WallStreetZenWallStreetZen

NYSE: NVT
Nvent Electric PLC Stock Forecast, Predictions & Price Target

Analyst price target for NVT

Based on 5 analysts offering 12 month price targets for Nvent Electric PLC.
Min Forecast
$64.00-15.12%
Avg Forecast
$72.20-4.24%
Max Forecast
$83.00+10.08%

Should I buy or sell NVT stock?

Based on 5 analysts offering ratings for Nvent Electric PLC.
Strong Buy
Strong Buy
4 analysts 80%
Buy
1 analysts 20%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NVT stock forecasts and price targets.

NVT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-15
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-02-07
lockedlocked$00.00+00.00%2023-12-11
lockedlocked$00.00+00.00%2023-10-30

1 of 1

Forecast return on equity

Is NVT forecast to generate an efficient return?
Company
N/A
Industry
0.03%
Market
21.01%

Forecast return on assets

Is NVT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.01%

NVT revenue forecast

What is NVT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$3.6B+9.01%
Avg 2 year Forecast
$3.8B+15.62%
Avg 3 year Forecast
$4.0B+21.55%
NVT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NVT revenue growth forecast

How is NVT forecast to perform vs Electrical Equipment & Parts companies and vs the US market?
Company
7.45%
Industry
16.73%
Market
9.6%
NVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NVT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NVT vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
NVT$75.40$72.20-4.24%Strong Buy
AYI$268.73$261.00-2.88%Buy
ATKR$190.36$187.00-1.77%Buy
WIRE$262.78N/AN/A
ENS$94.46$116.00+22.80%Buy

Nvent Electric Stock Forecast FAQ

Is Nvent Electric Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: NVT) stock is to Strong Buy NVT stock.

Out of 5 analysts, 4 (80%) are recommending NVT as a Strong Buy, 1 (20%) are recommending NVT as a Buy, 0 (0%) are recommending NVT as a Hold, 0 (0%) are recommending NVT as a Sell, and 0 (0%) are recommending NVT as a Strong Sell.

If you're new to stock investing, here's how to buy Nvent Electric stock.

What is NVT's revenue growth forecast for 2024-2026?

(NYSE: NVT) Nvent Electric's forecast annual revenue growth rate of 7.45% is not forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 16.73%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.6%.

Nvent Electric's revenue in 2024 is $3,263,600,000.On average, 5 Wall Street analysts forecast NVT's revenue for 2024 to be $587,263,405,687, with the lowest NVT revenue forecast at $582,479,700,155, and the highest NVT revenue forecast at $591,484,885,510. On average, 4 Wall Street analysts forecast NVT's revenue for 2025 to be $622,863,715,844, with the lowest NVT revenue forecast at $616,814,094,587, and the highest NVT revenue forecast at $630,653,331,581.

In 2026, NVT is forecast to generate $654,798,664,327 in revenue, with the lowest revenue forecast at $654,798,664,327 and the highest revenue forecast at $654,798,664,327.

What is NVT's forecast return on assets (ROA) for 2024-2026?

(NYSE: NVT) forecast ROA is N/A, which is lower than the forecast US Electrical Equipment & Parts industry average of 0.01%.

What is NVT's Price Target?

According to 5 Wall Street analysts that have issued a 1 year NVT price target, the average NVT price target is $72.20, with the highest NVT stock price forecast at $83.00 and the lowest NVT stock price forecast at $64.00.

On average, Wall Street analysts predict that Nvent Electric's share price could fall to $72.20 by Mar 15, 2025. The average Nvent Electric stock price prediction forecasts a potential downside of 4.24% from the current NVT share price of $75.40.

What is NVT's forecast return on equity (ROE) for 2024-2026?

(NYSE: NVT) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.