nVent Electric (NVT) Stock Forecast, Price Target & Predictions
NVT Stock Forecast
nVent Electric stock forecast is as follows: an average price target of $82.80 (represents a 25.78% upside from NVT’s last price of $65.83) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
NVT Price Target
NVT Analyst Ratings
nVent Electric Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 04, 2024 | Jeffrey Hammond | KeyBanc | $80.00 | $62.99 | 27.00% | 21.53% |
May 06, 2024 | Deane Dray | RBC Capital | $88.00 | $75.89 | 15.96% | 33.68% |
Apr 08, 2024 | Nigel Coe | Wolfe Research | $84.00 | $78.13 | 7.51% | 27.60% |
Apr 02, 2024 | Julian Mitchell | Barclays | $85.00 | $75.16 | 13.09% | 29.12% |
Mar 15, 2024 | Joe Ritchie | Goldman Sachs | $77.00 | $69.96 | 10.06% | 16.97% |
Feb 08, 2023 | - | RBC Capital | $47.00 | $43.54 | 7.95% | -28.60% |
Jan 05, 2023 | - | Barclays | $50.00 | $38.48 | 29.92% | -24.05% |
Aug 01, 2022 | - | RBC Capital | $39.00 | $35.50 | 9.86% | -40.76% |
Jun 23, 2022 | - | Goldman Sachs | $38.00 | $31.33 | 21.29% | -42.28% |
Feb 09, 2022 | Julian Mitchell | Barclays | $48.00 | $35.85 | 33.89% | -27.08% |
nVent Electric Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 5 |
Avg Price Target | $80.00 | $80.00 | $82.80 |
Last Closing Price | $65.83 | $65.83 | $65.83 |
Upside/Downside | 21.53% | 21.53% | 25.78% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 04, 2024 | KeyBanc | - | Overweight | Upgrade |
Jun 04, 2024 | Barclays | Overweight | Overweight | Hold |
May 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
May 06, 2024 | Citigroup | Buy | Buy | Hold |
Apr 08, 2024 | Citigroup | Buy | Buy | Hold |
Apr 04, 2024 | RBC Capital | Outperform | Outperform | Hold |
Apr 02, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 31, 2023 | Barclays | Overweight | Overweight | Hold |
May 31, 2023 | Goldman Sachs | Buy | Buy | Hold |
Feb 08, 2023 | RBC Capital | Outperform | Outperform | Hold |
nVent Electric Financial Forecast
nVent Electric Revenue Forecast
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $861.20M | $858.80M | $803.00M | $740.60M | $741.60M | $745.20M | - | $694.70M | $669.00M | $642.80M | $601.30M | $548.90M | $521.20M | $509.30M | $447.20M | $520.90M | $566.70M | $559.80M | $539.50M | $538.00M | $568.10M | $563.90M |
Avg Forecast | $982.36M | $968.89M | $967.88M | $954.83M | $968.20M | $936.75M | $892.89M | $864.14M | $866.90M | $881.99M | $809.05M | $738.83M | $709.21M | $708.10M | $687.72M | $627.83M | $608.25M | $601.47M | $539.25M | $509.17M | $515.88M | $494.67M | $437.09M | $536.61M | $580.08M | $559.18M | $550.64M | $546.43M | $580.72M | $563.90M |
High Forecast | $992.84M | $979.22M | $978.20M | $965.01M | $978.53M | $942.67M | $902.41M | $873.36M | $883.75M | $893.77M | $817.68M | $746.71M | $716.77M | $715.65M | $687.72M | $635.97M | $616.13M | $609.26M | $546.24M | $515.77M | $522.56M | $501.08M | $442.76M | $543.56M | $587.60M | $566.42M | $557.77M | $553.51M | $696.87M | $676.68M |
Low Forecast | $956.44M | $943.32M | $942.34M | $929.64M | $942.66M | $926.51M | $869.33M | $841.34M | $855.08M | $873.23M | $787.70M | $719.34M | $690.50M | $689.42M | $687.72M | $619.83M | $600.50M | $593.80M | $532.37M | $502.68M | $509.30M | $488.37M | $431.52M | $529.77M | $572.69M | $552.05M | $543.61M | $539.46M | $464.58M | $451.12M |
# Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 11 |
Surprise % | - | - | - | - | - | - | - | - | 0.99% | 0.97% | 0.99% | 1.00% | 1.05% | 1.05% | - | 1.11% | 1.10% | 1.07% | 1.12% | 1.08% | 1.01% | 1.03% | 1.02% | 0.97% | 0.98% | 1.00% | 0.98% | 0.98% | 0.98% | 1.00% |
nVent Electric EBITDA Forecast
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 11 |
EBITDA | - | - | - | - | - | - | - | - | $160.40M | $156.20M | $146.70M | $151.60M | $219.10M | $120.00M | - | $118.00M | $117.10M | $124.90M | $114.00M | $105.40M | $90.80M | $-116.40M | $70.00M | $85.10M | $79.40M | $109.50M | $109.90M | $100.10M | $106.20M | $117.30M |
Avg Forecast | $195.17M | $192.49M | $192.29M | $189.70M | $192.35M | $186.10M | $177.39M | $123.31M | $172.23M | $175.23M | $160.73M | $112.10M | $140.90M | $123.08M | $136.63M | $101.91M | $114.71M | $111.89M | $85.50M | $81.31M | $88.64M | $-101.85M | $55.42M | $92.00M | $73.99M | $104.84M | $109.90M | $100.10M | $108.51M | $117.30M |
High Forecast | $197.25M | $194.54M | $194.34M | $191.72M | $194.41M | $187.28M | $179.28M | $147.97M | $175.58M | $177.57M | $162.45M | $134.52M | $142.40M | $147.69M | $136.63M | $122.29M | $137.65M | $134.27M | $102.60M | $97.57M | $106.37M | $-81.48M | $66.50M | $110.40M | $88.78M | $125.81M | $131.88M | $120.12M | $130.21M | $140.76M |
Low Forecast | $190.02M | $187.41M | $187.22M | $184.69M | $187.28M | $184.07M | $172.71M | $98.65M | $169.88M | $173.49M | $156.49M | $89.68M | $137.18M | $98.46M | $136.63M | $81.53M | $91.77M | $89.51M | $68.40M | $65.05M | $70.91M | $-122.22M | $44.33M | $73.60M | $59.19M | $83.87M | $87.92M | $80.08M | $86.81M | $93.84M |
Surprise % | - | - | - | - | - | - | - | - | 0.93% | 0.89% | 0.91% | 1.35% | 1.56% | 0.97% | - | 1.16% | 1.02% | 1.12% | 1.33% | 1.30% | 1.02% | 1.14% | 1.26% | 0.93% | 1.07% | 1.04% | 1.00% | 1.00% | 0.98% | 1.00% |
nVent Electric Net Income Forecast
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 11 |
Net Income | - | - | - | - | - | - | - | - | $254.90M | $105.50M | $112.90M | $93.80M | $158.70M | $93.40M | - | $67.80M | $67.00M | $74.30M | $66.20M | $65.40M | $47.10M | $-138.70M | $25.80M | $18.60M | $45.50M | $59.90M | $60.90M | $56.40M | $67.00M | $68.20M |
Avg Forecast | $160.50M | $157.82M | $153.87M | $142.55M | $145.61M | $137.25M | $139.31M | $70.85M | $124.55M | $123.87M | $115.46M | $64.41M | $98.45M | $73.22M | $90.43M | $58.55M | $65.63M | $66.56M | $49.65M | $50.45M | $45.98M | $-121.36M | $20.43M | $20.11M | $42.40M | $57.35M | $60.90M | $56.40M | $68.46M | $68.20M |
High Forecast | $162.73M | $160.01M | $156.01M | $144.52M | $147.63M | $138.95M | $141.24M | $85.02M | $126.21M | $127.27M | $117.06M | $77.29M | $99.81M | $87.86M | $90.43M | $70.27M | $78.76M | $79.87M | $59.58M | $60.54M | $55.17M | $-97.09M | $24.51M | $24.13M | $50.88M | $68.82M | $73.08M | $67.68M | $82.15M | $81.84M |
Low Forecast | $155.00M | $152.41M | $148.59M | $137.66M | $140.62M | $135.56M | $134.53M | $56.68M | $121.23M | $122.18M | $111.50M | $51.53M | $95.07M | $58.57M | $90.43M | $46.84M | $52.51M | $53.25M | $39.72M | $40.36M | $36.78M | $-145.63M | $16.34M | $16.09M | $33.92M | $45.88M | $48.72M | $45.12M | $54.77M | $54.56M |
