Nuvei (NVEI) Stock Forecast, Price Target & Predictions
NVEI Stock Forecast
Nuvei stock forecast is as follows: an average price target of $38.83 (represents a 16.78% upside from NVEI’s last price of $33.25) and a rating consensus of 'Hold', based on 17 wall street analysts offering a 1-year stock forecast.
NVEI Price Target
The average price target for Nuvei (NVEI) is $38.83 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $29.00. This represents a potential 16.78% upside from NVEI's last price of $33.25.
NVEI Analyst Ratings
According to 17 Wall Street analysts, Nuvei's rating consensus is 'Hold'. The analyst rating breakdown for NVEI stock is 0 'Strong Buy' (0.00%), 6 'Buy' (35.29%), 10 'Hold' (58.82%), 1 'Sell' (5.88%), and 0 'Strong Sell' (0.00%).
Nuvei Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 03, 2024 | Timothy Chiodo | UBS | $34.00 | $32.26 | 5.39% | 2.26% |
| Apr 02, 2024 | Jeff Cantwell | Seaport Global | $29.00 | $32.41 | -10.52% | -12.78% |
| Mar 07, 2024 | Joseph Vafi | Canaccord Genuity | $40.00 | $22.79 | 75.52% | 20.30% |
| Mar 09, 2023 | Timothy Chiodo | Credit Suisse | $45.00 | $39.17 | 14.88% | 35.34% |
| Mar 09, 2023 | Paul Treiber | RBC Capital | $50.00 | $39.17 | 27.65% | 50.38% |
| Jan 09, 2023 | - | Goldman Sachs | $35.00 | $27.00 | 29.63% | 5.26% |
The latest Nuvei stock forecast, released on Apr 03, 2024 by Timothy Chiodo from UBS, set a price target of $34.00, which represents a 5.39% increase from the stock price at the time of the forecast ($32.26), and a 2.26% increase from NVEI last price ($33.25).
Nuvei Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $34.33 |
| Last Closing Price | $33.25 | $33.25 | $33.25 |
| Upside/Downside | -100.00% | -100.00% | 3.25% |
In the current month, the average price target of Nuvei stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nuvei's last price of $33.25. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 02, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Apr 02, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 02, 2024 | Scotiabank | - | Sector Perform | Downgrade |
| Apr 01, 2024 | Seaport Global | - | Neutral | Downgrade |
| Apr 01, 2024 | Wolfe Research | - | Peer Perform | Downgrade |
| Apr 01, 2024 | William Blair | - | Market Perform | Downgrade |
| Mar 07, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Mar 07, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 11, 2023 | Wells Fargo | - | Underweight | Downgrade |
| Apr 11, 2023 | Loop Capital Markets | - | Buy | Upgrade |
Nuvei's last stock rating was published by Raymond James on Apr 02, 2024. The company Downgrade its NVEI rating from "Outperform" to "Market Perform".
Nuvei Financial Forecast
Nuvei Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $256.50M | $220.34M | $197.15M | $211.29M | $214.54M | $211.88M | $183.93M | $178.24M | $149.90M | $115.88M | $93.60M |
| Avg Forecast | $540.26M | $498.48M | $482.60M | $484.57M | $489.67M | $455.77M | $459.32M | $444.41M | $433.52M | $391.26M | $395.15M | $390.52M | $370.85M | $337.78M | $330.33M | $326.07M | $320.15M | $303.23M | $305.88M | $253.24M | $219.29M | $188.37M | $220.05M | $211.36M | $209.23M | $179.08M | $157.86M | $140.54M | $116.00M | $90.52M |
| High Forecast | $557.48M | $514.37M | $497.98M | $500.01M | $505.27M | $470.30M | $473.96M | $458.57M | $447.33M | $403.73M | $407.75M | $402.96M | $382.67M | $340.22M | $340.86M | $336.47M | $326.56M | $312.89M | $315.63M | $261.31M | $226.28M | $194.37M | $220.05M | $213.72M | $211.56M | $181.07M | $159.62M | $142.10M | $117.29M | $91.52M |
| Low Forecast | $518.93M | $478.81M | $463.55M | $465.44M | $470.34M | $437.78M | $441.20M | $426.87M | $416.41M | $375.82M | $379.56M | $375.11M | $356.21M | $335.68M | $317.29M | $313.20M | $317.85M | $291.26M | $293.81M | $243.25M | $210.64M | $180.94M | $220.05M | $208.21M | $206.11M | $176.41M | $155.51M | $138.44M | $114.27M | $89.17M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 4 | 5 | 5 | 6 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.05% | 0.96% | 1.02% | 1.01% | 1.03% | 1.13% | 1.07% | 1.00% | 1.03% |
Nuvei's average Quarter revenue forecast for Jun 23 based on 6 analysts is $305.88M, with a low forecast of $293.81M, and a high forecast of $315.63M. NVEI's average Quarter revenue forecast represents a 19.25% increase compared to the company's last Quarter revenue of $256.50M (Mar 23).
