National Energy Services Reunited (NASDAQ:NESR) Price Target Raised to $40.00

13 Aug 2026, 02:31 by Amy Steele · The Cerbat Gem

National Energy Services Reunited (NASDAQ:NESR – Free Report) had its price target hoisted by BTIG Research from $32.00 to $40.00 in a research report report published on Monday, MarketBeat.com reports. BTIG Research currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the company. Zacks Research raised National Energy Services Reunited from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Wall Street Zen raised shares of National Energy Services Reunited from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Piper Sandler increased their price target on shares of National Energy Services Reunited from $33.00 to $35.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings cut shares of National Energy Services Reunited from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. Finally, Barclays raised their price objective on shares of National Energy Services Reunited from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, National Energy Services Reunited currently has an average rating of “Buy” and a consensus price target of $33.57.

View Our Latest Analysis on NESR

National Energy Services Reunited Stock Performance

NASDAQ:NESR opened at $34.82 on Monday. The firm’s fifty day simple moving average is $27.44 and its 200-day simple moving average is $24.55. The company has a quick ratio of 0.90, a current ratio of 1.04 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.51 billion, a PE ratio of 37.85, a price-to-earnings-growth ratio of 0.41 and a beta of 0.33. National Energy Services Reunited has a fifty-two week low of $6.71 and a fifty-two week high of $36.77.

National Energy Services Reunited (NASDAQ:NESR – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. National Energy Services Reunited had a net margin of 5.77% and a return on equity of 12.28%. The firm had revenue of $520.75 million for the quarter, compared to the consensus estimate of $448.54 million. The business’s quarterly revenue was up 59.1% on a year-over-year basis. Analysts expect that National Energy Services Reunited will post 1.77 earnings per share for the current fiscal year.

Insider Transactions at National Energy Services Reunited

In related news, Director Yousif Mohammed Ali Al-Nowais sold 1,919,594 shares of National Energy Services Reunited stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $26.80, for a total transaction of $51,445,119.20. Following the sale, the director owned 229,198 shares of the company’s stock, valued at $6,142,506.40. The trade was a 89.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 4,824,270 shares of company stock worth $127,585,318. Insiders own 9.70% of the company’s stock.

Institutional Trading of National Energy Services Reunited

A number of hedge funds and other institutional investors have recently modified their holdings of NESR. Mercer Global Advisors Inc. ADV lifted its stake in National Energy Services Reunited by 4.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,092 shares of the company’s stock worth $174,000 after purchasing an additional 501 shares during the last quarter. ProShare Advisors LLC increased its stake in National Energy Services Reunited by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 11,148 shares of the company’s stock valued at $175,000 after purchasing an additional 719 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in National Energy Services Reunited by 4.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,419 shares of the company’s stock valued at $306,000 after purchasing an additional 772 shares during the last quarter. Ieq Capital LLC raised its holdings in shares of National Energy Services Reunited by 1.0% during the fourth quarter. Ieq Capital LLC now owns 85,337 shares of the company’s stock worth $1,336,000 after purchasing an additional 842 shares during the period. Finally, CWM LLC raised its holdings in shares of National Energy Services Reunited by 2.9% during the fourth quarter. CWM LLC now owns 30,123 shares of the company’s stock worth $472,000 after purchasing an additional 845 shares during the period. 15.55% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about National Energy Services Reunited

Here are the key news stories impacting National Energy Services Reunited this week:

Positive Sentiment: Record earnings beat expectations. NESR reported second-quarter revenue of approximately $520.8 million, up 59.1% year over year and well above the $448.5 million consensus estimate. Adjusted earnings of $0.44 per share also exceeded expectations of $0.35, providing the primary catalyst for the stock’s rally. NESR reports record Q2 2026 revenue
Positive Sentiment: New Kuwait contracts strengthen growth prospects. Coverage indicates NESR has secured additional Kuwait contracts, supporting the bullish case that its regional operations can continue benefiting from strong energy-services demand. NESR earnings beat and new Kuwait contracts
Positive Sentiment: Analyst price target increased. BTIG Research raised its target for NESR to $40, signaling continued confidence in the company’s earnings momentum and suggesting additional potential upside. BTIG raises NESR price target
Neutral Sentiment: Momentum remains strong, but investors are assessing how much upside remains. Zacks and other commentary highlight the fresh high and favorable growth metrics, while Seeking Alpha argues that rapid earnings growth makes NESR’s premium valuation more defensible. Strong earnings growth and valuation analysis
Negative Sentiment: Valuation and post-rally profit-taking are key risks. With NESR trading near its recent high and at a premium earnings multiple, the stock may be vulnerable to consolidation if future results do not maintain the current pace of growth. Reported short interest was effectively zero, so short covering does not appear to be a meaningful driver.

National Energy Services Reunited Company Profile

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National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.