Newpark Resources Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Newpark Resources stock have an average target of 11, with a low estimate of 10 and a high estimate of 12. The average target predicts an increase of 40.84% from the current stock price of 7.81.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$10	$11	$11	$12
Change	+28.04%	+40.84%	+40.84%	+53.65%

Analyst Ratings

The average analyst rating for NR stock from 3 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	4	4	4	4	3
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+53.65%	Nov 11, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+53.65%	Sep 19, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+53.65%	Aug 7, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+53.65%	May 6, 2024
Alex Rygiel B. Riley Securities	B. Riley Securities	Strong Buy Maintains $10 → $11	Strong Buy	Maintains	$10 → $11	+40.84%	May 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

477.96M

from 749.60M

-36.24%

from 749.60M

Revenue Next Year

255.01M

from 477.96M

-46.65%

from 477.96M

EPS This Year

0.35

from 0.16

115.66%

from 0.16

EPS Next Year

0.38

from 0.35

10.45%

from 0.35

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	820.12M	492.63M	614.78M	815.59M	749.60M	477.96M	255.01M	287.91M
Revenue Growth	-13.36%	-39.93%	24.80%	32.66%	-8.09%	-36.24%	-46.65%	12.90%
EPS	-0.14	-0.89	-0.28	-0.22	0.16	0.35	0.38	0.47
EPS Growth	-	-	-	-	-	115.66%	10.45%	23.42%
Forward PE	-	-	-	-	-	22.63	20.49	16.60
No. Analysts	-	-	-	-	-	7	7	6

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

Revenue Forecast

Revenue	2024	2025	2026
High	487.7M	270.7M	295.7M
Avg	478.0M	255.0M	287.9M
Low	454.3M	229.1M	271.9M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-34.9%	-43.4%	15.9%
Avg	-36.2%	-46.6%	12.9%
Low	-39.4%	-52.1%	6.6%

EPS Forecast

EPS	2024	2025	2026
High	0.39	0.42	0.49
Avg	0.35	0.38	0.47
Low	0.29	0.34	0.43

EPS Growth

EPS Growth	2024	2025	2026
High	142.8%	21.7%	29.5%
Avg	115.7%	10.4%	23.4%
Low	83.7%	-0.6%	13.1%

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.