Nevro Corp. (NVRO)
NYSE: NVRO · IEX Real-Time Price · USD
9.10
-0.37 (-3.91%)
At close: Jul 19, 2024, 4:00 PM
50.00
+40.90 (449.45%)
After-hours: Jul 20, 2024, 1:30 PM EDT
Nevro Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Nevro stock have an average target of 15.63, with a low estimate of 8.20 and a high estimate of 40. The average target predicts an increase of 71.76% from the current stock price of 9.10.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Nevro stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 10 | 10 | 11 | 11 | 11 | 11 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 12 | 12 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $11 → $10 | Hold | Maintains | $11 → $10 | +9.89% | Jul 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $14 → $9 | Hold | Maintains | $14 → $9 | -1.10% | Jul 15, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $9 → $8.2 | Strong Sell | Maintains | $9 → $8.2 | -9.89% | Jul 10, 2024 |
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $14 → $9 | Hold → Strong Sell | Downgrades | $14 → $9 | -1.10% | May 22, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $17 → $11 | Hold | Maintains | $17 → $11 | +20.88% | May 8, 2024 |
Financial Forecast
Revenue This Year
448.69M
from 425.17M
Increased by 5.53%
Revenue Next Year
473.82M
from 448.69M
Increased by 5.60%
EPS This Year
-2.31
from -2.56
EPS Next Year
-2.15
from -2.31
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 466.0M | 496.7M | 527.7M | 561.4M | 596.6M |
| Avg | 448.7M | 473.8M | 502.7M | 540.6M | 578.5M |
| Low | 426.3M | 444.9M | 470.5M | 507.5M | 554.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.6% | 10.7% | 11.4% | 11.7% | 10.4% |
| Avg | 5.5% | 5.6% | 6.1% | 7.5% | 7.0% |
| Low | 0.3% | -0.8% | -0.7% | 1.0% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.37 | -1.13 | -1.40 | -1.09 | -0.48 |
| Avg | -2.31 | -2.15 | -1.76 | -1.06 | -0.47 |
| Low | -2.73 | -2.70 | -2.05 | -1.02 | -0.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.