QM · rank #15 · 2026-10-27
NESR
NASDAQ · $2.13B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +205.13% |
|---|---|
| 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. | $2.13B |
| Anchor (recent) Close on 2026-09-25 | $32.13 |
| Anchor (far) Close on 2025-09-26 | $10.53 |
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 integrated oilfield-services provider riding committed multi-year NOC contracts in Saudi Arabia, Kuwait, and Oman, with an emerging lithium-extraction technology platform.
Rationale
The momentum_12_1 signal of 2.05 is directly reinforced by a 59% YoY revenue surge, a Q2 beat of ~16% on revenue and ~26% on EPS, a raised $2B+ revenue objective, and $500M of freshly signed contracts — this is fundamental-driven momentum, not sentiment drift.
Material risks
- 1Customer concentration is acute — one customer (almost certainly Aramco) represented 49% of 2025 revenue, meaning any spending pullback, rebid loss, or scope reduction at a single NOC collapses the earnings trajectory that underpins both the momentum and quality signals.
- 2NESR competes against SLB, Halliburton, and Baker Hughes in technology-sensitive tenders with no confirmed sole-source or patent-based moat, creating real rebidding and margin-compression risk as Jafurah and Kuwait scopes mature and larger rivals pursue the same NOC wallet.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.