Nuvve (NVVE) Stock Forecast, Price Target & Predictions
NVVE Stock Forecast
Nuvve stock forecast is as follows: an average price target of $11.00 (represents a 2234.47% upside from NVVE’s last price of $0.47) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
NVVE Price Target
The average price target for Nuvve (NVVE) is $11.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 2234.47% upside from NVVE's last price of $0.47.
NVVE Analyst Ratings
According to 1 Wall Street analysts, Nuvve's rating consensus is 'Buy'. The analyst rating breakdown for NVVE stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Nuvve Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2022 | - | Chardan Capital | $11.00 | $3.77 | 191.39% | 2234.47% |
The latest Nuvve stock forecast, released on Aug 08, 2022 by Chardan Capital company, set a price target of $11.00, which represents a 191.39% increase from the stock price at the time of the forecast ($3.77), and a 2234.47% increase from NVVE last price ($0.47).
Nuvve Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $0.47 | $0.47 | $0.47 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Nuvve stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nuvve's last price of $0.47. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2022 | Chardan Capital | Buy | Buy | Hold |
Nuvve's last stock rating was published by Chardan Capital on Aug 08, 2022. The company gave NVVE a "Buy" rating, the same as its previous rate.
Nuvve Financial Forecast
Nuvve Revenue Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $1.64M | - | $2.12M | $1.78M | $1.10M | $487.82K | $1.07M | $2.25M | $1.25M | $682.90K | $766.52K | $311.90K |
| Avg Forecast | $8.09M | $6.87M | $5.37M | $4.22M | $2.96M | $1.92M | $1.30M | $570.48K | $700.00K | $3.20M | $3.65M | $5.14M | $3.81M | $3.40M | $2.50M | $1.90M |
| High Forecast | $8.09M | $6.87M | $5.37M | $4.22M | $3.82M | $1.92M | $1.30M | $570.48K | $700.00K | $3.20M | $3.65M | $5.14M | $3.81M | $3.40M | $2.50M | $1.90M |
| Low Forecast | $8.09M | $6.87M | $5.37M | $4.22M | $2.10M | $1.92M | $1.30M | $570.48K | $700.00K | $3.20M | $3.65M | $5.14M | $3.81M | $3.40M | $2.50M | $1.90M |
| # Analysts | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | 0.56% | - | 1.63% | 3.12% | 1.58% | 0.15% | 0.29% | 0.44% | 0.33% | 0.20% | 0.31% | 0.16% |
Nuvve's average Quarter revenue forecast for Mar 24 based on 1 analysts is $4.22M, with a low forecast of $4.22M, and a high forecast of $4.22M. NVVE's average Quarter revenue forecast represents a 156.87% increase compared to the company's last Quarter revenue of $1.64M (Dec 23).
Nuvve EBITDA Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | $-7.45M | - | $-8.32M | $-7.51M | $-9.69M | $-8.66M | $33.38M | $-9.95M | $-8.62M | $-6.80M | $-6.15M | $-4.72M |
| Avg Forecast | $-8.09M | $-6.87M | $-5.37M | $-4.22M | $-2.96M | $-1.92M | $-1.30M | $-570.48K | $-700.00K | $-3.20M | $-3.65M | $-5.14M | $-3.81M | $-3.40M | $-2.50M | $-3.98M |
| High Forecast | $-8.09M | $-6.87M | $-5.37M | $-4.22M | $-2.10M | $-1.92M | $-1.30M | $-570.48K | $-700.00K | $-3.20M | $-3.65M | $-5.14M | $-3.81M | $-3.40M | $-2.50M | $-3.18M |
| Low Forecast | $-8.09M | $-6.87M | $-5.37M | $-4.22M | $-3.82M | $-1.92M | $-1.30M | $-570.48K | $-700.00K | $-3.20M | $-3.65M | $-5.14M | $-3.81M | $-3.40M | $-2.50M | $-4.78M |
| Surprise % | - | - | - | - | 2.52% | - | 6.40% | 13.17% | 13.84% | 2.71% | -9.14% | 1.94% | 2.26% | 2.00% | 2.46% | 1.19% |
0 analysts predict NVVE's average Quarter EBITDA for Sep 22 to be $-3.20M, with a high of $-3.20M and a low of $-3.20M. This is -109.59% lower than Nuvve's previous annual EBITDA (Jun 22) of $33.38M.
Nuvve Net Income Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | $-7.52M | - | $-8.22M | $-18.93B | $-7.71M | $-7.80M | $-94.56M | $-8.52M | $-9.21M | $-6.36M | $-6.19M | $-5.65M |
| Avg Forecast | $-19.94M | $-22.43M | $-24.92M | $-27.41M | $-34.89M | $-64.79M | $-94.70M | $-102.18M | $-83.49M | $-87.22M | $-102.18M | $-84.73M | $-88.05M | $-82.24M | $-74.76M | $-4.52M |
| High Forecast | $-19.94M | $-22.43M | $-24.92M | $-27.41M | $-34.89M | $-64.79M | $-94.70M | $-102.18M | $-83.49M | $-87.22M | $-102.18M | $-84.73M | $-88.05M | $-82.24M | $-74.76M | $-3.61M |
| Low Forecast | $-19.94M | $-22.43M | $-24.92M | $-27.41M | $-34.89M | $-64.79M | $-94.70M | $-102.18M | $-83.49M | $-87.22M | $-102.18M | $-84.73M | $-88.05M | $-82.24M | $-74.76M | $-5.42M |
| Surprise % | - | - | - | - | 0.22% | - | 0.09% | 185.25% | 0.09% | 0.09% | 0.93% | 0.10% | 0.10% | 0.08% | 0.08% | 1.25% |
Nuvve's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NVVE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Nuvve SG&A Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | $5.94M | - | $6.10M | $6.17M | $7.19M | $7.16M | $8.14M | $7.63M | $6.54M | $6.60M | $5.27M | $4.48M |
| Avg Forecast | $35.13M | $29.85M | $23.34M | $18.35M | $12.86M | $8.35M | $5.65M | $2.48M | $3.04M | $13.90M | $15.86M | $22.31M | $16.56M | $14.77M | $10.86M | $8.25M |
| High Forecast | $35.13M | $29.85M | $23.34M | $18.35M | $16.61M | $8.35M | $5.65M | $2.48M | $3.04M | $13.90M | $15.86M | $22.31M | $16.56M | $14.77M | $10.86M | $8.25M |
| Low Forecast | $35.13M | $29.85M | $23.34M | $18.35M | $9.11M | $8.35M | $5.65M | $2.48M | $3.04M | $13.90M | $15.86M | $22.31M | $16.56M | $14.77M | $10.86M | $8.25M |
| Surprise % | - | - | - | - | 0.46% | - | 1.08% | 2.49% | 2.36% | 0.52% | 0.51% | 0.34% | 0.40% | 0.45% | 0.49% | 0.54% |
Nuvve's average Quarter SG&A projection for Mar 24 is $18.35M, based on 1 Wall Street analysts, with a range of $18.35M to $18.35M. The forecast indicates a 208.77% rise compared to NVVE last annual SG&A of $5.94M (Dec 23).
