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

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NVT Stock Forecast

nVent Electric stock forecast is as follows: an average price target of $85.00 (represents a 22.21% upside from NVT’s last price of $69.55) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

NVT Price Target

The average price target for nVent Electric (NVT) is $85.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $86.00 to $84.00. This represents a potential 22.21% upside from NVT's last price of $69.55.

NVT Analyst Ratings

Buy

According to 5 Wall Street analysts, nVent Electric's rating consensus is 'Buy'. The analyst rating breakdown for NVT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

nVent Electric Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Jeffrey HammondKeyBanc$84.00$74.2113.19%20.78%
Oct 02, 2024Julian MitchellBarclays$86.00$68.8124.98%23.65%
Sep 04, 2024Jeffrey HammondKeyBanc$80.00$62.9927.00%15.03%
May 06, 2024Deane DrayRBC Capital$88.00$75.8915.96%26.53%
Apr 08, 2024Nigel CoeWolfe Research$84.00$78.137.51%20.78%
Apr 02, 2024Julian MitchellBarclays$85.00$75.1613.09%22.21%
Mar 15, 2024Joe RitchieGoldman Sachs$77.00$69.9610.06%10.71%
Feb 08, 2023RBC Capital$47.00$43.547.95%-32.42%
Jan 05, 2023Barclays$50.00$38.4829.92%-28.11%
Aug 01, 2022RBC Capital$39.00$35.509.86%-43.93%
Jun 23, 2022Goldman Sachs$38.00$31.3321.29%-45.36%
Feb 09, 2022Julian MitchellBarclays$48.00$35.8533.89%-30.98%

The latest nVent Electric stock forecast, released on Oct 14, 2024 by Jeffrey Hammond from KeyBanc, set a price target of $84.00, which represents a 13.19% increase from the stock price at the time of the forecast ($74.21), and a 20.78% increase from NVT last price ($69.55).

nVent Electric Price Target by Period

1M3M12M
# Anlaysts-27
Avg Price Target-$85.00$83.43
Last Closing Price$69.55$69.55$69.55
Upside/Downside-100.00%22.21%19.96%

In the current month, the average price target of nVent Electric stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to nVent Electric's last price of $69.55. 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
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
Jul 31, 2023BarclaysOverweightOverweightHold
May 31, 2023Goldman SachsBuyBuyHold
Feb 08, 2023RBC CapitalOutperformOutperformHold
Feb 08, 2023BarclaysOverweightOverweightHold
Jan 05, 2023BarclaysOverweightOverweightHold
Aug 01, 2022BarclaysOverweightOverweightHold
Aug 01, 2022RBC CapitalOutperformOutperformHold
Jun 23, 2022Goldman SachsBuyBuyHold
May 02, 2022RBC CapitalOutperformOutperformHold

nVent Electric's last stock rating was published by KeyBanc on Oct 14, 2024. The company gave NVT a "Overweight" rating, the same as its previous rate.

nVent Electric Financial Forecast

nVent Electric Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$861.20M$858.80M$803.00M$740.60M$741.60M$745.20M$727.50M$694.70M$669.00M$642.80M$601.30M$548.90M$521.20M$509.30M$447.20M$520.90M$566.70M$559.80M
Avg Forecast$864.00M$870.60M$885.00M$870.50M$821.33M$835.23M$836.89M$817.95M$771.21M$937.37M$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
High Forecast$879.65M$886.37M$901.03M$886.26M$836.20M$850.36M$852.05M$829.56M$774.07M$938.72M$892.89M$864.14M$883.75M$893.77M$823.70M$752.21M$722.05M$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
Low Forecast$846.76M$853.23M$867.34M$853.13M$804.94M$818.56M$820.19M$802.05M$768.80M$936.02M$892.89M$864.14M$855.08M$873.23M$792.91M$724.09M$695.06M$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
# Analysts4444333563113964374347441377986
Surprise %------------0.99%0.97%0.99%1.00%1.05%1.05%1.06%1.11%1.10%1.07%1.12%1.08%1.01%1.03%1.02%0.97%0.98%1.00%

nVent Electric's average Quarter revenue forecast for Mar 24 based on 1 analysts is $864.14M, with a low forecast of $864.14M, and a high forecast of $864.14M. NVT's average Quarter revenue forecast represents a 0.34% increase compared to the company's last Quarter revenue of $861.20M (Dec 23).

