Nabors Industries Ltd. (NBR) reported first-quarter 2026 revenue of $783.5 million, up 5.5% year-over-year, with gross profit of $290.1 million, down 1.8% year-over-year, and operating profit of $48.6 million, a decline of 188.9% year-over-year.
Balance sheet and cash-flow highlights:
The company reported cost of sales of $493.5 million, up 10.3% year-over-year. Revenue slightly exceeded the estimate of $782.9 million, and EPS came in better (less negative) than the estimate. Shares moved about -2.16% since market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Nabors Industries Ltd. Insider Trading Activity
Nabors Industries Ltd. insiders have traded $NBR stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NBR stock by insiders over the last 6 months:
- JOHN YEARWOOD purchased 6,410 shares for an estimated $500,747
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
Nabors Industries Ltd. Hedge Fund Activity
We have seen 98 institutional investors add shares of Nabors Industries Ltd. stock to their portfolio, and 78 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BRIGADE CAPITAL MANAGEMENT, LP removed 2,288,021 shares (-77.2%) from their portfolio in Q4 2025, for an estimated $124,239,540
- VARDE MANAGEMENT, L.P. removed 1,454,210 shares (-84.6%) from their portfolio in Q4 2025, for an estimated $78,963,603
- OAKTREE CAPITAL MANAGEMENT LP removed 737,112 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $40,025,181
- GENDELL JEFFREY L removed 251,917 shares (-42.4%) from their portfolio in Q4 2025, for an estimated $13,679,093
- APOLLO MANAGEMENT HOLDINGS, L.P. removed 191,060 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $10,374,558
- MORGAN STANLEY removed 136,018 shares (-24.8%) from their portfolio in Q4 2025, for an estimated $7,385,777
- MARSHALL WACE, LLP added 108,447 shares (+446.9%) to their portfolio in Q4 2025, for an estimated $5,888,672
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Nabors Industries Ltd. Analyst Ratings
Wall Street analysts have issued reports on $NBR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 12/18/2025
To track analyst ratings and price targets for Nabors Industries Ltd., check out Quiver Quantitative's $NBR forecast page.
Nabors Industries Ltd. Price Targets
Multiple analysts have issued price targets for $NBR recently. We have seen 6 analysts offer price targets for $NBR in the last 6 months, with a median target of $84.5.
Here are some recent targets:
- Daniel Kutz from Morgan Stanley set a target price of $100.0 on 04/15/2026
- Derek Podhaizer from Piper Sandler set a target price of $84.0 on 04/15/2026
- Charles Minervino from Susquehanna set a target price of $85.0 on 04/07/2026
- Scott Gruber from Citigroup set a target price of $89.0 on 04/01/2026
- Eddie Kim from Barclays set a target price of $65.0 on 02/25/2026
- Keith Mackey from RBC Capital set a target price of $77.0 on 02/13/2026
