National Energy Services Reunited Corp. (NESR) Stock Price & Analysis
National Energy Services Reunited Corp. (NESR) is trading at USD 21.66, down 0.39% today, as of October 29, 2026 at 13:32 UTC (US market open; quotes may be delayed), according to Nexqual market data.
NESR last closed at USD 21.74; today's session has ranged USD 21.32–21.66 on volume of 12,994 shares. Market capitalization is $2.18B, with a 52-week range of USD 11.84–36.94 (NCM). Source: Nexqual, retrieved October 29, 2026 at 13:32 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NESR.md
Key facts (NESR)
- Last four reported quarters (through Jun 30, 2026): revenue $1.56B, net income $93.4M (6.0% margin), free cash flow $154M (SEC filings).
- Valuation: P/E 23.4x (avg 20.8x at the last 2 fiscal year-ends), EV/EBITDA 8.0x, net debt $49.2M.
- 1 of 80 tracked superinvestors hold NESR (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $142M; 10 not under a Rule 10b5-1 plan ($142M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.56 on a 1–5 scale) (9 analysts), mean target USD 40.67 (range 35–46).
- Total return with dividends: 1Y +53.6% vs S&P 500 +13.6%; 5Y +136.7% vs S&P 500 +79.8%.
- Next earnings: 2026-11-12, EPS estimate USD 0.36, revenue estimate $496M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NESR)
| USD | FY2017 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | — | $1.15B | $1.30B | $1.32B | $1.56B |
| Gross profit | — | $149M | $209M | $165M | — |
| Operating income | -$4.2M | $80.7M | $138M | $98.3M | $149M |
| Net income | -$2.9M | $12.6M | $76.3M | $51.1M | $93.4M |
| EPS (diluted) | -$0.40 | $0.13 | $0.80 | $0.52 | — |
| Free cash flow | — | $109M | $124M | $121M | $154M |
| Gross margin | — | 13.0% | 16.0% | 12.4% | — |
| Operating margin | — | 7.0% | 10.6% | 7.4% | 9.6% |
| Net margin | — | 1.1% | 5.9% | 3.9% | 6.0% |
| Revenue growth | — | — | +13.6% | +1.7% | — |
| Cash + short-term investments | $741K | $67.8M | $108M | $125M | — |
| Total debt | — | — | $323M | $256M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NESR)
P/E 23.4x · P/S 1.4x · EV/EBITDA 8.0x · EV/Sales 1.4x · P/FCF 14.2x · P/B 2.1x · FCF yield 7.04% · Earnings yield 4.28% · Net debt $49.2M · EV $2.23B
P/E at fiscal year-ends: Dec 2025 30.4x, Dec 2024 11.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (NESR)
1 of 80 tracked investors hold NESR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | 0.03% | $47.8M | Reduced -0.3% |
Insider sales (SEC Form 4, open-market, last ~7 months) (NESR)
0 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-09 | Campo Mejia Antonio J | Director | 63,324 | $2.2M | 8.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-31 | Foda Sherif | Chief Executive Officer | 100,000 | $3.5M | 3.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-18 | Angeli Stefan | Chief Financial Officer | 13,570 | $477K | 2.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-25 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 1,919,594 | $51.4M | 89.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-12…2026-06-13 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 1,401,450 | $36.9M | 39.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-08…2026-06-09 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 5,726 | $146K | 0.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-22…2026-05-26 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 699,888 | $18.3M | 16.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-20 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 573,544 | $15.0M | 11.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-18…2026-05-19 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 224,068 | $5.8M | 4.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-13…2026-05-14 | Al-Nowais Yousif Mohammed Ali Nasser | Director | 304,928 | $8.1M | 5.7% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NESR)
