NBR Forecast


Bullish Case: Nabors Industries could benefit from upcoming strategic partnerships, leading to increased operational efficiencies and market share. A bullish sentiment could drive the stock back above $80, especially considering the higher Helium implied volatility forecast.




Bearish Case: Persistent high debt and underperformance in the drilling sector could lead to further declines in NBR's stock price. The elevated put option trading volume indicates bearish sentiment and could exacerbate the stock's downward pressure.




Potential Outcomes:

1. Strategic partnerships boost revenue (30%);

2. Continued market skepticism leads to further stock decline (40%);

3. Stabilization in trading without significant changes (30%).




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November 20, 2024


Nabors Industries Forecast

NBR        Nabors Industries











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