Nabors reiterates 2026 outlook. Nabors Industries stock gains 1.06 percent

Published on 10/02/2026 at 17:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nabors guides to USD 710-730 million adjusted EBITDA for full-year 2026. Nabors Industries stock costs EUR 71.50 on October 2, 2026 versus EUR 70.75.

NBR, BMG6359F1370, Illustration mit AI erstellt.

Nabors Industries stock was trading at EUR 71.50 at Lang & Schwarz on October 2, 2026 at 5:47 p.m. CEST, up 1.06 percent versus the prior close of EUR 70.75. On September 8, 2026, Nabors reiterated its third-quarter and full-year outlook in an investor presentation, as StockTitan reported from the company filing.

Full-year guidance stays intact

Nabors projects full-year 2026 adjusted EBITDA of USD 710-730 million and adjusted free cash flow of USD 20-30 million. The presentation also sets full-year 2026 capital expenditures at USD 920-930 million, according to the September 8 filing.

The guidance points to a wide gap between operating earnings and cash generation. Nabors expects third-quarter 2026 capital expenditures of USD 245-255 million, including USD 130 million for SANAD newbuilds, while third-quarter adjusted free cash flow consumption is projected at USD 40 million.

Second-quarter figures show the mix

In the second quarter of 2026, Nabors reported operating revenue of USD 814.8 million and an adjusted loss of USD 2.04 per share. TradingView, citing Zacks, reported adjusted EBITDA of USD 221.7 million, down from USD 248.5 million in the year-ago quarter but up from USD 204.8 million in the first quarter of 2026.

International Drilling provided the clearest counterweight to the weaker group revenue comparison. Its second-quarter 2026 revenue rose to USD 432.5 million from USD 385.0 million in the year-ago quarter, while segment adjusted EBITDA increased to USD 130.5 million from USD 117.7 million, the same analysis said.

Results date adds a near-term test

Nabors plans to release third-quarter 2026 results after the market closes on October 27, 2026, followed by a conference call on October 28, 2026. MarketScreener reported that the call will discuss the quarter ended September 30, 2026.

Analyst sentiment remains measured. MarketBeat said eight analysts held a consensus rating of Hold, with six Hold ratings, two Buy ratings and an average price target of USD 102.57.

NBR trades higher after hours

Nabors Industries stock was trading at EUR 71.50 at Lang & Schwarz on October 2, 2026 at 5:47 p.m. CEST, in after-hours trading, plus 1.06 percent versus the Lang & Schwarz prior close of EUR 70.75 on October 1, 2026. The stock's 52-week range is USD 23.27 to USD 112.90, and its market capitalization is USD 1.2 billion as of October 2, 2026.