Surprise % | - | - | - | - | - | - | - | - | 2.05% | 0.85% | 0.98% | 1.46% | 1.61% | 1.28% | - | 1.16% | 1.02% | 1.12% | 1.33% | 1.30% | 1.02% | 1.14% | 1.26% | 0.93% | 1.07% | 1.04% | 1.00% | 1.00% | 0.98% | 1.00% |
nVent Electric SG&A Forecast
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 11 |
SG&A | - | - | - | - | - | - | - | - | $174.40M | $178.70M | $167.70M | $162.40M | $150.70M | $154.80M | - | $142.00M | $145.80M | $139.70M | $135.20M | $117.20M | $112.20M | $107.40M | $104.30M | $123.10M | $125.10M | $126.20M | $113.10M | $120.10M | $120.60M | $124.10M |
Avg Forecast | $209.88M | $207.00M | $206.79M | $204.00M | $206.86M | $200.14M | $190.76M | $148.39M | $185.21M | $188.44M | $172.85M | $134.90M | $151.52M | $137.66M | $146.93M | $122.64M | $142.82M | $125.15M | $101.40M | $90.41M | $109.53M | $93.97M | $82.57M | $133.08M | $116.57M | $120.83M | $113.10M | $120.10M | $123.22M | $124.10M |
High Forecast | $212.12M | $209.21M | $208.99M | $206.17M | $209.06M | $201.40M | $192.80M | $178.07M | $188.81M | $190.95M | $174.70M | $161.88M | $153.14M | $165.20M | $146.93M | $147.16M | $171.39M | $150.18M | $121.68M | $108.49M | $131.43M | $112.77M | $99.08M | $159.70M | $139.88M | $145.00M | $135.72M | $144.12M | $147.87M | $148.92M |
Low Forecast | $204.34M | $201.54M | $201.33M | $198.62M | $201.40M | $197.95M | $185.73M | $118.71M | $182.69M | $186.56M | $168.29M | $107.92M | $147.52M | $110.13M | $146.93M | $98.11M | $114.26M | $100.12M | $81.12M | $72.33M | $87.62M | $75.18M | $66.06M | $106.46M | $93.26M | $96.66M | $90.48M | $96.08M | $98.58M | $99.28M |
Surprise % | - | - | - | - | - | - | - | - | 0.94% | 0.95% | 0.97% | 1.20% | 0.99% | 1.12% | - | 1.16% | 1.02% | 1.12% | 1.33% | 1.30% | 1.02% | 1.14% | 1.26% | 0.93% | 1.07% | 1.04% | 1.00% | 1.00% | 0.98% | 1.00% |
nVent Electric EPS Forecast
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 11 |
EPS | - | - | - | - | - | - | - | - | $1.54 | $0.64 | $0.68 | $0.57 | $0.95 | $0.56 | - | $0.41 | $0.40 | $0.44 | $0.39 | $0.39 | $0.28 | $-0.82 | $0.15 | $0.11 | $0.27 | $0.35 | $0.36 | $0.32 | $0.38 | $0.38 |
Avg Forecast | $0.95 | $0.93 | $0.91 | $0.84 | $0.86 | $0.81 | $0.82 | $0.74 | $0.74 | $0.73 | $0.68 | $0.61 | $0.58 | $0.59 | $0.54 | $0.44 | $0.48 | $0.48 | $0.40 | $0.35 | $0.42 | $0.40 | $0.26 | $0.37 | $0.44 | $0.47 | $0.44 | $0.39 | $0.47 | $0.46 |
High Forecast | $0.96 | $0.95 | $0.92 | $0.86 | $0.87 | $0.82 | $0.84 | $0.75 | $0.75 | $0.75 | $0.69 | $0.62 | $0.59 | $0.60 | $0.54 | $0.45 | $0.49 | $0.49 | $0.41 | $0.36 | $0.43 | $0.41 | $0.26 | $0.37 | $0.45 | $0.47 | $0.45 | $0.39 | $0.56 | $0.55 |
Low Forecast | $0.92 | $0.90 | $0.88 | $0.82 | $0.83 | $0.80 | $0.80 | $0.71 | $0.72 | $0.72 | $0.66 | $0.59 | $0.56 | $0.57 | $0.54 | $0.43 | $0.47 | $0.47 | $0.40 | $0.35 | $0.41 | $0.40 | $0.25 | $0.36 | $0.43 | $0.46 | $0.44 | $0.38 | $0.38 | $0.37 |
Surprise % | - | - | - | - | - | - | - | - | 2.09% | 0.87% | 0.99% | 0.93% | 1.63% | 0.94% | - | 0.93% | 0.83% | 0.91% | 0.97% | 1.11% | 0.67% | -2.03% | 0.59% | 0.30% | 0.61% | 0.75% | 0.81% | 0.82% | 0.81% | 0.83% |
nVent Electric Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
KE | Kimball Electronics | $18.12 | $23.75 | 31.07% | Buy |
ENR | Energizer | $29.08 | $37.67 | 29.54% | Hold |
NVT | nVent Electric | $65.83 | $82.80 | 25.78% | Buy |
