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

Analyst price target for NBR

Based on 3 analysts offering 12 month price targets for Nabors Industries Ltd.
Min Forecast
$88.00+8.66%
Avg Forecast
$122.67+51.46%
Max Forecast
$150.00+85.21%

Should I buy or sell NBR stock?

Based on 3 analysts offering ratings for Nabors Industries Ltd.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NBR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-13
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2023-10-27

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Forecast return on equity

Is NBR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.67%

Forecast return on assets

Is NBR forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NBR revenue forecast

What is NBR's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$3.1B+1.32%
Avg 2 year Forecast
$3.3B+9.41%
Avg 3 year Forecast
$3.5B+15.34%
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
4.27%
Industry
13.96%
Market
10.47%
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$80.99$122.67+51.46%Buy
PDS$60.97$103.00+68.94%Strong Buy
DO$12.02$20.00+66.39%Strong Buy
ICD$1.77N/AN/A
BORR$6.03$9.00+49.25%Hold

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 Buy NBR stock.

Out of 3 analysts, 1 (33.33%) are recommending NBR as a Strong Buy, 0 (0%) are recommending NBR as a Buy, 2 (66.67%) 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 revenue growth forecast for 2024-2026?

(NYSE: NBR) Nabors Industries's forecast annual revenue growth rate of 4.27% is not forecast to beat the US Oil & Gas Drilling industry's average forecast revenue growth rate of 13.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.47%.

Nabors Industries's revenue in 2024 is $3,049,801,000.On average, 4 Wall Street analysts forecast NBR's revenue for 2024 to be $29,267,870,556, with the lowest NBR revenue forecast at $28,906,796,086, and the highest NBR revenue forecast at $29,797,746,393. On average, 4 Wall Street analysts forecast NBR's revenue for 2025 to be $31,604,956,319, with the lowest NBR revenue forecast at $30,525,569,090, and the highest NBR revenue forecast at $33,136,378,096.

In 2026, NBR is forecast to generate $33,318,184,585 in revenue, with the lowest revenue forecast at $31,955,848,338 and the highest revenue forecast at $35,182,615,153.

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

(NYSE: NBR) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Drilling industry average of N/A.

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 $122.67, with the highest NBR stock price forecast at $150.00 and the lowest NBR stock price forecast at $88.00.

On average, Wall Street analysts predict that Nabors Industries's share price could reach $122.67 by Feb 13, 2025. The average Nabors Industries stock price prediction forecasts a potential upside of 51.46% from the current NBR share price of $80.99.

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

(NYSE: NBR) forecast ROE is N/A, which is considered weak.
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