NorthWestern (NWE) Stock Forecast, Price Target & Predictions
NWE Stock Forecast
NorthWestern stock forecast is as follows: an average price target of $50.40 (represents a -9.90% downside from NWE’s last price of $55.94) 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 $50.40 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 -9.90% downside from NWE's last price of $55.94.
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 |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Ross Fowler | Bank of America Securities | $65.00 | $54.58 | 19.09% | 16.20% |
| May 16, 2024 | Anthony Crowdell | Mizuho Securities | $52.00 | $51.86 | 0.27% | -7.04% |
| Jan 22, 2024 | Shahriar Pourreza | Guggenheim | $47.00 | $47.87 | -1.82% | -15.98% |
| Feb 14, 2023 | Angie Storozynski | Seaport Global | $31.00 | $56.28 | -44.92% | -44.58% |
| Jul 18, 2022 | - | Barclays | $57.00 | $57.07 | -0.12% | 1.89% |
The latest NorthWestern stock forecast, released on Sep 12, 2024 by Ross Fowler from Bank of America Securities, set a price target of $65.00, which represents a 19.09% increase from the stock price at the time of the forecast ($54.58), and a 16.20% increase from NWE last price ($55.94).
NorthWestern Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $65.00 | $65.00 | $54.67 |
| Last Closing Price | $55.94 | $55.94 | $55.94 |
| Upside/Downside | 16.20% | 16.20% | -2.27% |
In the current month, the average price target of NorthWestern stock is $65.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 16.20% increase as opposed to NorthWestern's last price of $55.94. This month's average price target is down 0.00% compared to last quarter, and up 18.90% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Barclays on Aug 06, 2024. The company gave NWE a "Underweight" 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $290.50M | $454.50M | $425.28M | $335.07M | $323.00M |
| Avg Forecast | $415.30M | $352.20M | $337.61M | $494.02M | $380.07M | $352.24M | $310.40M | $471.60M | $462.66M | $361.57M | $341.24M | $422.57M | $395.75M | $317.08M | $280.55M |
| High Forecast | $428.60M | $363.48M | $348.42M | $509.84M | $392.24M | $352.75M | $320.34M | $486.70M | $467.39M | $361.79M | $352.16M | $436.10M | $408.42M | $327.23M | $280.55M |
| Low Forecast | $408.19M | $346.17M | $331.83M | $485.57M | $373.56M | $351.74M | $305.09M | $463.53M | $457.93M | $361.36M | $335.40M | $415.34M | $388.98M | $311.65M | $280.55M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.85% | 1.08% | 1.07% | 1.06% | 1.15% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $45.62M | $153.90M | $140.19M | $101.04M | $103.47M |
| Avg Forecast | $145.01M | $122.98M | $117.89M | $172.50M | $132.71M | $123.00M | $108.39M | $175.47M | $161.55M | $126.25M | $119.15M | $159.52M | $138.19M | $109.00M | $97.96M |
| High Forecast | $149.66M | $126.92M | $121.66M | $178.03M | $136.96M | $123.17M | $111.86M | $210.57M | $163.20M | $126.33M | $122.97M | $191.43M | $142.61M | $130.80M | $97.96M |
| Low Forecast | $142.53M | $120.88M | $115.87M | $169.55M | $130.44M | $122.82M | $106.53M | $140.38M | $159.90M | $126.18M | $117.11M | $127.62M | $135.82M | $87.20M | $97.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.38% | 0.96% | 1.01% | 0.93% | 1.06% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | $23.42M | $62.50M | $66.74M | $27.37M | $29.79M |
| Avg Forecast | $74.40M | $43.78M | $34.93M | $72.89M | $72.04M | $43.92M | $29.53M | $78.08M | $71.88M | $37.34M | $30.96M | $70.98M | $72.42M | $35.49M | $32.44M |
| High Forecast | $77.49M | $45.60M | $36.39M | $75.93M | $75.04M | $46.23M | $30.76M | $93.70M | $72.49M | $56.96M | $32.25M | $85.18M | $75.43M | $42.59M | $32.44M |
| Low Forecast | $72.74M | $42.80M | $34.16M | $71.27M | $70.44M | $41.61M | $28.87M | $62.46M | $70.28M | $25.95M | $30.27M | $56.79M | $70.80M | $28.39M | $32.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.88% | 0.92% | 0.77% | 0.92% |
NorthWestern's average Quarter net income forecast for Sep 23 is $37.34M, with a range of $25.95M to $56.96M. NWE's average Quarter net income forecast represents a 59.45% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | $29.95M | $34.70M | $26.77M | $28.15M | $27.22M |
| Avg Forecast | $61.02M | $51.74M | $49.60M | $72.58M | $55.84M | $51.75M | $45.60M | $41.80M | $67.97M | $53.12M | $50.13M | $38.00M | $58.14M | $81.62M | $41.22M |
