QM · rank #12 · 2026-10-20
NESR
NASDAQ · $2.30B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +220.04% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +9.4% |
| Profit margin Net profit margin, trailing 12 months. | +5.8% |
| Market cap (USD) Size filter: > $500M required. | $2.30B |
| Anchor (recent) Close on 2026-09-18 | $32.58 |
| Anchor (far) Close on 2025-09-19 | $10.18 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
NESR is a MENA-focused oilfield-services company executing a rapid contract ramp in Saudi Arabia and Kuwait while piloting a direct-lithium-extraction platform under the LiThara brand.
Rationale
The momentum_12_1 signal of 2.20 is reinforced by concrete fundamental drivers—59% YoY revenue growth, record Q2 revenue of $520.8M, a $200M Aramco DLE award, and ~$300M Kuwait contracts—giving the price trend an earnings-based anchor rather than pure sentiment.
Material risks
- 1Single-customer concentration at 49% of 2025 revenue means any pullback in Saudi Aramco activity or internalization of fracturing capacity directly collapses the revenue base underpinning both the quality and momentum signals.
- 2LiThara remains a demonstration project with no proven commercial scale; failure to hit the 2,000-tonne target or displacement by competing DLE technologies would remove the optionality premium currently embedded in the stock.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.