Nabors Industries (NBR) Gained Over 10% This Week. Here is Why.

The share price of Nabors Industries Ltd. (NYSE:NBR) surged by 10.61% between June 26 and July 3, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Nabors Industries (NBR) Gained Over 10% This Week. Here is Why.

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) shot up this week after Susquehanna analyst Charles Minervino raised the stock’s price target from $29 to $32, while maintaining a ‘Neutral’ rating on its shares.

Despite the recent uptick, the share price of Nabors Industries Ltd. (NYSE:NBR) has fallen by over 48% since the beginning of 2025.

That said, Nabors Industries Ltd. (NYSE:NBR) beat expectations in both earnings and revenue in its Q1 2025. The company also completed the acquisition of Parker Wellbore earlier this year, bolstering its portfolio with complementary businesses.

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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