Nabors Industries - NBR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $94.40
  • Forecasted Upside: -27.59 %
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$130.37
▲ +1.34 (1.04%)

This chart shows the closing price for NBR by one month, three months, or twelve months.

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Analyst Price Target for NBR

Analyst Price Target is $94.40
▼ -27.59% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Nabors Industries in the last 3 months. The average price target is $94.40, with a high forecast of $180.00 and a low forecast of $21.00. The average price target represents a -27.59% upside from the last price of $130.37.

This chart shows the closing price for NBR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in Nabors Industries. This rating has held steady since August 2021, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 3 sell ratings
4/14/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 2 sell ratings
7/13/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/11/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
4/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
7/8/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
9/6/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
10/6/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/26/2022Morgan StanleyBoost TargetUnderweight$125.00 ➝ $135.00Low
7/13/2022Morgan StanleyLower TargetUnderweight$150.00 ➝ $125.00Low
6/8/2022Susquehanna BancsharesLower TargetNeutral$170.00 ➝ $21.00High
6/8/2022SusquehannaLower Target$170.00 ➝ $21.00High
5/2/2022BarclaysBoost Target$132.00 ➝ $180.00High
4/11/2022Morgan StanleyBoost TargetUnderweight$100.00 ➝ $150.00Medium
3/17/2022Capital One FinancialReiterated RatingEqual WeightLow
3/14/2022CitigroupDowngradeBuy ➝ Neutral$175.00 ➝ $115.00High
2/15/2022CitigroupBoost TargetSell$75.00 ➝ $110.00High
11/23/2021Royal Bank of CanadaReiterated RatingNeutral ➝ HoldHigh
10/25/2021BarclaysBoost TargetEqual Weight$87.00 ➝ $115.00Medium
9/29/2021Atb Cap MarketsUpgradeUnderperform ➝ OutperformHigh
9/9/2021Royal Bank of CanadaReiterated RatingSector Perform$100.00Low
7/9/2021Morgan StanleyBoost TargetUnderweight$80.00 ➝ $100.00Low
3/25/2021Morgan StanleyBoost TargetUnderweight$60.00 ➝ $80.00High
8/18/2020CitigroupDowngradeNeutral ➝ Sell$35.00High
8/12/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$65.00 ➝ $45.00High
8/6/2020Raymond JamesReiterated RatingHoldHigh
8/3/2020BarclaysUpgradeUnderweight ➝ Equal Weight$12.00 ➝ $42.00High
7/10/2020AltaCorp CapitalDowngradeSector Perform ➝ Underperform$17.50High
7/8/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$25.00Medium
5/28/2020CitigroupBoost TargetNeutral$15.50 ➝ $35.00High
5/13/2020Credit Suisse GroupLower TargetNeutral$50.00 ➝ $15.00High
5/7/2020Royal Bank of CanadaLower TargetSector Perform$37.50 ➝ $15.00High
4/13/2020ScotiabankDowngradeSector Perform ➝ Sector UnderperformHigh
4/6/2020Royal Bank of CanadaReiterated RatingHold$37.50Low
3/19/2020Wolfe ResearchDowngradeOutperform ➝ UnderperformHigh
3/19/2020BarclaysDowngradeOverweight ➝ UnderweightHigh
3/17/2020Evercore ISIDowngradeSellHigh
3/17/2020Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
3/16/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$200.00 ➝ $25.00High
3/11/2020Tudor PickeringDowngradeBuy ➝ HoldHigh
3/9/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
3/9/2020Evercore ISIDowngradeOutperform ➝ UnderperformHigh
2/24/2020StephensLower TargetEqual Weight$150.00 ➝ $125.00High
1/14/2020Bernstein BankInitiated CoverageUnderperform$75.00High
1/13/2020Sanford C. BernsteinInitiated CoverageUnderperform$75.00Medium
1/9/2020Wells Fargo & CompanyBoost TargetUnderweight$75.00 ➝ $100.00Low
12/3/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral$162.50 ➝ $100.00High
11/3/2019BarclaysReiterated RatingBuy$150.00High
10/7/2019Morgan StanleyLower TargetOverweight$250.00 ➝ $150.00Medium
10/1/2019CitigroupLower TargetNeutral$125.00 ➝ $112.50High
9/26/2019BarclaysInitiated CoverageOverweight$175.00High
9/25/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$450.00 ➝ $175.00Medium
9/12/2019Wells Fargo & CompanyDowngradeOutperform ➝ Underperform$100.00High
8/28/2019Bank of AmericaDowngradeBuy ➝ NeutralHigh
7/31/2019Susquehanna BancsharesSet TargetHold$150.00N/A
7/12/2019Morgan StanleyLower TargetOverweight$300.00 ➝ $250.00High
7/2/2019CitigroupSet TargetHold$150.00Low
6/20/2019AltaCorp CapitalReiterated RatingSector PerformMedium
3/14/2019CitigroupDowngradeBuy ➝ NeutralMedium
3/12/2019CitigroupLower TargetBuy ➝ Buy$400.00 ➝ $335.00Low
3/10/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$200.00Medium
2/28/2019Societe GeneraleSet TargetBuy$200.00Low
2/27/2019ArgusDowngradeHold ➝ SellMedium
1/17/2019CowenDowngradeOutperform ➝ Market Perform$137.50High
1/9/2019Susquehanna BancsharesDowngradePositive ➝ NeutralHigh
12/13/2018Raymond JamesDowngradeStrong-Buy ➝ Market Perform$137.50High
12/11/2018JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
11/8/2018Piper Jaffray CompaniesSet TargetHold$350.00High
11/6/2018Jefferies Financial GroupReiterated RatingBuy$400.00Medium
11/1/2018BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$375.00 ➝ $325.00Low
10/17/2018Bank of AmericaInitiated CoverageBuy ➝ BuyHigh
10/12/2018GuggenheimReiterated RatingBuy$550.00Low
10/12/2018CowenReiterated RatingBuy$550.00Low
10/10/2018Wolfe ResearchInitiated CoverageOutperform ➝ OutperformHigh
10/3/2018Piper Jaffray CompaniesSet TargetHold$400.00High
9/20/2018Royal Bank of CanadaSet TargetBuy$600.00Low
8/8/2018GuggenheimReiterated RatingBuy$650.00Low
8/7/2018Piper Jaffray CompaniesSet TargetHold$450.00Low
8/3/2018Societe GeneraleUpgradeHold ➝ Buy$350.00Low
7/12/2018BMO Capital MarketsSet TargetHold$400.00High
7/12/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$450.00Medium
7/11/2018CitigroupLower TargetBuy ➝ Buy$500.00 ➝ $450.00High
6/29/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$400.00Medium
5/8/2018CitigroupBoost TargetBuy ➝ Buy$475.00High
4/13/2018CowenReiterated RatingBuy$500.00High
4/11/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$425.00 ➝ $450.00High
1/17/2018JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$450.00Low
1/11/2018CowenSet TargetBuy$450.00Medium
1/9/2018StephensInitiated CoverageEqual ➝ Equal Weight$400.00High
12/21/2017Royal Bank of CanadaSet TargetBuy$400.00Low
11/8/2017Bank of AmericaLower TargetBuy$425.00 ➝ $400.00N/A
11/8/2017Jefferies Financial GroupUpgradeHold ➝ Buy$309.50 ➝ $450.00N/A
10/27/2017UBS GroupLower TargetBuy$550.00 ➝ $500.00N/A
10/27/2017BMO Capital MarketsSet TargetHold$300.00N/A
10/27/2017Piper Jaffray CompaniesReiterated RatingHold$475.00N/A
10/26/2017Credit Suisse GroupSet TargetBuy$450.00 ➝ $400.00N/A
10/26/2017Morgan StanleyLower TargetEqual Weight$450.00 ➝ $425.00N/A
10/26/2017CowenSet TargetBuy$525.00 ➝ $450.00N/A
10/18/2017CowenSet TargetBuy$550.00N/A
10/10/2017Deutsche Bank AktiengesellschaftInitiated CoverageHold$450.00N/A
10/6/2017Royal Bank of CanadaReiterated RatingOutperform$700.00 ➝ $600.00N/A
(Data available from 10/6/2017 forward)