nVent Electric EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563113964374347441377986
EBITDA------------$160.40M$156.20M$146.70M$151.60M$219.10M$120.00M$132.10M$118.00M$117.10M$124.90M$114.00M$105.40M$90.80M$-116.40M$70.00M$85.10M$79.40M$109.50M
Avg Forecast$172.20M$173.52M$176.39M$173.50M$163.70M$166.47M$166.80M$163.03M$153.71M$186.83M$177.96M$123.31M$172.78M$175.79M$161.25M$112.10M$126.18M$140.68M$136.63M$101.91M$120.84M$119.49M$107.13M$81.31M$102.49M$98.28M$86.84M$92.00M$115.25M$111.09M
High Forecast$175.32M$176.66M$179.58M$176.64M$166.66M$169.48M$169.82M$165.34M$154.28M$187.10M$177.96M$147.97M$176.14M$178.14M$164.17M$134.52M$151.42M$140.68M$136.63M$122.29M$120.84M$119.49M$107.13M$97.57M$102.49M$98.28M$86.84M$110.40M$115.25M$111.09M
Low Forecast$168.77M$170.06M$172.87M$170.04M$160.43M$163.15M$163.47M$159.86M$153.23M$186.56M$177.96M$98.65M$170.43M$174.04M$158.03M$89.68M$100.94M$140.68M$136.63M$81.53M$120.84M$119.49M$107.13M$65.05M$102.49M$98.28M$86.84M$73.60M$115.25M$111.09M
Surprise %------------0.93%0.89%0.91%1.35%1.74%0.85%0.97%1.16%0.97%1.05%1.06%1.30%0.89%-1.18%0.81%0.93%0.69%0.99%

1 analysts predict NVT's average Quarter EBITDA for Mar 24 to be $123.31M, with a high of $147.97M and a low of $98.65M. This is -23.12% lower than nVent Electric's previous annual EBITDA (Dec 23) of $160.40M.

nVent Electric Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563113964374347441377986
Net Income------------$254.90M$105.50M$112.90M$93.80M$158.70M$93.40M$79.90M$67.80M$67.00M$74.30M$66.20M$65.40M$47.10M$-138.70M$25.80M$18.60M$45.50M$59.90M
Avg Forecast$127.76M$137.84M$146.25M$129.44M$128.27M$133.34M$133.63M$117.93M$99.90M$136.56M$138.65M$70.85M$123.96M$123.29M$114.91M$64.41M$72.20M$100.38M$90.64M$58.55M$81.39M$81.55M$68.13M$50.45M$71.08M$68.10M$43.08M$20.11M$74.49M$78.83M
High Forecast$130.76M$141.09M$149.69M$132.48M$131.29M$136.48M$136.78M$124.77M$101.59M$136.78M$138.67M$85.02M$125.61M$126.67M$117.62M$77.29M$86.64M$100.38M$90.64M$70.27M$81.39M$81.55M$68.13M$60.54M$71.08M$68.10M$43.08M$24.13M$74.49M$78.83M
Low Forecast$124.44M$134.27M$142.45M$126.08M$124.94M$129.88M$130.16M$111.10M$98.21M$136.33M$138.64M$56.68M$120.66M$121.60M$111.93M$51.53M$57.76M$100.38M$90.64M$46.84M$81.39M$81.55M$68.13M$40.36M$71.08M$68.10M$43.08M$16.09M$74.49M$78.83M
Surprise %------------2.06%0.86%0.98%1.46%2.20%0.93%0.88%1.16%0.82%0.91%0.97%1.30%0.66%-2.04%0.60%0.93%0.61%0.76%

nVent Electric's average Quarter net income forecast for Mar 24 is $70.85M, with a range of $56.68M to $85.02M. NVT's average Quarter net income forecast represents a -72.20% decrease compared to the company's last Quarter net income of $254.90M (Dec 23).

