NOVONIX Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for NOVONIX.

Price Target: n/a

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	n/a

Analyst Ratings

There are currently no analyst ratings available for NOVONIX.

Recommendation Trends

Rating	May '24
Strong Buy	0
Buy	0
Hold	0
Sell	0
Strong Sell	0
Total	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Dobson Chardan Capital	Chardan Capital	Strong Buy Initiates $4	Strong Buy	Initiates	$4	+258.74%	May 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.76M

from 5.85M

66.66%

from 5.85M

Revenue Next Year

240.67M

from 9.76M

2,366.64%

from 9.76M

EPS This Year

-0.18

from -0.15

EPS Next Year

-0.15

from -0.18

Fiscal Year	FY 2021	FY 2022	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.89M	6.10M	5.40M	8.05M	5.85M	9.76M	240.67M
Revenue Growth	36.57%	56.69%	-11.42%	49.03%	-27.32%	66.66%	2,366.64%
EPS	-0.04	-0.11	-0.12	-0.09	-0.15	-0.18	-0.15
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	2	2

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.