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Nabors Industries LTD (NBR) stock

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NYSE: NBR NYSE Oil & Gas Drilling Next results ~February 10, 2027

Nabors Industries LTD is a US-listed company in the oil & gas drilling industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$170

Valuation models combined (2)

Base case. Range ~$93–$320. Weighted average of 2 models (forward price-to-earnings vs peers, forward price-to-sales vs peers).

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Nabors Industries LTD valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds147 adding, 96 cuttingOf 42 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~February 10, 2027 (estimated)

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 38% in the quarter to 2026-09-30.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 29.6% over 90 days.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 52% and a beta of 0.4 against the S&P 500.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
-$1.24 against an average estimate of -$0.90: missed by 38.5%
Share reaction
+9.2% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Next report
October 27, 2026; average EPS estimate $0.45

Nabors Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-6.7%
  • 1 week+2.9%
  • 1 month+6.3%
  • This year+55.9%
  • 1 year+74.5%
  • 5 years-17.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results
October 27, 2026
Next results (est.)
February 10, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Share issue
  4. Agreement
  5. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Nabors Industries LTD valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Nabors Industries LTD as an operating company, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.92 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: no revenue, margin or share count to start from
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$93 ~$74–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: no twelve-month earnings or share count in the filings yet
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: no twelve-month earnings or share count in the filings yet
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$320 ~$220–$500 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$170 ~$93–$320 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Nabors Industries LTD with Oil & Gas Drilling in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$4.60 −127% $3.4bn +6%
Next $4.68 +202% $3.7bn +9%

Next year's EPS estimate has moved +29.6% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +10.0% on 90 days ago. In the last 30 days, 1 analyst raised Nabors Industries LTD's forecast and 0 cut it.

Consensus EPS forecast Nabors Industries LTD, last 90 days
−$5.00 $0.00 $5.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$4.18 Current fiscal year, 60 days ago: −$4.18 Current fiscal year, 30 days ago: −$4.18 Current fiscal year, 7 days ago: −$4.17 Current fiscal year, Now: −$4.60 −$4.60 Next fiscal year, 90 days ago: $3.61 Next fiscal year, 60 days ago: $3.61 Next fiscal year, 30 days ago: $3.61 Next fiscal year, 7 days ago: $4.00 Next fiscal year, Now: $4.68 $4.68

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$4.18$3.61
60 days ago −$4.18$3.61
30 days ago −$4.18$3.61
7 days ago −$4.17$4.00
Now −$4.60$4.68

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 −$0.90 −$1.24 −38.5%
Jun 2026 −$1.28 −$2.04 −59.4%
Mar 2026 −$2.67 −$1.54 +42.3%
Dec 2025 −$0.96 $0.17 +117.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

8 analysts, Oct 2026
Buy225%
Hold563%
Sell113%

Monthly trend

  1. Oct 20262518
  2. Sep 20262518
  3. Aug 20262518
  4. Jul 20262518

Counts of recommendations published by analysts covering Nabors Industries LTD, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.7%
of tradable shares
Days to cover
4.77
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
84%
of shares
Held by insiders
5.2%
of shares
Employees
13,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
NBR+39%+91%−47%−30%−5%+56%
Industry peers (median)+23%+95%+30%−32%−3%+51%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
NBR50%58%33%42%75%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
NBR−49%−53%−59%−50%−64%−32%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 99% from January 11, 2017 to April 22, 2020. Getting back needed a 7783% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$46.19 – $110.63
From 52-week high
−23.5%
vs 50-day average
−0.1%
vs 200-day average
0.0%
Volatility (1 year)
52%
Beta vs S&P 500
0.42

