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nVent Electric (NVT) Stock Forecast, Price Target & Predictions

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NVT Stock Forecast

nVent Electric (NVT) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $85.00, with a high of $86.00 and a low of $84.00. This represents a 32.94% increase from the last price of $63.94.

$55 $62 $69 $76 $83 $90 High: $86 Avg: $85 Low: $84 Last Closed Price: $63.94

NVT Stock Rating

nVent Electric stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 5 Strong Sell Sell Hold Buy Strong Buy

NVT Forecast vs Benchmarks

TypeNameUpside
StocknVent Electric32.94%
SectorIndustrials Stocks 15.95%
IndustryElectrical Equipment Stocks18.54%

Price Target Trends

1M3M12M
# Anlaysts--7
Avg Price Target--$83.43
Last Closing Price$63.94$63.94$63.94
Upside/Downside--30.48%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25374-115
Dec, 24373-114
Nov, 24373-114
Oct, 24373-114
Sep, 24374--14
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Jeffrey HammondKeyBanc$84.00$74.2113.19%31.37%
Oct 02, 2024Julian MitchellBarclays$86.00$68.8124.98%34.50%
Sep 04, 2024Jeffrey HammondKeyBanc$80.00$62.9927.00%25.12%
May 06, 2024Deane DrayRBC Capital$88.00$75.8915.96%37.63%
Apr 08, 2024Nigel CoeWolfe Research$84.00$78.137.51%31.37%
Apr 02, 2024Julian MitchellBarclays$85.00$75.1613.09%32.94%
Mar 15, 2024Joe RitchieGoldman Sachs$77.00$69.9610.06%20.43%
Feb 08, 2023RBC Capital$47.00$43.547.95%-26.49%
Jan 05, 2023Barclays$50.00$38.4929.90%-21.80%
Aug 01, 2022RBC Capital$39.00$35.509.86%-39.01%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 03, 2025RBC CapitalOutperformOutperformhold
Oct 14, 2024KeyBancOverweightOverweighthold
Oct 02, 2024BarclaysOverweightOverweighthold
Sep 04, 2024KeyBancOverweightupgrade
Jun 04, 2024BarclaysOverweightOverweighthold
May 06, 2024RBC CapitalOutperformOutperformhold
May 06, 2024CitigroupBuyBuyhold
Apr 08, 2024CitigroupBuyBuyhold
Apr 04, 2024RBC CapitalOutperformOutperformhold
Apr 02, 2024BarclaysOverweightOverweighthold

Financial Forecast

EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.28$1.63$2.40$3.42-----
Avg Forecast$1.50$1.95$2.32$3.03$2.50$3.05$3.45$4.12-
High Forecast$1.35$1.76$2.28$3.01$2.49$2.97$3.41$4.06-
Low Forecast$1.55$2.01$2.50$3.04$2.51$3.16$3.47$4.17-
Surprise %-118.67%-16.41%3.45%12.87%-----

Revenue Forecast

$2B $2B $3B $4B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.00B$2.46B$2.91B$3.26B-----
Avg Forecast$1.99B$2.40B$2.88B$3.27B$3.02B$3.29B$3.47B$4.46B$4.91B
High Forecast$1.84B$2.22B$2.84B$3.26B$2.99B$3.26B$3.47B$4.41B$4.85B
Low Forecast$2.04B$2.46B$3.05B$3.29B$3.03B$3.31B$3.48B$4.50B$4.95B
Surprise %0.35%2.53%1.06%-0.22%-----

Net Income Forecast

$-100M $70M $240M $410M $580M $750M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-47.20M$272.90M$399.80M$567.10M-----
Avg Forecast$-34.85M$232.29M$279.43M$567.10M$419.95M$515.10M$579.15M$691.56M-
High Forecast$-76.43M$185.84M$223.54M$453.68M$418.26M$498.82M$573.84M$682.23M-
Low Forecast$6.72M$278.75M$335.31M$680.52M$421.64M$531.39M$584.47M$700.90M-
Surprise %35.43%17.48%43.08%------

NVT Forecast FAQ

Is nVent Electric stock a buy?

nVent Electric stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that nVent Electric is a favorable investment for most analysts.

What is nVent Electric's price target?

nVent Electric's price target, set by 5 Wall Street analysts, averages $85 over the next 12 months. The price target range spans from $84 at the low end to $86 at the high end, suggesting a potential 32.94% change from the previous close price of $63.94.

How does nVent Electric stock forecast compare to the average forecast of its sector, industry, and investment themes?

nVent Electric stock forecast shows a 32.94% upside, outperforming the average forecast for the industrials stocks sector (15.95%) and outperforming the electrical equipment stocks industry (18.54%).

What is the breakdown of analyst ratings for nVent Electric over the past three months?

  • January 2025: 20.00% Strong Buy, 46.67% Buy, 26.67% Hold, 0% Sell, 6.67% Strong Sell.
  • December 2024: 21.43% Strong Buy, 50.00% Buy, 21.43% Hold, 0% Sell, 7.14% Strong Sell.
  • November 2024: 21.43% Strong Buy, 50.00% Buy, 21.43% Hold, 0% Sell, 7.14% Strong Sell.

What is nVent Electric’s EPS forecast?

nVent Electric's average annual EPS forecast for its fiscal year ending in December is 2.5 for 2024, a -26.90% decrease from the reported $3.42 in 2023. The prediction for 2025 is $3.05, $3.45 for 2026, $4.12 for 2027, and $0 for 2028.

What is nVent Electric’s revenue forecast?

nVent Electric's average annual revenue forecast for its fiscal year ending in December is $3.02B for 2024, a -7.40% decrease from the reported $3.26B in 2023. The forecast for 2025 is $3.29B, $3.47B for 2026, $4.46B for 2027, and $4.91B for 2028.

What is nVent Electric’s net income forecast?

For its fiscal year ending in December, nVent Electric's average annual net income forecast is $419.95M for 2024, reflecting a -25.95% decrease from the reported $567.1M in 2023. The projection for 2025 is $515.1M, $579.15M for 2026, $691.56M for 2027, and $0 for 2028.