Nabors Industries Ltd [NBR] stock is trading at $34.19, up 7.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NBR shares have gain 22.02% over the last week, with a monthly amount glided 19.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nabors Industries Ltd [NYSE: NBR] stock has seen the most recent analyst activity on May 19, 2025, when Barclays downgraded its rating to a Underweight but kept the price target unchanged to $28 for it. Previously, Citigroup downgraded its rating to Neutral on September 13, 2024, and dropped its price target to $75. On January 16, 2024, downgrade downgraded it’s rating to Hold. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $175 on October 17, 2023. The Benchmark Company upgraded its rating to a Buy. Barclays downgraded its rating to Equal Weight for this stock on May 09, 2023, and downed its price target to $150. In a note dated April 18, 2023, Morgan Stanley upgraded an Equal-Weight rating on this stock and revised its target price from $175 to $165.
Nabors Industries Ltd [NBR] stock has fluctuated between $23.27 and $105.96 over the past year. Currently, Wall Street analysts expect the stock to reach $75 within the next 12 months. Nabors Industries Ltd [NYSE: NBR] shares were valued at $34.19 at the most recent close of the market. An investor can expect a potential return of 119.36% based on the average NBR price forecast.
Analyzing the NBR fundamentals
Nabors Industries Ltd [NYSE:NBR] reported sales of 2.93B for the trailing twelve months, which represents a growth of 0.34%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.5 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.84.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.43 points at the first support level, and at 30.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.30, and for the 2nd resistance point, it is at 36.41.
Ratios To Look Out For
For context, Nabors Industries Ltd’s Current Ratio is 1.80. Further, the Quick Ratio stands at 1.62, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.45.
