Nevro (NVRO) Stock Forecast, Price Target & Predictions


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NVRO Stock Forecast


Nevro stock forecast is as follows: an average price target of $32.99 (represents a 469.78% upside from NVRO’s last price of $5.79) and a rating consensus of 'Hold', based on 18 wall street analysts offering a 1-year stock forecast.

NVRO Price Target


The average price target for Nevro (NVRO) is $32.99 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $5.50. This represents a potential 469.78% upside from NVRO's last price of $5.79.

NVRO Analyst Ratings


Hold

According to 18 Wall Street analysts, Nevro's rating consensus is 'Hold'. The analyst rating breakdown for NVRO stock is 0 'Strong Buy' (0.00%), 7 'Buy' (38.89%), 9 'Hold' (50.00%), 2 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Nevro Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Joanna WuenschCitigroup$6.89$5.6721.52%19.00%
Aug 08, 2024Richard NewitterTruist Financial$5.50$5.088.27%-5.01%
Aug 07, 2024David RescottRobert W. Baird$8.00$5.0060.00%38.17%
Aug 07, 2024Matthew TaylorJefferies$7.00$4.8344.93%20.90%
Aug 07, 2024Adam MaederPiper Sandler$7.00$8.69-19.45%20.90%
Aug 07, 2024Nathan TreybeckWells Fargo$5.50$8.69-36.71%-5.01%
Apr 11, 2024Anthony PetroneMizuho Securities$16.00$13.2820.48%176.34%
Apr 08, 2024Nathan TreybeckWells Fargo$14.00$13.295.34%141.80%
Jun 06, 2023Suraj KaliaOppenheimer$40.00$23.7168.72%590.85%
Feb 06, 2023-Canaccord Genuity$72.00$39.1583.91%1143.52%
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The latest Nevro stock forecast, released on Aug 08, 2024 by Joanna Wuensch from Citigroup, set a price target of $6.89, which represents a 21.52% increase from the stock price at the time of the forecast ($5.67), and a 19.00% increase from NVRO last price ($5.79).

Nevro Price Target by Period


1M3M12M
# Anlaysts-68
Avg Price Target-$6.65$8.74
Last Closing Price$5.79$5.79$5.79
Upside/Downside-100.00%14.85%50.95%

In the current month, the average price target of Nevro stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nevro's last price of $5.79. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024CitigroupSellNeutralUpgrade
Aug 08, 2024Wolfe Research-Peer PerformUpgrade
Aug 07, 2024JefferiesUnderperformUnderperformHold
Aug 07, 2024Piper SandlerUnderweightUnderweightHold
Aug 07, 2024Wells FargoEqual-WeightUnderweightDowngrade
Aug 07, 2024JMP SecuritiesPerformMarket PerformDowngrade
Aug 07, 2024JMP Securities-PerformDowngrade
Jul 10, 2024CitigroupSellSellHold
May 22, 2024CitigroupNeutralSellDowngrade
Apr 03, 2024CitigroupNeutralNeutralHold
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Nevro's last stock rating was published by Citigroup on Aug 08, 2024. The company Upgrade its NVRO rating from "Sell" to "Neutral".

Nevro Financial Forecast


Nevro Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$103.86M$108.81M$96.33M$113.84M$100.47M-$87.84M$102.76M$93.20M$102.33M$88.61M$109.73M$108.46M$56.39M$87.47M$114.37M$100.16M
Avg Forecast$137.69M$119.66M$123.90M$109.49M$112.54M$99.74M$105.56M$100.15M$103.35M$93.09M$107.11M$97.90M$112.26M$95.87M$108.19M$95.08M$113.42M$99.22M$104.34M$86.19M$100.26M$91.59M$102.32M$85.26M$107.92M$104.00M$37.86M$88.06M$111.80M$92.27M
High Forecast$139.08M$120.87M$125.15M$110.59M$113.68M$100.74M$106.62M$101.16M$104.40M$93.97M$108.20M$98.88M$112.33M$104.57M$109.28M$96.04M$114.57M$100.22M$104.34M$87.50M$101.79M$92.99M$103.89M$86.56M$109.57M$105.59M$38.43M$89.40M$113.51M$93.68M
Low Forecast$136.09M$118.27M$122.46M$108.22M$111.23M$98.58M$104.33M$98.99M$102.16M$92.00M$105.87M$96.76M$112.05M$94.58M$106.93M$93.98M$112.11M$98.07M$104.34M$84.36M$98.14M$89.65M$100.16M$83.46M$105.64M$101.80M$37.05M$86.19M$109.44M$90.32M
# Analysts107558544811524159913136677777871096
Surprise %-------------1.08%1.01%1.01%1.00%1.01%-1.02%1.02%1.02%1.00%1.04%1.02%1.04%1.49%0.99%1.02%1.09%

