UBS Group Has Lowered Expectations for National Energy Services Reunited (NASDAQ:NESR) Stock Price

National Energy Services Reunited (NASDAQ:NESR) had its target price lowered by stock analysts at UBS Group from $46.00 to $40.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group‘s price target would indicate a potential upside of 96.27% from the company’s previous close.

NESR has been the subject of a number of other reports. Piper Sandler dropped their price target on National Energy Services Reunited from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Friday, October 2nd. Citigroup reissued a “buy” rating on shares of National Energy Services Reunited in a research note on Monday, August 10th. Wall Street Zen lowered shares of National Energy Services Reunited from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 3rd. Zacks Research downgraded shares of National Energy Services Reunited from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. Finally, BMO Capital Markets started coverage on shares of National Energy Services Reunited in a report on Thursday, October 1st. They set an “outperform” rating and a $39.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $39.12.

National Energy Services Reunited Price Performance

NESR stock traded up $0.83 during trading on Tuesday, reaching $20.38. 2,394,847 shares of the company were exchanged, compared to its average volume of 2,159,708. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 22.15, a P/E/G ratio of 0.25 and a beta of 0.57. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.86. The company has a 50-day moving average of $26.26 and a two-hundred day moving average of $25.55. National Energy Services Reunited has a twelve month low of $12.77 and a twelve month high of $36.94.

National Energy Services Reunited (NASDAQ:NESR) last issued its earnings results on Monday, November 9th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.02. The firm had revenue of $504.73 million for the quarter, compared to analyst estimates of $495.93 million. National Energy Services Reunited had a net margin of 5.77% and a return on equity of 12.07%. As a group, equities analysts predict that National Energy Services Reunited will post 1.66 earnings per share for the current fiscal year.

Insider Activity at National Energy Services Reunited

In related news, Director Mejia Antonio J. Campo sold 63,324 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $35.45, for a total transaction of $2,244,835.80. Following the completion of the sale, the director owned 696,398 shares of the company’s stock, valued at $24,687,309.10. This trade represents a 8.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sherif Foda sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $35.00, for a total value of $3,500,000.00. Following the sale, the chief executive officer directly owned 3,084,643 shares of the company’s stock, valued at $107,962,505. This represents a 3.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 176,894 shares of company stock worth $6,221,414 in the last 90 days. Corporate insiders own 9.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in National Energy Services Reunited by 103.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,960,587 shares of the company’s stock worth $42,088,000 after acquiring an additional 997,300 shares during the last quarter. Voya Investment Management LLC lifted its position in shares of National Energy Services Reunited by 16.4% during the third quarter. Voya Investment Management LLC now owns 1,719,177 shares of the company’s stock valued at $43,787,000 after purchasing an additional 242,014 shares in the last quarter. Walleye Capital LLC bought a new position in shares of National Energy Services Reunited during the first quarter valued at about $19,045,000. Arrowstreet Capital Limited Partnership lifted its position in shares of National Energy Services Reunited by 75.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 846,597 shares of the company’s stock valued at $18,176,000 after purchasing an additional 365,217 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in National Energy Services Reunited by 29.1% during the third quarter. Russell Investments Group Ltd. now owns 646,342 shares of the company’s stock worth $16,462,000 after purchasing an additional 145,850 shares during the last quarter. 15.55% of the stock is owned by institutional investors.

National Energy Services Reunited News Summary

Here are the key news stories impacting National Energy Services Reunited this week:

• Positive Sentiment: Q3 2026 adjusted earnings were $0.38 per share, above the $0.36 consensus and up from $0.16 a year earlier. Revenue of $504.7 million also exceeded estimates of $495.9 million. Zacks Q3 earnings report
• Positive Sentiment: NESR set a roughly $2 billion revenue target for 2026 and approved its first dividend, $0.10 per share quarterly ($0.40 annualized). It is also refinancing $747 million in facilities; the revenue target and shareholder return may support sentiment, while refinancing terms remain relevant. Revenue target, dividend and refinancing
• Negative Sentiment: UBS cut its price target to $40 from $46, and Barclays lowered its target to $37 from $41. Both maintained positive ratings—Buy and Overweight, respectively—but the reductions may signal more cautious expectations and weigh on shares. UBS target update Barclays target update

About National Energy Services Reunited

National Energy Services Reunited Corp. (NESR) provides oilfield services to exploration and production companies. Its offerings support drilling, well construction and the production and maintenance of oil and gas wells. The company’s services include drilling and evaluation work, such as directional drilling and wireline services, as well as production services including well intervention, stimulation and artificial lift. Its work is designed to help customers develop and operate energy resources throughout the life of a well.