Nabors Industries (NYSE:NBR) Price Target Raised to $145.00

Posted by Brian Himes on Nov 6th, 2026

Nabors Industries (NYSE:NBR – Free Report) had its target price lifted by Piper Sandler from $130.00 to $145.00 in a report published on Tuesday morning,Benzinga reports. Piper Sandler currently has an overweight rating on the oil and gas company’s stock.

A number of other equities research analysts also recently weighed in on NBR. Zacks Research downgraded Nabors Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Barclays set a $93.00 price objective on Nabors Industries and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Wall Street Zen downgraded Nabors Industries from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Morgan Stanley set a $110.00 target price on Nabors Industries in a research report on Thursday, August 20th. Finally, Weiss Ratings raised Nabors Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Nabors Industries has a consensus rating of “Hold” and an average target price of $104.14.

Read Our Latest Stock Report on NBR

Nabors Industries Stock Down 5.8%

Shares of NYSE NBR opened at $71.56 on Tuesday. The company has a current ratio of 1.77, a quick ratio of 1.75 and a debt-to-equity ratio of 2.04. The business has a 50-day moving average of $84.01 and a 200-day moving average of $84.48. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of -15.39 and a beta of 1.09. Nabors Industries has a 12 month low of $44.04 and a 12 month high of $112.90.

Nabors Industries (NYSE:NBR – Get Free Report) last announced its earnings results on Wednesday, October 28th. The oil and gas company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($1.10). The company had revenue of $872.19 million for the quarter, compared to the consensus estimate of $859.20 million. Nabors Industries had a negative net margin of 1.17% and a negative return on equity of 3.98%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $16.85 earnings per share. Sell-side analysts expect that Nabors Industries will post -3.87 earnings per share for the current fiscal year.

Insider Activity at Nabors Industries

In other news, Director David Tudor sold 3,200 shares of Nabors Industries stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $92.30, for a total transaction of $295,360.00. Following the sale, the director owned 5,264 shares of the company’s stock, valued at approximately $485,867.20. The trade was a 37.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.32% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc boosted its stake in Nabors Industries by 106.6% during the 2nd quarter. IFP Advisors Inc now owns 436 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 225 shares during the last quarter. State of Wyoming bought a new position in Nabors Industries during the 3rd quarter valued at about $41,000. State of Alaska Department of Revenue bought a new position in Nabors Industries during the 3rd quarter valued at about $41,000. EverSource Wealth Advisors LLC lifted its stake in Nabors Industries by 29.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 622 shares of the oil and gas company’s stock valued at $54,000 after acquiring an additional 141 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of Nabors Industries by 16.9% during the 2nd quarter. Allworth Financial LP now owns 1,134 shares of the oil and gas company’s stock valued at $95,000 after acquiring an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 81.92% of the company’s stock.

About Nabors Industries

(Get Free Report)

Nabors Industries Ltd. is a global provider of drilling and well-construction services to the oil and gas industry. The company operates land-based drilling rigs and offshore drilling units, serving exploration and production companies developing conventional and unconventional oil and natural gas resources.

Its services and products include contract drilling, directional drilling, measurement-while-drilling and logging-while-drilling technologies, wellbore placement, and drilling-related equipment.