Nabors Industries Ltd. (NBR) reported fourth-quarter 2025 results with revenue of $805.1 million, up 9.0% year‑over‑year. Gross profit improved to $318.8 million (+4.4%), while operating profit decreased to $71.2 million (-2.5%). Net income attributable to common shareholders fell to $10.3 million (-119.3%), and diluted earnings per share were $0.17 (-102.6% YoY).
Key financials:
Cash flow and balance sheet highlights:
Market and analyst context: Revenue missed the consensus estimate of $816.6 million, while reported EPS beat the estimate of -$1.81. Shares fell 6.53% since market close following the release.
Overall, the quarter showed solid top‑line growth and stronger operating cash generation alongside a much larger cash balance, while profitability metrics were pressured and net income declined sharply year‑over‑year.
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 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $NBR stock by insiders over the last 6 months:
- PARTNERS INC VARDE has made 0 purchases and 2 sales selling 312,378 shares for an estimated $12,819,602.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Nabors Industries Ltd. Hedge Fund Activity
We have seen 82 institutional investors add shares of Nabors Industries Ltd. stock to their portfolio, and 77 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OAKTREE CAPITAL MANAGEMENT LP added 737,112 shares (+inf%) to their portfolio in Q3 2025, for an estimated $30,125,767
- BRIGADE CAPITAL MANAGEMENT, LP added 603,309 shares (+68.7%) to their portfolio in Q3 2025, for an estimated $24,657,238
- APOLLO MANAGEMENT HOLDINGS, L.P. removed 459,563 shares (-70.6%) from their portfolio in Q3 2025, for an estimated $18,782,339
- NOMURA HOLDINGS INC removed 316,112 shares (-92.7%) from their portfolio in Q3 2025, for an estimated $12,919,497
- GENDELL JEFFREY L added 300,000 shares (+101.8%) to their portfolio in Q3 2025, for an estimated $12,261,000
- CITADEL ADVISORS LLC removed 269,660 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $11,021,004
- GOLDMAN SACHS GROUP INC removed 169,797 shares (-58.5%) from their portfolio in Q4 2025, for an estimated $9,219,977
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
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 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 12/18/2025
- Barclays issued a "Underweight" rating on 09/22/2025
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 5 analysts offer price targets for $NBR in the last 6 months, with a median target of $64.0.
Here are some recent targets:
- Charles Minervino from Susquehanna set a target price of $64.0 on 01/07/2026
- Scott Gruber from Citigroup set a target price of $60.0 on 01/06/2026
- Derek Podhaizer from Piper Sandler set a target price of $65.0 on 12/18/2025
- Eddie Kim from Barclays set a target price of $50.0 on 12/17/2025
- Keith Mackey from RBC Capital set a target price of $66.0 on 10/30/2025