nVent Electric SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563113964374347441377986
SG&A------------$174.40M$178.70M$167.70M$162.40M$150.70M$154.80M$148.50M$142.00M$145.80M$139.70M$135.20M$117.20M$112.20M$107.40M$104.30M$123.10M$125.10M$126.20M
Avg Forecast$185.96M$187.38M$190.48M$187.36M$176.78M$179.77M$180.12M$176.05M$165.99M$201.75M$192.18M$148.39M$186.58M$189.83M$174.13M$134.90M$157.11M$151.28M$146.93M$122.64M$129.95M$128.50M$115.21M$90.41M$110.22M$105.69M$93.38M$133.08M$123.93M$119.47M
High Forecast$189.33M$190.77M$193.93M$190.75M$179.98M$183.02M$183.39M$178.55M$166.60M$202.04M$192.18M$178.07M$190.21M$192.37M$177.29M$161.88M$188.53M$151.28M$146.93M$147.16M$129.95M$128.50M$115.21M$108.49M$110.22M$105.69M$93.38M$159.70M$123.93M$119.47M
Low Forecast$182.25M$183.64M$186.68M$183.62M$173.25M$176.18M$176.53M$172.62M$165.47M$201.46M$192.18M$118.71M$184.04M$187.95M$170.66M$107.92M$125.69M$151.28M$146.93M$98.11M$129.95M$128.50M$115.21M$72.33M$110.22M$105.69M$93.38M$106.46M$123.93M$119.47M
Surprise %------------0.93%0.94%0.96%1.20%0.96%1.02%1.01%1.16%1.12%1.09%1.17%1.30%1.02%1.02%1.12%0.93%1.01%1.06%

nVent Electric's average Quarter SG&A projection for Mar 24 is $148.39M, based on 1 Wall Street analysts, with a range of $118.71M to $178.07M. The forecast indicates a -14.91% fall compared to NVT last annual SG&A of $174.40M (Dec 23).

nVent Electric EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333563113964374347441377986
EPS------------$1.54$0.64$0.68$0.57$0.95$0.56$0.48$0.41$0.40$0.44$0.39$0.39$0.28$-0.82$0.15$0.11$0.27$0.35
Avg Forecast$0.76$0.82$0.87$0.77$0.76$0.79$0.79$0.70$0.59$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
High Forecast$0.78$0.84$0.89$0.79$0.78$0.81$0.81$0.74$0.60$0.81$0.82$0.74$0.75$0.75$0.70$0.63$0.60$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
Low Forecast$0.74$0.80$0.85$0.75$0.74$0.77$0.77$0.66$0.58$0.81$0.82$0.74$0.72$0.72$0.67$0.60$0.57$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
Surprise %------------2.09%0.87%0.99%0.93%1.63%0.94%0.89%0.93%0.83%0.91%0.97%1.11%0.67%-2.03%0.59%0.30%0.61%0.75%

According to 1 Wall Street analysts, nVent Electric's projected average Quarter EPS for Mar 24 is $0.74, with a low estimate of $0.74 and a high estimate of $0.74. This represents a -52.18% decrease compared to NVT previous annual EPS of $1.54 (Dec 23).

nVent Electric Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ENSEnerSys$91.53$120.0031.10%Buy
KEKimball Electronics$18.60$23.7527.69%Buy
NVTnVent Electric$72.62$85.0017.05%Buy
ENREnergizer$35.92$40.0011.36%Hold
AEISAdvanced Energy Industries$120.65$131.508.99%Buy
VRTVertiv$120.69$127.675.78%Buy
HUBBHubbell$439.53$448.802.11%Hold
AYIAcuity Brands$312.85$318.331.75%Hold

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 $85 with a range of $84 to $86, implying a 22.21% from its last price of $69.55. 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 22.21% (from the last price of $69.55 to the average price target of $85), up by 23.65% based on the highest stock price target, and up by 20.78% based on the lowest stock price target.

Can nVent Electric stock reach $100?

NVT's average twelve months analyst stock price target of $85 does not support the claim that nVent Electric can reach $100 in the near future.

What are nVent Electric's analysts' financial forecasts?

nVent Electric's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.31B (high $3.37B, low $3.25B), average EBITDA is $660M (high $671.31M, low $646.91M), average net income is $513.17M (high $529.31M, low $496.08M), average SG&A $712.71M (high $724.93M, low $698.58M), and average EPS is $3.05 (high $3.15, low $2.95). NVT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.49B (high $3.55B, low $3.42B), average EBITDA is $695.61M (high $708.21M, low $681.73M), average net income is $541.28M (high $554.02M, low $527.24M), average SG&A $751.18M (high $764.78M, low $736.19M), and average EPS is $3.22 (high $3.3, low $3.14).

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 $621.92M by -5.55%. The company's net income was $567.1M, beating the average estimation of $426.57M by 32.94%. Apple's SG&A was $683.2M, missing the average forecast of $685.45M by -0.33%. 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 $172.78M by -7.17%. nVent Electric's net income was $254.9M, beating the average estimation of $123.96M by 105.63%. The company's SG&A was $174.4M, missing the average forecast of $186.58M by -6.53%. Lastly, the company's EPS was $1.54, beating the average prediction of $0.737 by 108.84%