(NYSE: NVT) Nvent Electric's forecast annual revenue growth rate of -3.27% is not forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 29.06%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.03%.
Nvent Electric's revenue in 2023 is $2,836,400,000.On average, 2 Wall Street analysts forecast NVT's revenue for 2023 to be $487,009,285,524, with the lowest NVT revenue forecast at $482,336,515,181, and the highest NVT revenue forecast at $491,682,055,867. On average, 1 Wall Street analysts forecast NVT's revenue for 2024 to be $409,804,457,880, with the lowest NVT revenue forecast at $409,804,457,880, and the highest NVT revenue forecast at $409,804,457,880.
In 2025, NVT is forecast to generate $421,465,560,340 in revenue, with the lowest revenue forecast at $421,465,560,340 and the highest revenue forecast at $421,465,560,340.