5 Best Geothermal Stocks to Buy Now

3. Nabors Industries Ltd. (NYSE:NBR)

On April 15, 2026, Morgan Stanley raised its price target on Nabors Industries Ltd. (NYSE:NBR) to $100 from $80 and maintained an Overweight rating. The firm said that beyond disruptions in the Middle East, higher oil prices could support increased upstream capital spending and noted that its 2027 and 2028 EBITDA estimates for energy services and equipment companies are now about 6% above consensus on average.

Similarly, Piper Sandler raised its price target on Nabors Industries Ltd. (NYSE:NBR) to $84 from $80 and maintained an Overweight rating. The firm said oilfield services stocks have recently traded in response to swings in oil prices tied to the U.S./Israel-Iran conflict, while investors are also focused on whether U.S. land activity can maintain momentum. Piper expects that issue to remain a major theme during earnings season.

Earlier in April, Susquehanna raised its price target on Nabors Industries Ltd. (NYSE:NBR) to $85 from $70 and maintained a Neutral rating as part of a broader Q1 preview for oilfield services companies. The firm said the Iran conflict has been a significant catalyst for commodity prices and energy stocks. While Susquehanna lowered estimates for companies with Middle East exposure due to disruptions and higher costs, it said tighter supply conditions could create a more favorable medium- and long-term backdrop.

Nabors Industries Ltd. (NYSE:NBR) provides drilling and drilling-related services for land-based and offshore oil and natural gas wells worldwide.