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NYSE: NVRO
Nevro Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NVRO

Based on 10 analysts offering 12 month price targets for Nevro Corp.
Min Forecast
$112.00-6.82%
Avg Forecast
$148.00+23.13%
Max Forecast
$199.00+65.56%

Should I buy or sell NVRO stock?

Based on 11 analysts offering ratings for Nevro Corp.
Buy
Strong Buy
3 analysts 27.27%
Buy
2 analysts 18.18%
Hold
6 analysts 54.55%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NVRO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
Morgan Stanley
Strong BuyMaintains$150.00+24.79%2021-08-05
Canaccord Genuity
Top 34%
67
HoldDowngrades$112.00-6.82%2021-08-05
JMP Securities
Top 21%
80
BuyMaintains$160.00+33.11%2021-08-05
Wells Fargo
Bottom 7%
7
HoldDowngrades$122.00+1.50%2021-08-05
Citigroup
Top 5%
96
HoldDowngrades$125.00+3.99%2021-08-05
SVB Leerink
Top 20%
81
BuyMaintains$147.00+22.30%2021-08-05
Piper Sandler
Top 14%
87
HoldDowngrades$125.00+3.99%2021-08-05
William Blair
Bottom 8%
8
HoldDowngradesN/AN/A2021-08-05
Baird
Top 16%
85
HoldDowngrades$150.00+24.79%2021-07-06
Morgan Stanley
Top 7%
94
Strong BuyMaintains$199.00+65.56%2021-02-26

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Forecast return on equity

Is NVRO forecast to generate an efficient return?
Company
-11.38%
Industry
22.99%
Market
1,975.18%
NVRO's Return on Equity is forecast to be low in 3 years (-11.38%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is NVRO forecast to generate an efficient return on assets?
Company
-6.8%
Industry
11.68%
Market
951.37%
NVRO is forecast to generate lower Return on Assets (-6.8%) than the US Medical Devices industry average (11.68%)
Forecast

NVRO earnings per share forecast

What is NVRO's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
-$2.89+47.45%
Avg 2 year Forecast
-$2.17+10.71%
Avg 3 year Forecast
-$1.17-40.31%

NVRO revenue forecast

What is NVRO's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$398.9M-2.49%
Avg 2 year Forecast
$467.6M+14.3%
Avg 3 year Forecast
$530.6M+29.68%
NVRO's revenue is forecast to grow at a rate of 6.72% per year, which is not exceptional
Forecast

NVRO revenue growth forecast

How is NVRO forecast to perform vs Medical Devices companies and vs the US market?
Company
6.72%
Industry
7.9%
Market
14.66%
NVRO's revenues are forecast to grow slower (6.72% per year) than the US Medical Devices industry average (7.9%)
Forecast
NVRO's revenues are forecast to grow slower (6.72% per year) than the US market average (14.66%)
Forecast

Nevro Corp Stock Forecast FAQ

Is Nevro Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: NVRO) stock is to Buy NVRO stock.

Out of 11 analysts, 3 (27.27%) are recommending NVRO as a Strong Buy, 2 (18.18%) are recommending NVRO as a Buy, 6 (54.55%) are recommending NVRO as a Hold, 0 (0%) are recommending NVRO as a Sell, and 0 (0%) are recommending NVRO as a Strong Sell.

What is NVRO's earnings growth forecast for 2021-2023?

(NYSE: NVRO) Nevro Corp's forecast annual earnings growth rate of N/A is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 36.72%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Nevro Corp's earnings in 2021 is -$68,265,000.On average, 8 Wall Street analysts forecast NVRO's earnings for 2021 to be $-100,761,994, with the lowest NVRO earnings forecast at $-117,148,893, and the highest NVRO earnings forecast at $-74,612,688. On average, 8 Wall Street analysts forecast NVRO's earnings for 2022 to be $-75,658,660, with the lowest NVRO earnings forecast at $-95,183,476, and the highest NVRO earnings forecast at $-50,206,668.

In 2023, NVRO is forecast to generate $-40,792,918 in earnings, with the lowest earnings forecast at $-52,298,613 and the highest earnings forecast at $-20,222,130.

What is NVRO's revenue growth forecast for 2021-2023?

(NYSE: NVRO) Nevro Corp's forecast annual revenue growth rate of 6.72% is not forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 7.9%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.66%.

Nevro Corp's revenue in 2021 is $409,131,000.On average, 7 Wall Street analysts forecast NVRO's revenue for 2021 to be $13,909,583,174, with the lowest NVRO revenue forecast at $13,429,586,504, and the highest NVRO revenue forecast at $14,501,010,755. On average, 7 Wall Street analysts forecast NVRO's revenue for 2022 to be $16,303,988,006, with the lowest NVRO revenue forecast at $15,597,189,684, and the highest NVRO revenue forecast at $17,110,014,229.

In 2023, NVRO is forecast to generate $18,499,065,390 in revenue, with the lowest revenue forecast at $17,649,735,915 and the highest revenue forecast at $19,317,713,013.

What is NVRO's forecast return on assets (ROA) for 2021-2023?

(NYSE: NVRO) forecast ROA is -6.8%, which is lower than the forecast US Medical Devices industry average of 11.68%.

What is NVRO's Price Target?

According to 10 Wall Street analysts that have issued a 1 year NVRO price target, the average NVRO price target is $148.00, with the highest NVRO stock price forecast at $199.00 and the lowest NVRO stock price forecast at $112.00.

On average, Wall Street analysts predict that Nevro Corp's share price could stay at $148.00 by Aug 5, 2022. The average Nevro Corp stock price prediction forecasts a potential downside of N/A from the current NVRO share price of $120.20.

What is NVRO's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: NVRO) Nevro Corp's current Earnings Per Share (EPS) is -$1.96. On average, analysts forecast that NVRO's EPS will be $-2.89 for 2021, with the lowest EPS forecast at $-3.36, and the highest EPS forecast at $-2.14. On average, analysts forecast that NVRO's EPS will be $-2.17 for 2022, with the lowest EPS forecast at $-2.73, and the highest EPS forecast at $-1.44. In 2023, NVRO's EPS is forecast to hit $-1.17 (min: $-1.50, max: $-0.58).

What is NVRO's forecast return on equity (ROE) for 2021-2023?

(NYSE: NVRO) forecast ROE is -11.38%, which is considered weak.
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