
Nabors Industries (NBR) Stock Forecast & Price Target
Nabors Industries (NBR) Analyst Ratings
Bulls say
Nabors Industries has reported significant financial improvements, evidenced by a year-over-year increase in day margins to $17,931, attributed to new builds in the SANAD fleet and a potential uptick in Saudi drilling activity. The company's international drilling segment remains the primary revenue driver, with forecasts indicating favorable conditions from higher commodity prices and improved pricing for services, which could enhance drilling activity and spending in exploration and production. The recent $625 million divestiture of Quail Tools has bolstered Nabors' financial leverage, positioning the company favorably to manage upcoming debt maturities while highlighting the potential for further strategic moves that could enhance its financial outlook.
Bears say
Nabors Industries has faced significant financial headwinds, as evidenced by a $12 million shortfall in collections from Mexico during Q3, which adversely affected free cash flow (FCF) and overall profitability. Furthermore, the company's EBITDA forecasts for both 2026 and 2027 have been revised downward by 16% and 15% respectively, alongside an anticipated 6% reduction for Q3 2025, reflecting declining operational performance. The elevated leverage on the balance sheet, with $2.5 billion in maturities looming over the next seven years, raises concerns regarding the stock's risk-reward profile in the near term.
This aggregate rating is based on analysts' research of Nabors Industries and is not a guaranteed prediction by Public.com or investment advice.
Nabors Industries (NBR) Analyst Forecast & Price Prediction
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