Piper Sandler upgrades Nabors Industries Ltd (NBR) stock to an Overweight

Jaxson Clark

In a filing, Nabors Industries Ltd revealed 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 $72.07 million.

Piper Sandler upgraded its Nabors Industries Ltd [NBR] rating to an Overweight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid July with a ‘”an Underweight”‘ rating. Barclays also remained covering NBR and has decreased its forecast on May 19, 2025 with a “an Underweight” recommendation from previously “an Equal weight” rating. Citigroup revised its rating on September 13, 2024. It rated NBR as “a Neutral” which previously was an “a Buy”.

Price Performance Review of NBR

On Friday, Nabors Industries Ltd [NYSE:NBR] saw its stock jump 0.23% to $51.26. Over the last five days, the stock has lost -6.17%. Nabors Industries Ltd shares have fallen nearly -14.35% since the year began. Nevertheless, the stocks have fallen -10.34% over the past one year. While a 52-week high of $69.20 was reached on 01/17/25, a 52-week low of $23.27 was recorded on 05/22/25.

Levels Of Support And Resistance For NBR Stock

The 24-hour chart illustrates a support level at 50.62, which if violated will result in even more drops to 49.98. On the upside, there is a resistance level at 52.13. A further resistance level may holdings at 53.00.

How much short interest is there in Nabors Industries Ltd?

A steep rise in short interest was recorded in Nabors Industries Ltd stocks on 2025-11-28, dropping by -0.21 million shares to a total of 1.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 2.01 million shares. There was a decline of -11.84%, which implies that there is a negative sentiment for the stock.

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