Quanex Building Products Corporation (NX)

Quanex Building Products Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for NX stock has a target of 38, which predicts an increase of 30.40% from the current stock price of 29.14.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$38	$38	$38	$38
Change	+30.40%	+30.40%	+30.40%	+30.40%

* Price targets were last updated on Sep 11, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for NX 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Reuben Garner Benchmark	Benchmark	Strong Buy Reiterates $38	Strong Buy	Reiterates	$38	+30.40%	Sep 11, 2024
Reuben Garner Benchmark	Benchmark	Strong Buy Reiterates $38	Strong Buy	Reiterates	$38	+30.40%	Apr 23, 2024
Reuben Garner Benchmark	Benchmark	Strong Buy Maintains $35 → $38	Strong Buy	Maintains	$35 → $38	+30.40%	Mar 12, 2024
Reuben Garner Benchmark	Benchmark	Strong Buy Maintains $33 → $35	Strong Buy	Maintains	$33 → $35	+20.11%	Dec 19, 2023
Reuben Garner Benchmark	Benchmark	Strong Buy Reiterates $33	Strong Buy	Reiterates	$33	+13.25%	Sep 6, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

1.32B

Increased by 16.40%

from 1.13B

Revenue Next Year

1.96B

Increased by 49.16%

from 1.32B

EPS This Year

2.19

Decreased by -12.24%

from 2.50

EPS Next Year

2.40

Increased by 9.39%

from 2.19

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Oct 31, 2019	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025
Revenue	893.84M	851.57M	1.07B	1.22B	1.13B	1.32B	1.96B
Revenue Growth	0.46%	-4.73%	25.90%	13.93%	-7.44%	16.40%	49.16%
EPS	-1.42	1.17	1.70	2.66	2.50	2.19	2.40
EPS Growth	-	-	45.30%	56.47%	-6.02%	-12.24%	9.39%
Forward PE	-	-	-	-	-	13.28	12.14
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	1.3B	2.0B
Avg	1.3B	2.0B
Low	1.3B	1.8B

Revenue Growth

Revenue Growth	2024	2025
High	18.8%	54.4%
Avg	16.4%	49.2%
Low	10.6%	39.7%

EPS Forecast

EPS	2024	2025
High	2.26	2.63
Avg	2.19	2.40
Low	2.04	2.11

EPS Growth

EPS Growth	2024	2025
High	-9.7%	19.6%
Avg	-12.2%	9.4%
Low	-18.5%	-4.0%

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.