Nabors Industries (NBR) Gained This Week. Here is Why.
The share price of Nabors Industries Ltd. (NYSE:NBR) surged by 7.43% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week.
A drilling rig on a large oil field, capturing a crucial moment of the extraction process.
With operations in approximately 20 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry.
Nabors Industries Ltd. (NYSE:NBR) continues to surge after Susquehanna analyst Charles Minervino raised the company’s price target to $32 from $29, while maintaining a ‘Neutral’ rating on its shares.
It’s worth noting that Nabors Industries Ltd. (NYSE:NBR) posted strong results for its Q1 2025, beating estimates in both earnings and revenue. The firm also completed the acquisition of Parker Wellbore in March this year, expanding its market presence and service offerings across key global regions.
Despite the recent uptick, the share price of Nabors Industries Ltd. (NYSE:NBR) has fallen by over 43% since the beginning of the year.
While we acknowledge the potential of NBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
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