NOVONIX Limited (NVX)
NASDAQ: NVX · Real-Time Price · USD
1.190
0.00 (0.00%)
Apr 28, 2025, 4:00 PM EDT - Market closed
NOVONIX Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for NOVONIX stock has a target of 4.00, which predicts an increase of 236.13% from the current stock price of 1.19.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 30, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for NOVONIX is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 |
|---|---|
| Strong Buy | 1 |
| Buy | 0 |
| Hold | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +236.13% | May 30, 2024 |
Financial Forecast
Revenue This Year
9.76M
from 5.85M
Increased by 66.66%
Revenue Next Year
240.67M
from 9.76M
Increased by 2,366.64%
EPS This Year
-0.18
from -0.15
EPS Next Year
-0.15
from -0.18
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 10.1M | 250.2M |
| Avg | 9.8M | 240.7M |
| Low | 9.5M | 233.5M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 73.3% | 2,464.3% |
| Avg | 66.7% | 2,366.6% |
| Low | 61.7% | 2,293.4% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.19 | -0.16 |
| Avg | -0.18 | -0.15 |
| Low | -0.18 | -0.15 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.