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Nabors Industries Ltd.

NBR · NYSE

Market closed$83.89$1.23 (+1.49%)After hours $84.90 · +1.20%

Key statistics

Previous close$82.66
Open$82.86
Day high$84.89
Day low$82.21
52-week high$112.90
52-week low$30.13
Market cap1.24B
Volume175.97K
Average volume307.78K
P/E ratio-10.82
Forward P/E—
EPS-7.75
Dividend yield0.00%

Market context

Why it moved

NBR, as a drilling and oilfield services company, rose today as oil prices surged more than 2% with Brent crude climbing above $90 per barrel amid escalating U.S.-Iran military conflict and a near-halt in tanker traffic through the Strait of Hormuz, raising supply concerns and boosting energy sector sentiment.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Nabors Industries closed higher, supported by a Zacks Research upgrade to 'Strong Buy' and a positive analyst backdrop. Zacks also raised its 2028 EPS estimates, while Piper Sandler maintained a Buy rating with a $120 target — well above current levels. The broader energy sector was the top-gaining sector on the day, with energy shares jumping ~2%, as oil prices rose ~3% to $81.35, providing a tailwind for drilling names. The Moderate Buy consensus with an average target of $100.57 suggests meaningful upside, though Susquehanna recently cut its target to $85, reflecting some caution around near-term earnings.

1.488

July 17, 2026Nabors Industries edged up in regular trading but is slipping in after-hours, as investors weigh a constructive but complex backdrop for the oil and gas driller. Piper Sandler maintained its Buy rating with a $120 price target on July 14, and Nabors was added to Zacks' Strong Buy list today — with analysts broadly pointing to an earnings inflection ahead, international growth via its SANAD JV in Saudi Arabia, and a debt reduction to $2.1B with no major maturities until 2029. However, the broader oilfield services sector faces headwinds from the Iran war's disruption to Middle East drilling activity and OPEC trimming its 2026 demand growth outlook, keeping sentiment cautious heading into Q2 earnings season.

0.2669

July 15, 2026Nabors Industries closed modestly lower amid a complex backdrop of bullish analyst sentiment and geopolitical energy market dynamics. Piper Sandler reiterated its Buy rating with a $120 price target on July 14, and notable value investor Bill Miller has spotlighted NBR as a top pick, while Barclays recently upgraded the stock to Equalweight with a $99 target, citing the energy services sector being in its best position in two decades. However, shares remain under some pressure following a pullback from geopolitical tailwinds — the stock lost roughly 14% between June 15-24 after U.S.-Iran hostilities eased, though tensions have since re-escalated with the U.S. reimposing a naval blockade and renewed airstrikes, pushing crude oil to one-month highs.

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July 14, 2026Nabors Industries closed little changed in regular trading but slipped further in after-hours, as investors weigh a complex backdrop of geopolitical tailwinds and sector-specific headwinds. Middle East tensions tied to renewed US-Iran conflict and Strait of Hormuz disruptions have lifted oil prices and drawn attention to oilfield services, though earlier reporting noted that service firms face an ambiguous environment — higher oil prices haven't yet translated into increased drilling activity, with rig counts in the Gulf down sharply. Despite Q1 results beating expectations on revenue, EPS, and EBITDA, the stock sold off post-earnings. Bill Miller flagged NBR as a top value pick, while RBC maintained a Hold with a $200 target and Barclays raised its target to $99, citing the energy services sector as being in its best position in two decades.

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July 14, 2026Nabors Industries closed up nearly 2%, benefiting from a broad energy sector rally as the S&P Energy Select Sector Index surged 2.45% on renewed U.S.-Iran tensions and Brent crude holding near $80. Adding to the bullish backdrop, renowned value investor Bill Miller named Nabors a top stock pick, while a SimplyWallSt analysis flagged the stock as trading roughly 24% below its estimated fair value of $108.50 despite a Q1 earnings beat on revenue, EPS, and EBITDA. The stock's 140% one-year total return underscores strong momentum, though its mediocre balance sheet and the complex impact of Mideast conflict on oilfield services activity — where drilling demand has lagged the oil price rally — remain key investor considerations.

