Nabors Industries (NYSE:NBR – Get Free Report) is projected to issue its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Nabors Industries to announce earnings of ($0.1588) per share and revenue of $859.20 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:00 AM ET.
Nabors Industries (NYSE:NBR – Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The oil and gas company reported ($2.04) EPS for the quarter. Nabors Industries had a negative return on equity of 7.06% and a net margin of 7.64%. The company had revenue of $814.79 million for the quarter. On average, analysts expect Nabors Industries to post ($3.54) EPS for the current fiscal year and $2.25 EPS for the next fiscal year.
Nabors Industries Trading Up 4.1%
Shares of NBR opened at $80.98 on Friday. Nabors Industries has a twelve month low of $44.04 and a twelve month high of $112.90. The company has a current ratio of 1.89, a quick ratio of 1.75 and a debt-to-equity ratio of 2.24. The firm has a market capitalization of $1.29 billion, a P/E ratio of 6.03 and a beta of 1.11. The firm’s 50-day moving average is $85.51 and its two-hundred day moving average is $88.12.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on NBR. Wall Street Zen lowered Nabors Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Barclays set a $93.00 price objective on Nabors Industries and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Morgan Stanley set a $110.00 price objective on Nabors Industries in a report on Thursday, August 20th. Piper Sandler reaffirmed an “overweight” rating and set a $130.00 price objective (up from $120.00) on shares of Nabors Industries in a report on Thursday, July 30th. Finally, Zacks Research downgraded Nabors Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $103.43.
Check Out Our Latest Research Report on Nabors Industries
Insider Activity
In other Nabors Industries news, Director David Tudor sold 3,200 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $92.30, for a total value of $295,360.00. Following the sale, the director owned 5,264 shares of the company’s stock, valued at $485,867.20. This represents a 37.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 5.32% of the stock is owned by company insiders.
About Nabors Industries
Nabors Industries Ltd. is a global provider of drilling and well-construction services to the oil and gas industry. The company operates land-based drilling rigs and offshore drilling units, serving exploration and production companies developing conventional and unconventional oil and natural gas resources.
Its services and products include contract drilling, directional drilling, measurement-while-drilling and logging-while-drilling technologies, wellbore placement, and drilling-related equipment.
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