Wall Street predicts Nabors Industries Ltd (NBR) stock to surge by 112.52%

At the time of writing, Nabors Industries Ltd [NBR] stock is trading at $35.29, up 6.42%. 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 15.93% over the last week, with a monthly amount glided 25.28%, 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.

For the past year, the stock price of Nabors Industries Ltd fluctuated between $23.27 and $105.96. Currently, Wall Street analysts expect the stock to reach $75 within the next 12 months. Nabors Industries Ltd [NYSE: NBR] shares were valued at $35.29 at the most recent close of the market. An investor can expect a potential return of 112.52% based on the average NBR price forecast.

Analyzing the NBR fundamentals

According to Nabors Industries Ltd [NYSE:NBR], the company’s sales were 2.93B for trailing twelve months, which represents an 0.34% jump. 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 33.81 points at the first support level, and at 32.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.16, and for the 2nd resistance point, it is at 37.03.

Ratios To Look Out For

It is important to note that Nabors Industries Ltd [NYSE:NBR] has a current ratio of 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 0.19, the price to book ratio is 1.50.

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