Nabors Industries Ltd (NYSE:NBR) price on Friday, July 25, fall -0.39% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $33.16.
A look at the stock’s price movement, the close in the last trading session was $33.29, moving within a range at $32.05 and $33.3999. The beta value (5-Year monthly) was 1.53. Turning to its 52-week performance, $105.96 and $23.27 were the 52-week high and 52-week low respectively. Overall, NBR moved 20.89% over the past month.
Nabors Industries Ltd’s market cap currently stands at around $520.60 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Jun-04.
Analysts have a consensus estimate of 845.37M for the company’s revenue for the quarter, with a low and high estimate of 809.8M and 910.4M respectively. The average forecast suggests up to a 15.05% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.24B, representing a 10.71% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NBR is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 4 recommend NBR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NBR’s current price about 4.18% and 8.42% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.69, while 7-day volatility ratio is 6.50% and 6.60% in the 30-day chart. Further, Nabors Industries Ltd (NBR) has a beta value of 1.52. Analysts have given the company’s stock an average 52-week price target of $75, forecast between a low of $75 and high of $75. Looking at the price targets, the low is -126.18% off current price level while to achieve the yearly target high, price needs to move -126.18%. Nonetheless, investors will most likely welcome a -126.18% jump to $75 which is the analysts’ median price.
If we refocus on Nabors Industries Ltd (NYSE:NBR), historical trading data shows that trading volumes averaged 0.5 over the past 10 days and 495.52K over the past 3 months. The company’s latest data on shares outstanding shows there are 14.53 million shares.
The 6.86% of Nabors Industries Ltd’s shares are in the hands of company insiders while institutional holders own 118.53% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.16 million on 2025-07-15, giving us a short ratio of 3.91. The data shows that as of 2025-07-15 short interest in Nabors Industries Ltd (NBR) stood at 1655.9999999999998 of shares outstanding, with shares short rising to 2.03 million registered in 2025-06-13. Current price change has pushed the stock -59.06% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NBR stock continues to rise going into the next quarter.
