Enovis Corporation (ENOV)
NYSE: ENOV · IEX Real-Time Price · USD
44.71
+0.36 (0.81%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Enovis Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Enovis stock have an average target of 71.4, with a low estimate of 53 and a high estimate of 82. The average target predicts an increase of 59.70% from the current stock price of 44.71.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Enovis stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 5 | 4 | 4 | 4 | 5 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 9 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $70 → $62 | Buy | Maintains | $70 → $62 | +38.67% | Jul 2, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $53 | Hold | Initiates | $53 | +18.54% | Jun 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +83.40% | May 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +83.40% | Apr 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $73 → $79 | Buy | Maintains | $73 → $79 | +76.69% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
2.16B
from 1.71B
Increased by 26.76%
Revenue Next Year
2.32B
from 2.16B
Increased by 7.39%
EPS This Year
2.67
from -0.61
EPS Next Year
3.14
from 2.67
Increased by 17.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.4B | 2.6B | 2.9B | 3.1B |
| Avg | 2.2B | 2.3B | 2.5B | 2.8B | 3.0B |
| Low | 2.1B | 2.2B | 2.4B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.7% | 12.8% | 13.7% | 13.6% | 12.0% |
| Avg | 26.8% | 7.4% | 7.9% | 10.4% | 8.8% |
| Low | 20.9% | 1.2% | 1.7% | 6.1% | 4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.79 | 3.36 | 4.86 | 5.70 | 6.71 |
| Avg | 2.67 | 3.14 | 3.79 | 5.54 | 6.52 |
| Low | 2.53 | 2.91 | 3.38 | 5.32 | 6.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 25.8% | 54.7% | 50.4% | 21.1% |
| Avg | - | 17.7% | 20.6% | 46.1% | 17.7% |
| Low | - | 9.0% | 7.6% | 40.4% | 13.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.