RBC Capital Sticks to Their Hold Rating for Nabors Industries (NBR)

RBC Capital analyst Keith Mackey maintained a Hold rating on Nabors Industries on November 12 and set a price target of $66.00. The company’s shares closed yesterday at $48.44.

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Mackey covers the Energy sector, focusing on stocks such as Nabors Industries, Halliburton, and Patterson-UTI. According to TipRanks, Mackey has an average return of 19.0% and a 62.65% success rate on recommended stocks.

In addition to RBC Capital, Nabors Industries also received a Hold from TR | OpenAI – 4o’s Rosa Tappessa in a report issued on November 4. However, on November 10, Barclays maintained a Sell rating on Nabors Industries (NYSE: NBR).

Based on Nabors Industries’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $818.19 million and a net profit of $258.03 million. In comparison, last year the company earned a revenue of $731.81 million and had a GAAP net loss of $55.83 million

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NBR in relation to earlier this year. Most recently, in September 2025, VARDE PARTNERS INC, a Major Shareholder at NBR sold 312,378.00 shares for a total of $12,817,236.96.