Nabors Industries stock sits 14.07 percent below Susquehanna's USD 91.00 target
Published on 10/17/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Susquehanna lifted its Nabors target from USD 85.00 to USD 91.00 on October 5, 2026.
- Nabors is scheduled to report third-quarter results on October 27, 2026.
- Nabors Industries stock last traded at USD 78.20 on October 16, 2026, up 2.37 percent from the USD 76.39 prior close.
- Nabors had a USD 1.2 billion market capitalization and a 5.82 price-to-earnings ratio on October 16, 2026.
Markets Insider reported on October 5, 2026 that Susquehanna analyst Charles Minervino raised Nabors Industries' price target to USD 91.00 from USD 85.00 while keeping a Neutral rating. At the October 16 closing price of USD 78.20, the target stood 14.07 percent above the stock price. Nabors Industries stock last traded at USD 78.20 on the NYSE on October 16, 2026 at 4:00 p.m. ET, up 2.37 percent from the USD 76.39 prior close.
October 27 results date
Nabors is scheduled to report its third-quarter 2026 results on October 27, 2026. Simply Wall St lists the release for after the US market close, with the earnings call scheduled for October 28, 2026. That date is the next clear calendar marker for the shares.
Price sits below yearly high
The USD 78.20 price was 30.73 percent below Nabors' 52-week high of USD 112.90 and 96.28 percent above its 52-week low of USD 39.84. Both range points and the closing price are dated October 16, 2026. The stock's one-day gain was larger than the moves of Helmerich & Payne and Patterson-UTI Energy in the same session, based on their respective market figures.
Valuation and reporting schedule
Nabors had a market capitalization of USD 1.2 billion and a price-to-earnings ratio of 5.82 as of October 16, 2026. The company operates in oil and gas drilling, providing land-based and offshore drilling services as well as drilling technology and equipment. Its next report will give investors a fresh basis for comparing the current valuation with operating results.
Comparison with peers
Nabors Industries: plus 2.37 percent, P/E 5.82, market capitalization USD 1.2 billion.
Helmerich & Payne (NYSE, USD): minus 0.66 percent, P/E minus 26.74, market capitalization USD 3.7 billion.
Patterson-UTI Energy (NASDAQ, USD): plus 1.68 percent, P/E minus 49.85, market capitalization USD 4.4 billion.
Stock position before results
The October 27 report now provides the next scheduled test for Nabors after the stock's 2.37 percent session gain. The USD 91.00 Susquehanna target remains above the latest NYSE price, while the 52-week range shows how far the stock still stands from its yearly peak.
Market context: Market report S&P 500.
More news and analyses on Nabors Industries stock
Nabors Industries stock at a glance
- Company: Nabors Industries Ltd.
- ISIN: BMG6359F1370
- Ticker: NBR
- Primary exchange: NYSE
- Price on NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 78.20
- Change versus prior close: plus 2.37 percent
- Prior close (October 16, 2026): USD 76.39
- Market capitalization: USD 1.2 billion (as of October 16, 2026)
- 52-week range: USD 39.84-112.90 (as of October 16, 2026)
- Sector / Industry: Energy / Oil & Gas Drilling
