Nabors Industries (NBR) Projected to Post Quarterly Earnings on Tuesday

Nabors Industries (NYSE:NBRGet Free Report) is expected to announce its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect the company to announce earnings of ($2.2521) per share and revenue of $772.3750 million for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 11:00 AM ET.

Nabors Industries (NYSE:NBRGet Free Report) last announced its earnings results on Wednesday, February 11th. The oil and gas company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.93) by $3.10. The company had revenue of $797.53 million for the quarter, compared to analyst estimates of $795.82 million. Nabors Industries had a negative return on equity of 17.63% and a net margin of 8.92%.The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($6.67) earnings per share. On average, analysts expect Nabors Industries to post $-6 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Nabors Industries Stock Down 0.8%

Shares of NYSE NBR opened at $78.87 on Tuesday. The business’s 50 day moving average is $79.07 and its two-hundred day moving average is $62.55. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 4.78 and a beta of 0.87. The company has a quick ratio of 1.47, a current ratio of 1.56 and a debt-to-equity ratio of 2.22. Nabors Industries has a 52-week low of $23.27 and a 52-week high of $92.38.

Hedge Funds Weigh In On Nabors Industries

A number of institutional investors and hedge funds have recently modified their holdings of the company. Adage Capital Partners GP L.L.C. grew its stake in shares of Nabors Industries by 62.6% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 1,260,000 shares of the oil and gas company’s stock worth $68,418,000 after purchasing an additional 485,000 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Nabors Industries by 15.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 485,346 shares of the oil and gas company’s stock valued at $26,354,000 after acquiring an additional 66,640 shares during the last quarter. State Street Corp grew its holdings in shares of Nabors Industries by 6.1% during the fourth quarter. State Street Corp now owns 407,013 shares of the oil and gas company’s stock worth $22,101,000 after purchasing an additional 23,326 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Nabors Industries by 13.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 315,086 shares of the oil and gas company’s stock worth $17,110,000 after purchasing an additional 37,109 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Nabors Industries by 7.6% during the fourth quarter. Van ECK Associates Corp now owns 278,743 shares of the oil and gas company’s stock worth $15,135,000 after purchasing an additional 19,701 shares in the last quarter. Institutional investors and hedge funds own 81.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on NBR shares. UBS Group set a $70.00 price target on shares of Nabors Industries in a research note on Friday, February 13th. Citigroup boosted their price target on shares of Nabors Industries from $85.00 to $89.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 1st. Barclays boosted their price target on shares of Nabors Industries from $50.00 to $65.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 25th. Wall Street Zen downgraded shares of Nabors Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Morgan Stanley restated an “overweight” rating and issued a $100.00 price target (up from $80.00) on shares of Nabors Industries in a research note on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Nabors Industries has a consensus rating of “Hold” and an average price target of $74.38.

Check Out Our Latest Report on NBR

About Nabors Industries

(Get Free Report)

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land?based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full?service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.

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Earnings History for Nabors Industries (NYSE:NBR)

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