nVent Electric Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for nVent Electric stock have an average target of 70.38, with a low estimate of 59 and a high estimate of 86. The average target predicts an increase of 41.21% from the current stock price of 49.84.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$59	$70.38	$74	$86
Change	+18.38%	+41.21%	+48.48%	+72.55%

Analyst Ratings

The average analyst rating for nVent Electric stock from 8 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 '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	3	3	3	3	4	4
Buy	3	3	3	3	4	4
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vladimir Bystricky Citigroup	Citigroup	Strong Buy Maintains $85 → $59	Strong Buy	Maintains	$85 → $59	+18.38%	Apr 14, 2025
Julian Mitchell Barclays	Barclays	Buy Maintains $70 → $65	Buy	Maintains	$70 → $65	+30.42%	Apr 10, 2025
Jeffrey Hammond Keybanc	Keybanc	Buy Maintains $75 → $60	Buy	Maintains	$75 → $60	+20.39%	Apr 8, 2025
Julian Mitchell Barclays	Barclays	Buy Maintains $75 → $70	Buy	Maintains	$75 → $70	+40.45%	Apr 4, 2025
Joe Ritchie Goldman Sachs	Goldman Sachs	Strong Buy Maintains $86 → $74	Strong Buy	Maintains	$86 → $74	+48.48%	Apr 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.29B

from 3.01B

9.41%

from 3.01B

Revenue Next Year

3.47B

from 3.29B

5.53%

from 3.29B

EPS This Year

3.08

from 1.97

56.37%

from 1.97

EPS Next Year

3.38

from 3.08

9.59%

from 3.08

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.00B	2.46B	2.30B	2.67B	3.01B	3.29B	3.47B	3.66B
Revenue Growth	-9.32%	23.19%	-6.78%	16.29%	12.63%	9.41%	5.53%	5.56%
EPS	-0.28	1.61	2.37	3.37	1.97	3.08	3.38	3.72
EPS Growth	-	-	47.45%	41.89%	-41.49%	56.37%	9.59%	10.04%
Forward PE	-	-	-	-	-	16.17	14.76	13.41
No. Analysts	-	-	-	-	-	15	14	5

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

Revenue Forecast

Revenue	2025	2026	2027
High	3.5B	3.7B	3.9B
Avg	3.3B	3.5B	3.7B
Low	3.2B	3.3B	3.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.0%	11.0%	11.3%
Avg	9.4%	5.5%	5.6%
Low	5.4%	0.9%	0.2%

EPS Forecast

EPS	2025	2026	2027
High	3.26	3.77	4.19
Avg	3.08	3.38	3.72
Low	2.94	2.98	3.37

EPS Growth

EPS Growth	2025	2026	2027
High	65.1%	22.3%	24.0%
Avg	56.4%	9.6%	10.0%
Low	49.2%	-3.3%	-0.2%

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.