nVent Electric (NVT) Stock Forecast, Price Target & Predictions
NVT Stock Forecast
nVent Electric stock forecast is as follows: an average price target of $83.80 (represents a 7.49% upside from NVT’s last price of $77.96) 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 $83.80 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $88.00 to $77.00. This represents a potential 7.49% upside from NVT's last price of $77.96.
NVT Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 14, 2024 | Jeffrey Hammond | KeyBanc | $84.00 | $74.21 | 13.19% | 7.75% |
| Oct 02, 2024 | Julian Mitchell | Barclays | $86.00 | $68.81 | 24.98% | 10.31% |
| Sep 04, 2024 | Jeffrey Hammond | KeyBanc | $80.00 | $62.99 | 27.00% | 2.62% |
| May 06, 2024 | Deane Dray | RBC Capital | $88.00 | $75.89 | 15.96% | 12.88% |
| Apr 08, 2024 | Nigel Coe | Wolfe Research | $84.00 | $78.13 | 7.51% | 7.75% |
| Apr 02, 2024 | Julian Mitchell | Barclays | $85.00 | $75.16 | 13.09% | 9.03% |
| Mar 15, 2024 | Joe Ritchie | Goldman Sachs | $77.00 | $69.96 | 10.06% | -1.23% |
| Feb 08, 2023 | - | RBC Capital | $47.00 | $43.54 | 7.95% | -39.71% |
| Jan 05, 2023 | - | Barclays | $50.00 | $38.48 | 29.92% | -35.86% |
| Aug 01, 2022 | - | RBC Capital | $39.00 | $35.50 | 9.86% | -49.97% |
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 7.75% increase from NVT last price ($77.96).
nVent Electric Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 7 |
| Avg Price Target | - | $83.33 | $83.43 |
| Last Closing Price | $77.96 | $77.96 | $77.96 |
| Upside/Downside | -100.00% | 6.89% | 7.02% |
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 $77.96. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Oct 02, 2024 | Barclays | Overweight | Overweight | Hold |
| 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 |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $822.53M | $834.68M | $858.30M | $839.65M | $808.18M | $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 | $878.16M | $884.87M | $899.51M | $884.77M | $836.01M | $848.36M | $872.37M | $851.56M | $811.18M | $938.72M | $892.89M | $864.14M | $883.75M | $893.77M | $822.31M | $750.94M | $720.83M | $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 | $851.78M | $858.29M | $872.49M | $858.19M | $810.90M | $822.87M | $846.16M | $823.33M | $805.66M | $936.02M | $892.89M | $864.14M | $855.08M | $873.23M | $797.61M | $728.38M | $699.18M | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
| 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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
| 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 | $173.27M | $174.59M | $177.48M | $174.57M | $164.95M | $167.39M | $172.13M | $168.38M | $162.07M | $187.98M | $179.06M | $123.31M | $173.85M | $176.88M | $162.25M | $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 | $176.11M | $177.45M | $180.39M | $177.43M | $167.66M | $170.13M | $174.95M | $170.77M | $162.68M | $188.25M | $179.06M | $147.97M | $177.23M | $179.24M | $164.91M | $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 | $170.82M | $172.12M | $174.97M | $172.10M | $162.62M | $165.02M | $169.69M | $165.11M | $161.57M | $187.71M | $179.06M | $98.65M | $171.48M | $175.12M | $159.95M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.88% | 0.90% | 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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
| 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 | $137.56M | $137.66M | $123.35M | $112.52M | $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 | $130.48M | $140.78M | $149.36M | $132.20M | $131.00M | $140.49M | $140.60M | $130.50M | $114.43M | $136.78M | $138.67M | $85.02M | $125.61M | $126.67M | $117.36M | $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 | $125.41M | $135.31M | $143.56M | $127.06M | $125.91M | $135.03M | $135.13M | $116.20M | $110.62M | $136.33M | $138.64M | $56.68M | $120.66M | $121.60M | $112.80M | $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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
| 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 | $177.03M | $179.65M | $184.73M | $180.72M | $173.95M | $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 | $189.01M | $190.45M | $193.60M | $190.43M | $179.94M | $182.59M | $187.76M | $183.28M | $174.59M | $202.04M | $192.18M | $178.07M | $190.21M | $192.37M | $176.99M | $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 | $183.33M | $184.73M | $187.79M | $184.71M | $174.53M | $177.11M | $182.12M | $177.20M | $173.40M | $201.46M | $192.18M | $118.71M | $184.04M | $187.95M | $171.67M | $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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
| 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 | $0.82 | $0.82 | $0.73 | $0.67 | $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 | $0.84 | $0.84 | $0.78 | $0.68 | $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 | $0.75 | $0.80 | $0.85 | $0.76 | $0.75 | $0.80 | $0.80 | $0.69 | $0.66 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ENS | EnerSys | $95.04 | $118.00 | 24.16% | Buy |
| KE | Kimball Electronics | $19.55 | $23.75 | 21.48% | Buy |
| AEIS | Advanced Energy Industries | $112.53 | $122.60 | 8.95% | Buy |
| NVT | nVent Electric | $77.96 | $83.80 | 7.49% | Buy |
| WIRE | Encore Wire | $289.84 | $295.00 | 1.78% | Hold |
| AYI | Acuity Brands | $320.41 | $318.33 | -0.65% | Hold |
| ENR | Energizer | $38.09 | $37.67 | -1.10% | Hold |
| HUBB | Hubbell | $456.48 | $384.14 | -15.85% | Hold |
| VRT | Vertiv | $141.49 | $91.30 | -35.47% | Buy |