NorthWestern (NWE) Stock Forecast, Price Target & Predictions
NWE Stock Forecast
NorthWestern stock forecast is as follows: an average price target of $51.20 (represents a -7.36% downside from NWE’s last price of $55.27) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
NWE Price Target
The average price target for NorthWestern (NWE) is $51.20 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $65.00 to $31.00. This represents a potential -7.36% downside from NWE's last price of $55.27.
NWE Analyst Ratings
According to 7 Wall Street analysts, NorthWestern's rating consensus is 'Buy'. The analyst rating breakdown for NWE stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 2 'Hold' (28.57%), 1 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
NorthWestern Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 09, 2024 | Anthony Crowdell | Mizuho Securities | $56.00 | $54.73 | 2.32% | 1.32% |
| Sep 12, 2024 | Ross Fowler | Bank of America Securities | $65.00 | $54.58 | 19.09% | 17.60% |
| May 16, 2024 | Anthony Crowdell | Mizuho Securities | $52.00 | $51.86 | 0.27% | -5.92% |
| Jan 22, 2024 | Shahriar Pourreza | Guggenheim | $47.00 | $47.87 | -1.82% | -14.96% |
| Feb 14, 2023 | Angie Storozynski | Seaport Global | $31.00 | $56.28 | -44.92% | -43.91% |
| Jul 18, 2022 | - | Barclays | $57.00 | $57.07 | -0.12% | 3.13% |
The latest NorthWestern stock forecast, released on Oct 09, 2024 by Anthony Crowdell from Mizuho Securities, set a price target of $56.00, which represents a 2.32% increase from the stock price at the time of the forecast ($54.73), and a 1.32% increase from NWE last price ($55.27).
NorthWestern Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $60.50 | $55.00 |
| Last Closing Price | $55.27 | $55.27 | $55.27 |
| Upside/Downside | -100.00% | 9.46% | -0.49% |
In the current month, the average price target of NorthWestern stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NorthWestern's last price of $55.27. 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 16, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 06, 2024 | Barclays | Underweight | Underweight | Hold |
| Jan 22, 2024 | Guggenheim | - | Buy | Upgrade |
| Oct 30, 2023 | Wells Fargo | - | Overweight | Upgrade |
| Jul 27, 2023 | UBS | - | Neutral | Downgrade |
| Jun 01, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Feb 14, 2023 | Seaport Global | - | Buy | Upgrade |
| Sep 29, 2022 | Bank of America Securities | - | Buy | Upgrade |
| Jul 18, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
NorthWestern's last stock rating was published by Wells Fargo on Oct 16, 2024. The company gave NWE a "Overweight" rating, the same as its previous rate.
NorthWestern Financial Forecast
NorthWestern 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $290.50M | $454.50M | $425.28M | $335.07M | $323.00M | $394.48M | $347.34M | $325.95M | $298.22M | $400.80M | $313.44M | $280.61M | $269.36M | $335.25M | $328.13M | $274.84M | $270.72M | $384.22M | $341.50M | $367.31M |
| Avg Forecast | $415.30M | $368.07M | $342.84M | $499.26M | $383.01M | $350.17M | $310.40M | $471.60M | $462.66M | $361.57M | $341.24M | $422.57M | $395.75M | $317.08M | $280.55M | $415.28M | $335.59M | $291.03M | $269.06M | $376.77M | $359.50M | $289.03M | $257.28M | $383.40M | $329.22M | $295.48M | $308.82M | $383.47M | $359.96M | $334.80M |
| High Forecast | $425.06M | $376.72M | $350.90M | $510.98M | $397.78M | $352.16M | $317.69M | $471.60M | $467.39M | $361.79M | $349.25M | $432.50M | $405.05M | $317.08M | $280.55M | $415.28M | $335.59M | $291.03M | $269.06M | $376.77M | $359.50M | $289.03M | $257.28M | $383.40M | $329.22M | $295.48M | $308.82M | $383.47M | $431.95M | $401.75M |
| Low Forecast | $405.30M | $359.21M | $334.59M | $487.24M | $368.23M | $348.19M | $302.93M | $471.60M | $457.93M | $361.36M | $333.02M | $412.40M | $386.22M | $317.08M | $280.55M | $415.28M | $335.59M | $291.03M | $269.06M | $376.77M | $359.50M | $289.03M | $257.28M | $383.40M | $329.22M | $295.48M | $308.82M | $383.47M | $287.97M | $267.84M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.85% | 1.08% | 1.07% | 1.06% | 1.15% | 0.95% | 1.04% | 1.12% | 1.11% | 1.06% | 0.87% | 0.97% | 1.05% | 0.87% | 1.00% | 0.93% | 0.88% | 1.00% | 0.95% | 1.10% |
NorthWestern's average Quarter revenue forecast for Sep 23 based on 2 analysts is $361.57M, with a low forecast of $361.36M, and a high forecast of $361.79M. NWE's average Quarter revenue forecast represents a 24.46% increase compared to the company's last Quarter revenue of $290.50M (Jun 23).
