nVent Electric plc (NVT)
NYSE: NVT · Real-Time Price · USD
72.32
+1.11 (1.56%)
At close: Jan 17, 2025, 4:00 PM
73.00
+0.68 (0.94%)
After-hours: Jan 17, 2025, 4:23 PM EST
nVent Electric Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for nVent Electric stock have an average target of 86.17, with a low estimate of 83 and a high estimate of 90. The average target predicts an increase of 19.15% from the current stock price of 72.32.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for nVent Electric stock from 6 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $91 → $90 | Strong Buy | Maintains | $91 → $90 | +24.45% | Jan 13, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $80 → $85 | Buy | Maintains | $80 → $85 | +17.53% | Jan 3, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $78 → $91 | Strong Buy | Maintains | $78 → $91 | +25.83% | Dec 9, 2024 |
| Barclays | Barclays | Buy Maintains $76 → $88 | Buy | Maintains | $76 → $88 | +21.68% | Dec 5, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $82 → $80 | Buy | Maintains | $82 → $80 | +10.62% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
3.16B
from 3.26B
Decreased by -3.08%
Revenue Next Year
3.39B
from 3.16B
Increased by 7.21%
EPS This Year
2.58
from 3.37
Decreased by -23.35%
EPS Next Year
3.04
from 2.58
Increased by 17.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.8B | 4.1B | 4.6B | |||
| Avg | 3.2B | 3.4B | 3.6B | |||
| Low | 3.0B | 3.2B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 16.7% | 31.0% | 36.0% | |||
| Avg | -3.1% | 7.2% | 6.7% | |||
| Low | -9.4% | 0.8% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.30 | 3.33 | 3.83 | ||
| Avg | 2.58 | 3.04 | 3.44 | ||
| Low | 2.44 | 2.68 | 2.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.2% | 28.9% | 25.9% | ||
| Avg | -23.4% | 17.8% | 13.0% | ||
| Low | -27.6% | 3.6% | -1.8% |
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.