National Energy Services Reunited Corp. (NESR)
NASDAQ: NESR · Real-Time Price · USD
9.51
+0.13 (1.39%)
Jan 22, 2025, 3:33 PM EST - Market open
NESR Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for NESR stock have an average target of 14.33, with a low estimate of 13 and a high estimate of 15. The average target predicts an increase of 50.68% from the current stock price of 9.51.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for NESR stock from 3 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +57.73% | Jan 21, 2025 |
| JP Morgan | JP Morgan | Buy Initiates $13 | Buy | Initiates | $13 | +36.70% | Dec 6, 2024 |
| BTIG | BTIG | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +57.73% | Oct 25, 2024 |
| National Bank Of Canada | National Bank Of Canada | Buy → Hold Downgrades $14 → $11 | Buy → Hold | Downgrades | $14 → $11 | +15.67% | Apr 25, 2022 |
| Barclays | Barclays | Buy Initiates $13 | Buy | Initiates | $13 | +36.70% | Jan 13, 2020 |
Financial Forecast
Revenue This Year
1.32B
from 1.15B
Increased by 15.10%
Revenue Next Year
1.42B
from 1.32B
Increased by 7.81%
EPS This Year
0.79
from 0.13
Increased by 504.16%
EPS Next Year
1.24
from 0.79
Increased by 58.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.1% | 12.3% | 12.2% |
| Avg | 15.1% | 7.8% | 6.8% |
| Low | 10.0% | 2.4% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.81 | 1.28 |
| Avg | 0.79 | 1.24 |
| Low | 0.75 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 521.9% | 63.1% |
| Avg | 504.2% | 58.4% |
| Low | 480.5% | 52.2% |
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.