nVent Electric plc (NVT)
NYSE: NVT · Real-Time Price · USD
68.79
+0.51 (0.75%)
Nov 4, 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 24.04% from the current stock price of 68.79.
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 | +16.30% | Nov 4, 2024 |
| Keybanc | Keybanc | Buy Maintains $80 → $84 | Buy | Maintains | $80 → $84 | +22.11% | Oct 14, 2024 |
| Barclays | Barclays | Buy Maintains $87 → $86 | Buy | Maintains | $87 → $86 | +25.02% | Oct 2, 2024 |
| Keybanc | Keybanc | Hold → Buy Upgrades $80 | Hold → Buy | Upgrades | $80 | +16.30% | Sep 4, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $88 → $82 | Buy | Maintains | $88 → $82 | +19.20% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
3.64B
from 3.26B
Increased by 11.53%
Revenue Next Year
3.87B
from 3.64B
Increased by 6.18%
EPS This Year
3.29
from 3.37
Decreased by -2.26%
EPS Next Year
3.55
from 3.29
Increased by 7.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9B | 4.3B | 4.5B | ||
| Avg | 3.6B | 3.9B | 4.0B | ||
| Low | 3.0B | 3.3B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.4% | 17.1% | 16.8% | ||
| Avg | 11.5% | 6.2% | 3.4% | ||
| Low | -8.6% | -10.4% | -12.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.45 | 3.86 | 4.16 |
| Avg | 3.29 | 3.55 | 3.84 |
| Low | 3.18 | 3.01 | 3.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5% | 17.3% | 17.2% |
| Avg | -2.3% | 7.7% | 8.1% |
| Low | -5.8% | -8.6% | -9.4% |
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.