Nuvei EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 4 | 5 | 5 | 6 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.44M | $28.98M | $40.06M | $64.52M | $44.32M | $49.28M | $61.33M | $68.12M | $56.19M | $18.10M | $-15.13M |
| Avg Forecast | $117.19M | $108.13M | $104.68M | $105.11M | $106.22M | $98.86M | $99.63M | $96.40M | $94.04M | $84.87M | $85.71M | $84.71M | $80.44M | $73.27M | $71.65M | $70.73M | $69.45M | $65.78M | $66.35M | $54.93M | $47.57M | $40.86M | $47.73M | $45.85M | $45.39M | $64.55M | $34.24M | $30.49M | $25.16M | $19.63M |
| High Forecast | $120.93M | $111.57M | $108.02M | $108.46M | $109.60M | $102.02M | $102.81M | $99.47M | $97.03M | $87.58M | $88.45M | $87.41M | $83.01M | $73.80M | $73.94M | $72.98M | $70.84M | $67.87M | $68.46M | $56.68M | $49.08M | $42.16M | $47.73M | $46.36M | $45.89M | $77.46M | $34.62M | $30.82M | $25.44M | $19.85M |
| Low Forecast | $112.57M | $103.86M | $100.55M | $100.96M | $102.02M | $94.96M | $95.70M | $92.59M | $90.33M | $81.52M | $82.33M | $81.37M | $77.27M | $72.82M | $68.83M | $67.94M | $68.95M | $63.18M | $63.73M | $52.76M | $45.69M | $39.25M | $47.73M | $45.16M | $44.71M | $51.64M | $33.73M | $30.03M | $24.79M | $19.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.61% | 0.98% | 1.35% | 0.97% | 1.09% | 0.95% | 1.99% | 1.84% | 0.72% | -0.77% |
6 analysts predict NVEI's average Quarter EBITDA for Jun 23 to be $66.35M, with a high of $68.46M and a low of $63.73M. This is 60.12% upper than Nuvei's previous annual EBITDA (Mar 23) of $41.44M.
Nuvei Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 4 | 5 | 5 | 6 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-8.29M | $8.04M | $11.71M | $33.98M | $4.51M | $12.34M | $26.84M | $37.83M | $26.81M | $22.58M | $-77.87M |
| Avg Forecast | $136.19M | $115.69M | $108.37M | $108.37M | $126.98M | $119.28M | $112.46M | $106.25M | $108.55M | $95.15M | $92.01M | $87.31M | $85.76M | $73.09M | $68.17M | $63.67M | $65.20M | $58.96M | $64.22M | $64.74M | $64.14M | $56.82M | $63.86M | $58.02M | $64.22M | $28.25M | $49.73M | $44.39M | $33.00M | $6.12M |
| High Forecast | $141.83M | $120.48M | $112.86M | $112.86M | $132.25M | $124.22M | $117.12M | $110.65M | $113.05M | $99.09M | $95.82M | $90.93M | $89.31M | $79.06M | $71.00M | $66.31M | $79.70M | $61.40M | $66.88M | $67.42M | $66.80M | $59.18M | $63.86M | $58.86M | $65.15M | $33.90M | $50.45M | $45.04M | $33.48M | $6.21M |
| Low Forecast | $129.20M | $109.75M | $102.81M | $102.81M | $120.47M | $113.16M | $106.69M | $100.80M | $102.98M | $90.26M | $87.28M | $82.83M | $81.36M | $65.63M | $64.67M | $60.41M | $55.06M | $55.94M | $60.93M | $61.42M | $60.85M | $53.91M | $63.86M | $56.89M | $62.97M | $22.60M | $48.76M | $43.53M | $32.36M | $6.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.13% | 0.13% | 0.21% | 0.53% | 0.08% | 0.19% | 0.95% | 0.76% | 0.60% | 0.68% | -12.72% |
Nuvei's average Quarter net income forecast for Mar 23 is $64.74M, with a range of $61.42M to $67.42M. NVEI's average Quarter net income forecast represents a 705.25% increase compared to the company's last Quarter net income of $8.04M (Dec 22).
