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National Energy Services Reunit (NESR) Stock Analysis

Breakout setup

HoldModerate Confidence

Energy · Oil & Gas Equipment & Services

Earnings in 5 days (2026-05-06). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $24.36, but acceptable to hold if already in. Reasons: Concentration risk — Customer: largest customer (49% of revenues) (49.0%); Concentration risk — Geographic: MENA region.

National Energy Services Reunited is a major oilfield services provider in the MENA region offering production services (hydraulic fracturing, cementing, coiled tubing) and drilling & evaluation services primarily to national oil companies. Revenue of $1.324 billion in 2025 came... Read more

$24.36+4.8% A.UpsideScore 5.6/10#11 of 32 Oil & Gas Equipment & Services
Stop $22.83Target $25.73(analyst − 13%)A.R:R 0.3:1
Analyst target$29.57+21.4%7 analysts
$25.73our TP
$24.36price
$29.57mean
$33

Hold if already holding. Not a fresh buy at $24.36, but acceptable to hold if already in. Reasons: Concentration risk — Customer: largest customer (49% of revenues) (49.0%); Concentration risk — Geographic: MENA region. Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Mixed signals. Hold existing position. Score 5.6/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: aggressive.

Thesis

Rewards
Strong earnings beat streak (3/4)
Attractive valuation
Risks
Concentration risk — Customer: largest customer (49% of revenues) (49.0%)
Concentration risk — Geographic: MENA region
Thin upside margin: 4.8%

Key Metrics

P/E (TTM)46.6
P/E (Fwd)10.1
Mkt Cap$2.4B
EV/EBITDA11.1
Profit Mgn3.9%
ROE5.5%
Rev Growth15.9%
Beta0.29
DividendNone
Rating analysts13

Quality Signals

Piotroski F7/9

Options Flow

P/C5.00bearish
IV77%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomerlargest customer (49% of revenues)49%
    10-K Item 1A: 'Revenues from four customers individually accounted for 49%, 9%, 8% and 7% of the Company’s consolidated revenues in the year ended December 31, 2025'
  • HIGHGeographicMENA region
    10-K Item 1A: 'Our operations and our primary customers are located in the MENA region and all are in the energy industry.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
3.4
Value Rank
4.2
Growth Rank
8.1
Industry growth leader
GatesA.R:R 0.3 < 1.5@spotEARNINGS PROXIMITY 5d<=7dMomentum 6.4>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
65 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $20.57Resistance $25.64

Price Targets

$23
$26
A.Upside+5.6%
A.R:R0.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Reward/Risk 0.3:1 at current price — below 1.5:1 minimum
! EARNINGS_PROXIMITY:5d<=7d

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-05-06 (5d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is NESR stock a buy right now?

Hold if already holding. Not a fresh buy at $24.36, but acceptable to hold if already in. Reasons: Concentration risk — Customer: largest customer (49% of revenues) (49.0%); Concentration risk — Geographic: MENA region. Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Mixed signals. Hold existing position. Target $25.73 (+5.6%), stop $22.83 (−6.7%), A.R:R 0.3:1. Score 5.6/10, moderate confidence.

What is the NESR stock price target?

Take-profit target: $25.73 (+4.8% upside). Target $25.73 (+5.6%), stop $22.83 (−6.7%), A.R:R 0.3:1. Stop-loss: $22.83.

What are the risks of investing in NESR?

Concentration risk — Customer: largest customer (49% of revenues) (49.0%); Concentration risk — Geographic: MENA region; Thin upside margin: 4.8%.

Is NESR overvalued or undervalued?

National Energy Services Reunit trades at a P/E of 46.6 (forward 10.1). TrendMatrix value score: 7.1/10. Verdict: Hold.

What do analysts say about NESR?

13 analysts cover NESR with a consensus score of 4.2/5. Average price target: $30.

What does National Energy Services Reunit do?National Energy Services Reunited is a major oilfield services provider in the MENA region offering production services...

National Energy Services Reunited is a major oilfield services provider in the MENA region offering production services (hydraulic fracturing, cementing, coiled tubing) and drilling & evaluation services primarily to national oil companies. Revenue of $1.324 billion in 2025 came almost entirely from MENA, with the largest single customer accounting for 49% of revenues.

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