NeoVolta Inc. (NEOV)
NASDAQ: NEOV · Real-Time Price · USD
5.49
+0.42 (8.28%)
Nov 21, 2024, 4:00 PM EST - Market closed

NeoVolta Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for NeoVolta stock has a target of 7.50, which predicts an increase of 36.61% from the current stock price of 5.49.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.50 $7.50 $7.50 $7.50
Change +36.61% +36.61% +36.61% +36.61%

Analyst Ratings

According to 1 stock analyst, the rating for NeoVolta is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 11111
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Maintains
$4.75$7.5
Strong Buy Maintains $4.75$7.5 +36.61% Nov 13, 2024
Maxim Group
Maxim Group
Strong Buy
Maintains
$4.25$4.75
Strong Buy Maintains $4.25$4.75 -13.48% Oct 1, 2024
Maxim Group
Maxim Group
Strong Buy
Maintains
$8$5
Strong Buy Maintains $8$5 -8.93% Feb 15, 2023
Maxim Group
Maxim Group
Strong Buy
Initiates
$10
Strong Buy Initiates $10 +82.15% Oct 14, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
9.28M
from 2.65M
Increased by 250.92%
Revenue Next Year
16.12M
from 9.28M
Increased by 73.63%
EPS This Year
-0.05
from -0.07
EPS Next Year
0.01
from -0.05
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
2.01M4.82M4.47M3.46M2.65M9.28M16.12M18.05M
Revenue Growth
-139.78%-7.26%-22.75%-23.46%250.92%73.63%12.03%
EPS
-0.12-0.43-0.28-0.08-0.07-0.050.010.01
EPS Growth
--------
Forward PE
------538.24538.24
No. Analysts -----333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 9.6M 16.6M 18.6M
Avg 9.3M 16.1M 18.1M
Low 8.9M 15.5M 17.3M

Revenue Growth

Revenue Growth 202520262027
High
261.2%
78.7%
15.3%
Avg
250.9%
73.6%
12.0%
Low
237.2%
66.8%
7.6%

EPS Forecast

EPS 202520262027
High -0.05 0.01 0.01
Avg -0.05 0.01 0.01
Low -0.05 0.01 0.01

EPS Growth

EPS Growth 202520262027
High - -
2.9%
Avg - - -
Low - -
-3.9%
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.