Nevro's average Quarter revenue forecast for Dec 23 based on 4 analysts is $112.26M, with a low forecast of $112.05M, and a high forecast of $112.33M. NVRO's average Quarter revenue forecast represents a 8.09% increase compared to the company's last Quarter revenue of $103.86M (Sep 23).

Nevro EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts107558544811524159913136677777871096
EBITDA-------------$-25.56M$-25.64M$-36.32M$-19.36M$-18.75M-$-30.04M$-24.00M$-44.13M$-13.59M$-20.68M$1.69M$-1.39M$-32.87M$-19.63M$-8.41M$-12.76M
Avg Forecast$-36.14M$-31.40M$-32.52M$-28.73M$-29.54M$-26.17M$-27.70M$-26.28M$-27.12M$-24.43M$-28.11M$-40.31M$-29.46M$-25.16M$-28.39M$-36.65M$-29.77M$-46.24M$-27.38M$-33.31M$-24.00M$-36.55M$-15.31M$-20.44M$2.30M$-1.88M$-41.19M$-23.80M$-10.85M$-16.81M
High Forecast$-35.72M$-31.04M$-32.14M$-28.40M$-29.19M$-25.87M$-27.38M$-25.98M$-26.81M$-24.14M$-27.78M$-32.25M$-29.41M$-24.82M$-28.06M$-29.32M$-29.42M$-36.99M$-27.38M$-26.65M$-19.20M$-29.24M$-12.25M$-16.35M$2.76M$-1.50M$-32.95M$-19.04M$-8.68M$-13.45M
Low Forecast$-36.50M$-31.72M$-32.85M$-29.02M$-29.83M$-26.44M$-27.98M$-26.55M$-27.40M$-24.66M$-28.40M$-48.37M$-29.48M$-27.44M$-28.68M$-43.98M$-30.07M$-55.48M$-27.38M$-39.98M$-28.80M$-43.86M$-18.37M$-24.53M$1.84M$-2.26M$-49.43M$-28.56M$-13.03M$-20.17M
Surprise %-------------1.02%0.90%0.99%0.65%0.41%-0.90%1.00%1.21%0.89%1.01%0.73%0.74%0.80%0.83%0.78%0.76%

7 analysts predict NVRO's average Quarter EBITDA for Mar 21 to be $-20.44M, with a high of $-16.35M and a low of $-24.53M. This is -1311.54% lower than Nevro's previous annual EBITDA (Dec 20) of $1.69M.

