NEP Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for NEP stock have an average target of 25.14, with a low estimate of 14 and a high estimate of 32. The average target predicts an increase of 53.76% from the current stock price of 16.35.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$14	$25.14	$26	$32
Change	-14.37%	+53.76%	+59.02%	+95.72%

Analyst Ratings

The average analyst rating for NEP stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	2	1	1
Buy	3	2	2	2	2	2
Hold	9	11	11	9	10	10
Sell	2	3	3	3	3	3
Strong Sell	1	1	1	1	1	1
Total	16	18	18	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Angie Storozynski Seaport Global	Seaport Global	Strong Sell Maintains $15 → $14	Strong Sell	Maintains	$15 → $14	-14.37%	Oct 28, 2024
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy → Hold Downgrades $22	Strong Buy → Hold	Downgrades	$22	+34.56%	Oct 28, 2024
Michael Lonegan Evercore ISI Group	Evercore ISI Group	Buy Maintains $32 → $30	Buy	Maintains	$32 → $30	+83.49%	Oct 24, 2024
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $28 → $27	Strong Buy	Maintains	$28 → $27	+65.14%	Oct 24, 2024
Mark Strouse JP Morgan	JP Morgan	Sell → Hold Upgrades $25 → $22	Sell → Hold	Upgrades	$25 → $22	+34.56%	Oct 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.30B

from 1.08B

20.50%

from 1.08B

Revenue Next Year

1.35B

from 1.30B

3.77%

from 1.30B

EPS This Year

1.86

from 2.18

-14.88%

from 2.18

EPS Next Year

2.14

from 1.86

15.21%

from 1.86

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	855.00M	917.00M	722.00M	969.00M	1.08B	1.30B	1.35B	1.42B
Revenue Growth	10.89%	7.25%	-21.26%	34.21%	11.25%	20.50%	3.77%	5.19%
EPS	-1.51	-0.81	1.77	5.62	2.18	1.86	2.14	2.04
EPS Growth	-	-	-	216.60%	-61.20%	-14.88%	15.21%	-4.56%
Forward PE	-	-	-	-	-	8.81	7.65	8.01
No. Analysts	-	-	-	-	-	15	15	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.6B	1.6B	1.7B
Avg	1.3B	1.3B	1.4B
Low	1.2B	1.1B	1.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	48.7%	24.9%	28.6%
Avg	20.5%	3.8%	5.2%
Low	7.3%	-11.9%	-14.7%

EPS Forecast

EPS	2024	2025	2026
High	3.42	3.77	3.49
Avg	1.86	2.14	2.04
Low	0.87	0.85	0.26

EPS Growth

EPS Growth	2024	2025	2026
High	57.0%	103.3%	63.1%
Avg	-14.9%	15.2%	-4.6%
Low	-60.0%	-54.1%	-87.6%

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.