Nabors Industries Ltd. (NBR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$99.43
Price Target
$81.00
Target Range
$50.00 — $105.00
Analyst Rating
Hold
Forward P/E—
Trailing P/E5.8x
Forward PEG—
Implied Growth-131.8%
Median Target$80.50
Analyst Spread67.9%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$50
-49.7%
Consensus
$81
-18.5%
Bull Case
$105
+5.6%
NBR Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Nabors Industries Ltd. (NBR) has a Wall Street consensus price target of $81.00, based on estimates from 44 covering analysts. With the stock currently trading at $99.43, this represents a potential downside of -18.5%. The company has a market capitalization of $1.59B.
Analyst price targets range from a low of $50.00 to a high of $105.00, representing a 68% spread in expectations. The median target of $80.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 16 analysts rating the stock as a Buy or Strong Buy,21 rating it Hold, and 7 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 5.8x. Analysts expect EPS to grow -131.8% over the next year.
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+22.3%
Avg Forward P/E18.4x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 HPHelmerich & Payne, Inc. | $4.0B | $39.83 | $36.86 | -7.5% | Hold | — | 43 |
 PDPagerDuty, Inc. | $629M | $6.85 | $14.80 | +116.1% | Hold | 6.1x | 23 |
 PTENPatterson-UTI Energy, Inc. | $4.4B | $11.58 | $11.00 | -5.0% | Buy | — | 53 |
 KRPKimbell Royalty Partners, LP | $1.4B | $14.59 | $17.00 | +16.5% | Buy | 15.9x | 18 |
 SLBSLB N.V. | $82.8B | $55.16 | $56.95 | +3.2% | Buy | 20.6x | 66 |
 HALHalliburton Company | $33.7B | $40.40 | $37.08 | -8.2% | Buy | 17.4x | 64 |
 BKRBaker Hughes Company | $66.1B | $66.65 | $72.00 | +8.0% | Buy | 27.8x | 45 |
 NINENine Energy Service, Inc. | $429M | $9.90 | $18.00 | +81.8% | Hold | — | 9 |
 KLXEKLX Energy Services Holdings, Inc. | $61M | $3.43 | — | — | — | — | — |
 NOVNOV Inc. | $7.3B | $20.18 | $19.38 | -4.0% | Hold | 22.7x | 58 |
Upside Potential Comparison
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Start ComparisonNBR — Frequently Asked Questions
Quick answers to the most common questions about buying NBR stock.
What is the NBR stock price target for 2026?
NBR's consensus price target is $81, -18.5% below the current price of $99.43. The 44 analysts tracking NBR see downside risk at present valuations.
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 21 Hold ratings making up the largest segment. The consensus 12-month price target of $81 implies -18.5% downside from current levels.
Is NBR stock overvalued or undervalued?
NBR's current price is $99.43 with a consensus target of $81 (-18.5% implied move). Analyst estimates suggest the stock is overvalued 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 $50. The consensus of $81 represents the median expectation. 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, 21 recommend Hold, and 7 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 $81, with estimates ranging from $50 (bear case) to $105 (bull case). The median consensus rating is "Hold".
Should I buy NBR stock?
Analysts are cautious on NBR, with 7 Sell ratings and a price target of $81 (-18.5% from current price). The "Hold" consensus suggests careful evaluation before buying. 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 $50 to $105, a 68% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $81 consensus represents the middle ground.