NorthWestern (NWE) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

NWE Stock Forecast

NorthWestern stock forecast is as follows: an average price target of $60.50 (represents a 15.02% upside from NWE’s last price of $52.60) 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 $60.50 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 $56.00. This represents a potential 15.02% upside from NWE's last price of $52.60.

NWE Analyst Ratings

Buy

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%	6.46%
Sep 12, 2024	Ross Fowler	Bank of America Securities	$65.00	$54.58	19.09%	23.57%
May 16, 2024	Anthony Crowdell	Mizuho Securities	$52.00	$51.86	0.27%	-1.14%
Jan 22, 2024	Shahriar Pourreza	Guggenheim	$47.00	$47.87	-1.82%	-10.65%
Feb 14, 2023	Angie Storozynski	Seaport Global	$31.00	$56.28	-44.92%	-41.06%
Jul 18, 2022		Barclays	$57.00	$57.07	-0.12%	8.37%

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 6.46% increase from NWE last price ($52.60).

NorthWestern Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	4
Avg Price Target	-	$56.00	$55.00
Last Closing Price	$52.60	$52.60	$52.60
Upside/Downside	-100.00%	6.46%	4.56%

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 $52.60. 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 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$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
Avg Forecast	$372.33M	$369.21M	$366.11M	$363.04M	$415.30M	$368.07M	$342.84M	$499.26M	$382.91M	$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
High Forecast	$379.54M	$376.36M	$373.20M	$370.08M	$423.35M	$375.20M	$349.48M	$508.93M	$394.29M	$352.16M	$316.41M	$471.60M	$467.39M	$361.79M	$347.85M	$430.76M	$403.42M	$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
Low Forecast	$365.66M	$362.59M	$359.55M	$356.54M	$407.86M	$361.48M	$336.70M	$490.31M	$371.53M	$348.19M	$304.84M	$471.60M	$457.93M	$361.36M	$335.12M	$415.00M	$388.66M	$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
# Analysts	1	1	1	1	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
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%

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 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	1	1	1	1	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
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
Avg Forecast	$127.89M	$126.81M	$125.75M	$124.70M	$142.65M	$126.43M	$117.76M	$171.48M	$131.52M	$120.28M	$106.62M	$175.47M	$158.91M	$124.19M	$117.21M	$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
High Forecast	$130.36M	$129.27M	$128.19M	$127.11M	$145.41M	$128.87M	$120.04M	$174.81M	$135.43M	$120.96M	$108.68M	$210.57M	$160.54M	$124.27M	$119.48M	$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
Low Forecast	$125.60M	$124.54M	$123.50M	$122.46M	$140.09M	$124.16M	$115.65M	$168.41M	$127.61M	$119.60M	$104.71M	$140.38M	$157.29M	$124.12M	$115.11M	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.39%	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%

2 analysts predict NWE's average Quarter EBITDA for Sep 23 to be $124.19M, with a high of $124.27M and a low of $124.12M. This is 172.23% upper than NorthWestern's previous annual EBITDA (Jun 23) of $45.62M.

NorthWestern 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	1	1	1	1	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
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
Avg Forecast	$76.13M	$46.66M	$39.91M	$83.50M	$76.50M	$45.34M	$35.58M	$74.66M	$70.07M	$40.76M	$29.55M	$78.08M	$71.93M	$37.36M	$30.98M	$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
High Forecast	$78.05M	$47.84M	$40.91M	$85.60M	$78.43M	$46.48M	$36.48M	$76.54M	$70.69M	$42.79M	$29.56M	$93.70M	$72.53M	$57.00M	$31.76M	$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
Low Forecast	$74.36M	$45.57M	$38.98M	$81.55M	$74.72M	$44.29M	$34.75M	$72.92M	$68.44M	$38.72M	$29.54M	$62.46M	$70.25M	$25.96M	$30.26M	$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
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%

NorthWestern's average Quarter net income forecast for Sep 23 is $37.36M, with a range of $25.96M to $57.00M. NWE's average Quarter net income forecast represents a 59.55% increase compared to the company's last Quarter net income of $23.42M (Jun 23).