Nevro Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts107558544811524159913136677777871096
Net Income-------------$-23.48M$-24.72M$-35.03M$-19.19M$81.51M-$-34.33M$-30.13M$-50.08M$-21.59M$-29.56M$-7.13M$-9.98M$-41.06M$-24.89M$-13.74M$-17.85M
Avg Forecast$-9.97M$-14.41M$-12.19M$-20.32M$-19.64M$-26.11M$-21.85M$-30.38M$-25.53M$-30.41M$-25.76M$-46.06M$-18.07M$-28.40M$-25.48M$-41.88M$-18.01M$-52.47M$-29.47M$-38.07M$-30.13M$-41.48M$-24.33M$-29.21M$-9.72M$-13.56M$-51.46M$-30.17M$-17.73M$-23.52M
High Forecast$-9.82M$-14.19M$-12.01M$-20.01M$-19.35M$-25.72M$-21.52M$-29.93M$-25.15M$-24.85M$-25.37M$-36.85M$-15.18M$-16.23M$-25.10M$-33.50M$-17.74M$-41.97M$-29.47M$-30.46M$-24.11M$-33.18M$-19.46M$-23.37M$-7.78M$-10.84M$-41.16M$-24.13M$-14.19M$-18.81M
Low Forecast$-10.10M$-14.59M$-12.35M$-20.58M$-19.90M$-26.46M$-22.13M$-30.78M$-25.87M$-36.35M$-26.09M$-55.28M$-20.96M$-33.56M$-25.82M$-50.25M$-18.25M$-62.96M$-29.47M$-45.68M$-36.16M$-49.77M$-29.19M$-35.05M$-11.67M$-16.27M$-61.75M$-36.20M$-21.28M$-28.22M
Surprise %-------------0.83%0.97%0.84%1.07%-1.55%-0.90%1.00%1.21%0.89%1.01%0.73%0.74%0.80%0.83%0.78%0.76%

Nevro's average Quarter net income forecast for Dec 22 is $-18.01M, with a range of $-18.25M to $-17.74M. NVRO's average Quarter net income forecast represents a -122.10% decrease compared to the company's last Quarter net income of $81.51M (Sep 22).

Nevro SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts107558544811524159913136677777871096
SG&A-------------$81.15M$86.76M$86.19M$80.65M$78.19M-$79.33M$82.64M$79.52M$73.88M$73.27M$67.07M$68.51M$60.17M$71.40M$76.01M$72.91M
Avg Forecast$106.69M$92.72M$96.01M$84.84M$87.20M$77.28M$81.79M$77.60M$80.09M$72.13M$83.00M$75.86M$86.99M$74.29M$83.83M$73.67M$87.89M$83.32M$80.85M$66.78M$82.64M$65.87M$83.25M$72.40M$91.46M$93.01M$29.33M$86.55M$98.07M$71.50M
High Forecast$107.77M$93.66M$96.98M$85.69M$88.09M$78.06M$82.62M$78.39M$80.90M$72.82M$83.84M$76.62M$87.04M$81.03M$84.68M$74.42M$88.78M$99.98M$80.85M$67.80M$99.17M$79.04M$99.89M$86.88M$109.76M$111.62M$29.78M$103.86M$117.69M$72.59M
Low Forecast$105.45M$91.65M$94.89M$83.85M$86.19M$76.39M$80.84M$76.70M$79.16M$71.29M$82.04M$74.98M$86.83M$73.28M$82.86M$72.82M$86.87M$66.66M$80.85M$65.37M$66.11M$52.69M$66.60M$57.92M$73.17M$74.41M$28.71M$69.24M$78.46M$69.99M
Surprise %-------------1.09%1.03%1.17%0.92%0.94%-1.19%1.00%1.21%0.89%1.01%0.73%0.74%2.05%0.83%0.78%1.02%

Nevro's average Quarter SG&A projection for Dec 23 is $86.99M, based on 4 Wall Street analysts, with a range of $86.83M to $87.04M. The forecast indicates a 7.20% rise compared to NVRO last annual SG&A of $81.15M (Sep 23).

Nevro EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts107558544811524159913136677777871096
EPS-------------$-0.65$-0.69$-0.98$-0.54$2.30-$-0.98$-0.86$-1.44$-0.62$-0.85$-0.21$-0.29$-1.21$-0.78$-0.44$-0.58
Avg Forecast$-0.27$-0.39$-0.33$-0.55$-0.53$-0.71$-0.59$-0.82$-0.69$-0.82$-0.70$-1.05$-0.49$-0.77$-0.69$-1.05$-0.49$-0.22$-0.81$-1.10$-0.86$-0.87$-0.73$-0.85$-0.33$-0.59$-1.63$-0.99$-0.63$-0.85
High Forecast$-0.27$-0.38$-0.33$-0.54$-0.52$-0.70$-0.58$-0.81$-0.68$-0.67$-0.69$-1.04$-0.41$-0.44$-0.68$-1.03$-0.48$-0.22$-0.81$-1.07$-0.83$-0.85$-0.71$-0.82$-0.32$-0.57$-1.58$-0.96$-0.62$-0.83
Low Forecast$-0.27$-0.40$-0.33$-0.56$-0.54$-0.72$-0.60$-0.83$-0.70$-0.98$-0.71$-1.07$-0.57$-0.91$-0.70$-1.06$-0.49$-0.23$-0.81$-1.12$-0.87$-0.89$-0.75$-0.86$-0.34$-0.60$-1.66$-1.01$-0.65$-0.87
Surprise %-------------0.85%1.00%0.93%1.11%-10.25%-0.89%1.00%1.65%0.85%1.00%0.63%0.49%0.74%0.79%0.70%0.68%

