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Nabors Industries ( (NBR) ) has provided an announcement.
On June 3, 2025, Nabors Industries held its annual general meeting of shareholders, with 82.49% of outstanding shares represented. During the meeting, all directors were elected by a majority vote, PricewaterhouseCoopers LLP was approved as the independent auditor, executive compensation was endorsed, and an amendment to the 2016 Stock Plan was ratified, indicating strong shareholder support for the company’s governance and strategic decisions.
The most recent analyst rating on (NBR) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on Nabors Industries stock, see the NBR Stock Forecast page.
Spark’s Take on NBR Stock
According to Spark, TipRanks’ AI Analyst, NBR is a Neutral.
Nabors Industries faces significant financial challenges with weak profitability and high leverage, impacting its overall stock score negatively. Technical analysis indicates potential bearish momentum, and valuation metrics are weak due to negative earnings. However, strategic initiatives and the Parker Wellbore acquisition offer some potential for improvement.
To see Spark’s full report on NBR stock, click here.
More about Nabors Industries
Average Trading Volume: 487,272
Technical Sentiment Signal: Sell
Current Market Cap: $453.7M
Learn more about NBR stock on TipRanks’ Stock Analysis page.