Morgan Stanley keeps USD 110.00 target for Nabors Industries stock

Published on 10/15/2026 at 18:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 816.93 million for the period ended June 30, 2026. Nabors Industries stock costs EUR 67.75 on October 15, 2026 while NYSE trading shows USD 75.57.

Analyst target and reporting date

Morgan Stanley maintained a Buy rating and set a USD 110.00 target on October 14, 2026.
Second-quarter revenue reached USD 816.93 million for the period ended June 30, 2026.
Nabors Industries stock costs EUR 67.75 at Lang & Schwarz on October 15, 2026 at 6:42 p.m. CEST.
The company is scheduled to report third-quarter 2026 results on October 27, 2026.

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Nabors Industries stock remains under a USD 110.00 target from Morgan Stanley, which maintained its Buy rating on October 14, 2026. The analyst action gives investors a current Wall Street reference while the company approaches its next earnings release.

Nabors Industries was trading at EUR 67.75 at Lang & Schwarz on October 15, 2026 at 6:42 p.m. CEST. At the NYSE, the stock stood at USD 75.57 at 12:52 p.m. ET on the same date, down 3.36 percent from USD 78.20.

Revenue provides the latest operating measure

Markets Insider reported that revenue for the quarter ended June 30, 2026 reached USD 816.93 million, while GAAP net loss was USD 29.09 million. The revenue figure compares with USD 832.79 million in the same period a year earlier, a decline of 1.90 percent. The figures put the analyst target against a business that is still managing uneven operating performance.

Price position and trading activity

The NYSE quote stood below the USD 112.90 52-week high and above the USD 39.18 low on October 15, 2026. The current USD 75.57 price is 33.06 percent below the high and 92.83 percent above the low. Trading volume was 65,182 shares against an average of 228,581 shares.

Valuation and the next reporting date

Nabors Industries had a market capitalization of USD 1.1 billion and a trailing P/E ratio of 5.62 on October 15, 2026. The company does not pay a dividend according to the quoted market data. Simply Wall St listed October 27, 2026 as the date for Nabors Industries to report third-quarter 2026 results.

Comparison with peers

Nabors Industries: minus 3.36 percent, P/E 5.62, market capitalization USD 1.1 billion.

Helmerich & Payne (NYSE, USD): minus 3.69 percent, P/E minus 26.55, market capitalization USD 3.7 billion.

Patterson-UTI Energy (Nasdaq, USD): minus 3.77 percent, P/E minus 48.11, market capitalization USD 4.2 billion.

The next figures to watch

The October 27 reporting date is the next scheduled checkpoint for revenue, earnings and operating cash flow. Until then, the market has a fresh USD 110.00 Morgan Stanley target, a USD 75.57 NYSE quote and a USD 67.75 euro indication to weigh against the latest quarterly results.

Market position in context

The stock's valuation remains numerically distinct from its larger drilling-services peers, while the latest session showed a similar negative direction across all three names. Nabors Industries' 52-week span also remains wide, extending from USD 39.18 to USD 112.90.

Price and investor reference

Nabors Industries was trading at EUR 67.75 at Lang & Schwarz on October 15, 2026 at 6:42 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nabors Industries stock.