Should I Buy NESR? NESR 2026 Analysis

Should You Buy National Energy Services Reunited Corp (NESR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

20.870

1 Day change

3.68%

52 Week Range

21.100

Analysis Updated At

2026/02/05

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Buy now: the stock is pulling back (~-1.9% regular session; weaker pre-market) while the medium/long trend structure remains bullish (SMA_5 > SMA_20 > SMA_200).
Wall Street setup is favorable: multiple recent Buy/Overweight initiations/raises with $21–$25 targets, implying upside from ~$20.
The main near-term risk is momentum cooling (MACD negative and worsening), but with no bearish news flow and clear nearby support (~$19.40), the dip is an actionable entry for an impatient investor.
No notable insider/hedge fund accumulation signals and no congress trades—this is primarily a fundamentals + contract-cycle + technical-structure buy rather than a “crowded trade” momentum buy.

Technical Analysis

Trend: Bullish moving average stack (SMA_5 > SMA_20 > SMA_200) supports an overall uptrend/healthy structure.
Momentum: MACD histogram is negative (-0.0516) and negatively expanding, signaling short-term downside/waning momentum.
RSI: RSI_6 at ~54.6 (neutral) suggests no immediate overbought/oversold extreme—room for either direction.
Key levels: Pivot ~20.12 (price ~20.07 slightly below pivot). Support S1 ~19.40 (then S2 ~18.96). Resistance R1 ~20.83 then R2 ~21.27.
Pattern-based forward view: Similar-pattern stats imply ~+1.36% next week and ~+9.14% next month (not a guarantee, but supportive of buying dips).

Intellectia Proprietary Trading Signals

AI Stock Picker: no signal on given stock today.
SwingMax: No signal on given stock recently.

Positive Catalysts

- Upcoming catalyst: QDEC 2025 earnings (2026-03-05 pre-market) with EPS estimate shown at 0.26—an upside print could re-accelerate momentum.

Neutral/Negative Catalysts

- Near-term technical pressure: MACD is negative and deteriorating, consistent with a pullback phase.
- Latest reported quarter weakened YoY (2025/Q3): revenue, EPS, net income, and gross margin all declined—fundamental momentum in the reported numbers is currently negative.
- Concentration risk: Revenue exposure is heavily tied to the Middle East/North Africa cycle (per analyst commentary), which can amplify execution/contract-timing impacts.
- Sentiment/flow: Hedge funds and insiders are neutral; no supportive “buying wave” signal from these cohorts.
- No fresh news this week: lack of new catalysts can allow the current pullback to persist until earnings/contract updates.

Financial Performance

Latest quarter: 2025/Q3.
Revenue: $295.3M, down ~12.16% YoY (topline contraction).
Net income: $17.74M, down ~13.97% YoY.
EPS: $0.18, down ~18.18% YoY.
Gross margin: 10.38%, down ~28.36% YoY (notable profitability compression).
Read-through: The reported quarter shows near-term softness, but the forward thesis from analysts is that large awarded work (e.g., Jafurah) supports a stronger ramp into 2026–2027.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Ratings and targets have moved up/positive—multiple firms initiated/maintained Buy/Overweight and raised price targets following Jafurah.
Key updates:
- 2026-01-21 UBS: Initiated Buy, PT $25 (expects above-consensus sales/EBITDA growth; recovering Saudi activity; more contract wins possible in 1H26).
- 2026-01-09 BofA: Initiated Buy, PT $21 (MENA upstream spending tailwind; NESR highly exposed to the region).
- 2025-11-14 Barclays: Overweight, raised PT to $25 from $15 (Jafurah “massive,” supports outsized multi-year growth).
- 2025-11-18 Piper Sandler: Overweight, raised PT to $19 from $15 (sees path toward ~$2B revenue run-rate by end-2026; maintains EBITDA margin expectations).
Wall Street pros: Strong contract-driven multi-year growth outlook, Saudi/MENA activity recovery, potential for additional wins.
Wall Street cons: Execution and cycle dependence; near-term reported financial softness vs. prior year.

5 Analyst Rating

Wall Street analysts forecast NESR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NESR is 21.4 USD with a low forecast of 12 USD and a high forecast of 30 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

0 Hold

0 Sell

Strong Buy

Current: 20.130

Low

Averages

21.4

High

Current: 20.130

Low

Averages

21.4

High

UBS

Josh Silverstein

initiated

$25

AI Analysis

2026-01-21

Reason

UBS

Josh Silverstein

Price Target

$25

AI Analysis

2026-01-21

initiated

Reason

UBS analyst Josh Silverstein initiated coverage of National Energy Services with a Buy rating and $25 price target. The firm likes the company's "stable growth" across the Middle East and North Africa region. UBS sees National Energy benefitting from the recovering Saudi activity and the recently awarded Jafurah contract. These should drive the company's sales and EBITDA growth above consensus estimates, the analyst tells investors in a research note. UBS looks for potential upcoming contract wins in the first half of 2026.

UBS

NULL -> Buy

initiated

$25

2026-01-20

Reason

UBS

Price Target

$25

2026-01-20

initiated

NULL -> Buy

Reason

UBS initiated coverage of National Energy Services with a Buy rating and $25 price target.

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NESR Should I Buy

NESR Should I Buy

Should You Buy National Energy Services Reunited Corp (NESR) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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