National Energy Services Reunited (NASDAQ:NESR) Hits New 52-Week High – Should You Buy?

Posted by Geri Gentry on Aug 17th, 2026

National Energy Services Reunited (NASDAQ:NESR – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $36.84 and last traded at $36.6750, with a volume of 15909 shares trading hands. The stock had previously closed at $36.31.

Wall Street Analyst Weigh In

NESR has been the subject of several analyst reports. Barclays lifted their price objective on shares of National Energy Services Reunited from $35.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Piper Sandler increased their price target on National Energy Services Reunited from $33.00 to $35.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. UBS Group upped their target price on National Energy Services Reunited from $36.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Zacks Research upgraded National Energy Services Reunited from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Finally, Citigroup reiterated a “buy” rating on shares of National Energy Services Reunited in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $33.57.

View Our Latest Research Report on NESR

National Energy Services Reunited Stock Up 0.1%

The company has a market capitalization of $3.67 billion, a P/E ratio of 39.57, a price-to-earnings-growth ratio of 0.34 and a beta of 0.33. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.86 and a current ratio of 1.02. The firm’s fifty day moving average is $27.90 and its 200-day moving average is $24.77.

National Energy Services Reunited (NASDAQ:NESR – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.09. National Energy Services Reunited had a net margin of 5.77% and a return on equity of 12.07%. The company had revenue of $520.75 million during the quarter, compared to the consensus estimate of $448.54 million. The firm’s revenue for the quarter was up 59.1% compared to the same quarter last year. As a group, equities research analysts predict that National Energy Services Reunited will post 1.82 EPS for the current year.

Insider Buying and Selling

In other news, Director Yousif Mohammed Ali Al-Nowais sold 1,919,594 shares of National Energy Services Reunited stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $26.80, for a total transaction of $51,445,119.20. Following the sale, the director directly owned 229,198 shares of the company’s stock, valued at approximately $6,142,506.40. This trade represents a 89.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 4,603,702 shares of company stock valued at $121,837,316 in the last ninety days. 9.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its position in National Energy Services Reunited by 373.8% during the 4th quarter. Royal Bank of Canada now owns 1,900 shares of the company’s stock worth $30,000 after buying an additional 1,499 shares during the period. USA Financial Formulas increased its position in National Energy Services Reunited by 63.0% in the 1st quarter. USA Financial Formulas now owns 2,253 shares of the company’s stock valued at $48,000 after acquiring an additional 871 shares during the period. State of Wyoming bought a new position in shares of National Energy Services Reunited during the fourth quarter valued at $76,000. Clearstead Advisors LLC raised its stake in shares of National Energy Services Reunited by 180.1% during the fourth quarter. Clearstead Advisors LLC now owns 4,932 shares of the company’s stock valued at $77,000 after acquiring an additional 3,171 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of National Energy Services Reunited during the second quarter worth $34,000. Institutional investors and hedge funds own 15.55% of the company’s stock.

About National Energy Services Reunited

(Get Free Report)

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.