NYSE: NBR

Nabors Industries (NBR) Stock Analysis & Forecast

Oct 12 close

$79.20−1.47 (−1.8%)

Gekko Brief

AI summaryOct 12 close

Analyst commentary dominates the week's news on Nabors. Susquehanna's Charles Minervino raised his price target from $85 to $91, sending the stock up as much as 5.4% on 5 October, and SIG followed by maintaining its Hold rating while also lifting its target to $91. A separate report puts the average 12-month price target at $103.43 against a consensus Hold rating, with an opening price of $80.71. Despite this run of target increases, shares fell 2.33% on 6 October to $81.22 ahead of the scheduled Q3 2026 release on 27 October, and one report also pointed to Nabors' work on Project Obsidian and drilling for Quaise Energy as part of the past year's 86.5% rise.

NBR closes at $79.20, down 1.8%, sitting between its 50-day average of $86.74 and 200-day average of $82.96, with a 52-week range of $36.66 to $112.90. The GekkoIndex reads 63.8, placing the stock in the Accumulation zone, while price sits 41.2% below the Gekko Fair Value of $134.79.

Earnings are due 27 October, 15 days away, falling inside a typical 20-trading-day holding window; the prior quarter saw an EPS miss of -2.04 against a -1.54 estimate with a 0.8% reaction, and average absolute reactions have run 7.5% across the last eight quarters. Seasonality from this point in the calendar has averaged +14.3% over the next 20 trading days across 5 years, rising in 3 of them. Analyst coverage shows 2 buy, 4 hold and 1 sell ratings among 7 firms, with a consensus target of $107.38.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Nabors Industries price vs fair value

▲$134.79$79.20Oct ’25Apr ’26Oct ’26
Close $79.20200-day averageGekko Fair Value $134.79

Nabors Industries quick facts

Market cap
$1.17B
P/E ratio
6.2
Forward P/E
56.2
EPS, TTM
$13.12
Revenue, TTM
$3.21B
Profit margin
7.7%
Dividend yield
—
Beta
1.13
Volume
143,508 avg 205,787
1-year return
+89.9%
Typical daily move
±3.8%
Typical 20-day move
±12.1%
50-day average
$86.74
200-day average
$82.96
Next earnings
Oct 27
Shares outstanding
15.19M
52-week range
$36.66$112.90

Nabors Industries swing-trade checklist

Nabors Industries scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $79.20 sits between the 50-day ($86.74) and 200-day ($82.96) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    63.8, Accumulation

    Reading 63.8 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    41.2% below

    Price is 41.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 15 days

    Reports on Oct 27, 2026, 15 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +14.3% on average

    From this point in the calendar, the next 20 trading days averaged +14.3% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Nabors Industries stock chart and price history

Nabors Industries closed at $79.20 on Oct 12, 2026, +89.9% over the past year, inside a 52-week range of $36.66 to $112.90.

Close50-day average200-day averageVolume
Nabors Industries share price, past year, with 50-day and 200-day moving averages and volume$40$60$100NovDecJan 2026FebMarAprMayJunJulAugSepOct79.20

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.6%
3 months
−5.2%
6 months
−6.4%
1 year
+89.9%
The full NBR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NBR in Gekko

Follow Nabors Industries through every session

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About Nabors Industries

Nabors Industries supplies drilling and related services to operators of oil and natural gas wells, working both on land and offshore, across the United States and in other countries. It is known for its fleet of land-based drilling rigs and marketed platform rigs, along with equipment and technical services that support well operations, including tubular running, torque monitoring, and managed pressure drilling.

The company's work is organized into four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Through these units it provides directional steering systems such as ROCKit and SmartSLIDE, the SmartNAV guidance platform, and RigCLOUD, a digital system that links applications to give real-time visibility into rig operations. It also manufactures and sells equipment including top drives, catwalks, wrenches, drawworks, robotic systems, and downhole tools, and offers aftermarket sales and service for equipment already in use.

Nabors Industries traces its founding to 1952 and is headquartered in Hamilton, Bermuda. Its shares are listed on the NYSE under the ticker NBR.

Listed
NYSE
Sector
Industrial services
Industry
Contract drilling
Website
nabors.com

Nabors Industries GekkoIndex: the smart money zone

Nabors Industries’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.8, in the Accumulation zone, up 0.3 points over five sessions.

010063.8Accumulation

Up 0.3 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying41+0.4%+2.3%+6.4%−15.8%
Accumulation (current zone)209+1.0%+1.4%+0.4%+1.7%
Neutral394+0.5%+0.6%+1.9%+7.3%
Distribution30−3.1%−3.4%−4.8%−0.2%
Selling8Too few readings yet

Average NBR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the NBR price, zone by zone.Track NBR in Gekko

Is Nabors Industries stock overvalued? Gekko Fair Value

Nabors Industries trades 41.2% below Gekko Fair Value of $134.79, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Nabors Industries shares are worth, recalculated every trading day.

$134.79

Gekko Fair Value, Oct 10, 2026

41.2% Undervalued

At the end of Aug 2026 the price was 5.5% below the estimate.

Gekko Fair ValueShare price, month end
$135$81Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open NBR in Gekko

Nabors Industries insider and Congress trading

No open-market insider purchases were filed for Nabors Industries, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for NBR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every NBR insider filing, plotted on the chart in Gekko.Open NBR in Gekko

Congress trades last 90 days

No trades in NBR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for NBR, plotted on the chart in Gekko.Open NBR in Gekko

Buybacks

Nabors Industries has been buying back its own shares.

