Nabors Industries Ltd. (NBR) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Hold
Based on 44 analysts11.7% Below Target
NBR trades 11.7% below Wall Street's consensus target of $87.20.
Current Price$78.09
Average Target$87.20
Target
Current
Low$70.00
Median$84.00
High$105.00
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth-111.6%
(Declining)
Analyst Spread40.1%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes NBR achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 44 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
NBR Price Target Analysis
Updated July 8, 2026As of July 8, 2026, Nabors Industries Ltd. (NBR) has a Wall Street consensus price target of $87.20, based on estimates from 44 covering analysts. With the stock currently trading at $78.09, this represents a potential upside of +11.7%. The company has a market capitalization of $1.16B.
Analyst price targets range from a low of $70.00 to a high of $105.00, representing a 40% spread in expectations. The median target of $84.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 16 analysts rating the stock as a Buy or Strong Buy,22 rating it Hold, and 6 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, NBR trades at a trailing P/E of 4.6x. Analysts expect EPS to grow -111.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $34.10, with bear and bull scenarios of $21.48 and $44.93 respectively. Model confidence stands at 36/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+30.2%
Industry Consensus
Avg Forward P/E
15.4x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 HPHelmerich & Payne, Inc. | $3.2B | $31.83 | $39.43 | +23.9% | Hold | — | 43 |
 PDPagerDuty, Inc. | $938M | $10.28 | $11.33 | +10.2% | Hold | 9.1x | 23 |
 PTENPatterson-UTI Energy, Inc. | $3.5B | $9.15 | $12.43 | +35.8% | Buy | — | 53 |
 KRPKimbell Royalty Partners, LP | $1.4B | $14.82 | $20.00 | +35.0% | Buy | 19.3x | 18 |
 SLBSLB N.V. | $69.4B | $46.42 | $60.85 | +31.1% | Buy | 18.0x | 66 |
 HALHalliburton Company | $28.2B | $33.79 | $40.09 | +18.6% | Buy | 14.3x | 64 |
 BKRBaker Hughes Company | $54.0B | $54.47 | $73.20 | +34.4% | Buy | 22.8x | 45 |
 NINENine Energy Service, Inc. | $463M | $10.70 | $18.00 | +68.2% | Hold | 2.1x | 9 |
 KLXEKLX Energy Services Holdings, Inc. | $49M | $2.48 | — | — | — | — | — |
 NOVNOV Inc. | $6.6B | $18.28 | $21.00 | +14.9% | Hold | 22.0x | 58 |
NBR — Frequently Asked Questions
Quick answers to the most common questions about buying NBR stock.
What is the NBR stock price target for 2026?
Nabors Industries Ltd. (NBR) has a consensus 12-month price target of $87.2, implying 11.7% upside from $78.09. The 44 analysts covering NBR see moderate appreciation potential.
Is NBR a buy, sell, or hold?
NBR has a consensus rating of "Hold" based on 44 Wall Street analysts. The rating breakdown is mixed, with 22 Hold ratings making up the largest segment. The consensus 12-month price target of $87.2 implies 11.7% upside from current levels.
Is NBR stock overvalued or undervalued?
NBR's current price is $78.09 with a consensus target of $87.2 (11.7% implied move). Analyst estimates suggest the stock is undervalued at current levels.
How high can NBR stock go?
The most bullish Wall Street analyst has a price target of $105 for NBR, while the most conservative target is $70. The consensus of $87.2 represents the median expectation. Our quantitative valuation model projects a bull case target of $45 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover NBR stock?
NBR is heavily covered by Wall Street, with 44 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 22 recommend Hold, and 6 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NBR stock forecast?
The 12-month NBR stock forecast based on 44 Wall Street analysts shows a consensus price target of $87.2, with estimates ranging from $70 (bear case) to $105 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $34, with bear/bull scenarios of $21/$45.
What is NBR's fair value based on fundamentals?
Our quantitative valuation model calculates NBR's fair value at $34 (base case), with a bear case of $21 and bull case of $45. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 36/100.
Should I buy NBR stock?
Wall Street analysts are optimistic on NBR, with a "Hold" consensus rating and $87.2 price target (11.7% upside). 16 of 44 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do NBR price targets vary so much?
NBR analyst price targets range from $70 to $105, a 40% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $87.2 consensus represents the middle ground. Our model's $21-$45 range provides an independent fundamental perspective.
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