| High Forecast | $62.97M | $53.40M | $51.19M | $74.91M | $57.63M | $51.83M | $47.06M | $50.16M | $68.67M | $53.15M | $51.74M | $45.60M | $60.01M | $97.95M | $41.22M |
| Low Forecast | $59.97M | $50.86M | $48.75M | $71.34M | $54.88M | $51.68M | $44.82M | $33.44M | $67.28M | $53.09M | $49.28M | $30.40M | $57.15M | $65.30M | $41.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.91% | 0.46% | 0.34% | 0.66% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.39 | $1.05 | $1.32 | $0.48 | $0.55 |
| Avg Forecast | $1.21 | $0.71 | $0.57 | $1.19 | $1.17 | $0.72 | $0.48 | $1.14 | $1.17 | $0.61 | $0.50 | $1.12 | $1.18 | $0.58 | $0.53 |
| High Forecast | $1.26 | $0.74 | $0.59 | $1.24 | $1.22 | $0.75 | $0.50 | $1.19 | $1.18 | $0.93 | $0.53 | $1.16 | $1.23 | $0.61 | $0.53 |
| Low Forecast | $1.19 | $0.70 | $0.56 | $1.16 | $1.15 | $0.68 | $0.47 | $1.12 | $1.15 | $0.42 | $0.49 | $1.09 | $1.15 | $0.57 | $0.53 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.94% | 1.12% | 0.82% | 1.04% |
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 | $18.54 | $26.71 | 44.07% | Buy |
| MNTK | Montauk Renewables | $4.48 | $6.25 | 39.51% | Hold |
| BIP | Brookfield Infrastructure Finance ULC | $33.19 | $43.89 | 32.24% | Buy |
| CIG | Companhia Energética de Minas Gerais | $2.11 | $2.10 | -0.47% | Buy |
| AVA | Avista | $38.54 | $37.75 | -2.05% | Buy |
| BKH | Black Hills | $60.55 | $57.00 | -5.86% | Hold |
| ALE | ALLETE | $64.08 | $58.00 | -9.49% | Buy |
| NWE | NorthWestern | $55.94 | $50.40 | -9.90% | Buy |
NWE Forecast FAQ
Is NorthWestern a good buy?
Yes, according to 7 Wall Street analysts, NorthWestern (NWE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of NWE's total ratings.
What is NWE's price target?
NorthWestern (NWE) average price target is $50.4 with a range of $31 to $65, implying a -9.90% from its last price of $55.94. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NorthWestern stock go up soon?
According to Wall Street analysts' prediction for NWE stock, the company can go down by -9.90% (from the last price of $55.94 to the average price target of $50.4), up by 16.20% based on the highest stock price target, and down by -44.58% based on the lowest stock price target.
Can NorthWestern stock reach $80?
NWE's average twelve months analyst stock price target of $50.4 does not support the claim that NorthWestern can reach $80 in the near future.
What is NorthWestern's current price target trend?
1 Wall Street analyst forecast a $65 price target for NorthWestern (NWE) this month, up 16.20% from its last price of $55.94. Compared to the last 3 and 12 months, the average price target increased by 16.20% and decreased by -2.27%, respectively.
What are NorthWestern's analysts' financial forecasts?
NorthWestern's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.51B (high $1.55B, low $1.49B), average EBITDA is $539.57M (high $582.56M, low $500.17M), average net income is $223.58M (high $245.73M, low $203.39M), average SG&A $194.99M (high $206.68M, low $184.82M), and average EPS is $3.51 (high $3.67, low $3.41). NWE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.6B (high $1.65B, low $1.57B), average EBITDA is $558.38M (high $576.26M, low $548.82M), average net income is $226M (high $235.41M, low $220.97M), average SG&A $234.94M (high $242.47M, low $230.92M), and average EPS is $3.68 (high $3.84, low $3.6).
Did the NWE's actual financial results beat the analysts' financial forecasts?
Based on NorthWestern's last annual report (Dec 2022), the company's revenue was $1.48B, beating the average analysts forecast of $993.39M by 48.76%. Apple's EBITDA was $477.5M, beating the average prediction of $345.15M by 38.34%. The company's net income was $183M, beating the average estimation of $140.34M by 30.40%. Apple's SG&A was $113.8M, missing the average forecast of $180.98M by -37.12%. Lastly, the company's EPS was $3.62, beating the average prediction of $2.29 by 57.89%. In terms of the last quarterly report (Jun 2023), NorthWestern's revenue was $290.5M, missing the average analysts' forecast of $341.24M by -14.87%. The company's EBITDA was $45.62M, missing the average prediction of $119.15M by -61.71%. NorthWestern's net income was $23.42M, missing the average estimation of $30.96M by -24.36%. The company's SG&A was $29.96M, missing the average forecast of $50.13M by -40.25%. Lastly, the company's EPS was $0.39, missing the average prediction of $0.505 by -22.71%