NOVONIX Limited (NVX)
NASDAQ: NVX · IEX Real-Time Price · USD
6.49
-0.11 (-1.67%)
Jul 1, 2022 4:00 PM EDT - Market closed
Stock Price Forecast
According to 7 stock analysts, the average 12-month stock price forecast for NOVONIX stock is $15.3, which predicts an increase of 135.75%. The lowest target is $15.15 and the highest is $15.75. On average, analysts rate NOVONIX stock as a sell.Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for NOVONIX stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '22 | Feb '22 | Mar '22 | Apr '22 | May '22 | Jun '22 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Financial Forecast
Revenue This Year
12.32M
from 5.23M
Increased by
135.72%
from 5.23M
Revenue Next Year
51.51M
from 12.32M
Increased by
318.03%
from 12.32M
EPS This Year
-0.10
from -0.20
from -0.20
EPS Next Year
-0.05
from -0.10
from -0.10
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue
|
1.82M | 4.25M | 5.23M | 12.32M | 51.51M | 142.51M | 352.75M | 881.88M |
| Revenue Growth
|
- | 134.08% | 22.90% | 135.72% | 318.03% | 176.67% | 147.52% | 150.00% |
| EPS
|
-0.85 | -0.59 | -0.20 | -0.10 | -0.05 | 0.01 | 0.00 | 0.00 |
| EPS Growth
|
- | - | - | - | - | - | -65.35% | -65.00% |
| No. Analysts | - | - | - | 3 | 2 | 2 | 1 | 1 |
Revenue Forecast
| Revenue | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 12.8M | 53.6M | 148.2M | 370.4M | 917.2M |
| Avg | 12.3M | 51.5M | 142.5M | 352.8M | 881.9M |
| Low | 12.0M | 50.0M | 138.3M | 342.2M | 855.4M |
Revenue Growth
| Revenue Growth | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 105.4%
| 334.6%
| 187.6%
| 159.9%
| 160.0%
|
| Avg | 97.6%
| 318.0%
| 176.7%
| 147.5%
| 150.0%
|
| Low | 91.7%
| 305.6%
| 168.4%
| 140.1%
| 142.5%
|
EPS Forecast
| EPS | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | -0.11 | -0.05 | 0.01 | 0.00 | 0.00 |
| Avg | -0.10 | -0.05 | 0.01 | 0.00 | 0.00 |
| Low | -0.10 | -0.05 | 0.01 | 0.00 | 0.00 |
EPS Growth
| EPS Growth | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | - | - | - | -63.6%
| -63.6%
|
| Avg | - | - | - | -65.3%
| -65.0%
|
| Low | - | - | - | -66.4%
| -66.1%
|