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±6.9%
After a week
7 up, 4 down
typical move ±9.7%
After a month
7 up, 4 down
typical move ±7.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 +9.2% +0.9% — —
July 28, 2026 +0.8% −1.3% +6.3% +11.2%
April 28, 2026 +14.9% −0.5% +16.1% +2.8%
February 11, 2026 −6.5% −1.6% +12.1% +12.1%
January 15, 2026 −2.2% +0.2% +2.4% +13.3%
October 28, 2025 +10.0% +0.3% +9.6% +5.5%
July 29, 2025 −3.1% −0.4% −3.7% +2.6%
April 29, 2025 −8.7% +0.7% −10.3% −10.1%
February 13, 2025 −11.8% +1.1% −19.2% −17.9%
October 22, 2024 −5.9% −1.0% −1.8% −2.7%
July 23, 2024 +9.3% −2.4% +20.4% −5.2%
July 17, 2024 −0.4% −2.2% +4.7% +0.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms . Generated November 3, 2026. Definitions in our methodology.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
International Excluding Canada $1.6B 50.2% ▲ 10.5%
United States $977M 30.7% ▼ 5.0%
Drilling Solutions $513M 16.1% ▲ 63.4%
Rig Technologies $154M 4.8% ▼ 23.6%
All Other Segments -$57M -1.8% —
Geography
Region Revenue YoY
Outside the US $1.9B ▲ 13.9%
United States $1.3B ▲ 2.0%
Middle East and Asia $1.3B ▲ 9.3%
Lower48 $1.1B ▼ 4.7%
SA $1B ▲ 7.8%
Latin America $465M ▲ 3.7%
Europe Africa and Cis $146M ▲ 59.4%
AK $125M ▲ 146.6%
United States Offshore $123M ▲ 5.2%
Canada $55.1M ▲ 574.1%

These categories overlap or exclude eliminations, so shares aren't shown.

From Nabors Industries LTD's 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1B
Institutions reporting
244
Shares held vs prior quarter
▲ 8.7%
Positions opened / closed
45 / 33

Top buyers and sellers, Q2 2026: 147 institutions bought and 96 sold ; the biggest buyer was Engineers Gate Manager LP (+389K shares) and the biggest seller Adage Capital Partners Gp, L.L.C (−320K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $110M 1.3M 10.8% ▲ 0.9%
Vanguard Capital Management LLC $55.9M 665K 5.5% ▲ 5.7%
American Century Companies Inc $53.8M 640K 5.3% ▲ 26.6%
Dimensional Fund Advisors LP $49.3M 587K 4.8% ▲ 31.0%
State Street Corp $40.7M 485K 4.0% ▲ 4.2%
Vanguard Portfolio Management LLC $38.7M 460K 3.8% ▲ 20.0%
Miller Value Partners, LLC $37.4M 445K 3.7% ▲ 0.2%
Adage Capital Partners Gp, L.L.C. $35.3M 420K 3.5% ▼ 43.2%
Geode Capital Management, LLC $35.1M 418K 3.4% ▲ 18.9%
Engineers Gate Manager LP $34.8M 415K 3.4% ▲ 1518.1%
Charles Schwab Investment Management Inc $31.7M 378K 3.1% ▼ 19.9%
Gendell Jeffrey L $29.3M 348K 2.9% ▲ 1.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Nabors Industries LTD's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Nabors Industries LTD disclosed in the last 12 months; 3 earlier trades on record.

  • Chris Jacobs(R-NY 27):Sale (full), $15,001 - $50,000, traded June 16, 2022, filed July 28, 2022
  • Chris Jacobs(R-NY 27):Purchase, $1,001 - $15,000, traded April 11, 2022, filed May 19, 2022
  • Thomas MacArthur(NJ):Sale (full), $1,001 - $15,000, traded May 27, 2015, filed June 7, 2015

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 10, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 28, 2026
  • April 28, 2026
  • February 11, 2026
  • January 15, 2026
  • October 28, 2025

Recent SEC filings

Data status

When each part of this page on Nabors Industries LTD was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Nabors Industries LTD in brief

What does Nabors Industries LTD do?
Nabors Industries LTD is a US-listed company in the oil & gas drilling industry. Its financial year ends in December.
What is Nabors Industries LTD's stock ticker?
Nabors Industries LTD trades under the ticker NBR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Nabors Industries LTD's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
When is Nabors Industries LTD's next earnings date?
Around February 10, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Nabors Industries LTD announces its own schedule.