1.20
from 0.92
Increased by 31.48%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
658.39M834.15M876.73M909.52M1.15B1.32B1.43B1.54B
Revenue Growth
10.17%26.70%5.10%3.74%25.99%15.37%8.47%7.46%
EPS
0.450.18-0.71-0.390.130.921.201.35
EPS Growth
-34.38%-60.11%---604.20%31.48%12.43%
Forward PE
-----10.017.616.77
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.4B 1.5B 1.6B
Avg 1.3B 1.4B 1.5B
Low 1.3B 1.4B 1.4B

Revenue Growth

Revenue Growth 202420252026
High
19.8%
14.1%
13.7%
Avg
15.4%
8.5%
7.5%
Low
10.0%
2.2%
-0.3%

EPS Forecast

EPS 202420252026
High 1.13 1.45 1.60
Avg 0.92 1.20 1.35
Low 0.73 0.81 1.00

EPS Growth

EPS Growth 202420252026
High
772.3%
58.3%
32.6%
Avg
604.2%
31.5%
12.4%
Low
457.9%
-11.1%
-16.9%
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.