NorthWestern 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $45.62M | $153.90M | $140.19M | $101.04M | $103.47M | $132.84M | $120.88M | $108.10M | $108.88M | $133.53M | $117.63M | $94.73M | $89.84M | $118.50M | $127.36M | $89.11M | $89.96M | $143.75M | $127.14M | $128.10M |
| Avg Forecast | $145.01M | $128.52M | $119.71M | $174.33M | $133.74M | $122.27M | $108.39M | $175.47M | $161.55M | $126.25M | $119.15M | $159.52M | $137.89M | $110.72M | $97.96M | $145.02M | $117.18M | $101.62M | $93.95M | $123.08M | $125.53M | $100.92M | $89.84M | $140.65M | $114.95M | $103.18M | $107.83M | $140.16M | $133.66M | $115.67M |
| High Forecast | $148.42M | $131.54M | $122.53M | $178.42M | $138.89M | $122.97M | $110.93M | $210.57M | $163.20M | $126.33M | $121.95M | $191.43M | $165.47M | $110.72M | $97.96M | $174.02M | $117.18M | $101.62M | $93.95M | $147.70M | $125.53M | $100.92M | $89.84M | $168.79M | $114.95M | $103.18M | $107.83M | $168.19M | $160.39M | $138.80M |
| Low Forecast | $141.52M | $125.43M | $116.83M | $170.13M | $128.58M | $121.58M | $105.78M | $140.38M | $159.90M | $126.18M | $116.28M | $127.62M | $110.31M | $110.72M | $97.96M | $116.02M | $117.18M | $101.62M | $93.95M | $98.47M | $125.53M | $100.92M | $89.84M | $112.52M | $114.95M | $103.18M | $107.83M | $112.13M | $106.93M | $92.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.38% | 0.96% | 1.02% | 0.91% | 1.06% | 0.92% | 1.03% | 1.06% | 1.16% | 1.08% | 0.94% | 0.94% | 1.00% | 0.84% | 1.11% | 0.86% | 0.83% | 1.03% | 0.95% | 1.11% |
2 analysts predict NWE's average Quarter EBITDA for Sep 23 to be $126.25M, with a high of $126.33M and a low of $126.18M. This is 176.75% upper than NorthWestern's previous annual EBITDA (Jun 23) of $45.62M.
NorthWestern 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $23.42M | $62.50M | $66.74M | $27.37M | $29.79M | $59.11M | $51.34M | $35.20M | $37.24M | $63.07M | $53.55M | $29.47M | $21.49M | $50.70M | $59.98M | $21.67M | $47.66M | $72.81M | $58.50M | $56.57M |
| Avg Forecast | $77.00M | $44.20M | $36.75M | $74.08M | $71.64M | $40.69M | $29.50M | $78.08M | $71.82M | $37.31M | $30.93M | $70.98M | $58.56M | $35.79M | $32.47M | $64.53M | $64.30M | $35.06M | $28.11M | $58.14M | $79.28M | $35.50M | $29.28M | $60.19M | $72.41M | $37.55M | $35.88M | $70.99M | $61.50M | $51.08M |
| High Forecast | $79.35M | $45.55M | $37.87M | $76.35M | $74.64M | $42.72M | $29.51M | $93.70M | $72.42M | $56.91M | $31.88M | $85.18M | $70.27M | $35.79M | $32.47M | $77.43M | $64.30M | $35.06M | $28.11M | $69.76M | $79.28M | $35.50M | $29.28M | $72.22M | $72.41M | $37.55M | $35.88M | $85.18M | $73.80M | $61.29M |
| Low Forecast | $74.59M | $42.82M | $35.60M | $71.77M | $68.63M | $38.66M | $29.50M | $62.46M | $69.57M | $25.92M | $29.97M | $56.79M | $46.85M | $35.79M | $32.47M | $51.62M | $64.30M | $35.06M | $28.11M | $46.51M | $79.28M | $35.50M | $29.28M | $48.15M | $72.41M | $37.55M | $35.88M | $56.79M | $49.20M | $40.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.88% | 1.14% | 0.76% | 0.92% | 0.92% | 0.80% | 1.00% | 1.32% | 1.08% | 0.68% | 0.83% | 0.73% | 0.84% | 0.83% | 0.58% | 1.33% | 1.03% | 0.95% | 1.11% |
NorthWestern's average Quarter net income forecast for Sep 23 is $37.31M, with a range of $25.92M to $56.91M. NWE's average Quarter net income forecast represents a 59.31% increase compared to the company's last Quarter net income of $23.42M (Jun 23).