AEIS | Advanced Energy Industries | $98.63 | $121.25 | 22.93% | Buy |
ENS | EnerSys | $99.01 | $118.00 | 19.18% | Buy |
AYI | Acuity Brands | $258.04 | $285.00 | 10.45% | Hold |
WIRE | Encore Wire | $289.84 | $295.00 | 1.78% | Hold |
HUBB | Hubbell | $404.63 | $343.00 | -15.23% | Hold |
VRT | Vertiv | $85.76 | $64.11 | -25.24% | Buy |
NVT Forecast FAQ
Is nVent Electric a good buy?
Yes, according to 5 Wall Street analysts, nVent Electric (NVT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of NVT's total ratings.
What is NVT's price target?
nVent Electric (NVT) average price target is $82.8 with a range of $77 to $88, implying a 25.78% from its last price of $65.83. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will nVent Electric stock go up soon?
According to Wall Street analysts' prediction for NVT stock, the company can go up by 25.78% (from the last price of $65.83 to the average price target of $82.8), up by 33.68% based on the highest stock price target, and up by 16.97% based on the lowest stock price target.
Can nVent Electric stock reach $100?
NVT's average twelve months analyst stock price target of $82.8 does not support the claim that nVent Electric can reach $100 in the near future.
What is nVent Electric's current price target trend?
1 Wall Street analyst forecast a $80 price target for nVent Electric (NVT) this month, up 21.53% from its last price of $65.83. Compared to the last 3 and 12 months, the average price target increased by 21.53% and increased by 25.78%, respectively.
What are nVent Electric's analysts' financial forecasts?
nVent Electric's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.66B (high $3.7B, low $3.58B), average EBITDA is $679.16M (high $708.94M, low $642.71M), average net income is $493.03M (high $512.84M, low $467.39M), average SG&A $746.15M (high $781.33M, low $703.79M), and average EPS is $3.24 (high $3.28, low $3.14). NVT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.87B (high $3.92B, low $3.77B), average EBITDA is $769.64M (high $777.85M, low $749.34M), average net income is $614.75M (high $623.27M, low $593.66M), average SG&A $827.67M (high $836.5M, low $805.83M), and average EPS is $3.64 (high $3.69, low $3.51).
Did the NVT's actual financial results beat the analysts' financial forecasts?
Based on nVent Electric's last annual report (Dec 2023), the company's revenue was $3.26B, which missed the average analysts forecast of $3.3B by -1.01%. Apple's EBITDA was $587.4M, missing the average prediction of $620.29M by -5.30%. The company's net income was $567.1M, beating the average estimation of $428.3M by 32.41%. Apple's SG&A was $683.2M, beating the average forecast of $681.4M by 0.26%. Lastly, the company's EPS was $3.42, beating the average prediction of $2.77 by 23.56%. In terms of the last quarterly report (Dec 2023), nVent Electric's revenue was $861.2M, missing the average analysts' forecast of $866.9M by -0.66%. The company's EBITDA was $160.4M, missing the average prediction of $172.23M by -6.87%. nVent Electric's net income was $254.9M, beating the average estimation of $124.55M by 104.66%. The company's SG&A was $174.4M, missing the average forecast of $185.21M by -5.84%. Lastly, the company's EPS was $1.54, beating the average prediction of $0.737 by 108.84%