Nelnet Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Nelnet stock has a target of 98, which predicts a decrease of -7.42% from the current stock price of 105.85.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$98	$98	$98	$98
Change	-7.42%	-7.42%	-7.42%	-7.42%

* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Nelnet is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Moshe Orenbuch TD Cowen	TD Cowen	Hold Maintains $96 → $98	Hold	Maintains	$96 → $98	-7.42%	Aug 12, 2024
Moshe Orenbuch TD Cowen	TD Cowen	Hold Maintains $90 → $96	Hold	Maintains	$90 → $96	-9.31%	May 14, 2024
Moshe Orenbuch TD Cowen	TD Cowen	Hold Initiates $95	Hold	Initiates	$95	-10.25%	Nov 1, 2023
Moshe Orenbuch Credit Suisse	Credit Suisse	Hold Reiterates $90	Hold	Reiterates	$90	-14.97%	May 11, 2023
Moshe Orenbuch Credit Suisse	Credit Suisse	Hold Maintains $88 → $93	Hold	Maintains	$88 → $93	-12.14%	Nov 9, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

1.37B

Revenue Next Year

1.45B

from 1.37B

5.55%

from 1.37B

EPS This Year

4.57

from 2.45

86.62%

from 2.45

EPS Next Year

5.96

from 4.57

30.51%

from 4.57

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	1.37B	1.45B
Revenue Growth	-2.16%	7.46%	22.97%	11.52%	-22.38%	-	5.55%
EPS	3.54	9.02	10.20	10.83	2.45	4.57	5.96
EPS Growth	-36.44%	154.83%	13.00%	6.25%	-77.42%	86.62%	30.51%
Forward PE	-	-	-	-	-	23.19	17.77
No. Analysts	-	-	-	-	-	2	2

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

Revenue Forecast

Revenue	2024	2025
High	1.4B	1.5B
Avg	1.4B	1.4B
Low	1.3B	1.4B

Revenue Growth

Revenue Growth	2024	2025
High	-	9.7%
Avg	-	5.6%
Low	-	2.4%

EPS Forecast

EPS	2024	2025
High	4.75	6.19
Avg	4.57	5.96
Low	4.43	5.78

EPS Growth

EPS Growth	2024	2025
High	94.0%	35.7%
Avg	86.6%	30.5%
Low	81.1%	26.6%

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.