Nabors Industries Ltd (NBR) stock hits $34.66: Is it a good time to buy or wait for a dip?

Nabors Industries Ltd [NBR] stock prices are up 7.44% to $34.66 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NBR shares have gain 14.62% over the last week, with a monthly amount glided 13.38%, 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 July 15, 2025, when Piper Sandler initiated its Underweight rating and assigned the stock a price target of $30. Previously, Barclays downgraded its rating to Underweight on May 19, 2025, and kept the price target unchanged to $28. On September 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $75 on the stock. The Benchmark Company downgraded its rating to a Hold. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $175 on October 17, 2023. The Benchmark Company upgraded its rating to Buy for this stock on July 19, 2023. In a note dated May 09, 2023, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $250 to $150.

The stock price of Nabors Industries Ltd [NBR] has been fluctuating 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 $34.66 at the most recent close of the market. An investor can expect a potential return of 116.39% based on the average NBR price forecast.

Analyzing the NBR fundamentals

The Nabors Industries Ltd [NYSE:NBR] reported sales of 2.93B for trailing twelve months, representing a surge 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 33.03 points at the first support level, and at 31.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.55, and for the 2nd resistance point, it is at 36.43.

Ratios To Look Out For

It’s worth pointing out that Nabors Industries Ltd [NYSE:NBR]’s Current Ratio is 1.80. On the other hand, the Quick Ratio is 1.62, and the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 1.47.

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