Consensus Buy (mean 1.56 on a 1–5 scale), 9 analysts; mean target USD 40.67 (low 35, high 46).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Barclays | Target lowered | Overweight | $45 → $41 |
| 2026-10-02 | Piper Sandler | Target lowered | Overweight | $40 → $39 |
| 2026-10-01 | BMO Capital | Initiated | Outperform | $39 |
| 2026-09-29 | UBS | Target lowered | Buy | $47 → $46 |
| 2026-08-11 | UBS | Target raised | Buy | $36 → $45 |
| 2026-08-11 | Barclays | Target raised | Overweight | $35 → $45 |
| 2026-08-10 | BTIG | Target raised | Buy | $32 → $40 |
| 2026-07-14 | Piper Sandler | Target raised | Overweight | $33 → $35 |
| 2026-07-10 | BTIG | Reiterated | Buy | $32 |
Total return (dividends reinvested) (NESR)
| 1Y (from 2025-10-29) | 5Y (from 2024-07-08) | |
|---|---|---|
| Total return | +53.6% | +136.7% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +53.6% | +45.2% |
| Volatility (annualized) | 58.2% | 51.7% |
| Max drawdown | -48.4% (Aug 2026→Oct 2026) | -48.4% (Aug 2026→Oct 2026) |
NESR earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 10, 2026 | Quarter ended Jun 30, 2026 | $0.44 | $0.35 | Beat +25.7% | +24.1% |
| May 11, 2026 | Quarter ended Mar 31, 2026 | $0.26 | $0.21 | Beat +23.8% | +16.2% |
| Feb 17, 2026 | Quarter ended Dec 31, 2025 | $0.32 | $0.25 | Beat +28.0% | +18.4% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
NESR recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Aug 10, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 10, 2026 | 8-K | Quarterly results; Regulation FD disclosure |
| Aug 10, 2026 | 8-K | Auditor changed “On August 4, 2026, the Audit Committee of the Board of Directors (the "Audit Committee") of National Energy Services Reunited Corp. ("NESR" or the "Company") concluded the Company's competitive audit tender process, which commenced at the beginning of the second quarter of 2026 following the Audit Committee's determination that the upcoming required rotation of the lead audit engagement partner presented an appropriate opportunity to conduct a comprehensive review of the Company's independent audit services. (a)…” |
| Jul 21, 2026 | 8-K | Director or executive officer change, or pay arrangement “(d) On July 15, 2026, the board of directors (the "Board") of National Energy Services Reunited Corp. (the "Company") appointed Maen Razouqi as an additional independent member of the Board, effective August 1, 2026. Mr. Razouqi's Board committee assignments have not yet been determined. As a non-management director, Mr. Razouqi will be compensated as described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on March 24, 2026, under the heading "Director Compensation."…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
NESR company outlook (results filed Aug 10, 2026)
- “Adjusted net income for the quarter is $45.5 million and included $1.5 million of “Total Charges and Credits impacting Adjusted Net Income and Adjusted Diluted EPS,” primarily attributable to $1.0 million of current expected credit loss provisions.”
Quoted word-for-word from the SEC 8-K results press release.
NESR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.36 | $0.48 | -26.1% | $495.9M | 9 |
| Next quarter (ends Dec 2026) | $0.60 | $0.62 | -3.6% | $565.1M | 9 |
| Current fiscal year (ends Dec 2026) | $1.65 | $1.71 | -3.5% | $1.99B | 9 |
| Next fiscal year (ends Dec 2027) | $2.56 | $2.50 | +2.8% | $2.50B | 9 |
NESR options: expected move
Options price a move of about ±15.6% (±$3.40) by Nov 20, 2026, which includes earnings on Nov 12, 2026. Over the last 3 reports the stock moved ±19.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 75.8% | ±15.6% |
| Dec 18, 2026 | 50 | 69.2% | ±21.0% |
| Mar 19, 2027 | 141 | 63.0% | ±31.4% |
| Jun 17, 2027 | 231 | 65.8% | ±41.4% |
30-day implied volatility 75.2% vs 72.4% realized over the last 30 trading days. Put/call ratio (volume) 0.19. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 13:32 UTC)
