Newpark Resources Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Newpark Resources stock have an average target of 10.75, with a low estimate of 10 and a high estimate of 12. The average target predicts an increase of 45.47% from the current stock price of 7.39.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$10	$10.75	$11	$12
Change	+35.32%	+45.47%	+48.85%	+62.38%

Analyst Ratings

The average analyst rating for NR stock from 4 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	2	2	2	3	4
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	1	2	2	2	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alex Rygiel B. Riley Securities	B. Riley Securities	Strong Buy Initiates $10	Strong Buy	Initiates	$10	+35.32%	Apr 9, 2024
Gerry Sweeney Roth MKM	Roth MKM	Strong Buy Initiates $10	Strong Buy	Initiates	$10	+35.32%	Mar 8, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $12	Strong Buy	Initiates	$12	+62.38%	Dec 5, 2023
Aaron Spychalla Craig-Hallum	Craig-Hallum	Strong Buy Initiates $11	Strong Buy	Initiates	$11	+48.85%	Oct 25, 2023
Jacob Lundberg Credit Suisse	Credit Suisse	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jul 30, 2018

More Analyst Ratings

Financial Forecast

Revenue This Year

734.73M

from 749.60M

-1.98%

from 749.60M

Revenue Next Year

779.86M

from 734.73M

6.14%

from 734.73M

EPS This Year

0.32

from 0.16

101.71%

from 0.16

EPS Next Year

0.45

from 0.32

38.30%

from 0.32

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	820.12M	492.63M	614.78M	815.59M	749.60M	734.73M	779.86M
Revenue Growth	-13.36%	-39.93%	24.80%	32.66%	-8.09%	-1.98%	6.14%
EPS	-0.14	-0.89	-0.28	-0.22	0.16	0.32	0.45
EPS Growth	-	-	-	-	-	101.71%	38.30%
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2024	2025
High	761.3M	806.4M
Avg	734.7M	779.9M
Low	678.2M	729.1M

Revenue Growth

Revenue Growth	2024	2025
High	1.6%	9.8%
Avg	-2.0%	6.1%
Low	-9.5%	-0.8%

EPS Forecast

EPS	2024	2025
High	0.38	0.48
Avg	0.32	0.45
Low	0.25	0.40

EPS Growth

EPS Growth	2024	2025
High	136.3%	49.7%
Avg	101.7%	38.3%
Low	59.3%	24.5%

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.