News Sentiment Rating

0.45 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
3/10/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/9/2022
  • 5 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/9/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
6/8/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/8/2022
  • 2 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/7/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/6/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/6/2022

Current Sentiment

  • 1 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Nabors Industries logo
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
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Today's Range

Now: $130.37
Low: $128.25
High: $131.44

50 Day Range

MA: $125.17
Low: $94.40
High: $147.53

52 Week Range

Now: $130.37
Low: $72.46
High: $207.67

Volume

1,529 shs

Average Volume

169,825 shs

Market Capitalization

$1.37 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.67

Frequently Asked Questions

What sell-side analysts currently cover shares of Nabors Industries?

The following Wall Street sell-side analysts have issued stock ratings on Nabors Industries in the last twelve months: Barclays PLC, Capital One Financial Co., Citigroup Inc., Morgan Stanley, Royal Bank of Canada, StockNews.com, Susquehanna, and Susquehanna Bancshares, Inc..
View the latest analyst ratings for NBR.

What is the current price target for Nabors Industries?

5 Wall Street analysts have set twelve-month price targets for Nabors Industries in the last year. Their average twelve-month price target is $94.40, suggesting a possible downside of 27.6%. Barclays PLC has the highest price target set, predicting NBR will reach $180.00 in the next twelve months. Susquehanna Bancshares, Inc. has the lowest price target set, forecasting a price of $21.00 for Nabors Industries in the next year.
View the latest price targets for NBR.

What is the current consensus analyst rating for Nabors Industries?

Nabors Industries currently has 1 sell rating and 5 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NBR, but not buy more shares or sell existing shares.
View the latest ratings for NBR.

What other companies compete with Nabors Industries?

How do I contact Nabors Industries' investor relations team?

Nabors Industries' physical mailing address is 4 PAR-LA-VILLE ROAD SECOND FLOOR CROWN HOUSE, HAMILTON D0, HM08. The oil and gas company's listed phone number is (441) 292-1510 and its investor relations email address is [email protected] The official website for Nabors Industries is www.nabors.com. Learn More about contacing Nabors Industries investor relations.