Nuvei SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 4 | 5 | 5 | 6 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $165.27M | $148.47M | $122.86M | $120.34M | $121.76M | $113.92M | $82.48M | $75.79M | $63.24M | $47.18M | $44.00M |
| Avg Forecast | $298.37M | $275.30M | $266.53M | $267.62M | $270.43M | $251.72M | $253.68M | $245.44M | $239.42M | $216.09M | $218.23M | $215.68M | $204.81M | $186.55M | $182.43M | $180.08M | $176.81M | $167.47M | $168.93M | $139.86M | $121.11M | $104.03M | $121.53M | $116.73M | $115.55M | $86.82M | $87.18M | $77.62M | $64.06M | $49.99M |
| High Forecast | $307.88M | $284.08M | $275.02M | $276.15M | $279.05M | $259.74M | $261.76M | $253.26M | $247.05M | $222.97M | $225.19M | $222.55M | $211.34M | $187.90M | $188.25M | $185.82M | $180.35M | $172.81M | $174.31M | $144.32M | $124.97M | $107.35M | $121.53M | $118.03M | $116.84M | $104.18M | $88.15M | $78.48M | $64.78M | $50.55M |
| Low Forecast | $286.60M | $264.44M | $256.01M | $257.06M | $259.76M | $241.78M | $243.66M | $235.75M | $229.97M | $207.56M | $209.62M | $207.16M | $196.73M | $185.39M | $175.23M | $172.98M | $175.54M | $160.86M | $162.26M | $134.34M | $116.33M | $99.93M | $121.53M | $114.99M | $113.83M | $69.46M | $85.88M | $76.46M | $63.11M | $49.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 1.23% | 1.18% | 0.99% | 1.04% | 0.99% | 0.95% | 0.87% | 0.81% | 0.74% | 0.88% |
Nuvei's average Quarter SG&A projection for Jun 23 is $168.93M, based on 6 Wall Street analysts, with a range of $162.26M to $174.31M. The forecast indicates a 2.22% rise compared to NVEI last annual SG&A of $165.27M (Mar 23).
Nuvei EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 4 | 5 | 5 | 6 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.06 | $0.06 | $0.08 | $0.24 | $0.03 | $0.09 | $0.19 | $0.27 | $0.19 | $0.16 | $-0.88 |
| Avg Forecast | $0.93 | $0.79 | $0.74 | $0.74 | $0.87 | $0.81 | $0.77 | $0.73 | $0.74 | $0.65 | $0.63 | $0.60 | $0.59 | $0.50 | $0.47 | $0.43 | $0.45 | $0.40 | $0.44 | $0.44 | $0.44 | $0.39 | $0.46 | $0.41 | $0.45 | $0.40 | $0.35 | $0.31 | $0.23 | $0.04 |
| High Forecast | $0.97 | $0.82 | $0.77 | $0.77 | $0.90 | $0.85 | $0.80 | $0.76 | $0.77 | $0.68 | $0.65 | $0.62 | $0.61 | $0.54 | $0.48 | $0.45 | $0.54 | $0.42 | $0.46 | $0.46 | $0.46 | $0.40 | $0.46 | $0.41 | $0.46 | $0.40 | $0.36 | $0.32 | $0.24 | $0.04 |
| Low Forecast | $0.88 | $0.75 | $0.70 | $0.70 | $0.82 | $0.77 | $0.73 | $0.69 | $0.70 | $0.62 | $0.60 | $0.57 | $0.56 | $0.45 | $0.44 | $0.41 | $0.38 | $0.38 | $0.42 | $0.42 | $0.42 | $0.37 | $0.46 | $0.40 | $0.44 | $0.39 | $0.34 | $0.31 | $0.23 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.13% | 0.14% | 0.21% | 0.52% | 0.08% | 0.19% | 0.48% | 0.77% | 0.61% | 0.69% | -20.41% |
According to 4 Wall Street analysts, Nuvei's projected average Quarter EPS for Mar 23 is $0.44, with a low estimate of $0.42 and a high estimate of $0.46. This represents a 636.83% increase compared to NVEI previous annual EPS of $0.06 (Dec 22).
