National Energy Services Reunit (NESR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.44
- Estimate
- $0.35
- Surprise
- +24.7%
- Revenue (period 2026-06-30)
- $520.8M
- Score at report (before → after)
- 6.4 → 6.4/10
Revenue source: xbrl.
How the report landed
National Energy Services Reunit (NESR) beat the $0.35 estimate with diluted EPS of $0.44 — a large 24.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.4/10) to Hold at 6.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NESR Hold at 6.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +24.7% surprise compares with a +20.4% four-quarter average. Next scheduled report: 2026-11-12.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Thin upside margin: 8.4%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
- Momentum score 4.1/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $35.00
- Price target
- $37.41
- Stop
- $32.09
- Upside to target
- +6.9%
- Reward-to-risk
- 0.6:1
The stock trades at 37.8× trailing but 12.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
NESR at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $3.50B
- P/E (fwd)
- 12.6
- P/E (ttm)
- 37.8
- 52-week range
- $9.29–$36.94
- Off 52-week high
- 5.3%
- RSI (14)
- 38
- Volume vs avg
- 0.84×
- Score today
- 6.4/10