nVent Electric plc (NVT)
NYSE: NVT · Real-Time Price · USD
74.27
-1.24 (-1.64%)
Nov 20, 2024, 4:00 PM EST - Market closed
nVent Electric Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for nVent Electric stock have an average target of 85.33, with a low estimate of 80 and a high estimate of 92. The average target predicts an increase of 14.89% from the current stock price of 74.27.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $82 → $80 | Buy | Maintains | $82 → $80 | +7.72% | Nov 4, 2024 |
| Keybanc | Keybanc | Buy Maintains $80 → $84 | Buy | Maintains | $80 → $84 | +13.10% | Oct 14, 2024 |
| Barclays | Barclays | Buy Maintains $87 → $86 | Buy | Maintains | $87 → $86 | +15.79% | Oct 2, 2024 |
| Keybanc | Keybanc | Hold → Buy Upgrades $80 | Hold → Buy | Upgrades | $80 | +7.72% | Sep 4, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $88 → $82 | Buy | Maintains | $88 → $82 | +10.41% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
3.27B
from 3.26B
Increased by 0.29%
Revenue Next Year
3.46B
from 3.27B
Increased by 5.74%
EPS This Year
3.02
from 3.37
Decreased by -10.28%
EPS Next Year
3.20
from 3.02
Increased by 5.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.8B | 4.2B | 3.8B | ||
| Avg | 3.3B | 3.5B | 3.5B | ||
| Low | 3.0B | 3.2B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.6% | 28.8% | 9.0% | ||
| Avg | 0.3% | 5.7% | 1.6% | ||
| Low | -9.2% | -2.6% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.45 | 3.86 | 4.10 |
| Avg | 3.02 | 3.20 | 3.48 |
| Low | 2.45 | 2.68 | 2.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5% | 27.8% | 28.1% |
| Avg | -10.3% | 5.8% | 8.7% |
| Low | -27.3% | -11.5% | -6.5% |
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.