Nuvei Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ARQQ | Arqit Quantum | $0.29 | $14.00 | 4727.59% | Buy |
| GCT | GigaCloud | $17.08 | $50.00 | 192.74% | Buy |
| ALAR | Alarum | $13.08 | $28.00 | 114.07% | Buy |
| MQ | Marqeta | $5.10 | $10.83 | 112.35% | Buy |
| STNE | StoneCo | $12.24 | $24.83 | 102.86% | Buy |
| PAGS | PagSeguro Digital | $9.12 | $17.04 | 86.84% | Buy |
| CFLT | Confluent | $20.12 | $31.78 | 57.95% | Buy |
| KPLT | Katapult | $11.30 | $15.00 | 32.74% | Hold |
| CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
| NVEI | Nuvei | $33.25 | $38.83 | 16.78% | Hold |
| NN | NextNav | $7.86 | $9.00 | 14.50% | - |
| NTNX | Nutanix | $59.06 | $63.15 | 6.93% | Buy |
| HOOD | Robinhood Markets | $22.07 | $22.25 | 0.82% | Buy |
| NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
| PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
| PLTR | Palantir | $35.59 | $20.72 | -41.78% | Buy |
NVEI Forecast FAQ
Is Nuvei a good buy?
No, according to 17 Wall Street analysts, Nuvei (NVEI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 35.29% of NVEI's total ratings.
What is NVEI's price target?
Nuvei (NVEI) average price target is $38.83 with a range of $29 to $50, implying a 16.78% from its last price of $33.25. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Nuvei stock go up soon?
According to Wall Street analysts' prediction for NVEI stock, the company can go up by 16.78% (from the last price of $33.25 to the average price target of $38.83), up by 50.38% based on the highest stock price target, and down by -12.78% based on the lowest stock price target.
Can Nuvei stock reach $50?
NVEI's average twelve months analyst stock price target of $38.83 does not support the claim that Nuvei can reach $50 in the near future.
What are Nuvei's analysts' financial forecasts?
Nuvei's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.85B (high $1.91B, low $1.78B), average EBITDA is $401.11M (high $413.9M, low $385.28M), average net income is $464.97M (high $484.24M, low $441.12M), average SG&A $1.02B (high $1.05B, low $980.95M), and average EPS is $3.18 (high $3.31, low $3.01). NVEI's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.01B (high $2.07B, low $1.93B), average EBITDA is $435.11M (high $448.98M, low $417.94M), average net income is $468.61M (high $488.03M, low $444.57M), average SG&A $1.11B (high $1.14B, low $1.06B), and average EPS is $3.2 (high $3.33, low $3.04).
Did the NVEI's actual financial results beat the analysts' financial forecasts?
Based on Nuvei's last annual report (Dec 2022), the company's revenue was $843.32M, beating the average analysts forecast of $839.08M by 0.51%. Apple's EBITDA was $196.12M, beating the average prediction of $182.01M by 7.75%. The company's net income was $56.73M, missing the average estimation of $242.84M by -76.64%. Apple's SG&A was $590.97M, beating the average forecast of $463.41M by 27.53%. Lastly, the company's EPS was $0.4, missing the average prediction of $1.69 by -76.36%. In terms of the last quarterly report (Mar 2023), Nuvei's revenue was $256.5M, beating the average analysts' forecast of $253.24M by 1.29%. The company's EBITDA was $41.44M, missing the average prediction of $54.93M by -24.57%. Nuvei's net income was $-8.289M, missing the average estimation of $64.74M by -112.80%. The company's SG&A was $165.27M, beating the average forecast of $139.86M by 18.17%. Lastly, the company's EPS was $-0.0594, missing the average prediction of $0.442 by -113.44%