Nuvalent, Inc. (NUVL)
NASDAQ: NUVL · Real-Time Price · USD
89.22
+0.73 (0.83%)
Nov 1, 2024, 4:00 PM EDT - Market closed

Nuvalent Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Nuvalent stock have an average target of 112.4, with a low estimate of 97 and a high estimate of 135. The average target predicts an increase of 25.98% from the current stock price of 89.22.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $97 $112.4 $110 $135
Change +8.72% +25.98% +23.29% +51.31%

Analyst Ratings

The average analyst rating for Nuvalent stock from 10 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444333
Buy 555666
Hold 111001
Sell 000000
Strong Sell 000000
Total 1010109910

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Initiates
$100
Hold Initiates $100 +12.08% Oct 24, 2024
JP Morgan
JP Morgan
Buy
Maintains
$100$125
Buy Maintains $100$125 +40.10% Oct 4, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$99$105
Strong Buy Maintains $99$105 +17.69% Sep 16, 2024
Wedbush
Wedbush
Buy
Maintains
$99$115
Buy Maintains $99$115 +28.89% Sep 16, 2024
BMO Capital
BMO Capital
Buy
Maintains
$102$132
Buy Maintains $102$132 +47.95% Sep 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
489.60K
EPS This Year
-3.56
from -2.17
EPS Next Year
-4.33
from -3.56
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
------489.60K31.65M
Revenue Growth
-------6,363.44%
EPS
-6.48-5.08-2.13-1.65-2.17-3.56-4.33-4.53
EPS Growth
--------
Forward PE
--------
No. Analysts -----151513
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High n/a 5.0M 75.0M
Avg n/a 489,600 31.6M
Low n/a n/a n/a

Revenue Growth

Revenue Growth 20242025202620272028
High - -
15,221.1%
Avg - -
6,363.4%
Low - - -

EPS Forecast

EPS 20242025202620272028
High -3.34 -3.68 -3.43
Avg -3.56 -4.33 -4.53
Low -3.89 -5.21 -5.84

EPS Growth

EPS Growth 20242025202620272028
High - - -
Avg - - -
Low - - -
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.