
Nabors Industries (NBR) Stock Forecast & Price Target
Nabors Industries (NBR) Analyst Ratings
Bulls say
Nabors Industries is well-positioned to exceed its full year guidance of a $25 million FCF loss, aided by a FCF loss of $48 million in 1Q26 that beat expectations by $35 million and improvements expected in 2Q26. The company is also gaining share in the Lower-48 market and expects to see a step up in dayrates moving towards the mid-$30K/day range in the future. Additionally, Nabors has a focus on reducing GHG emissions and increasing diversity in new hires, demonstrating its commitment to sustainability and corporate social responsibility.
Bears say
Nabors Industries is a land drilling company with operations both in the US and internationally, with a strong focus on the international market. Despite a potential upside in the Lower 48 rig count, the company has lowered its 2Q26 EBITDA estimate due to issues with Middle East logistical disruptions. Furthermore, the energy sector is facing challenges with carbon emissions and environmental factors, which could impact the company's long-term value and near-term multiples. Overall, while the company has a strong presence in the market, there are concerns about potential disruptions and the industry's environmental impact, leading to a negative outlook.
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
Start investing in Nabors Industries (NBR)
Order type
Buy in
Order amount
Est. shares
0 shares