Piper Sandler gives an Underweight recommendation for Nabors Industries Ltd (NBR)

ZOM Stock

Nabors Industries Ltd’s recent filing unveils that its 10% Owner VARDE PARTNERS INC unloaded Company’s shares for reported $12.82 million on Sep 11 ’25. In the deal valued at $41.04 per share,312,378 shares were sold. As a result of this transaction, VARDE PARTNERS INC now holds 1,406,052 shares worth roughly $52.9 million.

Piper Sandler initiated its Nabors Industries Ltd [NBR] rating to an Underweight in a research note published on July 15, 2025; the price target was $30. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid May from “an Equal weight” to “an Underweight”. Citigroup also remained covering NBR and has decreased its forecast on September 13, 2024 with a “Neutral” recommendation from previously “Buy” rating. The Benchmark Company revised its rating on January 16, 2024. It rated NBR as “a Hold” which previously was an “a Buy”.

Price Performance Review of NBR

On Friday, Nabors Industries Ltd [NYSE:NBR] saw its stock fall -4.15% to $37.62. Over the last five days, the stock has lost -11.19%. Nabors Industries Ltd shares have fallen nearly -44.80% since the year began. Nevertheless, the stocks have fallen -34.20% over the past one year.

How much short interest is there in Nabors Industries Ltd?

A steep rise in short interest was recorded in Nabors Industries Ltd stocks on 2025-08-29, growing by 0.24 million shares to a total of 2.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 1.92 million shares. There was a rise of 11.07%, which implies that there is a positive sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.