NorthWestern 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $29.95M | $34.70M | $26.77M | $28.15M | $27.22M | $31.64M | $-137.04M | $80.95M | $77.11M | $80.85M | $73.07M | $73.32M | $71.72M | $79.00M | $79.31M | $77.00M | $80.83M | $81.09M | $74.34M | $80.96M |
| Avg Forecast | $61.02M | $54.08M | $50.37M | $73.35M | $56.27M | $51.45M | $45.60M | $41.80M | $67.97M | $53.12M | $50.13M | $38.00M | $-156.33M | $46.59M | $41.22M | $34.54M | $49.30M | $42.76M | $39.53M | $74.52M | $52.82M | $42.46M | $37.80M | $93.78M | $48.37M | $43.41M | $45.37M | $79.06M | $78.16M | $73.10M |
| High Forecast | $62.45M | $55.35M | $51.55M | $75.07M | $58.44M | $51.74M | $46.68M | $50.16M | $68.67M | $53.15M | $51.31M | $45.60M | $-125.06M | $46.59M | $41.22M | $41.45M | $49.30M | $42.76M | $39.53M | $89.43M | $52.82M | $42.46M | $37.80M | $112.53M | $48.37M | $43.41M | $45.37M | $94.88M | $93.79M | $87.72M |
| Low Forecast | $59.55M | $52.78M | $49.16M | $71.58M | $54.10M | $51.16M | $44.51M | $33.44M | $67.28M | $53.09M | $48.93M | $30.40M | $-187.59M | $46.59M | $41.22M | $27.64M | $49.30M | $42.76M | $39.53M | $59.62M | $52.82M | $42.46M | $37.80M | $75.02M | $48.37M | $43.41M | $45.37M | $63.25M | $62.53M | $58.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.91% | -0.17% | 0.60% | 0.66% | 0.92% | -2.78% | 1.89% | 1.95% | 1.08% | 1.38% | 1.73% | 1.90% | 0.84% | 1.64% | 1.77% | 1.78% | 1.03% | 0.95% | 1.11% |
NorthWestern's average Quarter SG&A projection for Sep 23 is $53.12M, based on 2 Wall Street analysts, with a range of $53.09M to $53.15M. The forecast indicates a 77.34% rise compared to NWE last annual SG&A of $29.95M (Jun 23).
NorthWestern 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.39 | $1.05 | $1.32 | $0.48 | $0.55 | $1.09 | $0.99 | $0.68 | $0.72 | $1.25 | $1.06 | $0.58 | $0.43 | $1.00 | $1.19 | $0.43 | $0.94 | $1.45 | $1.18 | $1.17 |
| Avg Forecast | $1.26 | $0.72 | $0.60 | $1.21 | $1.17 | $0.66 | $0.48 | $1.14 | $1.17 | $0.61 | $0.50 | $1.12 | $1.18 | $0.58 | $0.53 | $1.17 | $1.05 | $0.57 | $0.46 | $1.17 | $1.29 | $0.58 | $0.48 | $1.27 | $1.18 | $0.61 | $0.58 | $1.18 | $1.23 | $0.93 |
| High Forecast | $1.29 | $0.74 | $0.62 | $1.25 | $1.22 | $0.70 | $0.48 | $1.14 | $1.18 | $0.93 | $0.52 | $1.15 | $1.22 | $0.58 | $0.53 | $1.17 | $1.05 | $0.57 | $0.46 | $1.17 | $1.29 | $0.58 | $0.48 | $1.27 | $1.18 | $0.61 | $0.58 | $1.18 | $1.48 | $1.12 |
| Low Forecast | $1.22 | $0.70 | $0.58 | $1.17 | $1.12 | $0.63 | $0.48 | $1.14 | $1.13 | $0.42 | $0.49 | $1.08 | $1.14 | $0.58 | $0.53 | $1.17 | $1.05 | $0.57 | $0.46 | $1.17 | $1.29 | $0.58 | $0.48 | $1.27 | $1.18 | $0.61 | $0.58 | $1.18 | $0.98 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.94% | 1.12% | 0.82% | 1.04% | 0.93% | 0.94% | 1.19% | 1.57% | 1.07% | 0.82% | 1.00% | 0.90% | 0.79% | 1.01% | 0.70% | 1.61% | 1.23% | 0.96% | 1.26% |
According to 2 Wall Street analysts, NorthWestern's projected average Quarter EPS for Sep 23 is $0.61, with a low estimate of $0.42 and a high estimate of $0.93. This represents a 56.04% increase compared to NWE previous annual EPS of $0.39 (Jun 23).
NorthWestern Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AES | AES | $13.62 | $26.25 | 92.73% | Buy |
| MNTK | Montauk Renewables | $4.11 | $6.25 | 52.07% | Hold |
| BIP | Brookfield Infrastructure Finance ULC | $34.46 | $44.56 | 29.31% | Buy |
| CIG | Companhia Energética de Minas Gerais | $1.96 | $2.10 | 7.14% | Buy |
| OTTR | Otter Tail | $80.31 | $81.00 | 0.86% | Hold |
| AVA | Avista | $37.47 | $37.75 | 0.75% | Buy |
| NWE | NorthWestern | $55.27 | $51.20 | -7.36% | Buy |
| BKH | Black Hills | $63.16 | $57.00 | -9.75% | Hold |
| ALE | ALLETE | $64.72 | $58.00 | -10.38% | Buy |