Enovis Corporation (ENOV)
NYSE: ENOV · IEX Real-Time Price · USD
56.17
+0.70 (1.26%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Enovis Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Enovis stock have an average target of 74.88, with a low estimate of 70 and a high estimate of 82. The average target predicts an increase of 33.31% from the current stock price of 56.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Enovis stock from 9 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 5 | 5 | 5 |
| Buy | 3 | 3 | 4 | 5 | 5 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 8 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +45.99% | Apr 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $73 → $79 | Buy | Maintains | $73 → $79 | +40.64% | Feb 23, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $73 → $75 | Strong Buy | Maintains | $73 → $75 | +33.52% | Feb 23, 2024 |
| Needham | Needham | Strong Buy Maintains $73 → $82 | Strong Buy | Maintains | $73 → $82 | +45.99% | Feb 23, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $72 | Buy | Initiates | $72 | +28.18% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
2.16B
from 1.71B
Increased by 26.41%
Revenue Next Year
2.32B
from 2.16B
Increased by 7.46%
EPS This Year
2.65
from -0.61
EPS Next Year
3.11
from 2.65
Increased by 17.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2B | 2.4B | 2.6B |
| Avg | 2.2B | 2.3B | 2.5B |
| Low | 2.1B | 2.2B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.8% | 11.9% | 12.9% |
| Avg | 26.4% | 7.5% | 7.6% |
| Low | 20.8% | 2.1% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.78 | 3.32 | 4.76 | 4.35 |
| Avg | 2.65 | 3.11 | 3.77 | 4.22 |
| Low | 2.46 | 2.81 | 3.34 | 4.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 25.2% | 53.1% | 15.3% |
| Avg | - | 17.3% | 21.3% | 12.1% |
| Low | - | 6.2% | 7.6% | 7.7% |
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.