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Model output · Signal date 2026-10-16

National Energy Services Reunited Corp. (NESR) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D Neutral Alpha
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Middle 30% of 5171 stocks scored
Rank correlation · 90D 23.0% Spearman, 357 dates
Market Cap $1.93B small-cap · #8 of 18 peers
Summary

National Energy Services Reunited Corp. (NESR) stock forecast summary

On Oct. 16, 2026, NESR is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5171 stocks scored that day.

National Energy Services Reunited Corp. is a small-cap company with a market capitalization of $1.93B. It ranks number 8 by market capitalization among the 18 Oil & Gas Field Services, NEC issuers in our coverage with a current forecast.

For NESR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 23.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -5.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.7%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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Price

NESR price chart and AI forecast

NESR
Cross-section · 2026-10-16

How NESR ranks among 5171 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

National Energy Services Reunited Corp. (NESR) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Oil & Gas Field Services, NEC peers listed below that report each metric.

Valuation & Market

MetricNESRIndustry medianRank
Market Cap $1.93B $1.14B 8/18
P/E Ratio 24.19x 22.92x 5/13
P/B Ratio 1.85x 1.36x 6/16
EPS $0.79 – –
Book Value/Share $10.33 – –
Revenue/Share $16.05 – –
FCF/Share $1.55 – –

Profitability & Margins

MetricNESRIndustry medianRank
ROE 9.0% 6.1% 5/14
ROA 4.5% 2.9% 4/11
ROIC 11.7% 4.0% 3/13
Gross Margin 13.4% 18.5% 12/13
Operating Margin 9.3% 3.4% 6/16
Net Margin 5.8% 4.0% 5/14
EBT Margin 7.2% 3.7% 5/17
Tax Rate 20.2% – –

Financial Health

MetricNESRIndustry medianRank
Current Ratio 1.02x 1.93x 15/17
Quick Ratio 0.86x 1.50x 13/15
D/E Ratio 1.01x 1.19x 10/16
Financial Leverage 2.01x 2.29x 9/13
Interest Coverage 9.2x 2.7x 6/17
Working Capital $14M $98M 15/17

Cash Flow

MetricNESRIndustry medianRank
Operating Cash Flow $350M $187M 4/18
Free Cash Flow $156M -$12M 5/16
Capital Spending -$194M -$144M 10/16
OCF Growth YoY 48.3% 2.0% 4/16
FCF Growth YoY 26.3% -56.8% 3/11
FCF/Sales 9.7% -1.1% 3/16
CapEx/Sales 12.0% 8.0% 7/16

Operational Efficiency

MetricNESRIndustry medianRank
Asset Turnover 0.77x 0.87x 8/13
Receivables Turnover 7.8x 5.1x 3/14
Inventory Turnover 11.1x 11.7x 7/11
Fixed Assets Turnover 3.0x 2.6x 8/16
Days Sales Outstanding 47 days 72 days 12/14
Days Inventory 33 days 31 days 5/11
Payables Period 157 days 49 days 1/11
Cash Conversion Cycle -77 days 38 days 9/9

Income Statement

MetricNESRIndustry medianRank
Total Revenue $1.62B $1.37B 7/16
Operating Income $151M $41M 3/17
Net Income $93M $30M 5/14
SG&A Expense $47M $82M 7/9
Cost of Goods Sold $1.40B $1.01B 4/14

Dividend & Shareholder Information

MetricNESRIndustry medianRank
Shares Outstanding 101M – –
Net Income Growth 12.5% -14.0% 2/9
EPS Growth 4.0% 1.4% 4/9

Balance Sheet Highlights (USD millions)

Total Current Assets$815M38.9% of assets
Cash & Short-term Investments$175M8.3% of assets
Accounts Receivable$209M10.0% of assets
Inventory$126M6.0% of assets
Total Liabilities$1.06B50.3% of assets
Short-term Debt$198M9.5% of assets
Quarterly Financial Reports

NESR quarterly financials and insider trading

Industry Peers · Oil & Gas Field Services, NEC

National Energy Services Reunited Corp. (NESR) industry peers

Companies classified under the same SEC industry code as National Energy Services Reunited Corp. (Oil & Gas Field Services, NEC): 18 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
NESR National Energy Services Reunited Corp. ▶ $1.93B 24.2x 1.9x
SLB Slb Limited/Nv ▶ $71.79B 22.7x 2.8x
HAL Halliburton Co ▼ $27.40B 20.7x 2.5x
OII Oceaneering International Inc ▲ $4.28B 12.0x 3.7x
WBI Waterbridge Infrastructure Llc ▼ $3.55B – 4.7x
LBRT Liberty Energy Inc. ▲ $2.73B 23.2x 1.4x
WTTR Select Water Solutions, Inc. ▶ $2.52B 78.8x 3.8x
HOS Hornbeck Offshore Services, Inc. ▲ $2.15B 18.7x 1.4x
RES Rpc Inc ▶ $1.31B 39.5x 1.2x
PUMP Propetro Holding Corp. ▲ $975M 794.0x 1.2x
ACDC Profrac Holding Corp. ▲ $734M – 1.0x
NGS Natural Gas Services Group Inc ▲ $399M 21.2x 1.4x
RNGR Ranger Energy Services, Inc. ▲ $338M 22.9x 1.1x
NOA North American Construction Group Ltd. ▶ $330M 9.2x 1.0x
KLXE Klx Energy Services Holdings, Inc. ▲ $139M – –
TUSK Mammoth Energy Services, Inc. ▼ $130M – 0.5x
NINE Nine Energy Service, Inc. ▲ $116M – 0.9x
RCON Recon Technology, Ltd ▼ $21M 81.0x –

Where NESR sits on the market map

Energy & Transportation · Oil & Gas Field Services, NEC
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News

National Energy Services Reunited Corp. (NESR) stock news

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FAQ

National Energy Services Reunited Corp. (NESR) stock forecast FAQ

What is the National Energy Services Reunited Corp. (NESR) stock forecast?

On Oct. 16, 2026, NESR is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5171 stocks scored that day.

How accurate are National Energy Services Reunited Corp. stock predictions?

For NESR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 23.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -5.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are National Energy Services Reunited Corp. forecasts updated?

National Energy Services Reunited Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are National Energy Services Reunited Corp.'s industry peers?

18 issuers in our coverage, NESR included, share the SEC industry code Oil & Gas Field Services, NEC. The largest are: Slb Limited/Nv (SLB), Halliburton Co (HAL), Oceaneering International Inc (OII), Waterbridge Infrastructure Llc (WBI), Liberty Energy Inc. (LBRT), Select Water Solutions, Inc. (WTTR).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.