Nuvve EPS Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | $-6.98 | - | $-0.30 | $-769.58 | $-0.32 | $-0.36 | $-4.96 | $-0.45 | $-0.49 | $-0.34 | $-0.33 | $-0.54 |
| Avg Forecast | $-3.20 | $-3.60 | $-4.00 | $-4.40 | $-5.60 | $-10.40 | $-15.20 | $-16.40 | $-13.40 | $-14.00 | $-16.40 | $-13.60 | $-14.13 | $-13.20 | $-12.00 | $-4.80 |
| High Forecast | $-3.20 | $-3.60 | $-4.00 | $-4.40 | $-5.60 | $-10.40 | $-15.20 | $-16.40 | $-13.40 | $-14.00 | $-16.40 | $-13.60 | $-14.13 | $-13.20 | $-12.00 | $-4.80 |
| Low Forecast | $-3.20 | $-3.60 | $-4.00 | $-4.40 | $-5.60 | $-10.40 | $-15.20 | $-16.40 | $-13.40 | $-14.00 | $-16.40 | $-13.60 | $-14.13 | $-13.20 | $-12.00 | $-4.80 |
| Surprise % | - | - | - | - | 1.25% | - | 0.02% | 46.93% | 0.02% | 0.03% | 0.30% | 0.03% | 0.03% | 0.03% | 0.03% | 0.11% |
According to undefined Wall Street analysts, Nuvve's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NVVE previous annual EPS of $NaN (undefined).
Nuvve Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IMBI | iMedia Brands | $0.11 | $9.00 | 8081.82% | Buy |
| NVVE | Nuvve | $0.47 | $11.00 | 2240.43% | Buy |
| CHPT | ChargePoint | $1.37 | $12.47 | 810.22% | Buy |
| WOOF | Petco Health and Wellness Company | $4.58 | $9.25 | 101.97% | Buy |
| ULTA | Ulta Beauty | $378.34 | $470.92 | 24.47% | Hold |
| DKS | DICK'S Sporting Goods | $216.95 | $225.90 | 4.13% | Buy |
| BBY | Best Buy | $98.45 | $96.00 | -2.49% | Buy |
NVVE Forecast FAQ
Is Nuvve a good buy?
Yes, according to 1 Wall Street analysts, Nuvve (NVVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of NVVE's total ratings.
What is NVVE's price target?
Nuvve (NVVE) average price target is $11 with a range of $11 to $11, implying a 2234.47% from its last price of $0.471. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Nuvve stock go up soon?
According to Wall Street analysts' prediction for NVVE stock, the company can go up by 2234.47% (from the last price of $0.471 to the average price target of $11), up by 2234.47% based on the highest stock price target, and up by 2234.47% based on the lowest stock price target.
Can Nuvve stock reach $1?
NVVE's average twelve months analyst stock price target of $11 supports the claim that Nuvve can reach $1 in the near future.
What are Nuvve's analysts' financial forecasts?
NVVE's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $24.56M (high $24.56M, low $24.56M), average EBITDA is $-24.557M (high $-24.557M, low $-24.557M), average net income is $-94.7M (high $-94.7M, low $-94.7M), average SG&A $106.68M (high $106.68M, low $106.68M), and average EPS is $-15.2 (high $-15.2, low $-15.2).
Did the NVVE's actual financial results beat the analysts' financial forecasts?
Based on Nuvve's last annual report (Dec 2023), the company's revenue was $8.33M, beating the average analysts forecast of $6.75M by 23.37%. Apple's EBITDA was $-32.105M, beating the average prediction of $-6.754M by 375.36%. The company's net income was $-32.216M, missing the average estimation of $-297M by -89.14%. Apple's SG&A was $24.69M, missing the average forecast of $29.34M by -15.83%. Lastly, the company's EPS was $-40.36, missing the average prediction of $-47.6 by -15.21%. In terms of the last quarterly report (Dec 2023), Nuvve's revenue was $1.64M, missing the average analysts' forecast of $2.96M by -44.45%. The company's EBITDA was $-7.448M, beating the average prediction of $-2.961M by 151.55%. Nuvve's net income was $-7.519M, missing the average estimation of $-34.89M by -78.45%. The company's SG&A was $5.94M, missing the average forecast of $12.86M by -53.79%. Lastly, the company's EPS was $-6.98, beating the average prediction of $-5.6 by 24.64%