NorthWestern 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	1	1	1	1	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
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
Avg Forecast	$54.70M	$54.24M	$53.79M	$53.34M	$61.02M	$54.08M	$50.37M	$73.35M	$56.26M	$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
High Forecast	$55.76M	$55.29M	$54.83M	$54.37M	$62.20M	$55.12M	$51.35M	$74.77M	$57.93M	$51.74M	$46.49M	$50.16M	$68.67M	$53.15M	$51.11M	$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
Low Forecast	$53.72M	$53.27M	$52.83M	$52.38M	$59.92M	$53.11M	$49.47M	$72.04M	$54.59M	$51.16M	$44.79M	$33.44M	$67.28M	$53.09M	$49.24M	$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
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%

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 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	1	1	1	1	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
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
Avg Forecast	$1.24	$0.76	$0.65	$1.36	$1.25	$0.74	$0.58	$1.22	$1.14	$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
High Forecast	$1.27	$0.78	$0.67	$1.39	$1.28	$0.76	$0.59	$1.25	$1.15	$0.70	$0.48	$1.14	$1.18	$0.93	$0.52	$1.14	$1.21	$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
Low Forecast	$1.21	$0.74	$0.63	$1.33	$1.22	$0.72	$0.57	$1.19	$1.11	$0.63	$0.48	$1.14	$1.14	$0.42	$0.49	$1.09	$1.15	$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
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%

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	$12.87	$21.50	67.06%	Buy
MNTK	Montauk Renewables	$3.95	$6.25	58.23%	Hold
BIP	Brookfield Infrastructure Partners	$32.49	$40.00	23.11%	Buy
NWE	NorthWestern	$52.25	$60.50	15.79%	Buy
CIG	Companhia Energética de Minas Gerais	$1.90	$2.10	10.53%	Buy
AVA	Avista	$36.74	$40.00	8.87%	Hold
OTTR	Otter Tail	$76.36	$81.00	6.08%	Hold
BKH	Black Hills	$60.06	$57.00	-5.09%	Hold
ALE	ALLETE	$64.68	$58.00	-10.33%	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 $60.5 with a range of $56 to $65, implying a 15.02% from its last price of $52.6. 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 up by 15.02% (from the last price of $52.6 to the average price target of $60.5), up by 23.57% based on the highest stock price target, and up by 6.46% based on the lowest stock price target.

Can NorthWestern stock reach $80?

NWE's average twelve months analyst stock price target of $60.5 does not support the claim that NorthWestern can reach $80 in the near future.

What are NorthWestern's analysts' financial forecasts?

NorthWestern's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.63B (high $1.66B, low $1.6B), average EBITDA is $558.31M (high $569.13M, low $548.31M), average net income is $232.08M (high $237.92M, low $226.68M), average SG&A $238.81M (high $243.44M, low $234.53M), and average EPS is $3.78 (high $3.88, low $3.69). NWE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.47B (high $1.5B, low $1.44B), average EBITDA is $505.15M (high $514.94M, low $496.1M), average net income is $246.2M (high $252.4M, low $240.47M), average SG&A $216.07M (high $220.26M, low $212.2M), and average EPS is $4.01 (high $4.11, low $3.92).

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 $1.41B by 4.91%. Apple's EBITDA was $477.5M, missing the average prediction of $491.59M by -2.87%. The company's net income was $183M, missing the average estimation of $191.35M by -4.36%. Apple's SG&A was $113.8M, missing the average forecast of $-33.978M by -434.92%. Lastly, the company's EPS was $3.62, beating the average prediction of $3.47 by 4.41%. 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 $117.21M by -61.08%. NorthWestern's net income was $23.42M, missing the average estimation of $30.98M by -24.41%. 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%