
NESR Stock Forecast & Price Target
NESR Analyst Ratings
Bulls say
National Energy Services Reunited Corp is anticipating a significant revenue increase in 2025, with projections indicating an uplift of approximately $40 million compared to 2024, driven by a growth of high-single to low-double-digits in the fourth quarter of 2025. The upcoming fractender award in the unconventional Jafurah basin is expected to substantially boost stage activity, with predictions of reaching 15,000 stages by 2026, a notable increase from the mid-single digits in 2025. Furthermore, management is optimistic about positive growth trends across additional key markets including Kuwait, UAE, Iraq, Oman, Algeria, and Libya, which enhances the overall outlook for the company's performance in the near future.
Bears say
The financial outlook for National Energy Services Reunited Corp is negatively impacted by several factors, including less-than-expected awarded services in critical markets such as Saudi Arabia and Kuwait, which directly affects revenue potential. Additionally, macro volatility within the oil and gas sector introduces uncertainty, further compounding risks associated with international market deceleration. Furthermore, projected activity declines in Saudi Arabia, characterized by significant rig suspensions across both conventional and unconventional basins through 2025, indicate a challenging operational environment that may hinder future performance.
This aggregate rating is based on analysts' research of National Energy Services Reunited and is not a guaranteed prediction by Public.com or investment advice.
NESR Analyst Forecast & Price Prediction
Start investing in NESR
Order type
Buy in
Order amount
Est. shares
0 shares