15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 6 firms covering Nabors Industries Ltd, 2 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $85.00 to $130.00, a moderate spread. The average target of $106.33 sits 16% above the current $91.86. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.03 next quarter toward $3.61 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Moderate Buy
Strong Buy00%
Buy233%
Hold467%
Sell00%
Strong Sell00%
Based on 6 analysts giving stock ratings to Nabors Industries Ltd.
As of Sep, 2 of 6 firms rate NBR a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NBR EPS & revenue forecast
EPS · NEXT QUARTER
$-0.03
Range $-0.48 – $0.66 · 3 analysts · -117% YoY
Next period, 3 analysts expect Nabors Industries Ltd. to earn $-0.03 a share (range $-0.48 – $0.66), versus $0.17 a year earlier. Full-year consensus is $-4.18, growing to $3.61 the year after.
REVENUE · NEXT QUARTER
$893.7M
Range $869.0M – $916.5M · 3 analysts · +12% YoY
Revenue is expected to reach $893.7M (range $869.0M – $916.5M), +12.1% year-over-year. Full-year consensus is $3.4B, rising to $3.7B next year.
Top analysts covering Nabors Industries Ltd.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NBR.
#1
Scott Gruber
Citigroup · Rank #16
Hold
$110.00+19.7% to target
Overall win rate
59%
+ Follow
#2
Keith Mackey
RBC Capital · Rank #124
Hold
$120.00+30.6% to target
Overall win rate
51%
+ Follow
#3
David Anderson
Barclays · Rank #135
Hold
$88.00-4.2% to target
Overall win rate
50%
+ Follow
#4
CM
Charles Minervino
Susquehanna
Hold
$85.00-7.5% to target
Coverage
—
+ Follow
#5
EK
Eddie Kim
Barclays
Hold
$93.00+1.2% to target
Coverage
—
+ Follow
NBR stock forecast FAQ
What is NBR's average 12-month price target?+
The 6 analysts with a live target average $106.33 for Nabors Industries Ltd. over the next 12 months, ranging from a $130.00 high to a $85.00 low.
Is NBR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 6 analyst ratings, 2 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for NBR?+
The Street-high target is $130.00 (Piper Sandler), and the Street-low is $85.00 (Susquehanna). The average of all 6 active targets is $106.33.
How many Wall Street analysts cover NBR?+
6 analysts have an active rating on Nabors Industries Ltd., and 6 firms carry a live 12-month price target.
Who is the most accurate analyst covering NBR?+
Among analysts who currently cover NBR, Scott Gruber of Citigroup has the strongest overall Quantellect track record (Rank #16). Their current call is Hold with a $110.00 target.
What is Nabors Industries Ltd.'s projected EPS for next quarter?+
The consensus estimate is $-0.03 per share (range $-0.48 – $0.66) across 3 analysts. Full-year EPS is projected at $-4.18, rising to $3.61 the following year.
How much revenue is Nabors Industries Ltd. expected to report next quarter?+
Consensus revenue is $893.7M (range $869.0M – $916.5M). Full-year revenue is projected at $3.4B, growing to $3.7B next year.
Have analysts been upgrading or downgrading NBR lately?+
As of Sep, 2 of 6 firms rate NBR a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NBR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