Bought back, quarter ended Mar 31, 2026
$3.60M
As a share of market cap
0.31%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds NBR.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Nabors Industries earnings: next date and track record

Nabors Industries reports on Oct 27, 2026 (15 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±7.5%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−5.9%Oct ’24−10.4%Feb ’25−8.7%Apr ’25−3.1%Jul ’25+10.0%Oct ’25−6.5%Feb ’26+14.9%Apr ’26+0.8%Jul ’26

Last earnings call, Jul 28, 2026 AI summary

What they said
Nabors reported Q2 2026 adjusted EBITDA of $222 million, exceeding guidance across all four reporting segments. Daily margins expanded sequentially in Lower 48 and International Drilling. Key milestones include SANAD JV placing newbuild rigs into service, commissioning two PACE-X ultrarigs for a supermajor, and launching Canrig's Titan automated rig floor wrench. SANAD holds 28% market share in Saudi Arabia with 55 rigs operating.
Guidance
SANAD has 34 rigs remaining under its 50-rig newbuild program, providing a clear runway for earnings growth. Saudi land rig market continues recovering, up 35 rigs from Q3 2025 lows, with gas-focused drilling aligned to Saudi Aramco's expansion priorities.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 28, 2026−$2.04
est −$1.54
−32.5%$814.8M
est $809.3M
+0.7%+0.8%
Apr 28, 2026−$1.54
est −$1.96
+21.4%$783.5M
est $769.3M
+1.8%+14.9%
Feb 11, 2026$0.17
est −$2.93
+105.8%$797.5M
est $794.2M
+0.4%−6.5%
Oct 28, 2025$16.85
est −$1.65
+1,121.2%$818.2M
est $795.5M
+2.8%+10.0%
Jul 29, 2025−$2.71
est −$0.96
−183.7%$832.8M
est $855.8M
−2.7%−3.1%
Apr 29, 2025$2.18
est −$3.39
+164.4%$736.2M
est $718.0M
+2.5%−8.7%
Feb 12, 2025−$6.67
est −$1.60
−316.9%$729.8M
est $739.3M
−1.3%−10.4%
Oct 22, 2024−$4.15
est −$2.20
−88.6%$731.8M
est $743.2M
−1.5%−5.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Nabors Industries stock forecast and analyst price targets

Analysts’ average 12-month price target for Nabors Industries is $107.38, +35.6% from the last close, from 7 firms rating the stock in the last 90 days.

$107.38consensus 12-month target, +35.6% from the last close
Low $80High $120
Buy2
Hold4
Sell1

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 5SusquehannaHold, reiterated$91+14.9%
Sep 3CitiHold, maintained$110+38.9%
Aug 20Morgan StanleyBuy, reiterated$110+38.9%
Aug 5BarclaysHold, maintained$93+17.4%
Aug 4J.P. MorganSell, maintained$80+1.0%
+0.4%average 20-day move after past Accumulation readings
+14.3%average move over the next 20 trading days in the last 5 years
±3.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Nabors Industries seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Nabors Industries averaged +14.3% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−5.7%2021+44.4%2022−20.4%2023+7.1%2024+39.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+5.7%4 of 5
Next 10 trading days+8.1%4 of 5
Next 15 trading days+10.1%3 of 5
Next 20 trading days+14.3%3 of 5
Next 30 trading days+1.9%2 of 5

For scale, NBR’s typical 20-trading-day move in either direction is about 12.1%.

Nabors Industries market cap and key statistics

Nabors Industries’s market cap is $1.17B, with a P/E ratio of 6.2 and revenue of $3.21B over the last twelve months.

Valuation

Market cap
$1.17B
P/E ratio
6.2
Forward P/E
56.2
EPS, TTM
$13.12
Gekko Fair Value
$134.79

Trading

Volume
143,508
Avg volume, 20 days
205,787
52-week high
$112.90
52-week low
$36.66
Shares outstanding
15.19M

Financials

Revenue, TTM
$3.21B
Profit margin
7.7%
Return on equity
22.3%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
1.13
Typical daily move
±3.8%
Typical 20-day move
±12.1%

Nabors Industries stock news this week

Coverage of Nabors Industries this week reads positive: 2 positive, 2 neutral and 1 negative headlines.

News sentiment positive

Nabors Industries peers

Nabors Industries’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
SLBSLB−0.9%Accumulation11.7% below
BKRBaker Hughes−1.5%Accumulation5.4% below
NENoble Corporation plc A+0.4%Neutral39.9% below
VALValaris+0.2%Neutral9.6% above
RIGTransocean Ltd (Switzerland)−0.4%Neutral6.2% below
PTENPatterson-UTI Energy−1.3%Neutral4.8% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Nabors Industries stock FAQ

What is Nabors Industries’s market cap?

Nabors Industries’s market cap is $1.17B at the Oct 12, 2026 close of $79.20, with 15.19M shares outstanding. The shares trade on a P/E ratio of 6.2.

What is the Nabors Industries stock forecast?

The consensus analyst 12-month price target for Nabors Industries is $107.38, +35.6% from the last close. Of the 7 firms that rated the stock in the last 90 days, 2 rate it a buy, 4 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Nabors Industries stock overvalued or undervalued?

On Gekko’s estimate Nabors Industries is undervalued: the Oct 12, 2026 close of $79.20 is 41.2% below Gekko Fair Value of $134.79. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Nabors Industries report earnings next?

Nabors Industries is expected to report on Oct 27, 2026 (15 days away). Analysts expect earnings of −$0.16 per share on revenue of $858.8M. Nabors Industries beat the earnings estimate in 4 of its last 8 reports, moving 7.5% on average across the report.

What is Nabors Industries’s 52-week high and low?

Nabors Industries’s 52-week high is $112.90 and its 52-week low is $36.66; it closed at $79.20 on Oct 12, 2026, +89.9% over the past year. Over the last five years the shares peaked at $207.67 on Apr 18, 2022.

Is Nabors Industries stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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