
Nabors Industries (NBR) Stock Forecast & Price Target
Nabors Industries (NBR) Analyst Ratings
Bulls say
Nabors Industries Ltd has demonstrated a year-over-year increase in day margins, rising to $17,931, which reflects improved operational performance largely attributed to new builds in the SANAD project. The company's outlook is bolstered by anticipated increases in Saudi drilling activities and a host of potential catalysts such as higher commodity prices, stronger service pricing, and improved utilization rates that could enhance margins. Additionally, the strategic sale of Quail Tools for $625 million has strengthened Nabors' financial leverage, positioning the company to address its upcoming debt maturities effectively while creating possibilities for further growth.
Bears say
Nabors Industries has faced significant challenges with free cash flow (FCF) due to delayed collections in Mexico, resulting in a shortfall of $30 million against expectations for the third quarter. The removal of the pro-rata contribution as of September 1 has led to a downward revision of third-quarter 2025 EBITDA by 6% to $234 million, with further adjustments impacting 2026 and 2027 estimates by 16% and 15%, respectively. Additionally, the company's leveraged balance sheet, with $2.5 billion in maturities over the next seven years, raises concerns about 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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