1.9125

July 11, 2026Nabors Industries rose 2.25% during the regular session, rebounding from a 23.6% four-week decline, as Strait of Hormuz shipping attacks drove oil prices above $72/barrel and lifted oilfield services sentiment broadly. Despite a strong Q1 beat—revenues of $783.5M up 6.4% YoY with EPS and EBITDA estimates topped—the stock has lagged peers post-earnings amid margin pressure concerns and a still-substantial ~$2.15B debt load. Analysts remain cautious with consensus Hold ratings; SIG cut its target to $85 while RBC held at $120. In after-hours trade, shares are pulling back ~1.92%.

2.2546

July 9, 2026Nabors Industries closed modestly lower amid a complex backdrop of geopolitical oil price volatility and sector-wide headwinds. Despite crude prices spiking on renewed U.S.-Iran tensions and Strait of Hormuz supply fears, a Reuters report highlighted that the oil price rally has failed to translate into increased drilling activity, squeezing oilfield services firms. Analyst sentiment remains cautious — SIG cut its price target to $85 (from $105) while maintaining a Hold, and RBC Capital held its $120 target with a Hold rating — as NBR has shed roughly 23% over the past four weeks following a Q1 beat that failed to inspire buyers.

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July 9, 2026Nabors Industries rose sharply, benefiting from a surge in oil prices after President Trump declared the U.S.-Iran ceasefire agreement "over," sending crude up more than 5% and lifting oil-levered drilling stocks broadly. The tailwind came despite analyst caution: SIG cut its price target on Nabors to $85 from $105 while maintaining a Hold rating, and RBC Capital reaffirmed its Hold with a $120 target — a notable premium to current levels. After declining roughly 24% over the prior four weeks, some investors are weighing whether the oil-price shock and widening gap to analyst targets represent a potential dip-buying opportunity.

3.3679

MarketBeat · July 20, 2026Q2 EPS Forecast for Nabors Industries Raised by AnalystSimply Wall Street · July 19, 2026Is Nabors Industries’ ESOP Shelf Registration Quietly Reshaping Its Capital Strategy Narrative (NBR)?The Globe and Mail · July 18, 2026Morgan Stanley Sticks to Its Buy Rating for Nabors Industries (NBR)MarketBeat · July 17, 2026Nabors Industries (NYSE:NBR) Stock Rating Upgraded by Zacks ResearchStockStory · July 7, 2026Expro, Kinder Morgan, and Nabors Industries Shares Are Soaring, What You Need To KnowStockStory · June 15, 2026Nabors Industries and RPC Shares Plummet, What You Need To KnowPR Newswire · April 28, 2026Disciplined Execution, Durable Momentum: Nabors 1Q 2026PR Newswire · February 11, 2026Nabors Announces Fourth Quarter and Full-Year 2025 Results
Benzinga · May 7, 2026Barclays Upgrades Nabors Industries to Equal-Weight, Raises Price Target to $99
Benzinga · May 1, 2026Citigroup Maintains Neutral on Nabors Industries, Raises Price Target to $110
Benzinga · April 30, 2026Susquehanna Maintains Neutral on Nabors Industries, Raises Price Target to $105
Benzinga · April 30, 2026RBC Capital Maintains Sector Perform on Nabors Industries, Raises Price Target to $120
Benzinga · April 30, 2026Piper Sandler Maintains Overweight on Nabors Industries, Raises Price Target to $120
Mt Newswire · April 30, 2026RBC Raises Price Target on Nabors Industries to $120 From $91, Keeps Sector Perform Rating, Speculative Risk
Benzinga · April 30, 2026Top 2 Energy Stocks That Are Ticking Portfolio Bombs
Mt Newswire · April 28, 2026Earnings Flash (NBR) Nabors Industries Ltd. Reports Q1 Revenue $783.5M, vs. FactSet Est of $769.3M

Peers

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