| Price | USD 21.66 |
|---|---|
| Change | ▼ 0.39% (down) |
| Previous Close | USD 21.74 |
| Open | USD 21.48 |
| Day Range | USD 21.32 – 21.66 |
| 52-Week Range | USD 11.84 – 36.94 |
| Volume | 12,994 shares |
| Market Cap | $2.18B |
| Exchange | NCM |
Technical Analysis (NESR)
Nexqual's technical model rates NESR "SELL" based on 1 bullish and 4 bearish signals across 128 daily candles, as of October 29, 2026 at 13:32 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 39.67 (neutral) |
| vs SMA50 | Below (USD 28.12) |
| MACD | -1.98 (negative) |
Analyst Ratings (NESR)
Wall Street analysts rate NESR "Buy" based on 9 analysts, with a mean price target of USD 40.67 (range USD 35–46), per Nexqual as of October 29, 2026 at 13:32 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 40.67 |
| High Target | USD 46 |
| Low Target | USD 35 |
| Buy / Hold / Sell | 9 / 0 / 0 |
Earnings (NESR)
| Next Earnings Date | 2026-11-12 |
|---|---|
| EPS Estimate | USD 0.36 |
| Revenue Estimate | $495.93M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.44 vs est 0.35 ▲ beat |
| 2026-03-31 | USD 0.26 vs est 0.21 ▲ beat |
| 2025-12-31 | USD 0.32 vs est 0.25 ▲ beat |
| 2025-09-30 | USD 0.16 vs est 0.15 ▲ beat |
Source: Nexqual, October 29, 2026 at 13:32 UTC.
Financials & Fundamentals (NESR)
| Total Revenue | $1.62B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +59.10% |
| Gross Margin | +13.28% |
| Operating Margin | +12.45% |
| Profit Margin | +5.77% |
| ROE | +9.44% |
| Debt / Equity | 0.29 |
| Current Ratio | 1.02 |
| Total Cash | $174.99M |
| Total Debt | $304.86M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $153.75M (9.9% of revenue) |
Source: Nexqual, October 29, 2026 at 13:32 UTC.
Financial Health Score (NESR)
Nexqual rates National Energy Services Reunited Corp.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 13:32 UTC.
| Growth | Mixed — Revenue +1.7% YoY (annual), slow |
|---|---|
| Profitability | Weak — Gross margin 14%, operating 10% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $175M cash and investments vs $224M debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $154M (last 4 quarters to Jun 2026, SEC), 10% margin |
| Efficiency | Mixed — ROE 9%, ROA 4.5% (last 4 quarters, SEC) |
Ownership (NESR)
| Insider Ownership | +7.96% |
|---|---|
| Institutional Ownership | +93.11% |
| Shares Outstanding | 100.85M |
| Float | 72.61M |
| Short % of Float | +7.56% |
Source: Nexqual, October 29, 2026 at 13:32 UTC.
Leadership (NESR)
National Energy Services Reunited Corp. is led by Sherif Foda, Executive Chairman & CEO, per Nexqual as of October 29, 2026 at 13:32 UTC.
| Executive Chairman & CEO | Sherif Foda |
|---|---|
| Chief Financial Officer | Stefan Angeli |
| Director | Chokri Ben Amor |
| Director | Naif Al- Hadrami |
| Vice President of Operations | Salih Merghani |
Major Backers & Investors (NESR)
Notable institutional backers of National Energy Services Reunited Corp. include FMR, LLC, Fidelity, T. Rowe Price, according to Nexqual as of October 29, 2026 at 13:32 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 11.49% |
| Fidelity | 7.97% |
| T. Rowe Price | 4.15% |
| Encompass Capital Advisors, LLC | 3.27% |
| Boston Partners | 2.25% |
| Alyeska Investment Group, L.p. | 2.01% |
| Holocene Advisors, LP | 1.94% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 5.1% |
| Dimensional Fund Advisors | 3.13% |
| Geode Capital | 1.9% |
Source: Nexqual, October 29, 2026 at 13:32 UTC.
From National Energy Services Reunited Corp.'s Latest SEC 10-K Filing (filed 2026-03-06)
Key Strengths & Strategy (as disclosed to the SEC)
- By fostering a culture of continuous learning and growth, NESR ensures that our people remain empowered to deliver operational excellence and sustain our competitive advantage.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 13:32 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt