Ingevity Corporation (NGVT)

Ingevity Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Ingevity stock have an average target of 54.6, with a low estimate of 40 and a high estimate of 65. The average target predicts an increase of 20.61% from the current stock price of 45.27.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$54.6	$56	$65
Change	-11.64%	+20.61%	+23.70%	+43.58%

Analyst Ratings

The average analyst rating for Ingevity stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	2
Hold	3	3	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John McNulty BMO Capital	BMO Capital	Hold → Buy Upgrades $62 → $65	Hold → Buy	Upgrades	$62 → $65	+43.58%	Feb 26, 2025
John McNulty BMO Capital	BMO Capital	Hold Maintains $61 → $62	Hold	Maintains	$61 → $62	+36.96%	Feb 20, 2025
John McNulty BMO Capital	BMO Capital	Hold Maintains $40 → $47	Hold	Maintains	$40 → $47	+3.82%	Oct 31, 2024
John McNulty BMO Capital	BMO Capital	Hold Maintains $42 → $40	Hold	Maintains	$42 → $40	-11.64%	Sep 30, 2024
John McNulty BMO Capital	BMO Capital	Hold Maintains $45 → $42	Hold	Maintains	$45 → $42	-7.22%	Aug 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.48B

Increased by 5.02%

from 1.41B

Revenue Next Year

1.56B

Increased by 5.62%

from 1.48B

EPS This Year

4.36

from -11.85

EPS Next Year

5.16

Increased by 18.28%

from 4.36

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.22B	1.39B	1.67B	1.69B	1.41B	1.48B	1.56B	1.60B
Revenue Growth	-5.94%	14.42%	19.89%	1.43%	-16.88%	5.02%	5.62%	2.31%
EPS	4.37	2.95	5.50	-0.15	-11.85	4.36	5.16	6.22
EPS Growth	0.46%	-32.49%	86.44%	-	-	-	18.28%	20.63%
Forward PE	-	-	-	-	-	10.38	8.78	7.28
No. Analysts	-	-	-	-	-	6	5	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.6B	1.7B	1.7B
Avg	1.5B	1.6B	1.6B
Low	1.4B	1.4B	1.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.2%	14.6%	9.4%
Avg	5.0%	5.6%	2.3%
Low	-2.1%	-3.9%	-5.6%

EPS Forecast

EPS	2025	2026	2027
High	4.99	5.85	6.67
Avg	4.36	5.16	6.22
Low	3.53	4.31	5.73

EPS Growth

EPS Growth	2025	2026	2027
High	-	34.1%	29.3%
Avg	-	18.3%	20.6%
Low	-	-1.1%	11.2%

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.