Nuvve (NVVE) Stock Forecast, Price Target & Predictions


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NVVE Stock Forecast


Nuvve stock forecast is as follows: an average price target of $11.00 (represents a 231.33% upside from NVVE’s last price of $3.32) 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 231.33% upside from NVVE's last price of $3.32.

NVVE Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2022-Chardan Capital$11.00$3.77191.39%231.33%
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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 231.33% increase from NVVE last price ($3.32).

Nuvve Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$3.32$3.32$3.32
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 $3.32. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2022Chardan CapitalBuyBuyHold
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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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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
# Analysts1111111111111111
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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
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%

1 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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
Net Income----$-7.52M-$-8.22M$-18.93B$-7.71M$-7.80M$-94.56M$-8.52M$-9.21M$-6.36M$-6.19M$-5.65M
Avg Forecast$-21.34M$-24.01M$-26.68M$-29.34M$-37.35M$-69.36M$-101.37M$-109.37M$-89.36M$-872.24M$-1.02B$-847.32M$-880.55M$-822.40M$-747.63M$-4.52M
High Forecast$-21.34M$-24.01M$-26.68M$-29.34M$-37.35M$-69.36M$-101.37M$-109.37M$-89.36M$-872.24M$-1.02B$-847.32M$-880.55M$-822.40M$-747.63M$-3.61M
Low Forecast$-21.34M$-24.01M$-26.68M$-29.34M$-37.35M$-69.36M$-101.37M$-109.37M$-89.36M$-872.24M$-1.02B$-847.32M$-880.55M$-822.40M$-747.63M$-5.42M
Surprise %----0.20%-0.08%173.07%0.09%0.01%0.09%0.01%0.01%0.01%0.01%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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
EPS----$-6.98-$-0.30$-769.58$-0.32$-0.36$-4.96$-0.45$-0.49$-0.34$-0.33$-0.54
Avg Forecast$-32.00$-36.00$-40.00$-44.00$-56.00$-104.00$-152.00$-164.00$-134.00$-140.00$-164.00$-136.00$-141.33$-132.00$-120.00$-48.00
High Forecast$-32.00$-36.00$-40.00$-44.00$-56.00$-104.00$-152.00$-164.00$-134.00$-140.00$-164.00$-136.00$-141.33$-132.00$-120.00$-48.00
Low Forecast$-32.00$-36.00$-40.00$-44.00$-56.00$-104.00$-152.00$-164.00$-134.00$-140.00$-164.00$-136.00$-141.33$-132.00$-120.00$-48.00
Surprise %----0.12%-0.00%4.69%0.00%0.00%0.03%0.00%0.00%0.00%0.00%0.01%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
IMBIiMedia Brands$0.11$9.008081.82%Buy
CHPTChargePoint$1.13$12.40997.35%Buy
NVVENuvve$3.32$11.00231.33%Buy
WOOFPetco Health and Wellness Company$4.17$9.42125.90%Buy
ULTAUlta Beauty$338.78$446.9231.92%Hold
DKSDICK'S Sporting Goods$201.63$225.9012.04%Buy
BBYBest Buy$86.51$96.1911.19%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 231.33% from its last price of $3.32. 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 231.33% (from the last price of $3.32 to the average price target of $11), up by 231.33% based on the highest stock price target, and up by 231.33% based on the lowest stock price target.

Can Nuvve stock reach $5?

NVVE's average twelve months analyst stock price target of $11 supports the claim that Nuvve can reach $5 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 $-101M (high $-101M, low $-101M), average SG&A $106.68M (high $106.68M, low $106.68M), and average EPS is $-152 (high $-152, low $-152).

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 $-317M by -89.85%. 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 $-476 by -91.52%. 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 $-37.346M by -79.87%. 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, missing the average prediction of $-56 by -87.54%