National Energy Services Reunited Corp. (NESR) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 6 analysts11.6% Below Target
NESR trades 11.6% below Wall Street's consensus target of $31.00.
Current Price$27.77
Average Target$31.00
Target
Current
Low$21.00
Median$33.00
High$36.00
Analyst Target Range
Forward P/E16.8x
(Fair)
PEG Ratio0.71
(Undervalued)
Implied Growth+163.0%
(High Growth)
Analyst Spread48.4%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes NESR achieves its forward estimates and maintains a stable P/E multiple of 16.8x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
NESR Price Target Analysis
Updated July 8, 2026As of July 8, 2026, National Energy Services Reunited Corp. (NESR) has a Wall Street consensus price target of $31.00, based on estimates from 6 covering analysts. With the stock currently trading at $27.77, this represents a potential upside of +11.6%. The company has a market capitalization of $2.80B.
Analyst price targets range from a low of $21.00 to a high of $36.00, representing a 48% spread in expectations. The median target of $33.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, NESR trades at a trailing P/E of 53.4x and forward P/E of 16.8x. The forward PEG ratio of 0.71 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +163.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $12.34, with bear and bull scenarios of $7.77 and $16.25 respectively. Model confidence stands at 38/100, 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
+35.4%
Industry Consensus
Avg Forward P/E
18.9x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 PTENPatterson-UTI Energy, Inc. | $3.5B | $9.15 | $12.43 | +35.8% | Buy | — | 53 |
 NINENine Energy Service, Inc. | $463M | $10.70 | $18.00 | +68.2% | Hold | 2.1x | 9 |
 KLXEKLX Energy Services Holdings, Inc. | $49M | $2.48 | — | — | — | — | — |
 OISOil States International, Inc. | $471M | $7.83 | $13.33 | +70.2% | Hold | 18.0x | 32 |
 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 |
 WTTRSelect Water Solutions, Inc. | $2.1B | $18.65 | $22.00 | +18.0% | Buy | 35.2x | 15 |
 ACDCProFrac Holding Corp. | $852M | $4.71 | $6.00 | +27.4% | Hold | — | 6 |
 NOVNOV Inc. | $6.6B | $18.28 | $21.00 | +14.9% | Hold | 22.0x | 58 |
NESR — Frequently Asked Questions
Quick answers to the most common questions about buying NESR stock.
What is the NESR stock price target for 2026?
National Energy Services Reunited Corp. (NESR) has a consensus 12-month price target of $31, implying 11.6% upside from $27.77. The 6 analysts covering NESR see moderate appreciation potential.
Is NESR a buy, sell, or hold?
NESR has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $31 implies 11.6% upside from current levels.
Is NESR stock overvalued or undervalued?
With a forward P/E of 16.8313x, NESR trades at a relatively low valuation. The consensus target of $31 implies 11.6% appreciation, suggesting meaningful undervaluation.
How high can NESR stock go?
The most bullish Wall Street analyst has a price target of $36 for NESR, while the most conservative target is $21. The consensus of $31 represents the median expectation. Our quantitative valuation model projects a bull case target of $16 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover NESR stock?
NESR is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NESR stock forecast?
The 12-month NESR stock forecast based on 6 Wall Street analysts shows a consensus price target of $31, with estimates ranging from $21 (bear case) to $36 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $12, with bear/bull scenarios of $8/$16.
What is NESR's fair value based on fundamentals?
Our quantitative valuation model calculates NESR's fair value at $12 (base case), with a bear case of $8 and bull case of $16. 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 38/100.
What is NESR's forward P/E ratio?
NESR trades at a forward P/E ratio of 16.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 53.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy NESR stock?
Wall Street analysts are optimistic on NESR, with a "Buy" consensus rating and $31 price target (11.6% upside). 5 of 6 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 NESR price targets vary so much?
NESR analyst price targets range from $21 to $36, a 48% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $31 consensus represents the middle ground. Our model's $8-$16 range provides an independent fundamental perspective.
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