
NVT Stock Forecast & Price Target
NVT Analyst Ratings
Bulls say
nVent Electric has demonstrated strong growth with organic orders increasing by 65%, driven significantly by a remarkable 270% surge in datacenter-related orders, which now account for over 20% of its proforma revenues. The company forecasts organic sales growth of 15%-17%, exceeding earlier estimates and indicating robust demand across its portfolio, particularly in the Systems Protection segment, which saw a 23.2% organic increase. Additionally, nVent's proactive measures to double manufacturing capacity and the sequential growth in backlog signal a strong outlook for future performance, with expectations of improved operating margins in the upcoming quarters.
Bears say
nVent Electric's financial outlook is negatively impacted by a decline in adjusted gross margin, which fell to 37.4%, missing consensus estimates and reflecting a 233 basis point year-over-year contraction. Additionally, adjusted operating margins decreased to 20.2%, slightly below expectations, with concerns regarding potential operating challenges related to mergers and acquisitions potentially affecting future earnings per share. The company also faces significant macroeconomic pressures, including inflation, rising commodity costs, and supply chain disruptions, which could further impede its financial performance.
This aggregate rating is based on analysts' research of nVent Electric plc and is not a guaranteed prediction by Public.com or investment advice.
NVT Analyst Forecast & Price Prediction
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