According to 13 Wall Street analysts, Nevro's projected average Quarter EPS for Dec 22 is $-0.49, with a low estimate of $-0.49 and a high estimate of $-0.48. This represents a -121.20% decrease compared to NVRO previous annual EPS of $2.30 (Sep 22).

Nevro Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NVRONevro$5.79$32.99469.78%Hold
CVRXCVRx$7.85$15.83101.66%Buy
OFIXOrthofix Medical$16.76$31.0084.96%-
NPCENeuroPace$7.43$12.8873.35%Buy
FNAParagon 28$7.39$11.5055.62%Buy
SGHTSight Sciences$6.95$10.3348.63%Hold
LUNGPulmonx$8.31$12.2547.41%Buy
LIVNLivaNova$48.53$71.2546.82%Buy
CNMDCONMED$75.40$101.0033.95%Buy
KIDSOrthoPediatrics$32.28$40.8026.39%Buy
RXSTRxSight$54.96$68.6024.82%Buy
IRMDIRadimed$48.47$60.0023.79%Buy
ITGRInteger$126.78$131.003.33%Buy
SRDXSurmodics$39.36$39.500.36%Buy
GKOSGlaukos$126.28$101.56-19.58%Buy

NVRO Forecast FAQ


No, according to 18 Wall Street analysts, Nevro (NVRO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 38.89% of NVRO's total ratings.

Nevro (NVRO) average price target is $32.99 with a range of $5.5 to $125, implying a 469.78% from its last price of $5.79. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for NVRO stock, the company can go up by 469.78% (from the last price of $5.79 to the average price target of $32.99), up by 2058.89% based on the highest stock price target, and down by -5.01% based on the lowest stock price target.

NVRO's average twelve months analyst stock price target of $32.99 supports the claim that Nevro can reach $9 in the near future.

Nevro's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $417.98M (high $422.2M, low $413.13M), average EBITDA is $-110M (high $-108M, low $-111M), average net income is $-97.985M (high $-96.506M, low $-99.271M), average SG&A $323.88M (high $327.15M, low $320.12M), and average EPS is $-2.653 (high $-2.613, low $-2.688). NVRO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $490.74M (high $495.7M, low $485.04M), average EBITDA is $-129M (high $-127M, low $-130M), average net income is $-56.883M (high $-56.025M, low $-57.63M), average SG&A $380.26M (high $384.1M, low $375.85M), and average EPS is $-1.54 (high $-1.517, low $-1.56).

Based on Nevro's last annual report (Dec 2022), the company's revenue was $406.36M, beating the average analysts forecast of $403.17M by 0.79%. Apple's EBITDA was $-204M, beating the average prediction of $-137M by 49.11%. The company's net income was $3M, missing the average estimation of $-138M by -102.17%. Apple's SG&A was $322.14M, beating the average forecast of $318.84M by 1.03%. Lastly, the company's EPS was $0.08, missing the average prediction of $-2.621 by -103.05%. In terms of the last quarterly report (Sep 2023), Nevro's revenue was $103.86M, beating the average analysts' forecast of $95.87M by 8.34%. The company's EBITDA was $-25.559M, beating the average prediction of $-25.16M by 1.59%. Nevro's net income was $-23.479M, missing the average estimation of $-28.4M by -17.33%. The company's SG&A was $81.15M, beating the average forecast of $74.29M by 9.24%. Lastly, the company's EPS was $-0.65, missing the average prediction of $-0.769 by -15.46%