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NYSE: NBR
Nabors Industries Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for NBR

Based on 3 analysts offering 12 month price targets for Nabors Industries Ltd.
Min Forecast
$75.00-6.2%
Avg Forecast
$89.33+11.72%
Max Forecast
$114.00+42.57%

Should I buy or sell NBR stock?

Based on 3 analysts offering ratings for Nabors Industries Ltd.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
3 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NBR stock forecasts and price targets.

NBR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-13
lockedlocked$00.00+00.00%2024-07-25
lockedlocked$00.00+00.00%2024-04-26

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Forecast return on equity

Is NBR forecast to generate an efficient return?
Company
28.98%
Industry
23.81%
Market
52.23%
NBR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NBR forecast to generate an efficient return on assets?
Company
1.57%
Industry
5.92%
NBR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NBR earnings per share forecast

What is NBR's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$12.24
Avg 2 year Forecast
-$0.43
Avg 3 year Forecast
$7.60

NBR revenue forecast

What is NBR's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$3.0B+0.83%
Avg 2 year Forecast
$3.2B+8.76%
Avg 3 year Forecast
$3.5B+17.56%
NBR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NBR revenue growth forecast

How is NBR forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
4.43%
Industry
12.93%
Market
8.79%
NBR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NBR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NBR vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
NBR$79.96$89.33+11.72%Hold
PDS$63.27$95.00+50.15%Strong Buy
SOC$20.52$25.00+21.83%Buy
BORR$5.37$9.00+67.60%Buy
SDRL$38.35$66.25+72.75%Strong Buy
View Top Oil & Gas Drilling Stocks

Nabors Industries Stock Forecast FAQ

Is Nabors Industries Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: NBR) stock is to Hold NBR stock.

Out of 3 analysts, 0 (0%) are recommending NBR as a Strong Buy, 0 (0%) are recommending NBR as a Buy, 3 (100%) are recommending NBR as a Hold, 0 (0%) are recommending NBR as a Sell, and 0 (0%) are recommending NBR as a Strong Sell.

If you're new to stock investing, here's how to buy Nabors Industries stock.

What is NBR's earnings growth forecast for 2024-2026?

(NYSE: NBR) Nabors Industries's forecast annual earnings growth rate of N/A is not forecast to beat the US Oil & Gas Drilling industry's average forecast earnings growth rate of 7.5%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.1%.

Nabors Industries's earnings in 2024 is -$132,207,000.On average, 2 Wall Street analysts forecast NBR's earnings for 2024 to be -$116,827,305, with the lowest NBR earnings forecast at -$121,935,814, and the highest NBR earnings forecast at -$111,718,796. On average, 4 Wall Street analysts forecast NBR's earnings for 2025 to be -$4,058,161, with the lowest NBR earnings forecast at -$43,064,254, and the highest NBR earnings forecast at $44,496,546.

In 2026, NBR is forecast to generate $72,569,474 in earnings, with the lowest earnings forecast at $19,383,688 and the highest earnings forecast at $115,442,755.

What is NBR's revenue growth forecast for 2024-2026?

(NYSE: NBR) Nabors Industries's forecast annual revenue growth rate of 4.43% is not forecast to beat the US Oil & Gas Drilling industry's average forecast revenue growth rate of 12.93%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.79%.

Nabors Industries's revenue in 2024 is $2,968,870,000.On average, 4 Wall Street analysts forecast NBR's revenue for 2024 to be $28,583,836,294, with the lowest NBR revenue forecast at $28,306,487,223, and the highest NBR revenue forecast at $28,821,128,926. On average, 4 Wall Street analysts forecast NBR's revenue for 2025 to be $30,832,611,516, with the lowest NBR revenue forecast at $29,737,347,181, and the highest NBR revenue forecast at $31,774,229,087.

In 2026, NBR is forecast to generate $33,327,311,316 in revenue, with the lowest revenue forecast at $31,997,599,837 and the highest revenue forecast at $35,118,096,768.

What is NBR's forecast return on assets (ROA) for 2024-2026?

(NYSE: NBR) forecast ROA is 1.57%, which is lower than the forecast US Oil & Gas Drilling industry average of 5.92%.

What is NBR's Price Target?

According to 3 Wall Street analysts that have issued a 1 year NBR price target, the average NBR price target is $89.33, with the highest NBR stock price forecast at $114.00 and the lowest NBR stock price forecast at $75.00.

On average, Wall Street analysts predict that Nabors Industries's share price could reach $89.33 by Sep 13, 2025. The average Nabors Industries stock price prediction forecasts a potential upside of 11.72% from the current NBR share price of $79.96.

What is NBR's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: NBR) Nabors Industries's current Earnings Per Share (EPS) is -$17.79. On average, analysts forecast that NBR's EPS will be -$12.24 for 2024, with the lowest EPS forecast at -$12.77, and the highest EPS forecast at -$11.70. On average, analysts forecast that NBR's EPS will be -$0.43 for 2025, with the lowest EPS forecast at -$4.51, and the highest EPS forecast at $4.66. In 2026, NBR's EPS is forecast to hit $7.60 (min: $2.03, max: $12.09).

What is NBR's forecast return on equity (ROE) for 2024-2026?

(NYSE: NBR) forecast ROE is 28.98%, which is considered strong.
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